Finance & Loans – SNDA Online

The Human IPO

Staff — Tue, 22 Oct 2013 23:06:37 +0000

The idea of an individual person’s output being treated as a market commodity is hardly new. Musicians such as David Bowie and sports athletes have been offering investors a cut of their future profits as far back as the 1990s. But Wired says that Mike Merrill has taken this to the next level by selling shares of his future earnings and letting shareholders make key decisions in his life.

Some of the decisions have been seemingly arbitrary – such as if he should become a vegetarian or switch political parties – while others have impacted his dating and work lives. The exercise has made many of the ideals of free market capitalism extremely personal. The end results have been positive for Merrill, though – his shareholders have approved a new girlfriend and the value of his “shares” have risen sharply since 2008.

Learn more at: http://www.wired.com/business/2013/03/ipo-man/all/

About the Author: Samuel Phineas Upham is an investor at a family office/ hedgefund, where he focuses on special situation illiquid investing. Before this position, Phin Upham was working at Morgan Stanley in the Media & Technology group. You may contact Phin on his Twitter.

Essential Software and Tools for Online Companies

Staff — Fri, 18 Oct 2013 18:16:29 +0000

Are you planning to start a new business on the internet? If so, your e-commerce business needs more than a website. Designing a fancy website without the right online software and tools is the equivalent of designing a grocery store without a cash register, shopping carts, or products on the shelves. Customers might visit the store because of the sign on the door, but they can’t purchase anything!

Running an e-commerce business requires specific software and tools. With the appropriate tools in your toolbox, you can display your products, provide an online shopping cart, and accept credit cards and other payment methods on the internet. There is even software you will need if you want to provide your customers with quality customer service, such as email support or virtual face-to-face support. But how do you know which tools and software to use? Here are the top three software and tools you need to run an e-commerce website.

Get a web shopping cart. An online shopping cart provides a way for your customers to checkout at your website. It shows your customers the list of items they have placed in their online “shopping cart” in order to purchase at a later time. Once they are ready to buy the products, the shopping cart software shows customers what they have ordered, the price of each item, and the final cost with tax and shipping. Using the online shopping cart, customers can checkout and pay for your products and/or services.

How do you purchase a shopping cart? There are many different types of shopping carts on the market. Talk to you web developer about which one is right for you. Or, to make things easier on yourself, you can use the shopping cart software provided by your merchant account provider. When you setup an account for processing credit cards online, you might even get the shopping cart software for free.

Buy payment processing software. In addition to a shopping cart, you will need to have online payment processing software in order to accept credit card payments over the internet. Advanced software should be able to accept most credit cards and debit cards on the web in real time. Make sure that the software is safe and secure for your customers.

Before purchasing payment processing software, make sure to find out if your merchant account provider offers this type of software. Many companies offer it for free if you open a merchant account.

Purchase an online credit card terminal. Similar to a traditional credit card terminal you would find in a brick-and-mortar shop, an online credit card terminal provides fast and easy manual processing of credit card orders.

Understanding What A High Risk Merchant Account Actually Is

Tue, 26 Feb 2013 17:03:28 +0000

The reality of getting set up with a merchant account is that it is going to largely depend on the industry in which you operate. The industry you operate within is going to dictate just how easy it is to get a merchant account provider to assist you. Once you have a merchant account provider nailed down, you are going to be able to accept credit card payments securely and with great ease, and your business is going to really benefit because of it.

High risk merchant accounts are merchant accounts that get set up for a business that operated in an industry that is considered higher risk due to fraud exposure. These industries include online casinos, adult services, adult products, tobacco product sales, and so on. These types of high risk industries are known to operate with a high volume of sales, but the fact of the matter is that with these businesses there is an inherently higher risk of fraud overall. High risk merchant accounts can be hard to establish without a merchant account provider that knows how to work within these industries.

Setting up a merchant account in a high risk industry can be made easier when you have a partner such as Solidtrustpay. Having a partner with experience such as Solidtrustpay.com can help educate you about the risks and get your business ready for expansion and growth. Accepting credit cards, no matter what industry you are in, can be made a reality with the help of Solid trust pay.

How to Send Money to India

Staff — Tue, 08 Jan 2013 23:00:24 +0000

When you live in the U.S., it can be extremely challenging and expensive to send money overseas to countries such as India. However, if you want to send money to friends or family members in India, there is still hope. There is a fast and easy way to send money to India without breaking the bank in the process. How? Through online Global Money Transfers offered by Solid Trust Pay, a leading provider of e-wallets, as well as personal and business accounts.

Sending money to India is easy with Solid Trust Pay. In order to send money through a global money transfer, you will first need to open a personal account with Solid Trust Pay. The good news is that opening an account with this company is free. All you need to do is complete a short online form; you will be pleased to know that most people get approved in minutes.

Once you’re approved for a personal account, you can take advantage of the many services through your account, including the global money transfer service. Use your new account to send money over the internet to your friends or family members in India without spending a dime on the transfer service. It’s not only easy and free, it’s also fast! Your friends and family won’t have to wait days or even hours to get the money they need.

Why stop in India? While you might have plans to send money to India, you can easily fund your account and send money to over 190 countries around the world using multiple currencies. Along with sending global money transfers, you can use your personal account with SolidTrustPay to shop online through a safe and secure account.