monCASH - Ecash, eCommerce, eBiz, Ecash Payment Solution, Visa, Mastercard, Credit Card Processing.



Frequently Asked Questions

	"What is monCASH?"
	monCASH is an eCash payment and solution that simply overcomes the drawbacks of alternative payment modes such as credit cards, etc.

	"What are the advantages of monCASH?"
	monCASH offers advantages to online merchants, shoppers and affitiates Online Merchants Save high merchant account setup fees Increase profits by cutting 3-10% cc txn fee. Accept small payment less than US $ 10. Expand customer base and build loyalty Easy to integrate with free Tool kit. Online Shoppers Safe and secure - No credit card required Available to all having email ID - any age, any country. Avail discounts at monCASH accepting merchants. Buy Online services anonymously monCASH affiliates Earn upto 2% on every transaction.

	"What is the cost of using monCASH?"
	No cost to Shoppers. No fee charged to merchants till monCASH is reissued to customers (e.g. as loyalty rewards) or used for making purchases from other monCASH accepting merchants. A of 5% is levied only when monCASH is reconverted back into physical world cash.

	"How secure is the monCASH system?"
	monCASH transactions are connected on a highly secure SSL Web Server with 128-bit encryptron certificate provided by Entrust.Net (well known Certification Authrority promoted by Northern Telecom, USA)

	"How do I buy monCASH?"
	Visit https://moncash.com and fill the registration form. You will be provided with the following:- 1) Your eWallet id. 2) Your PIN for transactions. 3) An email confirming your login and password. A cookie may be created at your option to remember these details. However this is advised only if you are the exclusive user of your PC.

	"How do I use monCASH for purchasing?"
	When you purchase from a monCASH affiliated merchant, after adding your items to the shopping cart, select monCASH as the mode of payment while checking out and note the merchants' eWallet ID. Then make the payment as below:- 1) Login to https://moncash.com 2) Click on SPEND 3) Check the merchant eWallet ID is valid 4) Enter the txn amount and PIN 5) Confirm the txn by clicking PAY. 6) A txn# is displayed and the balance reduced from your eWallet. 7) Cut and Paste the txn# or type it in the merchants' payment form. 8) Your payment will be confirmed by merchant immediately. 9) You have sucessfully paid by eCash !

	"As a merchant, how do I accept monCASH at my online store?"
	You can apply for the free monCASH toolkit which is a simple Application Programming Interface (API) that can be integrated with any server side scripts is JAVA, CORBA, CGI Perl or ASP to verify the monCASH payment txn#. However before this you must acquire a monCASH eWallet. You should then display on the check out page that you accept monCASH with your eWallet ID clearly printed.

	"How can I reconvert monCASH to cash?"
	You can reconvert monCASH to cash at a discount of 5% from any monCASH affiliate or at https://moncash.com. No questions asked.

	"Why should I recommend monCASH or become an affiliate?"
	An affiliate earns 2% on each transaction. We accept checks from approved affiliates and issue US $ 100 equivalent monCASH on payment of US $ 98 by check. The affiliate recommends monCASH and sells it at the par value of US $ 100 for cash to earn 2%. Affiliates are authorized to buy back monCASH from online merchants or Shoppers at a discount of 5%. monCASH will be repurchased from affiliates at a discount of 3%. The affiliate earns 2% when moncCASH is puchased from any source or directly.

	"What if I forget or lose my eWallet id or PIN?"
	You can get back your eWallet id, password and PIN by simply answering correctly the security question framed by you during registration.

	"Do I need to take any precautions?"
	Please do not store your eWallet ID and PIN in the same place to prevent frandulent use of monCASH. You can also take up several eWallet ID's and divide the balance tbetween them to minimise the risk of fradulent use.