Kaban Internet Payment Solutions, launched by Yehey!, is an e-commerce solution to online merchants. Kaban is the newly revamped service of Yehey!'s former payment facility called PayPlus+. Kaban merchants are able to receive three types of payments:
1) ATM Card via Bancnet
2) Credit Card (VISA, Mastercard, JCB)
3) Electronic Cash via Globe G-Cash
Kaban works similarly to PayEasy because it offers merchants services to the Philippine market and it revolves around the concept of a load wallet. I guess the Kaban website is still not ready because some of their links don't work yet, such as the merchant tools and the buyers section.
I wonder why they had to change the name from PayPlus+ to Kaban. Maybe PayPlus+ has some pending issues. Personally, I like the PayPlus+ name better.
Kaban's transaction fee is quite high at 6%. Or is this normal?
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Ecommerce solutions have proved beneficial for both the sellers as well as the buyers. Today one can access any product manufactured in any part of the world just by a click of mouse. Indeed a path breaking innovation of IT in collaboration with the World Wide Web. Facilitating reach to a ‘shopping fest’ from the comfort of one’s home! http://www.infyecommercesolution.com/
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