Receiving money was never so easier. Safe money transfer companies like pay pal, money bookers have helped millions of online merchants to receive the money in seconds even before the goods or service is delivered. People from across the world can receive money with matter of seconds unlike earlier when even small amount of less than $1000 used to take minimum 2 working days. Today 65% of business is conducted on internet globally. Cash, check and drafts are things of past and stands as outdated form of money transfer methods.

You can receive money in your own credit card which is normally linked to your account. Linking credit card to your account authenticates your identity, which helps in minimizing cases of frauds. In order to receive money in Electronic format you need to open account in Pay pal, E-gold, Xoom or Money bookers. Once you have a valid account with these companies you can receive money in matter of seconds from your friend, associate, relative, or parents. Receive money with your Valid email Account

Electronic money transfer method is clean and safe money transfer option which the world prefers.

If you wish to sell your products or services online than you can open a merchant account. Normally a merchant account is issued by bank so that one can accept credit and debit card like Amex, Master card, Visa power card, and discover. You can receive money in which will be directly debited to your account at the end of each day. For new merchants this can be quite expensive as the transaction fees can eat up most of your profit.

Account Application Fee: $75 to $300
Per Transaction Fee: 1.9% + .55 cents of each sale
Recurring Monthly Gateway Fee: $30
Recurring Monthly Statement Fee: $30
Minimum Monthly balance Charge: $50

These fees are extremely uneven and are established by your sales record, level and account creation date.