Why Avail The Services of A Local SEO Company

Search engine optimization has become the lifeblood of the success of an organization irrespective of the domain of operation. In addition to this, people are actually making the best use of it. In most cases, the search engine optimization services are outsourced from the experts so as to maintain good rankings on the web. The main reason for which this concept came into the picture was the increasing market competition. People have so many alternatives for any service one can think of. This makes it even more important to give them some reasons to bank on you and ignore the others. In order to attain a preferred position among varied clients, it is very important to take help from local SEO experts.

The experts have gained great exposure of working in the domain and hence, they are well aware of the scenarios that can emerge. Considering this fact, it is undoubtedly a great decision to give all risk handling to a local SEO company and focus on other relevant business aspects completely.

Listed below are the major reasons for which you must hire local SEO experts:

You can expect result-oriented SEO services if you get in touch with a reputed optimization service provider. This is important to secure high rankings on the search engine and attract the desired prospective visitors. The best quality on-page optimization can be experienced by availing the services from SEO experts. Make sure that you have clarity on your exact requirements because then only the same can be communicated to the service provider. This will help the businesses to expect tailored solutions matching with their exact requirements.
Logical link building and citations can be availed so as to broadcast business name as well as the address on the web pages. An experienced service provider assures link building on authorized portals.
The optimization services by experienced professionals make efficient use of latest technology so as to keep the campaign updated and informative. This makes it easier to get in touch with the prospective clients and reap great returns in both short as well as long run.

bkbcleaning made a real revolution in the industry.
Posted in Uncategorized | Comments Off

The Pros and Cons of an Online Wallet

Life has become busy for a lot of us especially if you are the type who works long hours a day or if you work on different shifts. There are certain things unavailable at night and may even prove more dangerous (even if day time proves to be equally the same these days). Many businesses have opted to create a way for people to be able to make purchases more conveniently by providing different online businesses that deliver the same items and services. However, for such things to become a reality, one also needs to have an online wallet.

Having an online wallet can prove relatively vital especially for persons who want to shop online due to their restrictions or even to do much of financial transactions online. Although the system has proven itself over the years, and many have opted to use it, one still needs to be aware of the pros and cons it imposes.

If you are still thinking of obtaining an online wallet, the following things can make your decision pretty fast:

Convenience. Carrying around a lot of money makes you a potential target for theft. Many will notice you and you may even feel paranoid-always looking around you-wondering if people nearby can potentially detect the amount of cash you bring. When you have an online wallet, you can do the same transaction from the convenience of any mobile connection that will allow you to transfer the amount necessary to purchase items or pay for services (like the EPS system).
Time. Since you can transact as long as you have a connection to your wallet and the entity holding up your balances, you will have the ability to transact at any time from the convenience of your own home. You are in control of your availability and when you will do your purchases so even if your schedule is hectic, you can still do what you want to do.
Traceability. Your transactions are connected to an entity who is able to provide you with a ledger of all the transactions that you have made and how much have been debited or credited into your account that is why every single centavo you sent is traceable and you can verify them or dispute should there be any existing inconsistencies.
However, having an online wallet can also prove to have its own inconvenience especially if your financial network does not provide services for such connections. The following are the major concerns for having an online wallet:

Limitations. Not all services are tied up with all banks. There are payment networks that although they honor online transactions, do not honor certain financial institutions or are not yet coordinated with them-coordination may usually take a long time that is why there are still some items that you need to purchase by yourself.
Security. Although all programmers and developer of online wallet providers do the best that they can every day to make their services better, the security of networks can still be vulnerable that is why there are still problems concerning online fraud and money laundering. One has to make sure that they are always doing their purchases and access on secured and trusted servers alone-although sometimes this can be unsecured too.
Additional Charges. There are some banking or financial institution that will charge up extra-or businesses to-for online transactions as they will be charging it to the amount they also need in keeping their online businesses. So, what you normally pay for two dollars can now cause you two and a quarter.

Posted in Uncategorized | Comments Off

The Nigerian President Needs Our Help

There has been a lot of talks about “change” since the 2015 campaign started and it kept resonating after the election. President Muhammadu Buhari won and lots of people are happy.

