Facebook heightens its network security as it continues to be targeted by internet attackers. In February 2013, a phishing attack was executed which loaded malicious software onto most laptops of its employees. The social network company employees had their laptops attacked by an attack dubbed as “watering hole”. Facebook admitted the attack but said that no user data was compromised. This social network platform hosts more than a billion users and any breach of security could put confidential user’s information at stake.
Although Facebook said that no data was stolen from the attack, it remains a concern for many Facebook users who may feel that their information may be confiscated and ends up in hands of hackivists. Responding to the February attack, Facebook said that last month (January 2013), the company discovered that its systems had been targeted in a sophisticated malware attack.
The occurrence in February happened when some of its employees visited another mobile developer site which had been compromised. When the employees visited the mobile developer website, their laptops were remotely installed with malware that was founded on a previous unknown exploitation named as “zero day” exploit of Java programming. A zero day attack is an attack that exploits a vulnerability that has previously not been known in an network or computer application.
This means that the attack occurs at day zero of any possible awareness of a network vulnerability. To further elaborate on this term, developers consider an attack as zero day when they have zero days to address the vulnerably and provide a patch. Facebook responded swiftly to the February Java flaw vulnerability and remediated all the machines that had been infected.
The law enforcement was also informed of the attack. Facebook further said that it tracked the infection and discovered that it occurred from one laptop and all its laptops were fully-patched. The "zero day" vulnerability was undetectable and easily bypassed the Java sandbox protection leading to the infection by the malware. Following the attack, Facebook also alerted Oracle about the Java flaw and a patch was provided that addressed the vulnerability.
In yet another blow, in late march 2013, Facebook user accounts were said to have been infected with a virus containing a disturbing video. According to the New Britain police department, it said that police had learned that the virus presented itself as a friend sharing a video. If a user opened the video, the virus could attach to the user’s Facebook account and was easily shared to the friends of the user who shared and opened the message.
It would be difficult to detect that it was a virus because it looked as though the video was being shared by a friend but in the real sense, it was a virus. The police department issued a warning that the video was very disturbing because it featured a child pornography and parents were advised to advise their children who have Facebook accounts to refrain from clicking any shared videos.
In addition, users were advised to delete the shared video immediately if it was possible. This social network company has a zero tolerance for child pornography and it said that it will work hard to get rid of such content from its network site. This video orchestrated virus infiltrated Facebook account by inviting users to “Watch this if you’re curious,” The minute a someone clicked on that video, the malware took control of the Facebook user’s account and then began propagating the same malicious link to friends of the user.
Sunday, November 17, 2013
Lamborghini Veneno: the Spiking Power Acceleration and Speeds of the Veneno
The Veneno engine is modelled out from the Lamborghini Aventador LP-700 and it is the world’s most outstanding sports car with cartoonish design but 275 pounds lighter than the Aventador. This Lamborghini for sure, is the poster you will find pinned on walls by children. It can accelerate from 0 to 60 mph in as short as 2.8 seconds with a top speed of 221 mph (355kmph). The Veneno was unveiled at the Geneva Motor Show with a lamborghini price tag of $3.9 million and apparently all the cars are already sold out.
A total of four cars were built and three sold while one referred to as number 0 was designed as a test vehicle and is the one displayed at Geneva. The display Veneno car bears all three colours of the Italian flag. The other three cars that are sold out each feature a single colour of the Italian national flag that is; red, white and green.
The interior of the car is designed of carbon fibre with grey metallic look for the body. The design of the Veneno is derived from Lamborghini Aventador that has a horsepower of 691 compared to Veneno’s 750 horsepower. The Veneno has a 6.5-liter V12 engine the same as the Aventador’s engine. In addition, Veneno has seven speed transmission and permanent all-wheel-drive.
The hypercar has been built from decades of aerodynamics research. In fact, a seven year old kid was hired to design the visual look of the car something that demonstrates why this is the car poster to find pinned on walls by children. The 220 mph hypercar had its name coiled from a legendary lethal bull fighter ‘Veneno’ which was the strongest and most aggressive bull.
Veneno bull was one of the fastest bulls in history of bull fighting. Its name become famous after the bull gored to death José Sánchez Rodríguez at Sanlúcar de Barrameda's arena in 1914. The Veneno car aerodynamics is pegged on that power of a bull. The engine of the car has larger intake path with highly optimized thermodynamics coupled with more rated engine’s crankshaft measure or revolutions per minute (rpm).
