Friday, June 27, 2008

Electronic Currency : PayLoadz



PayLoadz gives opportunity for users to sell and buy their products on the internet effectively. The system works in conjunction with PayPal or Google Checkout to provide the users to sell a digital product the platform to do so. It is especially useful to merchants wanting to sell their goods to customers right from their own web site or in online auctions. Any electronic product that can be downloaded can be marketed at PayLoadz. This includes video, audio, eBooks and software. No special programming or server requirements needed - just cut and paste the HTML code that is provided.

The way PayLoadz works is like this. When the buyer click on the product they like on the internet. After that a window will prompt out asking for the user's PayPal or Google Checkout Username and Password. If they do not have an account, they will be given the opportunity to create one or to check out without creating an account using a credit card or bank account as their funding source.After the payment process successfully made, the PayPal or Google Checkout server communicates with the PayLoadz server and provides the transaction details to the system. After that, an email which contains custom “thank you” text that the users specify during the product creation process, and a link for users to download their product. Or they are redirected to the download page, immediately after payment, that provides them instant access to the purchase. After the whole process is done, the users will receive a notification of payment through the mail.

By using PayLoadz, users can enjoy:
  • Access to international markets
    • the differences between physical trades and trading via internet is, the products can be exhibited to the world at one time. It means that the products can be introduced through the internet whenever the internet users drop by or found the item that the seller is posted and at the same time, there can be a lot of users around the world are viewing the items posted.
  • Quick and easy implementation
    • by using the Electronic Currency, the trades can be easily done. In this case, if using PayLoadz is used. Just need to register the PayLoadz account and PayPal or Google Checkout to guarantee the transactions.


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