Are you one of the millions Americans who carry a balance on your credit cards? If so, your debt can cost you much than you bargained for. Americans have consumed indebtedness that exceeds $2 trillion dollars. About 40 % of all credit card users pay their bills in full every, which means that they need to pay along with interest every months. In this kind of situation, if you are one of the “revolvers”, that is, you carry a balance from month to month.

So that, what is the actual reason that let you receives this kind of credit debt in the end of each month? These are several reasons:
1. Reduced income or expenses: Too often we delay bringing expenses in order to a reduction in income for a mass of good reasons and let debt fill the gap. The sooner you adjust to your new reality, whether it be temporary or permanent, the better off you'll be.
2. Poor money management: A money spending plan is essential. Without planning you may spend hundreds of dollars unnecessarily each month and end of the month you may have to pay extra changes and expenses on your credit card services.
3. Underemployment: Some of the unemployed citizen may misuse the credit cards. They may treat the credit debts as their future income. Down the road if you increase your income due to more hours, a second job, or a better job, then is the time to start adding in some of the previous spending before you become underemployed.
4. Gambling: call it America's new entertainment or the Indian's revenge. Either way this is a guarantees exchange of money from you to “the house”. It can be addictive, hard to stop and loans are freely available. Gambling establishment may be the only place you can mortgage your house while intoxicates and have it be legal.
5. Saving too little or not at all: The simplest way to avoid unwanted debt is to prepare for unexpected expenditures by saving three to six months of living expensive.
6. Banking on a windfall: Spending tomorrow's money today is very tempting. A planned job bonus may not be a sure thing. The inheritance that you believe will come your way may not. The lesson is don't spend the money until the check clears.
7. Financial illiteracy: Many people don't understand how money works and grows how to save and invest. You are responsible for your life and your money anyway. Financial mistake are increasingly expensive and complicated to resolve. Get educated and get in control.

There are a number of things you can do to prevent getting taken to the cleaners.

1. Restrict your use of credit. Cut up your credit cards. Stop using them whenever possible.
2. If you keep a card or two, pay them off full every month. Never carry a balance.
3. Set up a savings account for the unexpected.
4. Set up another account for semi-major repairs and expensive. Use that account to replace the washer, reroof the house and so on.
5. Set a budget and work on your self-discipline. Budgets need to be realistic to work, but they don't necessarily have to be hideously painful.
6. Pay cash for transient events like dining, entertainment, and travel. Charge that vacation and you'll be paying for it for a long, long time.

Mobile phones are being used for phone calling, internet surfing, instant messaging, music playing, appointment scheduling, game playing, emailing, time telling and math calculating all over the world. Mobile payment, also called mobile web payment or WAP billing, is the collection of money from a consumer through mobile device such as mobile phone, Personal Digital Assistant or other device. To use this mobile payment function the user entails electing to make a mobile payment, being connected to a server via the mobile device to perform authentication and authorization, and subsequently being presented with confirmation of the completed transaction. Mobile Money is designed to overcome the limitations created by cash, cheques and credit cards. This Mobile Money encourages more consumers to shop online.

For the first time in decades, a new payment form, the prepaid card, is making significant inroads into the UK payments infrastructure. Prepaid cards present our partners with a fresh new opportunity to serve existing customers, reach out to new market segments, and expand their brand recognition. Prepaid cards further the evolution of the card payment business from the pay later of credit and the pay now of debit, to the pay before of prepaid.Prepaid cards are easy for consumers to understand and use. The consumer determines the card spending limit by adding money directly to the account, and our cards can be re-loaded with additional money as needed via online, Post Office or PayPoint channels. Funds from a prepaid card can be accessed via ATM, PIN POS, and signature POS delivery channels. Prepaid offers tremendous flexibility, convenience, and spending control.

The most common prepaid cash card in Malaysia is Touch ‘n Go. Touch ‘n Go card is an electronic purse that can be used at all highways in Malaysia. Touch ‘n Go uses contact less smartcard technology. The card looks similar to a credit card. User can continue using the card as long as it is pre-loaded with electronic cash. User can reload the card at toll plazas, train stations, Automated Teller Machines, Cash Deposit Machines, Petrol kiosks and at authorized third party outlets.

Application of Prepaid Cash CardsThe prepaid cash card can be used in such several ways:-
1. Pay bill
2. Shopping
3. Get cash at ATMs
4. Transfer money
5. Pay for toll

As we all know, online is a common activity nowadays. It is useful, but do all of us know how safe actually we are using this facility? Nowadays, managing online security is becoming a big challenge due with the numerous use of Internet. We as user should aware that we are disclose from online threats that may attack your computer system, personal data and privacy without your consent.

Phishing attacks
There is a most popular threat called phishing which steal consumers' personal identity data and financial account credentials through fake websites. Customers should caution with some scams sent out e-mails and they will ask to log in the fake websites. This action may disclose information about their financial accounts and their private information such as username and password. Usually, phishing messages may attack their victims from eBay, PayPal, or other online-shopping websites.

