Top 5 Reasons Why You Should Choose Online Money Transfer

When was the last time you spent a relaxed, quality time on something you love? – Your family, a walk in the garden, your favorite game, a novel….?

Good news is that you are not alone in heaving a big sigh!

Most of us in today’s busy world are caught up in our hectic pace of lifestyle. What with work pressures on one side, travel distances and travel times consume a big part of our daily time.

Which brings us to the 1st reason why you should choose online money transfer.

1) Save Your Time:

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Interesting Snippets

Online Payment Updates from Around

  • Gossamer Blog » PCI/DSS – The Future of Online Payment Security – PCI/DSS – The Future of Online Payment Security. June 8, 2009. pci-dss-gossamer-threads-title. It’s no secret that people are concerned about information security while doing business online. The Payment Card Industry Data Security …

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Hmm, Another Avatar of Recession

Count yourself lucky if you have been able to pay your credit card dues on time in these days of recession and job losses.

While there are no valid excuses for defaulters in the eyes of the card issuers, sometimes situations do get a bit beyond control.

Read what senior executives at leading banks in UAE have to say about the situation.

The UAE is estimated to have Dh20 billion as outstanding payment on credit cards. Also, about 8-10 per cent of that could be distressed or delinquent, bank officials told Emirates Business.

AXA Insurance Gulf launches its online services

AXA Insurance Gulf has launched its online services. Through this service,
• Customers can now buy and renew motor policies online
• Get a quote in less than a minute
• 5% discount for buying a new policy online

AXA Insurance Gulf, the region’s number one international non-life insurer has launched its online service allowing customers to buy and renew their motor insurance policies online.

Empost Staff Helps Bust Gang of Credit Card Cheats

Credit Card frauds have become quite common despite the various security controls introduced by the industry. But when it happens in your own back yard, then it is time to sit up and pay better attention.

Read the following article as reported in Khaleej Times.

Alertness on the part of an Empost employee helped the police to bust a gang of credit card cheats recently. Three Asians were arrested in this connection.

According to police, an Asian man approached the Empost office in Al Rumool area in Dubai and after claiming to be a GCC citizen, requested for a credit card parcel.

Dubai Police begin drive on credit card data security

Are you concerned about your credit card data security? Are you comfortable using your ATM cards even at ATMs or your credit cards even at physical locations such as restaurants?

Read the following article published in Gulf News:

By Siham Al Najami, Staff Reporter
Published: June 08, 2009, 23:22

Dubai: Dubai Police have launched a weeklong awareness campaign on protection of credit cards amid a global increase in counterfeiting crimes.

At press briefing of the campaign yesterday, Lieutenant-Colonel Ali Ahmad Ganem, Director of Al Rashidiya Police Station and head of the campaign, highlighted the need to keep the cards secure particularly during the summer season.

Mobile Payments – Collaboration is the Key

By Torbjorn Zetterlund

In theory, the concept of mobile payments has a strong business case, given the high market penetration rates of mobile devices, such as cellular phones and PDA?s, in many parts of the world. In addition, mobile operators and financial institutions, through the use of these devices, envision an attractive way to enable their customers to make payments. On the consumer side, users can reap the benefits of convenience, permitting them to buy goods and services from any location.

No Alarming Drop in UAE Workforce

As recession hits UAE too, many employees and employers project a gloomy look.

But is everything truly so disturbing and past hope?

Read the following article published by Gulf News on the Filipino statistics which does give an indication of +/- percentages that might be applicable for other nationalities also.
Asian diplomats: no drop in the UAE workforce

The overall expatriate workforce in the UAE has not dropped drastically, according to Asian diplomats who backed their claims with statistics which indicate an increase for some nationalities in the first quarter of this year.