Look After Your Loved Ones in India with Bill Pay, Your Way

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You Can Now Pay Over 150 Billing Companies

in India with No Transaction Fees

Paying bills in India has never been easier! Today, we’re excited to announce that you can pay even more billers in India using your SolidTrust Pay e-wallet. The new billers cover a wide range of services including electricity, natural gas, water, satellite TV, DTH, mobile phone and broadband.

Last year, we launched Bill Pay Your Way, our exclusive cross-border bill payment solution. Available to all SolidTrust Pay members, Bill Pay Your Way provides you with access to more than 800 billing companies in 18 countries with no transaction fees.

Payments are easily made from your secure SolidTrust Pay e-wallet and are confirmed with the billing company within 48 hours. Simply input the billing account number and the balance owing will be automatically provided to you.

To make your first cross-border bill payment, log in to your secure SolidTrust Pay eWallet and go to My Money > Pay Your Bills and click on the Bill Icon at the bottom of the page. Show your loved ones how much you care, try Bill Pay Your Way today!

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Office Closure – February 17, 2020

Family Day

In celebration of Family Day, SolidTrust Pay’s Customer Support and Verifications Departments will be unavailable Monday, February 17, 2020. The holiday is an opportunity to reflect on the importance of all those who hold a special place in our hearts. It’s our hope that you, our valued members and merchants, will take some time on Monday to do just that.

Please allow additional processing time for deposits, withdrawals and e-currency exchanges. If you require assistance, you may leave a Support Ticket for us at any time and we will promptly respond to your inquiry when our office reopens on Tuesday, February 18, 2020.

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Get Paid Faster with SolidTrust Pay’s Free Invoicing Solution

Invoicing

Whether you’re a freelancer working in the gig economy or are scaling your small business to new heights, how you collect payments says a lot about your company. The more complex this process becomes, the more effort you must devote to managing your payment system. As order management, on-time billing and reporting become essential to the success of your company, cumbersome financial platforms can negatively impact the amount of time spent running your business, a trade-off that takes you away from doing what you do best – solving your customer’s problems.

According to data from SAP Concur, 73 percent of small businesses rely daily on manual processes to send and collect payments. Relying on paper records may have worked in the past, but the outdated process can make it difficult to track outstanding payments. Customers can readily fall through the cracks, preventing you from collecting your full dues. Fortunately, thanks to technology, integrated payment platforms can simplify much of the billing and invoicing process saving you time and reducing human error. Sifting through piles of invoices and receipts becomes a thing of the past, as all your payment information is neatly displayed online whenever you need it.

The 3 Keys to Simple Invoicing

1) Simplify the Payment Process

The first rule of effective invoice management is to streamline the entire payment process. Avoid the temptation to use invoices to market to your clients and instead embrace a simple design that clearly articulates what services or products were rendered and what is now due. This logic also extends to the payment process itself. When delivering digital invoices to your customers, ensure that they can pay using a credit or debit card and minimize the number of pages that they must navigate through to finalize their payment. This will prevent errors and helps guarantee faster payment.

2) Automate Payment Reminders

We’ve all been there, a bill arrives and we set it aside to be paid at a later date only to discover three weeks later that we have yet to actually pay it. Payment reminders are a quick and easy way to save time and resources when dealing with late accounts. Online invoicing solutions allow you to resubmit an invoice to a client as a reminder that payment is due. When looking for an invoicing platform, make sure this service is included.

3) Streamline Tracking and Reporting

Your invoicing system must enable you to quickly track the status of your payments. Once identified and sorted, you may then choose to close and properly file the invoice, extend the invoice’s payment terms or send a payment reminder to your customer. Proper invoice analysis also helps in forecasting the demand for goods and services, while helping you maintain appropriate inventory levels. A simple and easy to navigate dashboard with export functionality is essential to streamline your tracking needs.

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Send Professional Invoices for Free with Click2Pay

Our convenient Click2Pay service lets you send digital payment requests to anyone, anywhere in the world. Simply input their email address and the amount, and our free invoice system will notify them immediately. When we created Click2Pay, we streamlined the invoicing process. Your customer can pay you with their credit or debit card and they are not required to create a SolidTrust Pay account.

