Preview

Fabula Finance Case Study

Good Essays
Open Document
Open Document
753 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fabula Finance Case Study
The Fabula Finance Company focuses on processing merchant accounts applications in the following segments:
1) opening merchant accounts in Payment Service Provider and Electronic Money Issue systems;
2) opening merchant accounts for retailers;
The first variant is more preferable for the clients with large sales volumes since processing the payments via such systems as Payment Service Provider or Electronic Money Issue suggests lower fees. Besides, as soon as you become the consumer of these services, you obtain a possibility to join Visa and MasterCard payment systems on exclusive service terms.
The following business directions impose getting a merchant account:
- Forex and binary options;
- Gambling;
- Dating&Adult;
- IT-support and
…show more content…
Besides, the connection to SWIFT service decreases significantly the cost of payment transactions leading to your profit increasing.
Please contact us for further details.
***
The Electronic Money Issue (EMI) is one of the modern payment systems covering the European Union area. It differs from the Payment Service Provider by the legal ability to emit its own e-money. The Electronic Money Issue has a widest array of payment options that allow each client to start its own e-money business. More than three years, the Fabula Finance has focuses on registering and selling the ready-to-use Electronic Money Issue accounts, what have led to accumulating a huge experience in obtaining an electronic money licenses.
The Electronic Money Issue has a right to process payments both for individuals, and legal entities.
The Electronic Money Issue provides its clients a possibility to accept cryptocurrencies, for instance Bitcoin.
The Electronic Money Issue has rights to:
- open accounts for individuals and legal
…show more content…
***
The majority of our clients that purchase our accounts and are going to carry out the business in retail banking segment show interest towards issue of their own branded Visa and MasterCard bank cards in order their clients could withdraw money flawlessly in cash machines all over the world and ring up their purchases at the cashier stands in the shops.
The availability of private-branded bank cards increases the number of clients and enlarges their loyalty towards you payment methods.
The Fabula Finance cooperates with several European Union banks in this direction and can offer each client an individual solution that will meet his or her requirements and goals. Feel free to contact us for getting a free consultation according this issue.
***
The Fabula Finance opens bank accounts for licenses payment systems, legal entities and individuals either on the territory of the Czech Republic and other states of European Union. We deal with loyal and clients-friendly banks only for registering bank accounts and choose individual solutions that meet your

You May Also Find These Documents Helpful

  • Good Essays

    Week 7 Checkpoint It 205

    • 694 Words
    • 3 Pages

    Many of us have become accustomed to electronic payment systems. These systems will continue to increase as businesses and banks present more opportunities to use them.…

    • 694 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Visa Case Study

    • 3035 Words
    • 13 Pages

    to extend the value of electronic payments so that more people can use Visa in more…

    • 3035 Words
    • 13 Pages
    Good Essays
  • Powerful Essays

    Electronic Funds Transfer

    • 1795 Words
    • 8 Pages

    Conventional Vs Electronic Payment System To get into the depth of electronic payment process, it is better to understand the processing of conventional or traditional payment system. A conventional process of payment and settlement involves a buyer-to-seller transfer of cash or payment information (i.e. cheque and credit cards). The actual settlement of payment takes place in the financial processing network. A cash payment requires a buyer’s withdrawal from his/ her bank account, a transfer of cash to the seller, and the seller’s deposit of payment to his/her account. Non-cash payment mechanism are settled by adjusting i.e. crediting and debiting the appropriate accounts between banks based on payment information conveyed via cheque or credit cards.…

    • 1795 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    E-payment is a subset of an e-commerce transaction to include electronic payment for buying and selling goods or services offered through the internet. Generally we think of electronic payments as referring to online transactions on the internet, there are actually many forms of electronic payments. As technology is developing, the range of devices and processes to transact electronically continues to increase while the percentage of cash and check transactions continues to decrease. In the US, for example, checks have declined from 85% of non-cash payments in 1979 to 59% in 2002, and electronic payments have grown to 41%. The internet has the potential to become the most active trade intermediary within a decade. Also, internet shopping may revolutionize retailing by allowing consumers to sit in their homes and buy an enormous variety of products and services from all over the worlds. Many businesses and consumers are still wary of conducting extensive business electronically.…

