With technology replacing manual processes, most organizations have made a shift from using cash for their business to transacting online. In an online payment service, you accept electronic payments through different payment methods. There is no exchange of cash or checks. The payment is made and received online.

For an online payment system, a payment gateway service is established which will receive the online payment request from the buyer’s website and will direct it to the processor. The processor will validate the card details of the purchaser and check if there is enough fund in his or her account. In case of sufficient funds, the transaction will be authorized and the funds will be transferred to the account of the seller. The status of the transaction will be transmitted to both the parties.

Benefits of online payment services
Online payments have a number of advantages to help streamline your business needs. Here are some of the primary benefits of transacting online.

Convenient
The biggest benefit of online payment services is the convenience with which you may make the payment. When customers visit a website, all they want to do is make the purchase and check out quickly. An online payment makes it easier for them to complete the transaction. This way, you may free yourself from any apprehensions of a check bounce or the availability of liquid funds.

Time-saving
Online payments are much quicker than manual payments and you do not have to wait for the cash to be delivered or the check to arrive at your doorstep. It is an instant method of payment where the amount is transferred within minutes. The entire process of payment takes only a few seconds.

Saves efforts
With an online payment service, you no longer have to go to a bank, stand in the queue, fill up forms, and wait for the check to be cleared. You may save your efforts and time by simply making an online transfer. Once the online payment channel has been set up, payments may be easily processed.

Considering the ease of use and the benefits of transacting online, it is time to get rid of the traditional cash-and-check payment methods and adopt the latest technology, which enables quick transfer of funds in a secure manner. This will make business processes easier, increase a business’ overall productivity, and delight your customers as they will be able to enjoy making a quick and hassle-free payment.

A Federal Housing Administration (FHA) loan is a mortgage loan that is backed by the government. It is ideal for homebuyers who have low credit scores. With the minimal down payment requirement of the loan, borrowers prefer it over any other type of loan.

The loan is in demand because it fits the needs of the borrowers who have a low credit score. Credit scores as low as 580 are also accepted by the lender. The lowest credit score accepted is 500 in some cases, and no applications from borrowers with a lower credit score will be accepted.

Loan limits
For FHA loan approvals, borrowers will need to go through the rigorous procedure. The loan limit is $679,650 for high-value markets and $294,515 for a low-value market. The low interest on the loan is the main reason borrowers prefer it over conventional loans.

Insurance premium
Borrowers are required to pay a premium in the form of mortgage insurance in case they default on the loan. The insurance for a typical borrower will be at the rate of 0.5% to 1% of the amount for borrowers, who have a decent credit. In the case of an FHA loan, the borrower will have to pay 1.75% of the loan amount.

Loan requirements
In order to get an FHA loan approval, borrowers need to clear a few steps. The borrower will have to submit an identity proof as well as a reliable and stable income stream. He must agree to have the home valued by a home valuer approved by the FHA and the credit score should not be lower than 500. Individuals with no credit history can apply for the loan and the lender might approve it.

Borrowers with a history of bankruptcy will have to come out of bankruptcy for a minimum period of two years and the loan will not be approved if the borrower is behind on income tax or in federal student loan tax.

The borrower needs to ensure that the lender is approved by the FHA because since he is not a mortgage lender, he only works with the government for the same. New loans are only approved for borrowers who intend to live in the home and not rent it out.

Before a borrower seeks an FHA loan approval, they should consider the requirements and verify their credit score before making an application. Moreover, they might have to improve the credit score if it is below 500.

In today’s world, where cash transactions are gradually seeing a decline, credit cards have become a preferred mode of transaction, especially for the associated awards and perks that you may avail of from them. The more you use your cards, the higher rewards you earn. The annual fees for the card may make it quite expensive, but you may take advantage of the airline miles when you fly. The payoff is usually worth it for those cardholders who travel frequently and pay their card balance on time every month.

Here are three popular credit cards that may help you earn airline miles as you make purchases.

Citi® / AAdvantage® Platinum Select® World Elite™
This is one of the best airline miles credit cards as it helps earn airline miles through everyday purchases and offers a lot of perks to cardholders. It has an annual fee of $99, which is waived for the first year. It requires an excellent credit score and has a variable annual percentage rate (APR) ranging from 17.74% to 25.74%. The first checked bags are free on the domestic American Airlines. In addition, the cardholders may enjoy free checked bags for four companions traveling on the same flight.

United MileagePlus® Explorer Card
This card has a zero introductory fee for the first year and then charges an annual fee of $95. Its variable APR ranges from 17.74% to 24.74%. When you use the card to fly United Airlines, you may earn 2 miles per every dollar and you earn one mile per dollar spent on other purchases.

Southwest Rapid Rewards® Premier Business Credit Card
This credit card is considered as one of the best airline miles credit cards for multiple reasons which include a low annual fee, a bonus of 40,000 points after spending the first $1000 within the first three months of the issuance of the card. It is ideal for business flights and has a large sign-up bonus in addition to annual bonus miles. There is an annual fee of $99. The card has a variable APR ranging from 17.74% to 24.74%. You may earn 1 point for $1 spent on purchases. They offer cards to their employee at no extra charge.