I believe Nigeria will not have a real change and it’s citizens will not enjoy it until some people are taught a lesson. A society where there is no rule of law is doomed. Then what do you say about a society where the judges that are supposed to uphold the law are the ones that are not only breaking it but are abating the actions of the criminals? It is only in Nigeria that a verdict is written that states the criminal should not be “harassed”. It is only in Nigeria that the judges postpone cases indefinitely till the corrupt politicians leave office. It is only in Nigeria that while votes are being counted a winner is declared with picture that shows final results. That is like saying Thursday comes before Tuesday in a given week. It is a no brainer. It does not show any logical sense. The judges have no ignominy at all. No discreetness.

It is only in Nigeria that a corrupt politician from a particular tribe or state is charged to court for stealing from his/her people and the same people will be the ones telling you “leave our son/daughter alone”. “Tender justice with mercy”. What the hell?!!!!! This bloody idiot just stole your livelihood: prevented you from having good roads, hospitals, descent drinking water, food and turned you to subhuman species while his/her kids are gallivanting all over the world with your money. He/she is charged to court then you start accusing the government of selective prosecution. It doesn’t matter if it is your brother, your dad, your sister or cousin. The person has deprived you of your basic rights of livelyhood. Nigeria resources belong to everybody so he is not doing you any favour by stealing and depriving you of it. This is almost like victim self-blaming. This is where the victim starts thinking it is their fault and start feeling sorry for the bully or the person that has been mistreating them. You ask yourself “what the bleep is wrong here?” Nigerians have been psychologically abused so long that we are feeling sorry for the abusers and bullies. What a shame.

This makes you wonder why the senate president planned that “coup”. I believe they knew there was going to be a real change whereby the president was going to select new fearless judges and a set of courts that will be dealing exclusively with corruption. If there are pictures or evidences to show piles of money in somebody’s house and they can not account for it, that should be a slam dunk case. The Whole world has seen on internet different piles of money at homes of corrupt politicians. This people are still walking around free. They are invited by EFCC a couple of times and at the end of the day nothing comes out of it and everybody forgets the case. Do you have to be a rocket scientist to figure what is going on? The judges are the problem.!!! Remember when the former governor of delta state was accused in a Nigerian court when the judge stated that he had convicted him years back? All of a sudden the same judge had selective amnesia at the next court session!!! Shegéé! What a joke?

The next thing they want to do now is let the senate president get away with his dribbling. Bringing 40-50 senators to the court session is nothing but a game. People should know that by now. That’s what they all do. The funny thing about that is people want to praise these actions while they are making a fool of everybody.

This is where we need to help the president. Right thinking and conscientious people need to go to the court house and have peaceful demonstration against this people. If there are 50 of the senators, let there be 2000 people to counter them. If the whole senate goes with him during the next hearing, let there be 4000 plus people to counter. This is the only way we can help the president fight this gang of thieves. They don’t care about the people. You wonder how you have all these evidences against them with billions stolen but the stupid judges will be putting people that stole pieces of fish in jail. Nigerians need to wake up. The youths need to wake up from their slumber. All the fathers of the independence were in their late 20′s and early 30′s. Chief Awolowo,Sadauna of sokoto, Azikiwe,,obasanjo, Gowon and the rest of them were in their 30′s making decisions that affected the nation. Wake up youths, wake up. Whenever these rogues go to public places people need to let them know Nigerians are not fritters.

You want to help the president? Then demonstrate it by letting the enemies of progress know that it is a new dawn. Let the bad justices that are always abating with the corrupt politicians know that we support the president in fighting this menace called corruption. We will do anything to put corruption in the coffin. Let the drivers, the cooks and maids of these corrupt elements know that enough is enough. Even the security details need to start asking themselves if they are where they want to be or is the country where it is supposed to be. No matter what amount of money they pay you, their corrupt action is depriving the country from progressing. These politicians are cowards. By the time you continue to demonstrate like what happened in ilorin, they will run away. It is them against the citizens that voted for president Buhari. Can Nigerians do it? Can the youths demand for their rights? They may do it for a few days and go back to their shells, leaving things as status quo. They forget that change and freedom are not easy to achieve without a long battle. The students in South Africa recently demanded until the president listened to them and met their demands. This is what happens anywhere in the world where the people want real change. We know who the enemies are and what they do. So help the president by demanding justice for him. He can not do it by himself.

