Most people these days are finding it hard to stretch the little amount they get from their payday salaries especially when there’s a need for emergency. But, you only need to have a few clicks through your mouse to be able to avail of a payday loan or most commonly known as cash advance. There are lots of payday loans online provider these days that offers to provide you with the most convenient and one of a kind service. it will only take you few minutes away from the real cash you are expecting to have since the wonders of internet is really widespread these days.

Cash loan till payday is really convenient and worry free. There are websites today that can be trusted. One of these sites is cashadvancelliance.com, they are highly acknowledged by lots of people these days because they don’t sell or use any important personal information of their clients. Payday loans are very suitable to those who needs extra cash even before the payday come.

Once your loan is granted, it will be transferred to your account right away. You only need few easy steps to accomplish the task. You don’t need a much longer time period to wait for your loan to be granted. This type of loan will be readily available upon approval. Payday loans can be the best deals for people in need. You will surely find it easier and more convenient to avail for one, especially if you are on a tight budget.

Bullion silver round is another name for the popular silver coins. The term round is being used because the silver is round in shape and was stacked in a roll. This characteristic made silver coin very easy to handle and ship. They are also referred to as silver art because of the inscribed variety of religious, commemorative, animals, and celebrity designs. You can purchase a silver round in different sizes ranging from an ounce to over a hundred ounces. The most popular variety is the one ounce silver round. Each silver coin contains one ounce of pure silver inside. It has a pure silver content of .999.

You might find a generic and branded silver bullion rounds. The most popular branded names for silver round are A-Marked Precious Metals and Sunshine Minting. These branded silver rounds display a hallmark logo of the mint that made them. While a generic silver rounds is manufactured by small firms. A silver round may also be a generic one if it is made by a company that is not in the business. They generally have smaller marked than the branded one.

One of the most sought after silver round coin by most coin enthusiast is the Engelhard Silver Prospectors. It has been minted by Engelhard but was not produces since 1988 until now. This silver round is very hard to find, it is the rarest silver round and it can only purchased on secondary markets. Buy gold coins in a reputable company to ensure it authenticity.

Credit was first used in Assyria, Babylon and Egypt 3000 years ago. The bill of exchange – the forerunner of banknotes – was established in the 14th century. Debts were settled by one-third cash and two-thirds bill of exchange. Paper money followed only in the 17th century.

The first advertisement for credit was placed in 1730 by Christopher Thornton, who offered furniture that could be paid off weekly.

From the 18th century until the early part of the 20th, tallymen sold clothes in return for small weekly payments. They were called “tallymen” because they kept a record or tally of what people had bought on a wooden stick. One side of the stick was marked with notches to represent the amount of debt and the other side was a record of payments. In the 1920s, a shopper’s plate – a “buy now and pay later” system – was introduced in the USA. It could only be used in the shops which issued it.

In 1950, Diners Club and American Express launched their charge cards in the USA, the first “plastic money”. In 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New York. But it was only until the establishment of standards for the magnetic strip in 1970 that the credit card became part of the information age.

Credit cards were first promoted to traveling salesmen (more common in that era) for use on the road.

By the early 1960s, more companies offered credit cards, advertising them as a time-saving device rather than a form of credit. American Express and MasterCard became huge successes overnight.

By the mid-’70s, the US Congress begin regulating the credit card industry by banning such practices as the mass mailing of active credit cards to those who had not requested them.

However, not all regulations have been as consumer friendly. In 1996, the US Supreme Court in Smiley vs. Citibank lifted restrictions on the amount of late penalty fees a credit card company could charge.

Deregulation has also allowed very high interest rates to be charged

The first use of magnetic stripes on cards was in the early 1960′s, when the London Transit Authority installed a magnetic stripe system.

San Francisco Bay Area Rapid Transit installed a paper based ticket the same size as the credit cards in the late 1960′s.

The word credit comes from Latin, meaning “trust”.

Cheques (checks) came into use in 1875.

In Bangladesh, the first credit card facility was started by ANZ Grindlay’s Bank.

As time demanded, all most all the private banks introduced credit cards in the market, some of them, are, Duch-Bangla Bank, Brac Bank, UCB and the very recently IFIC Bank launched its credit card with a tagline developed by its advertising agency ‘Get it hot’ at the lowest interest rate among the competitors.

ELECTRONIC payment industry is stepping into maturity in Bangladesh. Banks are now more focused on investing in card business either in the form of debit card and/or credit card; independent processing or
processing though third party. In whatever way it is, business is growing with a positive trend.

