Tuesday, December 20, 2011
Sunday, November 6, 2011
Comparison between the most famous online payment in Malaysia - Part 1
I have done my own research on 5th November 2011 on the comparison between iPay88, NBePay and PayPal for the benefits of E-Commerce merchants as reference when they want to choose online payment for their online store. iPay88 has 2 gateways: (1) MYR Gateway and (2) Multi-Currency Gateway. For iPay88 MYR Gateway, it divided into 2 subscription plans - SME Plan and SOHO Plan. For NBePay provided by Netbuilder, has 2 plans too which are Premium and Lite. PayPal does not has any plan, just offer an universal service contain all features available. Here is the first part of the comparison:
More of this kind education is required in the country
Suprise that received the following SMS yesterday and feel glad that finally the local authority is doing something to educate the public. We need more education in the country to fight against the scam or fraud and will build the healthy E-Commerce in Malaysia.
From: DiGi
Sent: Nov 5, 2011 09:01
Subject: RM0.
RM0. Bank Negara Malaysia: Beware of financial scams. Do not respond to requests for financial info or money transfers via unexpected calls, sms or emails.
Monday, October 31, 2011
Please don't abuse the Internet
Recently, Chinese policemen found the syndicate using Internet video site for drug trafficking. Through the video network, the suspects performing drug usage, exchange feeling after drug and even can trade online. This proves the power of Internet but is being abused for criminal cases which will upset the users especially who are working to improve the Internet.
How can we prevent people to abuse the Internet? Do we need more cyber police or more Internet experts help to control? Will the advance of the Internet speed up the end of the world?
Will number of blogs surpass number of websites?
Technocrati estimated there were 215 million websites registered globally while registered blogs were 152 million in year 2010. Also, reported that 80 percent of existing blogs are written by hobbyists and self-employed bloggers. I foresee number of blogs will be increased to 200 million this year.
Btw, am I considered as hobbyists or self-employed blogger? Or may be I am one of the minorities.
Wednesday, October 26, 2011
Real Internet Business or Scam?
Recently found few websites promoting a new type of Internet business which can help you to generate fantastic income, makes you earn up to RM500 per day. Of course the only response from me to this is "WOW". This type of business looks fishy to me and let me post-mortem it.
First, the site owner (or called as the “SPONSOR”) will ask you to invest RM50 (paying into his / her bank account) so that allow you to use his / her name as well as bank account for transaction. The question here is why need to use SPONSOR bank account for transaction? If SPONSOR run away, who can guarantee? Assume SPONSOR not runaway with your RM50. If do, RM50 just a small amount to you but big amount if he / she manages to convince 1,000 investors (=RM50,000).
As an investor, your role just send at least one email a day which can make you earn RM50 day and if you send 10 then can earn RM500 a day. My question again, what kind of email to be sent can cost RM50? Even big advertiser also not willing to pay for RM50 per email sent in their email marketing campaign (typically may charge not more RM2.00 per email). Asking to send phishing email? Phising is a way of attempting to acquire information such as usernames, passwords and credit card details by masquerading as a trustworthy entity in an electronic communication. This is considered as cyber crime, please take note! I always trust nothing is FREE in the world.
If this can make you become millionaire, why the SPONSOR need to share this and why not he / she just do it and make $ for themselves? This model seem like money game run on member get member scheme. I suspect the business model run as follow:
Once you paid RM50 to the SPONSOR, you will become the SPONSOR and started to get people to pay you RM50 to join this program that’s why you can earn RM50 per email invitation. The more people that you invited to join you and pay you the RM50, the more you earn. This how it work!
Either is legal or illegal, halal or non-halal, the decision is on you…
Tuesday, October 25, 2011
54% of Malaysian Internet Users Purchase Online
One of the leading survey companies, Nielson reported that 54 percent of the respondents participated in its latest online consumer survey found purchase products or services from online shops. Also suprise that 94% of Malaysian Internet users use social networking sites as their shopping guideline. This show how powerful of social networking sites to influence the consumers.
The result of the survey also shows that majority (68%) use Internet as their communication tool, followed by 66 percent for learning, 63 percent for information collection and 51 percent for entertainment.
The usage of smart phone and mobile internet devices (i.e. iPad, Samsung Galaxy Tab) is increasing in the country. The smart phone users is expected to be doubled to 89% within a year from now and tablet users is expected to grow from 18% to 75% in the middle of next year. it shows that these two types of device has become a necssity especially for people always travel and wanted to keep communication alive with their friends, colleagues, customers or suppliers all the time.
Total of 1321 Internet users participated in the said survey.
Monday, October 24, 2011
How much do you know about E-Commerce
According to Wikipedia, Electronic commerce or E-Commerce is defined as buying and selling of products or services over electronic systems such as the Internet and other computer networks. For me, I just rather to say E-Commerce is a business whereby the entrepreneur is selling products or services over the Internet, typically thru a website which commonly known as online store. There are 3 major types of E-Commerce:
- Business to business (B2B)
- Business to consumer (B2C)
- Consumer to consumer (C2C)
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