If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges.
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Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
More ID checks for PayPal accounts 24 November 2009
PayPal account holders could face more checks and verification of their identity because the company has been forced to appoint an independent expert to review its Australian programs to combat money laundering for compliance.PayPal has been forced to make an enforceable undertaking to Austrac, the government regulator of the anti-terrorism financing rules. The undertaking concerns the lack of additional checks of PayPal account holders if their balance is lower than one thousand dollars.Austrac Chief Executive Officer John Schmidt said in a statement: “An assessment of PayPal Australia revealed deficiencies in the systems PayPal had in place to assess and manage its money laundering and terrorism financing risk.'The acceptance of this undertaking is a clear sign to industry that they must have robust systems and controls in place to manage and mitigate the risks their business may face.”It is only the third enforceable undertaking accepted by Austrac.