Its light weight is achieved from the super strong carbon fibre material that forms the monocoque or the single cell chassis along with the outer skin. The car has aluminium sub-frame, and scissor design doors that open up and out. The front end of the car is designed to function as a massive aerodynamic wing, which helps keep the car pinned to the ground when cruising at the super high speeds.
Among the three personalities who bought the Veneno cars are current owner of Lamborghini Long Island and former customer of Ferrari, Antoine Dominic, and Managing Director of Tequesta Investments from Florida, Kris Singh. These guys spend $4 million each to own two of the three Veneno hypercars that were designed for sale. In total, only four Veneno cars were built with three sold out and one at the display show in Geneva.
Other specifications of Lamborghini Veneno
• Automatic shift system
• 7 gear system
• Curb weight of 3,190 lb
• 4 valves per cylinder
• Permanent all-wheel-drive
• Gas fuel
• V12 engine cylinders
• Displacement 6500cc
• No air compressor
In essence, the Veneno design brings out an exceptional aerodynamics and cornering ability with optimum downforce and less dragging effect. It has a perfect cooling system ideal for the high performance engine. The car has 20 inch front alloy wheels and 21 inch rear wheels fitted with fibre ring around the rims that functions like a turbine thus delivering additional cooling air to cool the extreme power carbon-ceramic brake system discs when they get hot.
In addition, the Veneno has razor-sharp lines, four large exhaust end pipes separated by a splitter, and an arrow-shaped front as well as an adjustable rear wing. What a fantasy car design and power of the Lamborghini Veneno?
| Lamborghini Veneno |
A total of four cars were built and three sold while one referred to as number 0 was designed as a test vehicle and is the one displayed at Geneva. The display Veneno car bears all three colours of the Italian flag. The other three cars that are sold out each feature a single colour of the Italian national flag that is; red, white and green.
The interior of the car is designed of carbon fibre with grey metallic look for the body. The design of the Veneno is derived from Lamborghini Aventador that has a horsepower of 691 compared to Veneno’s 750 horsepower. The Veneno has a 6.5-liter V12 engine the same as the Aventador’s engine. In addition, Veneno has seven speed transmission and permanent all-wheel-drive.
| Lamborghini Veneno |
The hypercar has been built from decades of aerodynamics research. In fact, a seven year old kid was hired to design the visual look of the car something that demonstrates why this is the car poster to find pinned on walls by children. The 220 mph hypercar had its name coiled from a legendary lethal bull fighter ‘Veneno’ which was the strongest and most aggressive bull.
Veneno bull was one of the fastest bulls in history of bull fighting. Its name become famous after the bull gored to death José Sánchez Rodríguez at Sanlúcar de Barrameda's arena in 1914. The Veneno car aerodynamics is pegged on that power of a bull. The engine of the car has larger intake path with highly optimized thermodynamics coupled with more rated engine’s crankshaft measure or revolutions per minute (rpm).
| Lamborghini Veneno |
Its light weight is achieved from the super strong carbon fibre material that forms the monocoque or the single cell chassis along with the outer skin. The car has aluminium sub-frame, and scissor design doors that open up and out. The front end of the car is designed to function as a massive aerodynamic wing, which helps keep the car pinned to the ground when cruising at the super high speeds.
Among the three personalities who bought the Veneno cars are current owner of Lamborghini Long Island and former customer of Ferrari, Antoine Dominic, and Managing Director of Tequesta Investments from Florida, Kris Singh. These guys spend $4 million each to own two of the three Veneno hypercars that were designed for sale. In total, only four Veneno cars were built with three sold out and one at the display show in Geneva.
| Lamborghini Veneno |
Other specifications of Lamborghini Veneno
• Automatic shift system
• 7 gear system
• Curb weight of 3,190 lb
• 4 valves per cylinder
• Permanent all-wheel-drive
• Gas fuel
• V12 engine cylinders
• Displacement 6500cc
• No air compressor
In essence, the Veneno design brings out an exceptional aerodynamics and cornering ability with optimum downforce and less dragging effect. It has a perfect cooling system ideal for the high performance engine. The car has 20 inch front alloy wheels and 21 inch rear wheels fitted with fibre ring around the rims that functions like a turbine thus delivering additional cooling air to cool the extreme power carbon-ceramic brake system discs when they get hot.
