E-Money
By JasperTore
@JasperTore (1275)
Philippines
January 30, 2018 12:24am CST
Nowadays, people are using online platform to buy and sell items. The trend of shopping is shifting from the traditional to the new way, which is the online shopping. In parallel to this, E-Money has been established also. This will serve as the currency to pay for products and services purchased online. Me, as a millennial is also shifting to this new way of shopping. I have to open an account to sites where I can deposit money to be converted to E-Money. It is pretty convenient and hassle free. Items can be bought instantly and does not have to queue in line at the cashier.
Have you guys tried using E-Money to buy products online? Where else do you use your E-Money?
7 people like this
6 responses
@peachpurple (13884)
• Malaysia
30 Jan 18
is it putting your money online like paypal?
4 people like this
@JasperTore (1275)
• Philippines
30 Jan 18
Yes, that is one of the best example. Here in Philippines, we have PayMaya and Coins.ph.
2 people like this
@peachpurple (13884)
• Malaysia
2 Feb 18
@JasperTore I heard that payoneer is popular
1 person likes this
@JasperTore (1275)
• Philippines
9 Feb 18
@peachpurple Payoneer is not popular in our country. Perhaps in US and other countries. What do you use by the way?
@louievill (28851)
• Philippines
30 Jan 18
How does it's feature and services compare with paypal?
3 people like this
@JasperTore (1275)
• Philippines
30 Jan 18
E-Money means electronic money. So paypal is one of the examples of E-Money. It is also not limited to paypal. We have in Philippines PayMaya and Coins.ph for example.
2 people like this
@JasperTore (1275)
• Philippines
30 Jan 18
@louievill My bad. My post is quite not clear since you where misled. Sorry for this.
2 people like this
@louievill (28851)
• Philippines
30 Jan 18
@JasperTore oh I see, thought it was another new online payment processor
2 people like this
@wongchoiyee (7413)
• Malaysia
30 Jan 18
I don't think I will shop online because I like to experience shopping in a complex and relax.
2 people like this
@wongchoiyee (7413)
• Malaysia
30 Jan 18
@JasperTore yes I like to check it before buying it. Online shopping is also good because less hassle.
1 person likes this
@JasperTore (1275)
• Philippines
30 Jan 18
@wongchoiyee Online shopping can be good for goods which don't need checking physically. Clothes should be bought in stores and not online since you have to fit first to check that you can wear it comfortably.
@JasperTore (1275)
• Philippines
30 Jan 18
Well we have our own preference and some like to physically check the goods before they buy it. Some are just lazy enough to go to the malls so they prefer to buy goods online and be delivered after.
1 person likes this
@toniganzon (72279)
• Philippines
30 Jan 18
No I haven't. I usually online bank transfer for trusted Instagram sellers. For websites, I use the COD form of payment.
1 person likes this
@JasperTore (1275)
• Philippines
30 Jan 18
I see. I think it depends on the buyer on what to use as mode of payment.
@oahuwriter (26778)
• United States
30 Jan 18
Hmm, something to think of...I already got paypal where money is deposited to my paypal debit card. It's just like a online debit card to have money deposited, in their site and for you to use. Hmm, I like better to spend and pay. Brain doesn't work the other way pay and then buy. Like a prepaid credit card where you deposit your money into the card and use it like a debit card. Well, it is "a" way of the future. I like debit cards that banks give you and deposit money in the bank. I feel safer with bank deposits and then use debit card for now.
@JasperTore (1275)
• Philippines
30 Jan 18
Well debit card is one example also for this e-money. The bank will give you same amount of money online for what you currently deposited in your bank account.
