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	<title>SemaWorker &#187; pre-payment</title>
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	<description>Where the Semantic Web&#039;s Pulse starts beating…</description>
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		<title>Checkout Re-Visited: Step 4 &quot;Your Payment Details, Please.&quot;</title>
		<link>http://blog.semaworx.eu/2009/07/20/checkout-re-visited-payment-methods/</link>
		<comments>http://blog.semaworx.eu/2009/07/20/checkout-re-visited-payment-methods/#comments</comments>
		<pubDate>Mon, 20 Jul 2009 16:33:51 +0000</pubDate>
		<dc:creator>Bardo N. Nelgen</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Business & Economy]]></category>
		<category><![CDATA[Checkout]]></category>
		<category><![CDATA[Europe]]></category>
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		<category><![CDATA[Semantic Web & Web 2.0]]></category>
		<category><![CDATA[SemaWorx: Started-Up]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[checkout]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Hawala banking]]></category>
		<category><![CDATA[online payment]]></category>
		<category><![CDATA[payment methods]]></category>
		<category><![CDATA[pre-payment]]></category>
		<category><![CDATA[Sharia compliant]]></category>
		<category><![CDATA[trust]]></category>

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		<description><![CDATA[This is about nothing less but an upcoming revolution in payment services. Think of it as the online equivalent of traditional letters of credit or guarateed cheques - but with new players on board. The risks of pre-payment are being shared equally in favour of a trustworthy business outcome. That said, pre-payment, combined with peer-based guaranteeing and realtime transaction confirmations is going to be a major driver of how trusted online payment is going to work tomorrow. Technology enabled, simple citizen-to-citizen services to be potentially more appealing to customers than the corporation-owned "walled gardens", may be an insight, which could turn out to be hard to reverse.]]></description>
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