money transaction | Pixr8 News

Today PayPal is one of the biggest businesses in the money transfer industry making a revenue of $15.45 billion a year and processing $578 billion in payments annually. A great number of businesses rely on this service to receive and send payments abroad, thus greatly increasing their opportunities. Small businesses, in particular, benefit from it. With PayPal now launching a financing service the influence of this company will definitely increase further. Even at the stage it is now, it rivals banks and has an even wider reach in some areas. However, for all the benefits it offers, the company also charges high fees and has some other issues, which should make its customers hesitate and look for alternatives whenever possible. PayPal Pros and Cons for Small International Busines...

India's fifth largest private sector bank Yes Bank has announced the launch of 'Yes Pay', a digital wallet across Android and iOS mobile platforms. As a new development in the realm of digital payments, Yes Pay is also built as a Facebook app. The fact that the wallet can be accessed through Facebook without any additional registration, Yes Pay has now empowered all social media and Smartphone users to be money-wise. Apart from mobile recharge and bill payment which are the key offerings for most digital wallets in India, Yes Pay also features functionalities that allow both 'users' and 'non users' to send and receive money. "Our wallet does not require that both the transacting parties be registered on the wallet. That brings to fore immense possibilities. Think of a businessman wh...

Tag: money transaction

A Clear Look at PayPal Benefits Vs. Risks

Yes Bank Launches Digital Wallet ‘Yes Pay’ Across Android, iOS Platforms