Online Currency Currency News

Frozen NETELLER Account

I’ve used NETELLER on and off over the years for online gaming transactions and have an account that I hadn’t used for some time. Recently I went back in, used the account for a small value transaction.

All was going well and I was appreciating the sophisticated systems that NETELLER has until they froze my account for no known reason!

Half of the money is still in the account and I cannot get to it. I’m very annoyed about this frozen NETELLER account.

When trying to login all it says is that “for my protection” the account has been frozen and…
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MoneyGram Privacy

Having a read through the MoneyGram Online Privacy Statement it’s interesting to see quite how far an MoneyGram need to go to make sure their clients are comfortable with the privacy of their transfers.

Privacy in MoneyGram is quite obviously a big thing as it should be for all online sites who hold users data. This is especially important when you’re transferring money or dealing with people’s credit card or personal bank account details online.

There have been numerous occassions where websites have been hacked and private details exposed. These situations tend to get thrown around in the media a lot and leave some people being very cautious about who they will pass their bank account details or personal credit card numbers to.

The MoneyGram Privacy Policy states this in the opening paragraphs:
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Obopay Mobile Money Services

Press Release from Obopay launching a first-of-its-king mobile money service, powered by Nokia and Obopay. The system uses a mobile payments platform to facilitate Customer Convenience and encourage Financial Inclusion.

MUMBAI – Feb. 15, 2010 – Nokia, a global leader in the mobile telecommunications industry, YES BANK, India’s new-age private sector Bank and Obopay India, a wholly owned subsidiary of Obopay, Inc., have launched a Mobile Payment Service which establishes a platform enabling transfer of money using the mobile device in a secure manner. YES BANK, one of the pioneer banks in the Mobile Payments space, has received the regulatory approvals from the Reserve Bank of India (RBI), India’s Central Bank to act as the Issuing bank and the custodian of funds under these services. This innovative pre-paid mobile payments service will be initiated as a pilot in Pune, one of the largest metropolitan cities in India. These services will be widely distributed leveraging off the reach of Nokia’s retail channel.
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Perfect Money Internet Payment System

I’ve just come across Perfect Money which is an online payment system that I haven’t managed to see before.

Here’s the Perfect Money description on what they do;

Perfect Money is a leading financial service allowing the users to make instant payments and to make money transfers securely throughout the Internet opening unique opportunities to Internet users and owners of the Internet businesses. Perfect Money targets to bring the transactions on the Internet to the ideal level!

They advertise that they have the lowest fees on the market however I will need to do some research on this to check out if the claim is true in comparison to all of the other internet payment systems that complete transactions similar to what Perfect Money (perfectmoney.com) do.

On an initial run through their features, it appears that they are a very similar service to PayPal except that they do offer extras like buying gold.

They do have their own Perfect Money API which is interesting. This means there are pre-built options for accepting payments in online stores through their internet payment system.

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Moneygram Questions

After having a further look around for more information to add to our Moneygram Review it seems there are quite a few situations where people have asked if the Moneygram order they have completed is legitimate or not.

Here are some examples;

I have received two Money Gram Money Orders the first in the amount of $500.00 with a routing number of 091900533 & indicating payable thru Wells Fargo Bank, South Central, N.A. Anchorage, Alaska and could have been purchased at Raley’s Bel Air Nob Hill Food Source. It also shows Issue/Drawer, Money Gram Payment Systems, Inc.

The other Money Gram Money Order is in the amount of $300.00 and shows the same routing number and both were purchased on 8/25/2009, from BlurtIt.

The answer that came back was;

I got three from scammers. This is an old trick. They use Craigslist to buy things with fake Money Orders and then ask for the “overpayment” to be wired back to them. Since it takes weeks for your bank to find out the check is phony, the crook (based in Africa) has your real $$$ which you wired to him.

So, the questions appear to be legitimate issues, be careful that you know where the money is coming from and that you know exactly what it is for before handing over any detailed information.

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Currency Converter Online

When you’re looking around for the best place to give you quick and easy results on currency conversions it can be a little mind boggling with the different rates that are given depending on whether your buying, selling, using TT payments for off-shore currency or local payments through physically deposited checks.

The local online currency converter that I sometimes use…

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Money Transfer you can Trust

One of the difficult things with finding the right money transfer service online is making sure it’s one that you can trust will give you good service and help you out if something goes wrong.

If you take a service like Currency Online, they are working hard let people know that there are real people with quality teams trading money behind the scenes, all working hard to make sure you can trust their money transfer service along with working to bring you the best possible client service that they can for an online business.

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