Send Money Online from anywhere in UAE

UAE customers can now enjoy Prosum’s online money transfer service to send money online.

You can now conduct your remittance transactions and send money through wire transfer, a.k.a. funds transfer right from your desk – or even from the beach.

So how does one pay the remittance company?

The payment is made online directly from your bank account or card.

Presently online money transfer services are available for customers in UAE. Prosum shall soon be enabling the services from more GCC countries.

Sending money for international money transfers was never so easy. Stop wondering how to transfer money, how to send money for international money transfer and how to find money transfer services. Instant access for international remittance through online money transfers now is a breeze when you use Prosum’s online services, the best way to send money be it for international bank transfer or instant money transfer.

The remittance back-end processes are conducted by Prosum’s partners that are reputed and well established money transfer companies a.k.a. exchange houses and are adept at sending money overseas including to India, Pakistan, Bangladesh, Sri Lanka, Nepal, Philippines, GCC countries, USA, UK, Europe, Africa etc. These remittance companies are formally registered and operational under the regulatory guidelines of Central Bank of UAE.

With best foreign exchange rates and very attractive charges you will find Prosum’s online money transfer channel as the cheapest way to send money and surely the best money transfer method in Abu Dhabi / Dubai, United Arab Emirates.

Experience the arm-chair comfort for online money transfer and send money online anytime, anywhere.

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RBI Sets New Guidelines for Online Payments

RBI has issued a set of new Guidelines for Online Credit Card payment processing.

Effective 1st August 2009 all online transactions will be done with an extra level of safety and security as per the new guidelines issued by Reserve Bank of India (RBI) in which all online payments are required to go through an extra level of authentication.

As per the guidelines issued, when you will make an online transaction with your credit card, you will need to enter a password as an extra level of authentication after entering your credit /debit card details. This technology for safe online transactions is called VBV – Verified by Visa or MSC -MasterCard Secure Code.

Why this new process?

To make the online payment process free from credit card scams. This new process is an extra layer of security is to protect you even if your credit card details are hacked.

To get the ‘Extra Password’:

Log on to your bank’s website
Register your card for Verified by Visa (or MasterCard Secure Code)
Get your password
(Different banks have different kinds of processes for registration so contact your bank)

To make online payments:

Choose online payment transaction.
Enter your credit card details on the payment page
You will be redirected to your bank’s website
Enter your VBV/MSC password
You will be redirected to the Merchant Site for completing the entire payment process

The above process is different for American Express Card holders. For AMEX Cards, you will be asked to enter your billing address on the payment page, which will be passed on to the bank. The billing address is the one that you provide while registering the Card. This technology is called AVS – Address Verification System. When you provide the address the bank will verify the billing address against the address that the bank has in its records. So be careful while giving your billing address as your payment will be rejected if the billing address doesn’t match.

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