Transaction on internet is called online transaction. To do online transaction, you have to know how can you receive your money and how can you pay a service or anything that you might need.
Of course you can still use your old method of credit card and check to transfer and get money. But everything works fast in internet, and to just use credit card and check would hinder you to progress faster. So, to make transactions faster and easier, there are payment processors (or sometimes I called them online bank and the money you have there is called online money).
These payment processors are like ur bank on internet. They are there for you to manage your money. You can receive and send money from these payment processors. Usually they have a good security. But still, so many people get their accounts hacked, get scammed, etc. So, be always careful with your online money. It can be as much as a mountain one day and it can go "poof" in another day.
There are 2 most popular payment processors :
- E-gold
Used to be the best payment processor (IMHO) for Indonesian people. it just takes about 5 minutes to complete the sign up process. And then you will be ready to do any online transactions. Lots of merchants accepts e-gold. Click here to sign up for e-gold.
After u signed up, u would need to fill in ur e-gold. U can fill it by transfer ur money from ur bank to e-gold, but not directly. U would need an exchanger who can exchange ur money with e-gold. For indonesian people, I recommend Indochanger. They are a trusted exchanger that has been there for long. Their response is not bad too, about a few hours to 2 days usually. But if u need to exchange ur money with e-gold faster, u can try to exchange it with other people (though dont forget to make sure that the people u exchange with can be trusted). Or if u want, I open an exchanger service too (see it in my forum in the payment processor section).
Anyway, e-gold has been issued for money laundring or illegal money transmitting due to that using e-gold is so easy that u just need to sign up with an email and no other validation needed. See here for some news about e-gold. Marketiva has started to stopped accepting money from e-gold too, though they still allowed withdrawing money to e-gold. This makes the rate for e-gold down alot in Indonesia (don't know in other countries). I still liked to use it though because of the easiness and to play hyip/autosurf ;) but still proceed with caution.
- Paypal
One of the most popular payment processor that is used widely. Again, for Indonesian people, u better go with e-gold. But if u still have to use paypal, u can sign up here.
There are lots of other payment processors instead of those 2 that I mentioned above, such as stormpay, moneybookers, etc as alternatives if for some reason, you can't used those 2 above.