In addition, the Veneno has razor-sharp lines, four large exhaust end pipes separated by a splitter, and an arrow-shaped front as well as an adjustable rear wing. What a fantasy car design and power of the Lamborghini Veneno?
7 Steps to Succeed In Affiliate Marketing
Although affiliate marketing continues to be one of the top methods of making money on the internet, it is only benefiting a few marketers. The main reason why people fail in this business is not because it is difficult to carry out but because the aspiring marketers do not follow the strategies needed to succeed. Whereas it is easy to make fortunes with affiliate business, if you do not follow the tactical methods, you are like to flop and quite before you have earned any dollars. It is true that many people have registered in multiplies of sites only to end up throwing their hands up.
The trueth is that companies are willing to offer great rewards in form of commissions for those who manage to influence customers to make buying decisions. Today’s consumer is very selective and needs to be vanished with information about products and services they intend to purchase. You need to motivate them and lure them to make a buying decision. This is where things no nuts when affiliate marketers try to venture in this lucrative business. Below are simple steps that will help you succeeding in your affiliate business;
1. Chose the right affiliate program
The building block to succeeding in affiliate business is to choose a reputable affiliate programs that can make you money. With the proliferation of affiliate businesses on the internet, this is not easy. There are programs that will promise easy ways of making money but when you start selling the products, you hardly make any tangible sales.
Many people rush to choose a program based on the commission it offers. Although the higher the commission you get, the more money you can make, the main question is; are the products or services sellable? One thing you can determine that an affiliate business will make you money is to check for the sell-through rate. This is the rate at which the merchants are able to convert lead prospects into sales.
2. Dig down to find a good niche
When choosing the right niche to do affiliate marketing on, you need to ensure that it does not pose a lot of competition. For a neophyte in affiliate business, it may be challenging to flourish amidst an environment dominated by the big professional affiliate marketers. You may be faced with problems to draw traffic in your blog or website because of the huge competition. There are niches that have been described as hotly contested and they include mortgages, credit cards and cancer treatments. You need to choose a less competitive yet a lucrative niche that can make you money.
3. Create a blog content that matches your affiliate product
When you are selling products, you need to create content that will provide more information about the goods and services. It is essential that you have a product that you have tested or have interest on. This way, you will provide useful information which can guide the readers of your blog to visit the merchant site. Your blog draws traffic which is directed to the merchant website.
The more relevant, interesting, educative, and informative your blog content is, the more you will get targeted traffic which is likely to make a buying decision. In addition, you may be asked by prospective buyers to provide more information about features, pros and cons of the products and this should give you an opportunity to showcase your knowledge about the product. If you do not use the product, you may not be able to give any useful comments.
4. It’s essential to build your list of customer
In most cases, affiliate marketers direct their traffic to the merchant sites and do not keep their records. Building a list of prospects can help you in selling your affiliate products. Marketers often think that since they are selling other people’s products, they do not need to create their own lists of customers. This is a mistake because you need to occasionally make follow-ups on those readers and invite them to visit your blog to check for new products or running promotions.
5. Keep your blog or website tidy
The clarity of your blog site will show professionalism and the ability of the readers to get the information they want easily. Clustered and crowded sites often confuse the readers and they are likely to abandon your blog site. The banners should be placed in vantage points where they can be easily clicked by the readers. You image and reputation can be boosted by clarity of your site.
6. Measure your results
You need to measure that traffic that visits your blog and against that which proceeds to click on banners. Tracking the performance of your blog site and the activities of the reader can help you make key decisions and adjustments to resolve issues which may be impairing you from realizing good sales from an affiliate business.
7. Do not put your eggs in one basket... consider several merchants
Whereas it is not advisable to have excess merchants in an affiliate business, the marketer should emphasize on two or three merchants. When you spread your marketing efforts to only a few merchants, you are more likely to get better results than having many merchants or just one merchant. With a few merchant, you can position their banners in your site without causing distractions.
The trueth is that companies are willing to offer great rewards in form of commissions for those who manage to influence customers to make buying decisions. Today’s consumer is very selective and needs to be vanished with information about products and services they intend to purchase. You need to motivate them and lure them to make a buying decision. This is where things no nuts when affiliate marketers try to venture in this lucrative business. Below are simple steps that will help you succeeding in your affiliate business;
1. Chose the right affiliate program
The building block to succeeding in affiliate business is to choose a reputable affiliate programs that can make you money. With the proliferation of affiliate businesses on the internet, this is not easy. There are programs that will promise easy ways of making money but when you start selling the products, you hardly make any tangible sales.