As for former petroleum minister, she needs to go to oshika, okogbe, Akala-Olu in ahaoda west local government area of Rivers State. This area plus all others in the Niger delta are destroyed due to corrupt actions of people that allow environmental polluters from being held accountable for their actions. She claims to have breast cancer. What does she want people that have neurofibromas, solid cutaneous tumors, people with topical ulcer, children with single brains (holoprosancephally), children with abnormally large distance between the eyes(hypertalorism) do? They don’t live long. Niger delta area where the fish smells of kerosine and the Eba turns black. What does she want those people to say? Who is going to pray for them? She has a new minister trying to spin the situation and make her look good. Did he think Nigerians are stupid? The president should beware of that minister because we don’t think he can be trusted. The positions she held were not the issue. What she did not do with her position was the problem and how she not only wasted money while her people are dying but embezzled money and deprived them of good life. Was she praying for this people? She can go back and forth to consult with the best physicians any where in the world with Nigerian money. But who is going to take care of the illnesses of this people in the Niger delta that are dying like chickens? For the next 50 years the cancer rate will continue to increase.

She forgot her own people. Now she wants people to pray for her.She is lucky to have just breast cancer and means to treat herself. But there are people who live with worse and more aggressive types of cancer that resulted from her corrupt actions and inactions about the crude oil pollution. This people can not afford to eat, not to talk about treating their cancer. A lot of people think she can have cervical cancer for all they care. The person that needs help and prayer right now is the president and the people can do it by taking the country back. Do we need to resurrect Tunde Idiagbon to come deal with these corrupt politicians and all their cohorts?

Posted in Uncategorized | Comments Off

What to Do When You Need Money

Budget and expenses are two of the most important and critical aspects in one’s life. From bills, to school fees and household expenses, a lot of money is required and that it ends up quickly before the month’s ends as well.

Suppose you do not have money, then there are plenty of ways to get it either through the loan, or a credit card. Before making a decision, need to consider a few things so that you don’t end up in any trouble at all.

Make an assessment of your financial situation

You need to deliberate thoroughly, before you plan to borrow money. That is, you should debate whether you really require a loan or not. If there is some solution to your shortage in money, kindly address it soon.

You need to review your household budget as well. If you can save money by changing the broadband supplier or the amenities (gas or electricity) supplier, then do so. You would be surprised how much you have saved at the end of each month. This would help you to sort out your cash problems for sure.

But if there is no option left, you can opt for a credit card or a loan.

Credit Card

Before you decide to select the credit card, you need to address the following questions.

· What is the rate of interest?

· How much time will it take to pay off the balance?

· Do you need to use the card for paying other expenses that would increase the balance and eventually increase the interest rate that you need to pay?

· Are you already having some balance on the card?

· How close will you be with your credit limit when you use the card for the respective expense?

Sometimes, it happens that you have the option of spreading the payments with your creditor through a payment plan. If such is the case, you should discuss it, and if the expense is not an emergency, you can delay it too. This will help you to save some amount of money that would enable you to pay the partial cost without the need to burrow.

Personal Loan

A loan is a good option, but the following questions need to be pondered upon and clarified before applying for the loan.

· How much is the monthly payment?

· Is the interest rate variable or fixed?

· What is rate of interest?

· How much days do you have to return the interest?

· Are there fees when applying for the loan?

· Is there a penalty if the loan is paid off early?

· Do you need to provide collateral for taking the loan? That is, do you need to pledge something of value like a car or the house to the lender?

