E11 | Bm2Pay https://www.bm2pay.com Unlimited Payments Solutions Tue, 22 Oct 2019 04:50:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.4 https://www.bm2pay.com/wp-content/uploads/2024/11/cropped-bm2pay-1-32x32.jpeg E11 | Bm2Pay https://www.bm2pay.com 32 32 EMI https://www.bm2pay.com/2019/10/22/emi/ https://www.bm2pay.com/2019/10/22/emi/#respond Tue, 22 Oct 2019 04:00:12 +0000 https://www.bm2pay.com/?p=3699 The Electronic Money Institution (EMI) supplies licenses for issuing electronic money. It allows certain entities to issue their own currency, which can be used outside the location of the payment system. It can also be converted to other currencies and service third-party payments. In addition, the EMI license allows the created currency to bind already existing payment bank cards to client sub-accounts. EMI licenses enable the issuing of cards of major vendors (VISA, MC, etc) and even the creation of an independent card payment system.  READ MORE: YOUR GUIDE TO BASIC TERMS IN THE BANKING SECTOR 

The post EMI first appeared on Bm2Pay.]]> The Electronic Money Institution (EMI) supplies licenses for issuing electronic money. It allows certain entities to issue their own currency, which can be used outside the location of the payment system. It can also be converted to other currencies and service third-party payments. In addition, the EMI license allows the created currency to bind already existing payment bank cards to client sub-accounts. EMI licenses enable the issuing of cards of major vendors (VISA, MC, etc) and even the creation of an independent card payment system. 

READ MORE:

YOUR GUIDE TO BASIC TERMS IN THE BANKING SECTOR 

The post EMI first appeared on Bm2Pay.]]> https://www.bm2pay.com/2019/10/22/emi/feed/ 0 E-WALLETS https://www.bm2pay.com/2019/06/19/e-wallets/ https://www.bm2pay.com/2019/06/19/e-wallets/#respond Wed, 19 Jun 2019 08:09:00 +0000 https://www.bm2pay.com/?p=3488 The E-wallet is an electronic device or online service that enables a user to perform electronic transactions. The consumer’s bank account, debit card or credit card can be linked directly to the digital wallet, making payment instant and frictionless. Aside from performing payments, some E-wallets can also store important functions such as bus and subway passes, coupons, theater tickets, IDs and gift cards.  E-wallets offer several advantages such as immediate payment transfer, enhanced security, ease of use, and savings for both retailers and consumers. Among the most widely used digital wallets are PayPal, Samsung Pay, Venmo, Apple Pay, and Google Wallet.  A relatively new type of digital wallet is the Crypto E-wallet. An EMI-licensed E-wallet provider can issue credit cards of major issuers and even create an independent card payment system. By utilizing a widely used credit card, customers can pay even at locations where cryptocurrency is not accepted.    Image courtesy of Pikisuperstar

The post E-WALLETS first appeared on Bm2Pay.]]> The E-wallet is an electronic device or online service that enables a user to perform electronic transactions. The consumer’s bank account, debit card or credit card can be linked directly to the digital wallet, making payment instant and frictionless. Aside from performing payments, some E-wallets can also store important functions such as bus and subway passes, coupons, theater tickets, IDs and gift cards. 

E-wallets offer several advantages such as immediate payment transfer, enhanced security, ease of use, and savings for both retailers and consumers. Among the most widely used digital wallets are PayPal, Samsung Pay, Venmo, Apple Pay, and Google Wallet. 

A relatively new type of digital wallet is the Crypto E-wallet. An EMI-licensed E-wallet provider can issue credit cards of major issuers and even create an independent card payment system. By utilizing a widely used credit card, customers can pay even at locations where cryptocurrency is not accepted. 

 

Image courtesy of Pikisuperstar
The post E-WALLETS first appeared on Bm2Pay.]]> https://www.bm2pay.com/2019/06/19/e-wallets/feed/ 0 E-COMMERCE MARKETPLACE https://www.bm2pay.com/2019/02/26/e-commerce-marketplace/ https://www.bm2pay.com/2019/02/26/e-commerce-marketplace/#respond Tue, 26 Feb 2019 16:09:57 +0000 https://www.bm2pay.com/?p=2452 Many online enterprises are seeking to expand to foreign markets, but they are deterred by the initial investment. Often they lack the funds to develop logistics, inventory, marketing and other processes required for a global business. Today, many small online businesses are joining the e-commerce marketplace business model, which enables them to connect to a large enterprise that serves as an umbrella for many small online businesses. Large companies like Amazon, Etsy, eBay, Snapdeal and others provide all the online services a fledgling business needs to start operating in new markets. However, there are also disadvantages which an online marketer must consider before jumping in. READ MORE: WHAT SHOULD YOU LOOK FOR IN AN E-COMMERCE MARKETPLACE?

The post E-COMMERCE MARKETPLACE first appeared on Bm2Pay.]]> Many online enterprises are seeking to expand to foreign markets, but they are deterred by the initial investment. Often they lack the funds to develop logistics, inventory, marketing and other processes required for a global business.

Today, many small online businesses are joining the e-commerce marketplace business model, which enables them to connect to a large enterprise that serves as an umbrella for many small online businesses. Large companies like Amazon, Etsy, eBay, Snapdeal and others provide all the online services a fledgling business needs to start operating in new markets. However, there are also disadvantages which an online marketer must consider before jumping in.

READ MORE:

WHAT SHOULD YOU LOOK FOR IN AN E-COMMERCE MARKETPLACE?

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