Many people rush to choose a program based on the commission it offers. Although the higher the commission you get, the more money you can make, the main question is; are the products or services sellable? One thing you can determine that an affiliate business will make you money is to check for the sell-through rate. This is the rate at which the merchants are able to convert lead prospects into sales.
2. Dig down to find a good niche
When choosing the right niche to do affiliate marketing on, you need to ensure that it does not pose a lot of competition. For a neophyte in affiliate business, it may be challenging to flourish amidst an environment dominated by the big professional affiliate marketers. You may be faced with problems to draw traffic in your blog or website because of the huge competition. There are niches that have been described as hotly contested and they include mortgages, credit cards and cancer treatments. You need to choose a less competitive yet a lucrative niche that can make you money.
3. Create a blog content that matches your affiliate product
When you are selling products, you need to create content that will provide more information about the goods and services. It is essential that you have a product that you have tested or have interest on. This way, you will provide useful information which can guide the readers of your blog to visit the merchant site. Your blog draws traffic which is directed to the merchant website.
The more relevant, interesting, educative, and informative your blog content is, the more you will get targeted traffic which is likely to make a buying decision. In addition, you may be asked by prospective buyers to provide more information about features, pros and cons of the products and this should give you an opportunity to showcase your knowledge about the product. If you do not use the product, you may not be able to give any useful comments.
4. It’s essential to build your list of customer
In most cases, affiliate marketers direct their traffic to the merchant sites and do not keep their records. Building a list of prospects can help you in selling your affiliate products. Marketers often think that since they are selling other people’s products, they do not need to create their own lists of customers. This is a mistake because you need to occasionally make follow-ups on those readers and invite them to visit your blog to check for new products or running promotions.
5. Keep your blog or website tidy
The clarity of your blog site will show professionalism and the ability of the readers to get the information they want easily. Clustered and crowded sites often confuse the readers and they are likely to abandon your blog site. The banners should be placed in vantage points where they can be easily clicked by the readers. You image and reputation can be boosted by clarity of your site.
6. Measure your results
You need to measure that traffic that visits your blog and against that which proceeds to click on banners. Tracking the performance of your blog site and the activities of the reader can help you make key decisions and adjustments to resolve issues which may be impairing you from realizing good sales from an affiliate business.
7. Do not put your eggs in one basket... consider several merchants
Whereas it is not advisable to have excess merchants in an affiliate business, the marketer should emphasize on two or three merchants. When you spread your marketing efforts to only a few merchants, you are more likely to get better results than having many merchants or just one merchant. With a few merchant, you can position their banners in your site without causing distractions.
Saturday, November 16, 2013
Abdesselam Jelloul…Records the Highest IQ and Makes History as the Smartest Person in the World
If you are wondering who the smartest person is in terms of IQ, then you got the answer. Abdesselam Jelloul has been crowned as the person with the highest IQ and this is after he scored 198 points in a test that was held in 2012. Jelloul holds a record of the person with the highest ever known advanced IQ test. This may come as a surprise to you because you have heard or thought of people like Steven Hawking and Marilyn vos Savant who have recorded IQ test scores of about 200 and 228 respectively.
However, it is worthwhile pointing out that IQs measurements vary from test to another and from age. A good example is an IQ of 170 for a person at the age of 10 years would only be equivalent to an adult IQ of 106. In addition, there are some loopholes when measuring the intelligence because many aspects or dimensions are taken into consideration such as problem-solving, and memory.
Abdesselam Jelloul has so far recorded the highest IQ in an advanced IQ test. The test featured a total of 13 different dimensions of intelligence, which include memory, musical, logical, spatial linguistic, analytical, moral, philosophical, spiritual, intra-personal, interpersonal, naturalists and bodily dimensions.
One thing with the advanced IQ test, is that it features a large number of factors all put together to measure the intelligence. As of present, there is no any reliable information about the measure of IQ considering the wide variations in the tools and instruments used to measure the intelligent quotient (IQ). In fact, in 1990, the Guinness book of records withdrew its category on Highest IQ citing a lack of conclusive and reliable test results of intelligence.
However, bearing in mind that there are certain dimensions, which have to be featured in an advanced intelligent quotient test, then perhaps it can be said that the results from this advanced IQ test are not so far from the accurate ones. There is a need to come up with a clear regulation and stipulations on how intelligence can be measured and perhaps have a body to govern the testing.