Spyware attacks
Spyware is programming that secretly gather information about a user without authorization and dispatch it to other interested parties to earn profit from that. If you simply download software that never heard before without scan all files, that is easy for u to attack by such spyware. This threat is quite similar with phishing that both of them can steal user’s personal information, such as documents, passwords, credit card numbers and bank accounts. The different is only the different way they use.

Malicious attacks
The most common form of malicious code is computer virus. Virus is a computer program that can replicate itself and change our computer settings and slow our computer down without knowledge of the computer user. This virus can spread easily by sending over a network via internet or by carrying on a removable medium such as floppy disk, CD, USB drive. The most famous example is the ”I Love You” virus which is a simple and small piece of code attached to e-mail which cause e-mail servers to overload and business to shut down email.

Hacker attacks
Hacker is a computer program that tries to break into others’ computer systems and specialized in the discovery of exploits in systems or prevented unauthorized access to systems. Using public shared computers to carry out bank transactions can be easily become a victim of hacker. Past few years, hackers have worked together with organized crime to harvest the valuable data exposed on the Internet.

Actually there are many other online threats but above is the most well-known threats. It is the time to keep yourselves safe from these threats!!!

E-commerce use to conduct business transactions among buyers, sellers, and trading partners without human intervention by electronic Information Technology. Confessedly, E-commerce brings a lot of advantages in trading segment. Generally, an efficiency business’s objectives are to earning high profit with low cost. E-commerce can reduce cycle time, improve employees’ empowerment and facilitate customer supports that help company to reduce cost, increase productivity and obtain competitive advantages.

• Reduce cycle time

Cycle time is defined as the time it takes to provide a service from beginning through completion. Traditionally, time is wasted through queue, processing paper-based purchase order, transferring goods from contributor to seller and many other activities. Using E-commerce can eliminated such non-profitable activities and reduces cycle time. Moreover, E-commerce can use to eliminate intermediaries between sellers and buyers which are also known as disintermediation who not only increase cost of goods but also raise the time where the customers have to go through intermediate person. Overall, reduction of cycle time can decrease carrying costs and shrinkage costs, improve in cash flow and increase competitive advantage.

• Improve employees’ empowerment

  

Employees’ empowerment means giving employees responsibility and authority to make decisions for the company behave regarding all aspects of business transactions. Employees are company’s important assets. E-commerce can lead to employee empowerment by offering online training without taking leave and travel around, providing employees access to information through intranet and keeping good communication between company and employees. With this, company can enhance employees’ satisfaction by knowing they needs and thus increase their productivity. Training cost and cost use to solve employees’ problems can be reduced.

• Facilitate Customer Support

To be successful in business, customers are an important factor.E-commerce can provide excellent customer support system for company in order to attract more customers and retain current customers. The common tool in a company website is FAQ that help to answer customer question about company product or services. Other than that, some companies provide a special function to increase customer satisfaction such as allow their customer to design their own products to increase their customer satisfaction. Besides, shopping cart allows customers to track back the products that they selected and produce the order once. Today’s customers not only can frequently view the updated products through online, the order also can be placed faster in a few of minutes and the product required can be delivered faster on the hand of customer.

Recently, Kenneth H. Slade, Hale and Dorr LLP presented a talk which is discussed about the current state of e-commerce in the United States. In his talk he started to discuss the unduly large number of online users in the United States and Canada. From his talk, we had known that the e-commerce success stories were reviewed that include amazon.com, which is an online book, CD and video retailer, e-bay, which operates an online person-to-person exchange in an auction format, permitting trading of personal items, E-trade, which provides on-line investing service and Cisco System, which sells Internet routers, network switches and software which provides base-online order tracking and routing functionality.

There have, of course, been failures. IBM’s World Avenue Mall was probably launched too early, before online usage become sufficiently popular to justify IBM’s investment in that project. Merchants participating in the World Avenue Mall also complained that IBM did not adequately promote the project. IBM claims it learned another valuable lesson from the project—that IBM’s name alone is not sufficient to bring enough customers traffic to the site to make it success. MCI’s 1800 Music Now, which permitted both telephone and online ordering of CD’s, shut down in December 1996, only year after it was launched. That failure was attributed in the force down to a variety of factors, including:

1. Weakness in the music industry that year, leading to deep discounting by retailer.

2. The site was not easy to use and that time consumer look like more prefer the traditional way for ordering product which is the way touch and see the product.