Posted in Uncategorized | Comments Off

Benefits of Credit Card Machines for Business

Other than credit card machines, technology has produced many notable effects, including the credit card machine. In the 21st century, people open themselves up to technology from the very center of their being. It has the added benefit of leading to an increase in the use of credit and debit cards. Additionally, the coronavirus’ arrival has also contributed to the increased use of contactless transactions. EMV cards are replacing magistrate premium cards. EMV chip cards give you the ability to make contactless payments. The merchants must have advanced payment terminals to accept such payments.

Credit and debit cards are used almost exclusively in today’s business world. To take your business to the next level, you must associate it with a credit card machine. The processing and payment services you need for online sales include a merchant processor that provides you with an online payment gateway. There will always be online modes that people will prefer to use, regardless of the volume of transactions. As a result, you have to use an advanced piece of equipment, such as a credit card machine, in tandem with your business.

Advantages:

Just because we’re living in the 21st century, it’s impossible to conceive of life without modern technology. A large number of businessmen prefer to stick to established business models. However, sometimes you have to alter your plans according to the current situation. This means that you need to be one step ahead of everyone else in the business. You will lose customers otherwise. An establishment that gets access to a credit card machine will enjoy countless benefits. Listed the benefits; so, don’t miss the following:

Obtain Legal Recognition for Your Company:

Accepting card payments using digital payment terminals is a legitimate business practice, so it should help your company a lot. The card brand name will be printed on the POS, and thus the customers will have no problem noticing it. This logo will be featured on the same online marketplace as well. The greater the number of customers from outside the country, the more money you’ll make.

Increase Your Profitability:

To accept various forms of payment, like credit cards, Google Pay, Apple Pay, and more, use a credit card machine at your business. Creating a positive impression on your customers is quite simple, but it also keeps your customers loyal. A credit card machine, thus granting flexibility in the ecosystem of online payment, provides customers with many payment options, thus allowing them to pay bills in various ways.

How to stay ahead of the competition:

Many businessmen have not yet fully embraced digital equipment, making small-business models in the early stages of transition. To accept online payments, your business equipment must be upgraded. If customers are no longer carrying cash, you can outpace your competitors. Research has shown that when customers use their cards to make a purchase, they spend more. Additionally, because you will make a substantial profit from accepting card payments, it’s highly recommended that you do so.

Cash Flow Improving Measures:

The customers’ card payments get settled quickly when they pay with a card. Everything is done electronically, so you don’t have to go to the bank to deposit the money. Additionally, you don’t have to wait for customers to pay you. Your cash flow will thus improve.

Posted in Uncategorized | Comments Off

Are You Choosing the Right Stock Market Advisory Company

What do you do if you want to learn driving a car? You will try to find an expert teacher, isn’t it? You do not want to avail the services of a novice individual to help you out, but a professional person can provide you the vital tips and most importantly guide you efficiently. Similarly, when it comes to investing in the stock market for the first time, you require a knowledgeable advice to attain your financial goals and get profitable returns.

If you are a beginner, then it is quite obvious that you may be having no information about the process of buying the right shares in the market. In such a situation, getting the right tips from an experienced financial advisor or a registered advisory company will truly prove to be a great blessing in disguise. However, there are some of the important things that have to be kept in mind while choosing the top stock market advisory company, which are as follows:

How much assistance do you actually require?

Before you make up your mind to hire an advisor, it is imperative that you must first decide about the kind of service you require from them. You may need their help at the beginning or during the time of any issues. This is because an advisor has to formulate a map according to your requirements. Hence, it is suggested to ascertain your needs first and then take further action.

Choose a top ranked advisory company

It is a very important point that has to be taken into the consideration. Availing services of the well known advisory company or a financial advisor is an absolute necessity. Make it a point to carry out a proper background or research work about the company. Check out their credentials, reputation, experience, etc before hiring them.

Asking for a sample financial plan initially makes sense

When hiring a financial advisor, then do not forget to ask for sample plan first. It is imperative to note that there is no such thing called the perfect plan. A sample plan will help you to determine whether an advisory company is actually making sense according your requirements or not.

Conclusion

The financial planners or advisory companies can really turn out to be the greatest asset for you if you choose the best one. They are just like the professional sailors who can help you out to sail through stock investment related problems quite efficiently.