Your client’s payment is instantly credited to your secure STPay e-wallet and our easy-to-use dashboard allows you to easily track all your payment requests. Your invoices can be sent on a date and time of your choosing and our integrated payment reminder allows you to easily remind your clients about outstanding payments that may be overdue.

Let us take care of your invoicing needs so that you can take care of what really matters – growing your business. To start sending free invoices, log in to your secure STPay eWallet and go to My Money > Invoices/Click2Pay.

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Is Your Cryptocurrency Safe & Secure?

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2019 may already be a distant memory for many of us, but if you own cryptocurrency, the year was marked by some exciting highs and disappointing lows. Fortunately, prices are again rising and experts predict that 2020 could be a breakout year for bitcoin and other popular cryptocurrencies. Whether or not you trust the predictions of digital currency pundits is completely up to you. After all, security titan John McAfee famously predicted that bitcoin would be valued at $1 million by the end of 2020. McAfee has now changed his tune. Earlier this month on Twitter, he confirmed that his prediction was nothing more than a “ruse to onboard new users.”

Despite the widespread dissemination of misleading, contradictory and downright false information about the cryptocurrency market, decentralized digital currency adoption continues to climb. But this news hides an insidious fact: cryptocurrency theft is rapidly increasing. According to blockchain analysis firm Chainanalysis, hackers successfully breached 11 cryptocurrency exchanges in 2019, stealing more than $283 million worth of cryptocurrency. If you look at data from the last decade, these hacks represent the highest number of security breaches at digital currency exchanges in a single year. For comparison, only 6 major exchangers were breached in 2018.

Fortunately, these numbers hint at some good news. Thanks to improved security and transaction verification systems, hackers are escaping with less and less cryptocurrency from exchanges. The $283 million loss is less than one-third of the $875.5 million worth of crypto that hackers stole in 2018. Of course, hackers are by no means only targeting exchanges. Their operations are for more complex than that. According to security provider Carbon Black, the first half of 2019 saw nearly $1.1 billion in cryptocurrency fall into the hands of cybercriminals. Exchanges comprised only 27% of attacks, with businesses (21%), private users (14%) and government (7%) accounting for almost 70% of documented cryptocurrency theft.

Why Hackers Target Cryptocurrency?

Blockchain, the ledger technology on which cryptocurrencies like bitcoin rely on, is very secure. The problem rests with who is able to make transactions on the blockchain. The answer to that question is anyone. Because the identity of individual cryptocurrency wallet holders is never known, digital currency’s anonymity and personal privacy conspire to make it the perfect tool for scammers and hackers. In this manner, the decentralized peer to peer nature of cryptocurrencies that draw users to it, also conspires to work to the advantages of individuals determined to use it for illicit purposes.

How To Protect Your Digital Assets

Whether you’re a seasoned financial strategist of a first-time cryptocurrency investor, you’ll want to take the necessary time to thoroughly scrutinize your chosen digital currency exchange. Look for third-party audits, which are an excellent sign that the organization you are considering purchasing cryptocurrency from is well-run and safe.

Most importantly, you’ll want to ensure that your cryptocurrency wallet is secure. Cold wallets that rely on hardware authentication and that are physically disconnected from the internet when not in use, provide you with the highest security of any cryptocurrency wallet. There are no known incidences of hardware wallets being compromised, and when used correctly, experts single them out as the ideal cryptocurrency storage solution.

Buy & Sell 10 Different Cryptocurrencies with SolidTrust Pay

Did you know that you can now buy and sell 10 different cryptocurrencies directly from your secure SolidTrust Pay e-wallet? At SolidTrust Pay, we’re looking towards the future. That’s why we’ve made it easy for you to buy and sell cryptocurrency using your secure STPay e-wallet. To begin, simply add your cryptocurrency wallet to your SolidTrust Pay account and enable two-factor authentication (2FA) on your smartphone or desktop computer. You can learn more about setting up 2FA HERE. Your Bitcoin deposit is then instantly converted to U.S. dollars. Read our handy get-started guide HERE.

To withdraw your SolidTrust Pay funds into your cryptocurrency wallet, go to My Money > Withdraw Funds and select the Altcoins option. Please ensure that you have enabled 2FA on your account and have added an external digital currency wallet before proceeding with a cryptocurrency withdrawal. For step-by-step instructions, please click HERE.

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