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Net-friendliness has opened new payment gateways for making various transactions through the cyber space. No more is physical presence of two parties required for exchange of money as you can pay with a click, sitting right inside your home. Likewise, the very concept of online quiz challenges is web based competing where participants make use of the unlimited opportunities World Wide Web has to offer. There are some e-quiz portals that ask you for a small payment as an entry fee for a particular quiz. In that case, they provide users with myriad options to make the payment and the participant can choose as per his/her convenience. Enormous power of the cyberspace along with mammoth experiments and potential, it is a power house medium, which brings ease of use to users. All you are required is to sign up with any such popular quiz portal, followed with making payment and entering the contest to win mobile phones and more. Below we will throw light on the common payment gateways present at user’s disposal that can be used to undertake monetary transactions. There might be many other alternatives as well, but the ones mentioned here are the general most picks. Read on… Debit Card A popular mode of online payment, it is used mostly like your credit card. While on the e-quizzing portal, select to make payment and chose debit card option from the list. From there, you would be required to enter your account number mentioned on it, expiration date and the security code mentioned at the back of your debit card. Once everything matches, your selected amount will be paid to the merchant. Cash Card
In simple words, a cash card is the card you swipe into your ATM or any other cash withdrawal machine. It is a payment through a prepaid credit card, which is used in a cash dispensing system that reads the card value. It can also be said that a cash card is one, which is used by card owner to make payments to the merchant for getting to enter contests.
Direct Payment It is an electronic form of payment wherein, user pays the entry fee of e-contests to win mobile phones over the net via respective banking institutions. In direct payment, dealings happen as a means of money transfer from a participant’s bank account set through an internet bank. These banks give an account as well as routing number to the contestants in reference to the online quizzing website they intend to make payments to. Net Banking Web banking for making payments to enter online championships permits customers of a banking establishment to lead monetary transactions on a safe portal worked by the quizzing merchant. In it, the playing site directs you to the payment gateway of your selected bank and you can then make payments through your account. Mobile Payment Mobile payments are also popularly known as, mobile money transfer, mobile wallet and mobile money. It generally denotes payment making facilities operated under financial guidelines and undertaken via a mobile device. It is a widely used mode of making payments as almost everyone has a cell phone today and people find it easier and convenient to use it this way. Log onto Loot100 for playing amazing online quiz Contest for winning exciting and lavish prizes. You can try its challenge to win mobile phones if you are in desperate need of a new fully loaded android or any other smart phone.
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