Tuesday, 17 June 2014

Cop@vsnl.net Doesn't Work!

Cop@vsnl.net was actually an ID of Chennai Police which ceases to exist now. It was first published on The Hindu website after which some users randomly started posting articles about it claiming that this Chennai Police ID does help when your phone is lost. These articles suggest that you can find your lost mobile phone if you send an email along with some details to this ID.

These articles come with a message which claims that people who have lost their mobile phones can email their complaint, along with the IMEI number and other essential details of the mobile phone to this ID so as to trace and track it back from anywhere in the world. The story is a blend of facts and misleading information. The email ID cop@vsnl.net provided in the original article was that of the Commissioner of Police, Chennai, and yes, it was a fact that if you send an email from anywhere in India, it will reach the Commissioner of Police, Chennai City Police, Chennai. There have also been instances in the past where the Chennai Police have solved mobile theft cases using the International Mobile Equipment Identity (IMEI) numbers.

However there is no guarantee that mobile thefts from all over the country would be handled by them. This service is most definitely applicable only for the particular state of Tamil Nadu, and not anything beyond their jurisdiction.

Therefore, the claims that everyone can trace and track back his or her lost mobile phone using this service are misleading. It is also important to note that the official website of Tamil Nadu is not active, since it was hacked earlier this year, and the email service has also stopped working.

Excerpts from http://www.copvsnl.net.in/

PayPal expands payment services to Nigeria, 9 other markets


Mon Jun 16, 2014 5:12pm BST

LONDON (Reuters) - PayPal is entering 10 new countries this week, including Nigeria, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud.

Rupert Keeley, the executive in charge of the EMEA region of PayPal, the payments unit of eBay Inc, said in an interview on Monday the expansion would bring the number of countries it serves to 203.

Starting on Tuesday, consumers in Nigeria, which has 60 million users and has Africa's largest population, along with nine other markets in sub-Saharan Africa, Eastern Europe and Latin America will be able to make payments through PayPal.

"PayPal has been going through a period of reinvention, refreshing many of its services to make them easier to use on mobile (phones), allowing us to expand into fast-developing markets," Keeley said.

Once the services go live, customers in the 10 countries with access to the Web and a bank card authorized for Internet transactions will be able to register for a PayPal account and make payments to millions of sites worldwide.

Initially, PayPal is only offering "send money" services for consumers to pay for goods and services at PayPal-enabled merchant sites while safeguarding their financial details. This is free to consumers and covered by fees it charges merchants.

"We think we can give our sellers selling into this market a great deal of reassurance," said Keeley, a former regional banking executive with Standard Chartered Plc and senior executive with payment card company Visa Inc.

PayPal does not yet cover peer-to-peer transactions, which allow consumers to send money to other consumers. It has not yet enabled local merchants in the new markets to receive payments, nor is it offering other forms of banking services, he said.

A 2013 survey of 200 UK ecommerce sites by Visa's CyberSource unit estimated that 1.26 percent of online orders are fraudulent and that 85 percent of merchants expected fraud to increase or remain static last year.

CyberSource also estimated that suspicion of fraudulent transactions result in 8.2 percent of online orders in Latin America being rejected by merchants, compared with 5.5 percent in Europe and 2.7 percent in the United States and Canada.

Such fraud can include ID theft, social engineering, phishing and automated harvesting of customer financial data via botnets, or networks of computers controlled by hackers.

A total of 80 million Internet users stand to gain access to PayPal global services this week, including those in five European markets - Belarus, Macedonia, Moldova, Monaco and Montenegro, four in the African nations of Nigeria, Cameroon, Ivory Coast, and Zimbabwe, as well as Paraguay. Internet usage figures are based on research by Euromonitor International.

PayPal counts 148 million active accounts worldwide.

Last week, MasterCard Inc, the world's second-largest debit and credit card company, and a PayPal rival in payment processing, said it was working with the Nigerian government on a pilot to overlay payment technology on a new national identity card.

PayPal has operated in 190 markets since 2007 and added three countries - Egypt, Georgia and Serbia last year. Roughly a quarter of the $52 billion in payment volumes PayPal reported in the first quarter of 2014 were for cross-border transactions. PayPal reported $1.8 billion in revenue during the period.

(Reporting by Eric Auchard; editing by Jason Neely)

Source: http://uk.mobile.reuters.com/article/idUKKBN0ER1ML20140616?irpc=932