Deepak is a financial advisor who likes to provide quality tips to the people facing any issues with regard to investing in the stock market. He likes to keep himself updated about the stock market by reading articles, news and blogs, etc.

Posted in Uncategorized | Comments Off

5 Areas Where Interest Rates Matter!

Although, we hear, a lot of opinions, about, interest rates, and their trends, and impacts, very few people seem to understand, the significance, and importance/ relevance, of these rates, in several areas of our lives! After, many decades of involvement, in political campaigns, leadership, leadership training/ planning, real estate, financial sales and consulting, etc, I strongly believed, one benefits, by understanding, more about these, and how they affect, many things, in our lives! Whether, related to personal, organizational, and/ or, public finance/ spending, home ownership and related costs, credit – related issues, business matters, stock and bond pricing, etc, interest rates, truly, significantly, matter! With, that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 of these areas, and how the cost – of – money, makes a significant difference.

1. Bond prices and interest rates: The price of a bond, generally, is inversely – related to interest rates! When these rates go down, prices, rise, and when they go up, the inverse occurs! Bonds have, what is known, as, a par – value, which is the price, paid, at the end of the term. Markets usually set these at 100, which represents $1,000 per bond, at maturity. However, during the period, the pricing can rise or fall, which impacts, liquidity – related issues!

2. Mortgage rates: For the last few years, we have been witnessing and experiencing, record – low, mortgage interest rates, which have helped the overall, real estate/ housing market, especially, in terms of, pricing increases! In most areas of this country, we are seeing, home prices, at their highest levels, ever, by a significant, dramatic amount! When this rate, is low, a home buyer is able to buy, more – house – for – his – bucks, because, his monthly payments, are so low! Consider, however, what might be the potential ramifications, and impacts, when these rates, will, inevitably, rise?

3. Consumer credit: Low costs of borrowing, help the automobile industry, in terms of consumer financing, etc! Although, not as much as other vehicles, rates on credit card debt, are lower, and there are often, shorter – term, promotions, offering deals! However, since, most of these are variable, and based, on some index, etc, what happens, when there is an increase, in this?

4. Business borrowing: Another area affected, is business cost of borrowing! Presently, they have had access, to relatively, cheap – money, which helps in reducing the costs of borrowing, overall operations, purchasing inventory, etc. But, what happens, when this, ticks – up?

5. Impacts on stock market prices: For some time, because bonds have paid so little, in terms of dividends, etc, many have considered, the stock market, the only game, in – town! In addition, many corporations, have seemed, better – off, than they probably are, and we have witnessed, a higher, ratio of prices to profits, than in the past! How long will this last? How high can it go?

Many factors impact these issues, especially: actual and/ or, perceived inflation; consumer confidence; politics/ government actions/ the Federal Reserve, etc. The more you know, and understand, hopefully, the better – prepared, you will be!

Posted in Uncategorized | Tagged , , , | Comments Off

Setrega – A Global Analytical Regulatory Platform

Setrega is the Global Regulatory Analytical Platform which provides a comprehensive solution to the financial institutions for complying with one or more Regulatory Authorities. Through highly customizable and end-to-end automation, Setrega helps clients to configure Reporting Data, Reporting API, Connecting/Integrating Settings, Report Generation Requirements, Report Validation Requirements, Report Submission Mode and Feedback Management. As a Global Regulatory Analytical Platform, Setrega is designed to integrate with any financial services firms to receive regulatory data and process them to regulatory reports in specific formats with minimum customization effort.

Currently, all financial institutions are facing problems with dynamic changes in regulatory requirements, implementation risks associated with regulatory reporting and managing regulatory report error handling. All financial institutions are forced to adapt to these challenges and continuously seek for solutions which are cost-effective and accurate, with real-time feedback management. Sensiple’s Setrega fits into this emerging environment by supporting multiple Regulatory Authorities with an end-to-end automated solution.

Regulation Complied Preconfigured – ESMA – MIFIR/MiFID II, Monetary Authority of Singapore (MAS), Superintendencia Financiera de Colombia (SFC) etc.,
Significant benefits of the Global Regulatory Analytical Platform are,

Automation Capability

Financial Institutions gets the advantage of preparing and submitting regulatory reports without manual effort.