IQ stands for Intelligent Quotient and it is a measure of the mental age in relation to the chronological age then multiplied by 100. Chronological age is the number of years from birth meaning that if you were born in January 2000, as at January 2013, you were 13 years old and therefore, your chronological age would be 13.
Mental age implied the mental ability of a person in relation to their age. For example, a young person at 15 may be able to read, understand, comprehend, think, and reason more smartly than another young person of the same age 15. This difference is brought about by the mental age of a person. It is how old a person is in terms of mental ability.
If a teenager at 12 years is able to reason, think, comprehend or even answer questions like an adult of the 35, then the IQ of the teenager can be calculated as follows;
IQ = mental age (MA) divided by chronological age (CA) multiplied by 100
Therefore, the equation would be 35/12 x 100= 291.66
The IQ test formula indicates that the intelligent Quotient of a person will start going down as they begin to advance in age or grow old. Therefore, it does not remain static and will continue to drop with age.
As with Abdesselam Jelloul, the test he took incorporated more measures than the ordinary IQ tests could have access to and so far, it remains one of the most advanced tests to have ever been conducted on intelligent quotient. There are also other people who have recorded a history in having more than normal ranges of IQ and they include William J. Sidis who scored 197 and was regarded as a child prodigy with extraordinary linguistic and mathematical abilities.
Christopher Langan tested 195 and was regarded as the smartest man in America. Sir Isaac Newton, the physicist, mathematician, and philosopher, tested about 190. The chess grandmaster as well as a child prodigy Bobby Fischer tested 187. It is evident that Abdesselam Jelloul has recorded the biggest intelligent quotient score and this is a brilliant mind and personality can be tapped. The normal ranges for IQ stretch from 90-109 and anything above this range is regarded as superior while something lower than this is regarded as inferior.
The Super Sports Hypercars... Lamborghini Veneno vs Bugatti Veyron
Lamborghini Veneno and Bugatti Veyron are two super sport cars that have been designed to demonstrate the power of engine performance, precision driving and high speed. When comparing lamborghini veneno vs bugatti, there are distinct features, which remarkably describe these super machine cars.
Lamborghini veneno is the most expensive sport car selling at $3.90 million. Built in Italy by Automobili Lamborghini S.P.A, this car was redesigned based on the Aventador models and was a symbol of commemoration of the 50th Lamborghini anniversary. The engine of the car was an advancement of the predecessor Aventador's 6.5 L V12 engine. Three cars have already been produced.
For the Bugatti Veyron, this grand sport vitesse is extremely fast and it attains stratospheric speeds at relatively very short time interval. Bugatti can attain a 60 mph time in just less than 2.6 seconds. Bugatti Veyron is a grand sport car manufactured in France by the Bugatti Automobiles S.A.S. It is selling at $1.5 million and already 300 cars have been manufactured. Looking at the design, performance, power, and speed of these two cars, it can be said that they are both dominantly superfast hyper sport cars.
Lamborghini veneno vs bugatti road speeds
Veneno has record a top speed of 221 mph when compared to the Veyron’s top speed of 253 mph. This means that bugatti veyron is the fastest car that can attain a 0-60 mph speed in just 2.7 seconds. On the other hand, Lamborghini Veneno is able to attain the 60 mph speed at trailing 0. 1 seconds from veyron speed of 2.7 seconds meaning that it attains the 60 mph speed at just 2.8 seconds.
Bugatti veyron vs lamborghini veneno engine, performance and design features
Developed from the Aventador's 6.5 L V12 engine, the Lamborghini Veneno engine produces a 750 PS meaning 552kW and 740 bph. The Lamborghini Veneno has got an enlarged intake paths coupled with optimized thermodynamics which together with a high rated exhaust system, rpm and lower back pressure produce a horsepower of 750.
Veneno is more costly to own at almost 2.5 times more expensive than Veyron. In addition, Veneno is much lighter with a curb weight of 3,190 lb when compared to Veyron’s 4,162 lb weight. Therefore, Lamborghini Veneno is more than 20 percent lighter, which means a less inertia to overcome as it accelerates.
Moreover, Bugatti Veyron has a bigger and more powerful engine. With a 7,993 cc engine compared to Lamborghini Veneno 6,500 cc engine, it means that Veyron has more than 20 percent bigger engine. In addition, the Veyron’s 987 horsepower powertrain (hp) at 6,500 rmp compared to Veneno’s 740 hp engine power means that Bugatti Veyron has more than 30 percent stronger engine.