The annual fee and APR mentioned above are approximate and subject to change. These are some of the best airline miles credit cards available in the market. However, you need to make a choice keeping your preferences and your ability to make the credit card payments on time. The card will have a penalty if the payment is not made within the given period.

With the advent of the Internet, it is possible to invest in gold and silver from the comfort of your home. However, this does not mean that you do not conduct a thorough research before investing in it. Many investors dive into the gold market without much inquiry or research, which often costs them thousands of dollars. It is important to choose the right company in order to make a secure investment. It might be the most important decision you make before becoming a gold bullion owner. Given below is a list of companies you may choose to buy gold bullion online.

J M Bullion
A trusted name in the gold bullion market, J M Bullion offers numerous alternatives for you to invest in. You may choose to invest in gold bars or coins based on your preference. The cost will mainly depend on the type or brand you choose and the quantity you decide to invest in. They also offer free shipping for an investment of over $99.

GoldCore
GoldCore offers gold coins and bars which are easy to purchase. You may buy gold bullion online and have it delivered to you. The options include one-ounce, ten-ounce, and one kilogram of gold bars.

APMEX
APMEX is a trusted name in the market and offers gold, silver, as well platinum. You may choose from a wide variety and size of bars and coins to make your investment. Based on the weight of gold and your budget, you will be able to purchase gold bullion online. The company has divided bullion into different grades and sovereign issuing countries, thus making it easier for you to make an investment decision.

BullionVault
BullionVault allows you to buy gold bullion online as well as sell it with ease. It is the largest online investment gold service in the world with 70,000 users. You may buy bars and sell them anytime without any penalty. They display a live order board and have daily prices that are mentioned on their website. The daily prices are mentioned country-wise. You may track the prices and conveniently make your purchase.

Gold helps in the diversification of your investment portfolio and is a widely preferred product in the market. It is an important investment product and should be carefully purchased, keeping your investment profile and long-term financial goals in mind.

There is a credit card for every need. Picking the right one is of utmost importance since that determines the benefits you reap. You can decide whether you want rewards in the form of airline points or hotel discounts, or if cashback is the way to go. Ultimately, it comes down to your spending and financial habits. To help you, we have compiled a list of the 10 best credit cards in different categories. 

Chase Sapphire Preferred® Card
A great option if you eat out and fly frequently. Get 2x reward points for dining at your favorite restaurants, delivery services, takeout, and travel too. You get 1x point per dollar on every other purchase you make with the card. In addition, you get 100,000 points if you spend your first $4,000 in the first three months. 

Discover it® Cash Back
If you’re a fan of cashback, you get to enjoy 5% on everyday purchases each quarter and unlimited 1% cashback on others. Plus, this credit card does not charge an annual fee. 

Capital One Venture Rewards
For frequent travelers, this card is a solid option. You get fantastic base rewards, bonus miles, and you can redeem them for flights, vacation, and car rentals. Flexible and user-friendly, this card is one of the 10 best options for those who travel a lot. 

Discover it® Student Cash Back
Catering to the newbies in the credit card market, this card is a high-paying one. 5% cashback on rotating cashback categories and Discover matches cashback earned in the first year. 

Bank Of America® Customized Cash Rewards
As the name suggests, this credit card gives you the freedom to choose the bonus categories you want to earn cashback in. However, there is a cap of $2,500 each quarter on the bonus cash back earned.   

American Express Blue Business Cash™
For business owners, this is probably one of the best options. When you spend your first USD 50,000, there is a 2% cash back on eligible purchases. There is also an introductory 0% APR that business owners can avail of on new purchases in their first year. 

Secured Mastercard® from Capital One
If you’re looking to build credit, or even repair it, consider this card a suitable choice. It offers a low refundable security deposit and a short way into a higher credit line. 

Wells Fargo Platinum Card
For those of you looking to control debt and take charge of your financial position, this is a no-frills credit card. On eligible balance transfers, you can enjoy an introductory 0% APR for 18 months. 

Wells Fargo Active Cash℠
Easily one of the 10 best credit cards, you get unlimited 2% cash rewards on eligible purchases and a 0% APR on purchases and balance transfers for 15 months. When it comes to earning and rewards, this is right at the top. 

Citi Custom Cash℠ Card
How about earning 5% cashback on your qualified spend category, for the first $500 in each billing cycle? The best part is, it all happens automatically! 

Having a poor credit score may affect you in several ways. Most banks and non-banking financial institutions consider your credit score before making a lending decision. However, if you have a bad credit, you may still apply for a bad credit car finance for the purchase of a new or a used car and manage to save yourself from high-interest loans.

Here are the four best car financing options you may consider if you have a bad credit history.

Auto Credit Express®
Auto Credit Express® helps individuals with a bad credit get a loan for a brand-new car or a used car. They have built a network of car dealers that make it easier for you to find a dealer. This will save you the hassle of visiting several dealerships and running credit report inquiries with each of them.