Comply with new Regulations without risk

Setrega provides flexible data source configuration, API mapping and reporting format changes with minimum customization in product level which ensures relief from regulatory and compliance risks for the financial institutions working in various regions.

Scalability

Depending on the Institutions type like Buy Side/ Sell Side/venues, Setrega is scalable in terms of increasing number of connections, the humongous volume of data, more number of reports and formats, increased number of submission modes and regulatory authorities.

Transparency

Handling a large volume of data gives challenges in managing data to auditing; Setrega makes it more accessible by allowing the clients to have full control over data by powerful data transparency method.

Dashboard

Setrega act as a one-stop shop for all regulatory reporting for financial institutions. A vastly informative dashboard in Setrega provides all historical, current and scheduled regulatory reports and its internal & external statuses in graphical and tabular representations.

Regional Coverage

Financial firms who run their business across the globe get benefited from Setrega as one solution solves all the regulatory and compliance needs. It is successfully verified with major regulatory frameworks like MiFID II and NFA (National Futures Association) and regulatory authorities like SEC and SFC.

Posted in Uncategorized | Tagged , , | Comments Off

The Rise of Online Payment Gateways

The cashless payment system is growing exponentially with evolving payment methods, rising e-commerce use, enhanced broadband connectivity, and emergence of new technologies. Can increasing incidences of cyberattacks and spams hamper the growth of online payment market or will it continue to grow at a rapid rate?

The global digital payment industry is expected to hit the USD6.6 trillion mark in 2021, registering around a 40% jump in two years. The cashless payment methods are rapidly evolving with ground-breaking innovations such as mobile wallets, peer-to-peer (P2P) mobile payments, real-time payments, and cryptocurrencies. In the growing digital age, many payment technology companies are collaborating with traditional financial institutions to cater to the latest consumer and merchant preferences. Due to enhanced broadband connectivity, increasing mobile commerce, emergence of new technologies such as Virtual Reality, Artificial Intelligence, and rapid digitization, billions of people have started embracing contactless payments in both developed and emerging countries. Besides, surging e-commerce businesses, digital remittances, digital business payments, and mobile B2B payments are boosting the non-cash transaction ecosystem.

Cashless transaction method users across various generations are widely adopting the digital peer-to-peer (P2P) apps as they are more appealing and flexible to use. In-app payments or tap-and-go transactions take seconds at the checkout and allow users to make payments anytime and anywhere. Tokenization, encryption, Secure Sockets Layer (SSL), etc., offer multiple ways of securing payments while enabling digital transactions. Moreover, the users do not have to fill in information every time to complete the payment process. Thus, online payment gateways play a crucial role in the economic growth, enabling trade in the modern economy. With social distancing rules in place, digital payments have become an obligation for contactless transactions rather than just a transaction alternative to prevent the spread of coronavirus.

Digital Commerce Empowering Businesses
Electronic payment systems have become a crucial part of businesses as consumer inclination towards online shopping is expanding. With broadening internet penetration, increasing use of smartphones, and diverse options for e-transactions, most consumers are preferring online channels over traditional brick-and-mortar stores for shopping. Therefore, businesses are shifting online with an electronic payment solution to maximize their profit earnings. Automating the electronic payment system eliminates the scope of errors and saves a considerable amount of time and effort. High standards for detecting and preventing fraud in digital transaction systems and AI-based fraud detections protect users from security breaches. By providing the flexibility for making payments through credit/debit cards, mobile money, e-Wallet, etc., the businesses can expand their customer base. The electronic payment process improves customer satisfaction as customers do not need to count cash or deal with paperwork whenever they want to make the transaction.

