Monday, March 27, 2006

E-CURRENCY INTRODUCTION

WHAT IS E-CURRENCY ?


The -E- of E-Currency stands for "electronic" in which means the currency used on the internet related field just like e-mail.

There are several benefits of using e-currency such as E-Gold and Paypal. The e-currency can be used on the internet related comercial applications such as network shopping and doing some investments via the internet.

The using of the e-currency for example e-gold and paypal brings people a new way not to use their credit card as the only payment methode on yhe internet since sometimes there exists a big risk to provide youyr cradit card information to the merchant you do not know them very well and far away in the other side of the earth.

The e-currency service such as E-gold, Paypal, and ebulliopn provides both of the buyer and merchant the convenient way to send and receive the payment just by clicking the "Confirm" Button and the deal is done. None of the payment methode in the world right now can provide this kind of efficiency capability.

The discovery of e-currency also provide some local merchants a good chance to expand their business capability from their local are to the world via the internet. They can buil up their own payment system such as shopping cart provided by most of the e-currency service company easily. After receive the payment order they can ship their products through the world wide logistic service companies like UPS, DHL, and FEDEX.

In an overview of e-currency, it will bring or create a whole new internet application just like credit card before. So knowing more information about e-curency is getting more and more important becouse it will become part of our life soon.