    • 786 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Humphreys, D., Kim, M. and Vale, B. (2001), “Realizing the gains from electronic payments: costs,pricing, and payment choice”, Journal of Money, Credit, and Banking, Vol. 33 No. 2,pp. 216-34.…

    • 5286 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Diary Od Internship

    • 2796 Words
    • 12 Pages

    My first day at work, on practice, to be more accurate, was mainly about getting familiar with the staff I will be working with. When I first got contacted from the UniCredit bank, I was told to go to business office of this bank that was located in street Zelenih beretki 24, and to talk with the person that was in charge of this business office, Mrs. Suzana Krajina Jusupović. I spoke with her, and she immediately introduced me to the staff, first with the people that have been working in section Payment operations, and then with other staff. People from the Payment operations section were my co-workers for that week. I taught were highly of these people, because I could see how much business are they doing. Monday was usually a day when a lot of business was done, since people accumulated their bills and obligations on weekends. I used this day to see how are the things done, since they gave me no responsibilities.…

    • 2796 Words
    • 12 Pages
    Good Essays
  • Good Essays

    E-Cash Payment

    • 302 Words
    • 2 Pages

    The type of electronic payment system focused on in this paper is electronic cash. As the name implies, electronic cash is an attempt to construct an electronic payment system modeled after our paper cash system. Paper cash has such features as being: portable (easily carried), recognizable (as legal tender) hence readily acceptable, transferable (without involvement of the financial network), untraceable (no record of where money is spent), anonymous (no record of who spent the money) and has the ability to make "change." The designers of electronic cash focused on preserving the features of intractability and anonymity. Thus, electronic cash is defined to be an electronic payment system…

    • 302 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    With the technological advancements in the banking system, nowadays people are presented with numerous ways of paying for purchases. It is often said that electronically operated banking cards will displace the use of paper money and coins. However, I don’t believe that modern payment methods will take over completely from traditional banknotes and coins..…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    An organization, usually a corporation, chartered by a state or federal government, which does most or all of the following: receives demand deposits and time deposits, honors instruments drawn on them, and pays interest on them; discounts notes, makes loans, and invests in securities; collects checks,drafts, and notes; certifies depositor's checks; and issues drafts and cashier's checks.…

    • 2033 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Electronic banking is the use of electronic means to transfer funds directly from one account to…

    • 5553 Words
    • 39 Pages
    Satisfactory Essays
  • Satisfactory Essays

    E-money, or electronic money, is money that you exchange electronically, as opposed to actual currency notes or coins. Generally, you conduct e-money or e-currency transactions over the Internet, or with smart cards that are linked to a bank account. More and more people are also using mobile phones to make such transactions.…

    • 384 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Payment Method – The way that a buyer chooses to compensate the seller of a good or service that is also acceptable to the seller. Typical payment methods used in a modern business context include cash, check, credit or debit card, money orders, bank tansfers and online payment services such as PayPal™.…

    • 741 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Automata Theory

    • 3512 Words
    • 15 Pages

    – The customer may pay the e-money or cancel the emoney at any time. – The store may ship goods and redeem the electronic money with the bank. – The bank may transfer any redeemed money to a different party, say the store.…

    • 3512 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Electronic Fund Transfers

    • 826 Words
    • 3 Pages

    The main advantage of an electronic funds transfer is time. Since all the transaction is done…

    • 826 Words
    • 3 Pages
    Good Essays
  • Good Essays

    New Technologies in Banking

    • 4428 Words
    • 18 Pages

    Payments are transfers of wealth from one party to another and those transfers usually occur in the case of an exchange of goods or services. In order for the exchange to be completed, payments are transferred using multiple channels such as in cash, by checks, electronically using debit or credit cards, bank transfers etc. However, all these channels have their cons and pros affecting both the merchants or institutions and consumers.…

    • 4428 Words
    • 18 Pages
    Good Essays