| Computers and money...with the widespread use | | | | benefit to Pay Pal is it allows you to |
| of the Internet more and more people are | | | | conduct merchant processing-which means you |
| using credit cards for online purchasing. | | | | can sell online to people using Pay Pal, |
| Even with all the encryption and "security" | | | | Master Card, Visa, American Express, Discover |
| technology out there today, identities are | | | | Card, etc to complete the transaction. It's |
| stolen, credit card fraud occurs and people | | | | all very cool, secure and easy to do. |
| get hurt everyday. Using debit cards is | | | | |
| especially risky IF that debit card is tied | | | | 2. Having a dedicated E-account will also |
| to your primary checking account, which | | | | allow you to set up an Ebay account-most |
| brings me around to the point of this | | | | everybody knows about Ebay...another reason |
| article. How to set up a dedicated online | | | | to setup a dedicated E-checking |
| E-checking/debit card account for ALL online | | | | account!Setting up a dedicated E-account in |
| purchasing so you run the least risk of | | | | this manner is also a good way for people who |
| taking a financial hit on the Internet... a | | | | don't have credit, have gone bankrupt, have |
| concept you may want to implement.First, you | | | | had lenders revoke or suspend credit cards, |
| have to find a bank that offers free (and I | | | | or people who are just tired of paying |
| mean free) checking. Secondly, open a | | | | high-interest credit card debt to operate |
| DEDICATED checking account with a small | | | | online. This way they still have some form of |
| amount of money (say $20.00 to $100.00) and | | | | "plastic" to use in a world that virtually |
| set this account up for online banking access | | | | demands its use without paying the ridiculous |
| and order a debit card for the account. (A | | | | interest rates associated with credit cards. |
| debit card is tied directly to a checking | | | | The key is to keep just the amount of money |
| account, it looks like a credit card and acts | | | | you need in the E-account as you need it and |
| like a credit card but its purchasing power | | | | no more (just in case) you get whacked by a |
| is limited to the amount of money in your | | | | crook.If you are interested in receiving a |
| checking account). Thirdly, this E-checking | | | | really cool "no strings attached" report |
| debit card account should be treated like a | | | | called E-Tailing! Email us at the address |
| "self-funded" line of credit to be used | | | | below and let us know...we will send it to |
| STRICTLY for online transactions (don't write | | | | your email address absolutely FREE. It has |
| checks from this account-just use the debit | | | | click-able links to take you everywhere you |
| card like a credit card). The idea being that | | | | have to go-an Ezine reader |
| IF your account numbers are stolen or you are | | | | exclusive!Copyright © 2006 |
| a victim of an online scam, your loss is | | | | |
| limited to the amount of money in this | | | | James W. Hart, IV |
| dedicated account. The primary benefit of | | | | |
| this arrangement is that it keeps your online | | | | All Rights reservedNAME: James W. Hart, IV |
| purchasing completely separate from your | | | | |
| other accounts and limits the amount of | | | | TITLE: Author/CEO Smart Books Publishing |
| damage you will experience if you are ripped | | | | |
| off. The downside of this arrangement is that | | | | WEB SITE: |
| your purchasing power is limited to how much | | | | |
| money you have in the E-account and you don't | | | | EMAIL: PRODUCT: Consumer Books, Kits & |
| have the same "return of goods" provision | | | | Special E-Reports in the areas of Real Estate |
| with a debit card as with a credit card, so | | | | & Business. Smart Books Publishing Web Site |
| you still have to be careful. All things | | | | is a Pay Pal-Secured Seller/Secured Credit |
| considered this is one of the more | | | | Card merchant. (Ebay User Number |
| intelligent ways to purchase online. Of | | | | jim12302)MEDIA INTERVIEW AVAILABILITY: Yes. |
| course, if you treat this E-account like a | | | | Call For Bookings (419)-636-7210. BIO: Mr. |
| self-funded line of credit it will keep you | | | | Hart, consumer advocate and CEO of Smart |
| from charging beyond your means and you can | | | | Books Publishing, previously licensed in the |
| use this particular debit card for other | | | | sale of real estate in the state of Ohio, has |
| "credit like purchases" like dinners out, | | | | been directly involved in the origination of |
| booking hotel rooms, etc. Again, if | | | | residential and commercial mortgage |
| something bad happens, your loss is limited | | | | financing. Hart is an honorably discharged |
| to the amount in the account. But there are | | | | veteran of the U.S. Army, graduate of the |
| more benefits to this strategy:1. Having a | | | | University of Toledo. He is a member of the |
| (dedicated) "E-checking account" online will | | | | National Panel of Consumer Arbitrators and |
| allow you to setup a Pay Pal account (Pay Pal | | | | the Council of Better Business Bureaus, Inc. |
| is a secure way to send and receive money | | | | Mr. Hart has appeared on a number of radio |
| online). Pay Pal is, in essence, an | | | | and TV stations throughout the U.S. including |
| "electronic wallet" that has become the | | | | WJR-AM, WWWE-AM, WHUR-FM, WRC-AM, WLW-AM, |
| industry standard for transferring money | | | | WTVN-AM, WSPD-AM, KDKA-AM, KBGS-AM and |
| between buyers and sellers online. Pay Pal | | | | CNBC-TV and many others... Hart is an |
| set up is free, easy to do and allows you to | | | | experienced and dynamic media guest. |
| buy and sell online securely. Another | | | | |