3. Compared once again to traditional stores, its prices were relatively high.

The Market for E-commerce According to International Data Corp. (IDC), the first records of a company letting people buy things off the computer is present as early as 1992 in the form of CompuServe, which may not have offered a great boost to international trade, import/export or global sourcing but it did provide a humble basis for future development in the arena. The year of 1995 cannot be forgotten as it marked the beginning of two giants of Amazon and Ebay which do not need any introduction these days have certainly contributed in their own ways to international trade, import/export and global sourcing. The worldwide market for Internet-related services is expected to explode - from $4.5 billion in 1997 to $43.6 billion by 2002. The main impetus for this trend is the rush to implement e-commerce Web sites. Often, the term electronic data interchange (EDI) is used inappropriately as a synonym for e-commerce. In fact, EDI is only one aspect of e-commerce; e-commerce comprises other elements, including electronic faxes, e-mail, and e-forms. E-commerce has become a critical business component for many businesses. The earliest available records or e-commerce are available as early as 1984 when then the electronic data interchange was invented, which helped companies to carry out their dealings in a much more reliable manner than before in terms of international trade, import/export and global sourcing. B2C (Business to Consumer) models have been tried and tested during the first generation of E-commerce boom, but the newer trends are toward B2B (Business to Business) and Click-and-Mortar models. B2B provides advantages of close integration and communication with partners and suppliers, Click-and-Mortar provide takes advantage of offline and online channels being established in physical store locations but at the same time offering online commerce convenience. Companies have quickly realized that E-commerce sites are more than digital storefronts that display products and allow customers to place an order. Business processes should extend to the back-end with systems in place to optimize the company’s supply chain and distribution system. A holistic approach will offer the company insights on creating maximum efficiencies to support all business processes. E-commerce business models are more than technology solutions. Success in the e-marketplace will depend on companies being able to respond to needs of the ever-changing marketplace and forming partnerships, alliances, and collaborations with others to deliver value that may not have been possible with individual efforts. The ability to innovate, change, recover from setbacks will be hallmarks of success in this competitive arena. Generic models of B2C commerce are outdated and newer efforts are needed to leverage the untapped potential offered in the digital medium. There is a discerning shortage of personnel with the right mix of technology and managerial competencies. With continuing education and real-world experience that reflects trends in current marketplace, today’s IT professionals should grab hold of opportunities that are available in the dynamic E-commerce field and position themselves to be leaders of the next generation E-commerce that is constantly creating rapid transformation in Internet time.

My name is Mei Thing, a student study at University Tunku Abdul Rahman. And course on bachelors of commerce accounting from tutorial group7. My hobbies are exploring internet, chatting with friend, shopping and watching movies. E-commerce is one of the subject include my syllabus in this semester. I am very interest to this subject because before of this I have been experience buying something through online system. Beside that, I am also enjoying on online pay bill or transfer money because it is easy and times saving. Usually the most common websites I visit are Google, Yahoo, Friendster, WBLE, and UTAR website. The Google and Yahoo websites are very good search engine for me to searching any accurate information within very shorter time. Thus, it can help to improve my performance to be more efficiency and less times consuming. Friendster is a much popular website to many people. Because from this website can obtain our friends recent information and photos. We also can send the blessing messages to them. This is an easy and convenient way to maintain our friend relationship. Finally WBLE and UTAR websites both are concern about my university websites. From this two websites are very useful for me get the school announcement, timetable , examination result, subject unit plan, tutorial questions and any relevant information important for us the lecturer will post on the WBLE.

I’m Ying Hui, 20 years old. My date of birth is 20 Dec 1987. I come from Negeri Sembilan. When I was at secondary school, my friend called my nickname as penguin because they said my walking style similar with that animal. That nickname follow me until I finish my secondary school and actually I like that name because penguin quite cute!!! I have many hobbies, such as reading novels, watching movies, chatting with my friends and etc. If I have extra money I think I prefer to go shopping rather than activities mentioned above. I like to try things that new to me such as foods, drinks and any other things. The top 5 websites that I visited the most are http://www.google.com.my/ and http://www.wikipedia.org/ to search data and information; http://www.utar.edu.my/ to access UTAR intranet for latest announcement; explore for something new and interested in http://www.chinese.cari.my/; and sometimes I will log in to http://www.friendster.com/ to contact my secondary schoolmates as we have never seen each other after graduate last 3 years. Usually, I like to search information from google and wikipedia as there are sufficient sources from this two search engines. Besides, I can spot any interested things and events that exist within the world via the Cari forum. The ebuddy website, http://www.ebuddy.com/ consist many functions such as blogging, chatting and searching, so it is my favorite website too. My 5 top internet activities are such as searching information for study purpose, listening to broadcasting station via the internet, reading news from newspaper published websites, chatting with my friends and uploading information for sharing purpose. I like to sit in front of my computer for hours just clicking here and there...

My name is Tai Sin Nee and my friends called me Sin Nee. I’m 21 years old since my birthday is on 19 Feb 1987. My hometown is Kluang and I’m staying in Sungai Long now to further my studies. I like to listening music no matter how busy I am. When I am free I prefer sleeping, sometimes I will watching movies too. I like to go to cinema for movie too; it is really enjoyable for me when I can concentrate for the whole movie with air-conditioned and a big pop-corn. I like to search information through http://www.google.com/ and http://www.yahoo.com/ as this two search engines is useful and contain many information. I always explore http://www.utar.edu.my/ to get into UTAR intranet to obtain any new announcement related to my studies. Other than that, I like to watch movie in http://www.xunlei.com/ and even download from this websites. I will never forget to check my mail in my mailbox through http://www.hotmail.com/. Sometimes, I will send message to my friends in the friendster to keep in touch with them. Most of the youth own friendster and I am not excepted. My common internet activities are such as searching information, listening to music, watching movies, chatting with friends and downloading shared data from internet.