пятница, 27 августа 2010 г.

What's in Bill Me Later?

It's really hard to imagine how many people turn to the financial services. Different types of financial services, starting from currency exchange operations and finishing up with significant bank operations, transactions, savings and deposits operations, money transfer and so on are really popular with people. This list can be actually continued endlessly. Consequently, people turn to  such instances in order to satisfy all the needs, as sometimes without these kind of help we really feel like without hands (just like without a cell phone left on mistake at home, right?). It's really difficult to imagine how the money operations would have been carried out without the banks help and assistance.
Similarly, as it was said before, the services of the banks are also differ upon many factors. Some companies are engaged in only money transfers (or not only, but mainly, for example, MoneyGram), some of the banks specialize in customer advice services etc. And sometimes, if we need a secure and good service from the bank, we can actually face a lot of problems, as you know that there are many frauds and scams directly influencing you if you share the information about your credit cards.
Bill Me Later, The Shopping Express Lane, and its services in particular, are a bit different from those options presented by the majority of such web-sites. So, how this difference is realized? First of all, let's consider the history of the company itself. Bill Me Later is the company formerly owned by I4Commerce which, in August, 2007, changed its name for Bill Me Later (http://bill-me-later.pissedconsumer.com/). Bill Me Later was founded in 2000 and then acquired by eBay Inc. in 2008. Bill Me Later is a company co-operating with Jewelry Television, JetBlue Airwaves, USPS, Wal-Mart etc.The company offers credits via CIT Bank and one of the specialities of it are purchases which are made online without using a credit card. In 2008 the company  was popular for a great aquisition and replenishment with PayPal, a subsidiary of eBay. The services of Bill Me Later are the following: the client, by submission of four last digits of the social security number and the date of birth has a chance to pay the bill later which can be e-mailed either submitted online. Besides, by co-operation via USPS the customers have a chance for leading their Bill Me Later Business. What does it stand for? Bill Me Later Business is the service granted to the customers who are actually business owners and enterpreneurs and who want to get hold of the use of their equivalent for the corporate card in order to buy the products online.
When using Bill Me Later, the person has a chance not to divulge its private credit card number and to buy in more than 1000 stores online (inlcuding ordering with usage of phone). With Bill Me Later you can also get some discounts on the production like FTD.com - 20% off, Dunham's sports - 15% off, Sports Authority - 15% off etc.
Recently Paypal, the eBay parent, alongside with its possession of Bill Me Later, have announced the results for their revenues: it was about $809,3 $ million for the quarter, with annual increase of 26%. Net chargeoffs of Bill Me Later composed 9,49%. 
Money transfer is a really sensitive issue,especially when it's made online. Consumers have to cope with numerous frauds when choosing the particular company. Similarly, Bill Me Later has a line of cases with lawsuits. One of such lawsuits took place in California. Kyle Soyer, one of the customers, sued for Bill Me Later company for using a mediator to evade from the law credit penalties prohibition.

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