Biometric Authentication Enhancing Security
Biometric authentication involves recognizing biometric features and structural characteristics to verify the identification of an individual. The verification method can involve fingerprint scanning, facial recognition, voice recognition, vein mapping, iris detection, and heartbeat analysis. With the rise in identity theft and fraud, biometric authentication has become a reliable and secure alternative for making digital transactions. According to a recent research, biometrically verified mobile commerce transactions are expected to constitute a massive 57% of the total biometric transaction by 2023. Biometric payment cards are also becoming popular as they support tap-and-go payments, allowing users to make faster digital transactions. The digital payment technology provider, Worldline is partnering up with the French FinTech, A3BC (Anything Anywhere Anytime Biometric Connection), to protect mobile phones from intrusion with a two-factor authentication process. The combined solution eliminates identification through a single touch, rather it recognizes fingerprints through a picture of the hand. MasterCard is planning to bring FinGo’s vein-scanning payment solution that facilitates users to authenticate transactions.

Dominance of Mobile Wallets
In 2019, mobile wallets overtook credit cards to become the highly adopted payment type globally. Digital wallets offer flexibility to users to store multiple payment methods in one digital home and turn cash into electronic money required for online or in-store purchases. Financial institutions have already started to embrace the digital wallet trend by offering virtual cards to business customers. The virtual cards stored in digital wallets consist of details like 16-digit card number, CVV code, date of expiry and work just like the physical plastic card. Currently, only 37% of merchants support mobile payments at the point of sale, but with the rising adoption, merchants are willing to invest in technologies facilitating digital wallets. The virtual wallets can save money due to low processing costs as they limit transaction values and frequency. Artificial Intelligence (AI) is improving the user experience with regards to transactions with ChatBots, designed to execute and robotize essential exchanges as per the user’s interest. Besides, cryptographic money-based e-wallets are being embraced by new companies to small-medium organizations for storing digital money. Smart voice technology is contributing to the growth of smart voice wallets ever since Amazon propelled the principle of this platform, which is now being followed by Google and Apple.

E-Commerce Boom Accelerating Digital Payment Market Growth
E-commerce growth at an exponential rate is creating shock waves, and the sonic boom is reverberating across the FinTech sector. The growth of many e-commerce companies is driven by the kind of financial services they provide. Digital transactions make it convenient for the buyer and seller to make transactions and remain loyal to the market space. The COVID-19 pandemic added a different dimension to e-commerce innovation, introducing newer trends such as payment alternatives at checkouts (not with digital wallets), virtual cards, QR codes, and other touchless transactions. Besides, the Buy Now Pay Later (BNPL) trend is dominating the e-commerce industry as it relieves the financial burden on the buyer. BNPL involves a soft credit check, so the consumers can buy what they need, keep the inventory moving, and pay overtime without affecting their credit score. BNPL provides businesses with much-needed liquidity and greater flexibility at the checkout.

Influence of COVID-19 Pandemic on Digital Payment Market Growth
Digital payment systems have moved beyond their peer-to-peer (P2P) transfers and bill payments. The COVID-19 pandemic allowed digital payment systems to showcase their strengths, such as a strong understanding of hyper-local markets and its ability to establish strong local partnerships. Businesses and consumers increasingly “went digital” for providing and purchasing goods and services online. When the pandemic hit, people did not want to touch or exchange cash due to the paranoia of catching the infection from physical currencies. Several governments around the world introduced digital financial transfers to provide COVID-assistance. Owing to lockdown measures, consumers shifted to online platforms, which catapulted the demand for digital payment systems. Now, digital platforms have become an essential component of people’s lives, and consumers are more likely to continue shopping online in the post-pandemic period. The dramatic shift in consumer behavior is likely to augment the demand for e-payment systems even more. Therefore, companies are focusing their attention on digital mediums to meet the new customer demands and thrive businesses in the changing market scenario. Organizations are reimagining customer journeys to reduce friction and provide new security features. Payment companies such as PayPal and Square Cash are staffing up across the board to better understand the rearrangement of societal norms and stabilize the business in the near future.

e-Payment Systems are the Future
With increasing smartphone and internet penetration, consumers are becoming tech-savvy, which presents endless opportunities for the digital payment markets. Post-pandemic, digital payment systems are anticipated to continue to flourish over the years to come. While cards remain the first choice for payments around the world, mobile wallets are quickly gaining traction. The traditional cash flow is declining in bank branches and ATMs, demonstrating a power move towards a cashless society. Currently, China dominates the global mobile wallet consumption, followed by South Korea. However, there are still many countries that are highly dependent on cash due to lack of trust towards financial institutions and lack of proper broadband infrastructure, etc. In the near future, social media-initiated payments, biometric payments, voice-activated payments are likely to become mainstream in developing countries as well.