Lamborghini veneno vs bugatti interior and exterior designs
The Bugatti Veyron 16.4 has superb leather, and quality metallic trim. With an aluminium front and a combination of stainless steel and carbon fiber back, it is such a beautifully designed hypercar. Lamborghini veneno is designed with use of carbon fiber which extends to the interior of the car as it is visible in the sills and central tunnel areas. The cockpit is designed of woven carbon-fiber. In addition, the car is also equipped with bucket seats that are designed from patented Forged Composite of Lamborghini.
In essence, Lamborghini veneno vs bugatti seem to compete in speed, power, and performance though Bugatti Veyron has slightly more power and larger engine. Nonetheless, Lamborghini Veneno trades at a high price with only 3 cars built compared to 300 Bugatti Veyron units manufactured.
Lamborghini veneno is the most expensive sport car selling at $3.90 million. Built in Italy by Automobili Lamborghini S.P.A, this car was redesigned based on the Aventador models and was a symbol of commemoration of the 50th Lamborghini anniversary. The engine of the car was an advancement of the predecessor Aventador's 6.5 L V12 engine. Three cars have already been produced.
| Lamborghini Veneno |
Lamborghini veneno vs bugatti road speeds
Veneno has record a top speed of 221 mph when compared to the Veyron’s top speed of 253 mph. This means that bugatti veyron is the fastest car that can attain a 0-60 mph speed in just 2.7 seconds. On the other hand, Lamborghini Veneno is able to attain the 60 mph speed at trailing 0. 1 seconds from veyron speed of 2.7 seconds meaning that it attains the 60 mph speed at just 2.8 seconds.
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| Lamborghini Veneno |
Bugatti veyron vs lamborghini veneno engine, performance and design features
Developed from the Aventador's 6.5 L V12 engine, the Lamborghini Veneno engine produces a 750 PS meaning 552kW and 740 bph. The Lamborghini Veneno has got an enlarged intake paths coupled with optimized thermodynamics which together with a high rated exhaust system, rpm and lower back pressure produce a horsepower of 750.
Veneno is more costly to own at almost 2.5 times more expensive than Veyron. In addition, Veneno is much lighter with a curb weight of 3,190 lb when compared to Veyron’s 4,162 lb weight. Therefore, Lamborghini Veneno is more than 20 percent lighter, which means a less inertia to overcome as it accelerates.
Moreover, Bugatti Veyron has a bigger and more powerful engine. With a 7,993 cc engine compared to Lamborghini Veneno 6,500 cc engine, it means that Veyron has more than 20 percent bigger engine. In addition, the Veyron’s 987 horsepower powertrain (hp) at 6,500 rmp compared to Veneno’s 740 hp engine power means that Bugatti Veyron has more than 30 percent stronger engine.
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| Bugatti Veyron |
Lamborghini veneno vs bugatti interior and exterior designs
The Bugatti Veyron 16.4 has superb leather, and quality metallic trim. With an aluminium front and a combination of stainless steel and carbon fiber back, it is such a beautifully designed hypercar. Lamborghini veneno is designed with use of carbon fiber which extends to the interior of the car as it is visible in the sills and central tunnel areas. The cockpit is designed of woven carbon-fiber. In addition, the car is also equipped with bucket seats that are designed from patented Forged Composite of Lamborghini.
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| Bugatti Veyron |
Withdraw PayPal Funds In Kenya With A Debit Card… The Cheapest Option
How do you apply?
What you need to do is register with the card issuer and you will receive your card within a period of one month. It is easy to register, as you only need to provide your postal address and street address as well as names and identification document.
When you receive the card, you can now withdraw PayPal dollars in ATM machines in Kenya, which have a MasterCard symbol. For me, Barclays has worked perfect. You use the “universal” option on the ATM to withdraw your PayPal money.
How much can you save?
You can save money with this card because you do not pay the charges that third parties charge for PayPal transactions. The third parties like e-pay charge more than 10 percent. This means that if you are withdrawing $500 dollars with e-pay, you pay more than $50 dollars in charges. This translates to Kshs. 4,000 for every transaction you make for $500 with the third parties.
