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