It is expected that within next two to three years, Bangladesh will experience a 100% growth in card industry especially in debit card. More banks are becoming on-line and started issuing debit card. On the other hand, lifting of AIT from credit card bill will augment card usage. But return from this high profile business does not show expected results as of now. It always remains blurred to most of the local banks how to ensure substantial profit from card business.

There are a number of ways to look at profitability in the card business and each in turn may be the most
relevant depending on the purpose of the financial analysis. The following is a list of ways which one may consider the economics of card business.

Transactional level: Banks must focus on profitability per transaction. This approach is useful when considering how to encourage certain types of customer behavior, including the role of loss-making transactions, play in the overall mix.

Card level: Bank needs to focus on profitability per card. This is key to customer segmentation. We need to define our profit maximization strategies basing on per card profitability. In turn, this will serve to identify the most customer profitable behavior and also will help in the customer servicing strategy.

Customer level: (a) new customer – we need to assess the cost of acquisition of any new customer to determine whether such acquisition is likely to be a profitable. We also need to identify what is his potential, his risk profile and his likely behaviour; (b) existing customer – we need to assess whether we have profitable customer relationship with any given customer. For example, are insurance and non-card lending opportunities being maximised? What are the prospects when considering all cross-selling opportunities for other bank products?

Segment level: Considering size and margin of any particular segment we focus, is this a profitable segment. What are the comparative returns opposite other segments, to what extent should this be a focus and what are the opportunities for profit improvement?

Product Level: We need to assess whether the products we have ensure substantial profit for us.
Considering size and margin, to what extent should this be a focus, how well does it suit the current market and is it necessary to change anything to improve product profit performance? We need to identify how
we can best balance the product mix?

Portfolio level: What are the current and prospective economics of our portfolio? It is worth acquiring and at what price, what synergies can one extract, how can one use it to drive premium revenues and margins, what other cross selling and profit improvement opportunities exist, what data, technology, management or other intellectual capital will one acquire and what value should one place on that?

Country P & L level: what are the prospects for the country? What are the fixed and variable elements of the economic structure and so to what extent should one be investing in scale or focusing on marginal contribution through cost revenue re engineering? What is the sum of the above opportunities for this market?

Business Unit level: We need to identify how ROA and ROE stand up against industry and market best in
class. What mode we have chosen – growth or profit harvesting mode? What role does card play in overall strategy of the financial institution and what key measures of performance should one be setting?

Most often more than one method will be used. All these particular dissections will feed into strategic and tactical decision making. They should naturally weave themselves into the planning and decision making
processes of the business.

Once we have exercised the above, turning to the key elements of card business strategy can then determine successful and profitable businesses. It is suggested by world leaders in card industry that to make a highly profitable card business each bank must have the following characteristics:

• Economies of scale and scope
• Strategic market positioning
• Customer loyalty
• Customer service orientation
• Operational efficiency
• Continuous business redesign

There are particular challenges to exploiting these characteristics in the financial card business in Bangladesh and besides, how well these characteristics are adopted and performed in each bank that is most
important.

Some points to remember while writing a cheque:
Don’t let any one rush you in writing the cheque. Make sure the cheque is properly dated, and bears the current signature that you have recorded with the bank. Make the cheque crossed or account payee for definite receipt by the beneficiary. Always fill up the counter-foil of cheques for future reference and cross-checking with the statement of accounts.

Some points to remember while accepting a cheque:
Avoid cheques bearing signs of alteration, difference in amount and figure. Ensure that the signature matches with any ID the issuer is holding. Avoid bearer cheques, cheques not drawn on local banks by local payees, counter cheques-in other words cheques on which the name of the drawee and account number is not printed. Always avoid post-dated cheques.

Points to consult your bank representative or relationship manager for the better deals:
Ensure that you are availing the right products available at the bank. Find out if you are entitled to waiver on any service charges. Being a loyal, longstanding customer you may be entitled to a lower interest rate on loans or credit card. Therefore, it would be prudent to raise these queries with your Bank official.

Are all banks charging the same rate of service charge?
Not all banks are charging service fees at the same rate. It would be wise to take out your statements for the last year or so and add up the fees and penalties you paid for monthly account maintenance, ATMs, bounced checks, etc. Now compare your bank with three or four other banks. You may discover that you could earn or save by using another bank. Or, you may find that your own bank still offers a good value and that it is willing to make compromises to retain you as a customer.

How can you simplify banking?
You can simplify your life by making your bank (if the facility exist) automatically arrange some of your regular payments, such as your mortgage, health insurance premiums and utility bills. It can be an easy, economical alternative to writing and depositing a lot of checks each month.