Colleagues, before we can transact on the internet, certainly we require a payment tool that allows and ensure safety of our money on the internet. Similarly, as one of my colleagues ask about the e-payment so I try to explain it, although it may already much discussed on other sites, so hopefully can be useful also for colleagues.

Colleagues, the fact e-payment has been around since the internet marketing begin. Internet marketing based on the statement of Michael Campbell, President & CEO, Dynamic Media Corp. Internet marketing began in 1994, initially in the form of classified ads in the American On Line (AOL), he said his ads as form of images, just scan and then installed.

Then in a few years later in 1996 appeared epayment e-gold which was founded by Dr.Douglas Jackson and Barry K. Downey Transaction with e-gold is dramatically increased since 2005. The number of gold bars (more than 3 tons) in e-gold system is approaching the amount of gold reserves a small country. E-gold get income from the "spending fee" and "storage fee", the current revenue from this fee is more than 1 million dollars. From time to stand up, I know that e-gold is not alone but many other e-payment such as e-gold but collapsed.

Then in 1998, could be called as founding of paypal and it's a merger between the Confinity company and X.com in initial 2000, Confinity founded in December 1998 by Peter Thiel and Max Levchin, initially as a means of payment the company's Palm Pilot and kriptograpi (cryptography, writing -writing or secret numbers), while X.com was founded by Elon Musk in March 1999, the company's financial planning service providers. The first location of these companies is at 165 University Avenue in Palo Alto, California, home of some beginner in Silicon Valley.

Originally, Ebay use Billpoint as a tool of payment, because the use of paypal by 55% over the use Billpoint then Ebay acquired PayPal for U.S. $ 1.5 Billion. Ebay finally remove Billpoint services to strengthen brand Paypal for ebay. Many major Paypal competitor went bankrupt or sold, Citibank c2it closed in late 2003, Yahoo PayDirect closed in late 2004, Western Union BidPay announced the closing service in 2005 and sold it at CyberSource Corporation in 2006. Neither StormPay sites that fall in 2005 due to a problem and emmocorp who disappeared in 2006. Paypal rivals such as Moneybookers, Alertpay and still exists today.
There are also other e-currency such as ikobo, 2Checkout, ipayment, INTgold, Liberty Reserve, EBullion, Alertpay, Netpay, etc. However, I am more likely to choose only e-gold and paypal because it is relatively easy to use. Most of the merchants on the Internet also receive this payment gateway.

Paypal now is Available in 190 markets and 24 currencies, PayPal is a global leader of online payment solutions, with over 78 million active accounts worldwide. Yes maybe there are also any colleagues who know more about e-payment, but with a brief discussion of this, hopefully can be useful for other colleagues who still do not know about it. Best Regards.