Cybersecurity and Privacy Concerns with Online Payment Solutions
Cybersecurity and privacy threats have become a troubling concern with the increasing incidences of online fraud. According to the Mastercard survey, one out of four consumers experienced some kind of fraud in 2020, ramping up the cybercrime rate by 49%. In the first half of 2020, online scams increased by 73.8% from 2019. However, adopting new-age technologies such as multifactor authentication, biometrics, 3D security, Artificial Intelligence, and Machine Learning can help control fraudulent activities such as phishing, virus attacks, etc. Shifting to contactless cards, QR codes, and tokenization can also help mitigate risks associated with digital payment solutions. Besides, sensitizing end-users about the secure application of e-payment solutions through amplifying efforts towards building financial literacy can help to prevent frauds. The emergence of mobile commerce and the evolution of e-payment platforms backed by robust security solutions can help to drive the goal of making the economy truly cash-less.

According to TechSci research report on “Global Payment Gateway Market By Type (Hosted, Self-hosted & Bank Integrated), By Enterprise Size (SME and Large Enterprise), By End-User (Retail, Travel & Hospitality, Healthcare, Education, Government, Utilities & Others), By Region, Competition, Forecast & Opportunities, 2026″, the global payment gateway market is expected to cross USD15 billion mark in 2019, registering a CAGR of 22% by 2026. The growth can be attributed to the increasing demand for online transactions, rising broadband connectivity, and exponential growth of e-commerce across the world.

Posted in Uncategorized | Tagged , , , , , | Comments Off

Give a Chance to Binary Options Trading This Season

Binary options trading has a lot of rumors and controversy around it, but it is, in fact an easier and enjoyable form of trading. Especially if a person is new to the world of trading, as this is easy to understand. In binary options trading, a trader bets on stock and either earns money if it matches within a certain amount of time or loses it. That is why it’s a risky but equally exciting way of earning money. There are just two options of ‘yes’ or ‘no,’ hence the name binary.

If the stock price does not fall on the correct side of the strike price within the expired time and date, then the trader loses the money. But if it does fall on the correct side, the trader gets a profit.

For example, if a stock is trading at $60, the binary option has a strike price of $65 and expires at 12 pm the next day. The trader can buy the option for $50. If, after the expired time, the money goes above $65, say at $100, then the trader gets a profit of $50 (100 – 50). But if the money falls below $65, that is, it’s out of money, then the trader suffers a loss. Either way, it is good for practicing day trading as it helps in building an accurate intuition.

Another important part of binary options trading can ensure that the trader is not getting into any scam sites. This is because there have been cases of the trading system being rigged and the company profiting from all the activities. That is why a binary options broker is essential for the trading to be legit. Brokers help manage the amount, and they also do not take any commission for a trade that ended in a draw. Brokers are necessary for any trading because whatever profit the trader earns from trading will be their own wealth. There are no cuts from the amount, except for the commission the broker gets. But the majority of the amount goes to the individual.

Here are some of the benefits of having a brokerage account and a stockbroker:

· Trade with many companies – The person can place their options on any stocks that the broker has access to. And this may be every company listed in the New York stock exchange or Nasdaq stock market.

· Individual and independent trading – With brokers, an individual has direct access to the foreign exchange in stocks. That gives the independence to invest in international stocks and decide the stock selection.

· One-time money management – Many brokers understand the importance of other investments like bonds, mutual funds, and bank account products. Hence the broker lets the trader get a single environment that can take care of all this, letting the person have a simplified path to money management and not have accounts spread out for different investments.

· Customer service – Brokers also give financial advice that goes beyond finance or trading. Every broker has a different form of service, but working with a broker will also help get different resources for better managing the finances.

Posted in Uncategorized | Tagged , , , , | Comments Off