Auto Credit USA
You may apply for a bad credit car finance with Auto Credit USA as they will help you receive financing irrespective of your credit score. This, in turn, will help improve your overall credit score. The company strives to make it easier for you to purchase the car of your dreams by offering low payment terms. With low interest rates, you may figure out a way to make your regular monthly payments that fit your budget.

AutoStar USA
The lender offers a guaranteed bad credit loan approval for your car finance. They have an easy and straightforward loan application process, which will help you avail of a loan even with a bad credit score. They offer car finance for all new vehicles as well as used vehicles.

myAutoloan
With myAutoloan, you will be able to connect with lenders within a few minutes. Irrespective of your credit score, you will be able to find a lender who is willing to help you with the finance of your car. It also has an interest rate estimator that gives you an idea about the kind of annual percentage rate (APR) you might get.

Apart from these lenders, there are leading banks that offer poor credit loans, but they have a higher APR and are more stringent with their rules. It is best to connect with lenders and understand their terms before you make an online application. For an applicant with a bad credit score, the entire process may be strenuous, but with lenders willing to help you, it is now possible to get finance irrespective of your credit score.

Besides a savings account, you have several options to earn interest out of your extra money, like a Certificate of Deposit (CD). This deposit is made for a certain period and cannot be withdrawn. Leading financial institutions provide CDs, and here are the top 10 rates on offer for 2021. 

Discover
With a variety of term lengths, no hidden charges, and good rates, the Discover High Yield CD is a fantastic option for those looking for even short-term CDs. 

Ally
Ally Bank offers a fast mobile app and that’s just the beginning. It also offers some of the highest yields and a low minimum deposit. It’s a strong contender to consider. 

Quontic Bank
Quontic Bank has CD terms starting from six months that go up to 5 years. True to its online nature, it offers a fast, user-friendly mobile app as well. 

Marcus by Goldman Sachs
There is something unique about Marcus: it offers a 10-day guarantee on your CD rate. If the rates increase within 10 days of opening your CD, Marcus will push it up for you automatically. 

Sallie Mae Bank
Good rates and a wide range is what Sallie Mae Bank’s CDs promise. For those looking to build a CD ladder of the highest yields, this can be a good option. 

Tiaa Bank Basic
Tiaa is a neat online CD and offers several benefits- no monthly fees, a range of terms, and an enviable APY. 

Tab Bank
If you’re trying to build an entirely CD-based portfolio, TAB Bank’s eight different terms all offer a high yield (0.50% to 0.85%). Even if you want one CD, you can rest assured of competitive rates. To open a CD, a minimum deposit of $1000 is needed. 

Synchrony Bank CD
Synchrony offers interesting terms, like three months or 15 months, and is a solid performer when it comes to yields also. 

Comenity Direct CD
The monthly maintenance fee notwithstanding, the Comenity Direct CD is one of the most flexible options out there. 

Connexus Credit Union CD
If you’re looking for a good credit union for long-term CDs, this one is arguably the best. It offers some of the highest yields for 48- to 60-month-long share CDs. To obtain a share certificate, one needs to be a member.

Capital One has been one of the premier providers of investment and financial solutions for a long time. It has gained immense popularity for its range of credit cards. For students, business owners, or individuals alike, who are attempting to rebuild their credit, these credit cards are among the best available in the market. If used responsibly, a credit card may help you build a good credit rating as well.

There is a simple and hassle-free application process for credit cards on Capital One. To get a credit card, you can simply go to their website and click on respond to Capital One mail offer or click on getmyoffer.capitalone.

How to ensure you get a Capital One mail offer
The following four steps help ensure that you increase your chances of getting approved for a Capital One credit card.

Starting good habits early: Everything from car loan payments to rent and credit cards, you must stay updated on the money you owe. You must ensure that you are always paying the bills on time. This can go a long way in building a good credit. Good payment habits and history is what credit card companies look for when considering applications.

Knowing your score: Your credit score refers to your creditworthiness. It depends on several factors, such as the number of recently opened accounts, how well you have paid outstanding bills, and the latest credit checks. Banks analyze this score judiciously. Generally, the higher the score, the more likely your application will be approved.

Balance your debt-to-income ratio: A debt-to-income ratio (DTI) is a straightforward comparison of how much you earn compared to how much you owe. Understanding this balance will come in handy to apply for a reasonable amount of credit. It helps to not get overwhelmed with monthly payments. Capital One will also check your DTI to ensure it does not approve your application for an amount more than what you are able to afford.

Looking for the right fit: Before applying to Capital One, you should take some time to check out the benefits and terms and apply for the card that suits your needs best. Credit card prequalification offers may also help, where-in Capital One will help you decide the card you should choose. They are certainly a good first step on the road to getting that application approved. It might be tempting to choose a higher-level card, but it is advisable to gradually make the move.

The application will either be accepted or declined in an instant. If you have received a mail from Capital One with the Get My Offer promotion, you will just need to click on the website mentioned above.