With the card, withdrawing from PayPal to the debit card is free and it means that PayPal does not charge anything. This is because the money is in a US checking account. PayPal does not charge for withdraw transactions with a US bank. However, the card issuer charges 1% of the total amount you are loading to your debit card.
At the ATM, to withdraw $500, which is equivalent of $40,000 shillings, you only pay about 2.5 dollars in ATM charges. This means that it will cost you about 5 dollars ATM loading charges for $500 at the rate of 1% and the ATM withdraw charge of about 2.5 dollars for Kshs 40,000.
The total cost is $7.5 dollars. When you compare with the third parties which cost you more than $50 dollars for withdrawing $500, it means that you saving over $40 in every transaction of $500 dollars. You can imagine how much money you will save in one year. This is surely the card you should go for to withdraw PayPal funds in Kenya safely and cheaply.
How long does it take?
It takes about 3 days for the transaction to be completed. When it is completed, the amount is right in your US bank checking account and you are notified that you account has been loaded. When the money is in your account, you can walk into any ATM with MasterCard symbol and withdrawal your dollars. Barclays Kenya works perfectly. I also believe that Standard Chartered bank also works for the card. Although KCB has a MasterCard symbols on their ATMs, this card does not seem to work with their machines. I do not know why but you can trust Barclay to withdraw your PayPal funds in Kenya from ATMs using the debit card. Register for free here and start enjoying the cheap rates of withdrawing your paypal dollars.
Friday, November 15, 2013
How to Withdraw PayPal Funds with a Debit Card Worldwide
As the demand for freelance jobs increases, many online workers find it difficult to withdraw PayPal funds from local banks. This factor is contributed by regulations governing the use of PayPal accounts in many countries. Some countries do not have local banks that support PayPal funds withdraw such as Kenya, This aspect creates a lot of problems in drawing your funds. What happens is that you have your money stuck on your PayPal and you only use it to buy goods online.
To try and circumvent the problems, many PayPal account holders use third party means of withdrawing their funds. This is not only contrary to the rules of PayPal but also risks your account being suspended. In addition, the third parties charge high commissions leaving you drained of your hard earned money.
However, I have obtained the debit card and have used it for the last one year. It has saved me a lot of money which is could have lost to third party agencies. This card is issued free of charge and mailed to you wherever you are. The application process is easy as long as you give the details correct. From my experience, I have noticed that during the application process of this debit card, the address seems to be the most challenging parts.
Many people only have postal addresses and do not have street or physical addresses. When you are applying, you have to give both physical or street address and your postal address. The card is mailed to you through the postal address you provide. The physical address is for record purposes to show where you stay. This physical address should not be a business physical location but your real home physical address which shows the house, apartment and street where you live in your country.
When you have given these details, your application is approved. Even when it is disapproved in your first application, you can make the changes they require and re-submit the application again. Besides, when the debit card has been approved, you also have to request for US payment service. This card is issued by a US card issuer and before you withdraw the money to the card, you have to be granted the US payment service.
This is pretty simple and all you need is to fill out the form you are send. Once approved of your US payment service, you are given details of the bank where your funds are deposited from PayPal. It is a US bank checking account. You get all the details and how to go about in funding your account from with your PayPal money.
When you have received your card, and the checking account details, all you need is to go login in your PayPal account and go to withdraw button and then withdraw your fund to the checking account you are given through the US payment service. Remember, you cannot withdraw the funds if you do not have that US payment service details even if you have received the card.
Benefits of using the debit card
• The debit card is issued free of charge
• The issuer only charges 1% withdraw charge to the debit card account
• PayPal does not charge you to withdraw the money to your US checking account. It is FREE
• It takes about 3 days for the money to reflect in your online debit card account. An email is sent to you notifying you that your debit card has been loaded.
• Withdrawal charges are very minimal about $ 2.5 per one ATM withdraw even if you are withdrawing $500 or more
• You save a lot of money because the fees are very minimal
• You do not have to use third parties agencies which are otherwise not authorized by PayPal
• You do not risk you account being suspended by PayPal
Disadvantages
• The card issuer charges an annual fee of $29 dollars however, considering the amount you save from the fee charges charged by third parties, this is negligible amount. It is really nothing and you do not feel the pinch.
• Although the card is send to you free, when you lose it, you are charged some amount for replacement.
Surely, this is the only way you can get hassle-free withdrawal of your PayPal funds since you eliminate the high charges you are charged by third party agencies, which are not licensed. You can apply for your debit card. IT IS FREE
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