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Digital Money World

Archive for May 2008

May 21st, 2008

Paypal vs major banks

Paypal at present has over 120 million customers that use its services. Customers ranging from large companies who do thousands of transactions to individuals who just want to occasionally send and receive money on line. So how does paypal measure up to the banks we have been using for 100’s of years?
Well, at first glance, Paypal may seem to be […]

By moneypenny -- 0 comments

May 20th, 2008

Paypal Starts Buy Now Pay Later Scheme

(Digital Money World) Fancy getting something of your liking online and paying later? Paypal has started the initiative of creating a credit system to allow you to do so with Paypal’s Pay Later.
Quoted by Chris George, Paypal
Pay Later is incredibly easy for buyers. All you have to provide is your date of birth and the […]

By Benson -- 1 comment

May 18th, 2008

Online secure payments and data sharing.

This link on Paypal customers and their payment preferences, ties in rather nicely with a theme we’ve had here on digitalmoneyworld in the last week. That of security, and in particular, data security with any online payment system.
Weve spoken about scams, both with traditional banks in my last post, and also companies like moneybookers and the spammers and […]

By moneypenny -- 0 comments

May 16th, 2008

Another bank scam mail for Uk banks to deal with.

According to the twitter and newspeak I hear, spammers and scammers are getting evermore present even after the biggest spammer of all time was arrested. One has to use firefox to try and weed some of them out. If you belong to google groups, yahoo, facebook or where-ever, and lets face it, most of us do, you’ll […]

By moneypenny -- 1 comment

May 16th, 2008

IRS Admits “Human Error” in Processing Tax Rebates

Tax girl wote on the fumble made by the IRS … read the article…
Remember that great stimulus package? Well, as it turns out, the IRS made a couple of errors… or 350,000. The IRS has admitted that they have already underpaid 350,000 taxpayers. Why? And are there more to come?read more | […]

By moneypenny -- 0 comments

May 15th, 2008

Everyone’s Been Waiting For - E-gold’s Verdict

(Digital Money World) The verdict is out. E-gold loses the case to the US government. A surprise?

A trial court in the District of Columbia, 2008 U.S. Dist. LEXIS 37602, UNITED STATES OF AMERICA v. E-GOLD, LTD, et al., for violation of 18 USC 1960 which makes it a crime to operate an unlicensed money transmitting […]

By Benson -- 4 comments

May 13th, 2008

IRS Can Scam You Too

(Digital Money World) Well literally. Email phishing attacks now extends to IRS alike emails,
Dear Member,
You have 1 unread Security Message!
Click Here to resolve the problem.
Please do not reply to this email, as your reply will not be received.
This is an automatic notification of new security messages.
Thank you.
Internal Revenue Service
United States - Department of The […]

By Benson -- 0 comments

May 10th, 2008

Fake moneybookers scam ?

You’ve got cash      

Greetings from moneybookers.com! We would like to inform you that you have received a payment from merchatrade3@merctrade.com.

Payment details

Amount: USD 320.00
ID: 95229846
Subject: withdraw complete
Note: Click here to accept this payment

 

Your money is waiting for you in your Moneybookers account.Use this link to accept payment- www.moneybookers.com.We hope you enjoy your cash.
This is what arrived in […]

By moneypenny -- 37 comments

May 10th, 2008

Paypal limits

Many people may not be aware, that in a bid to control tax avoidance, and do due dilligence for money laundering, Pay pal  have imposed a limit of E 2,500 annually that can be received or sent through an account, from 2008.
If the account is to be used for higher volume transactions, then an identity […]

By moneypenny -- 5 comments

May 9th, 2008

online payment companies who uses them?

 Well done Benson for setting up the donation  link for Burma. hopefully all you bullion traders will donate some of your returns to those who have lost everything, and let’s hope they open up the borders to help. 
 Today I’m including a post I made before about online payment companies. For those that think I’ve been after them, […]

By moneypenny -- 0 comments

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