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Financial Technology

Understanding More of Parallel Profits

Laptop and phone on table

Overview of Parallel Profits

With the advent of the internet, the business ecosystem has completely changed. For any business to remain afloat, there is a need to innovate continuously. By innovation, we are not talking about product innovation, businesses processes innovation, etc. It is now about how we reach and communicate with other key stakeholders such as customers, suppliers, etc. Two people, Aidan Booth, and Steve Clayton have developed a new model of doing business. It is called Parallel Profits. Parallel profits refer to an online training program that allows you to learn how to build from scratch and run a search engine marketing (SEM) agency. Parallel Profits will share and teach how to earn money through the fastest way. All that is needed is only six sales. At the end of the program, you will be able to generate at least $100,000/- per year through the provision of online services. Local and small businesses are the target market.

 

codingHow Parallel Profits Work

Parallel Profits emphasizes one thing: the sale of very simple services to businesses in a unique way. ü When you enroll in the training, Parallel Profits will invite you to work with them directly. You will be part of the franchise. You worry about the creation of a brand, website, making a sales pitch are taken care of. The franchise does Even the materials to be used for marketing. You will be able to start sales immediately since Parallel Profits sets up everything. ü The moment you secure business as a client, you will not outsource or perform any service. This is because the team at Parallel Profits will step in and do all the work. The need for having experience or being expertise in a particular area is eliminated. Parallel Profits have developed a portal that enables clients to communicate with you. Face-To-Face interaction
is not necessary.

Why Parallel Profits

For any online business to be successful online, enough traffic has to be generated to the website. It’s one thing to be online and another to have traffic. The website site should be converted into sales. Secondly, there is a lot of untapped potential in the online business segment. Studies that were done recently show that in the United States alone, 55% of the businesses have a website. In the UK, close to one million companies do not have anything online. Parallel Profits is, therefore, willing to help the businesses grow in this regard. By doing simple math, the profits that you will get are reasonable. From the experience of the founders, if you
take seven clients, they will generate you an income of USD12,000 monthly. This works to about USD144,000 yearly. The profit margins are quite high, and on average it is 70%. This works to about USD100,000 net profit yearly. If you get more clients, these figures will change.

Finally, Parallel Profits is about partnerships. The business or client remains yours entirely.

Reasons You Should Use Mobile Banking

mobile banking

We have seen a myriad of innovations over the recent years, thanks to the advancements in technology. So many things that have been introduced have helped make our lives easier. The availability of smartphones and other internet access devices have helped make everything much more comfortable. One area that has witnessed such changes is the banking sector.

We have seen online and mobile banking platforms which have been introduced to help make banking easier. You can now access banking services from your smartphone or any other internet access device. There are so many things you need to know about mobile banking.

Star Finanz Blog is one that covers on such and the relevance of modern technology in the finance sector. To access such services, you can download the respective apps of the different banks or financial institutions that you require their services. Safety should be a top consideration when it comes to mobile banking. We’ve heard cases of people who have lost their money to fraudsters through such platforms.

There are several things you should do to ensure everything is safe.banking via phone Use strong login passwords that are difficult to hack. One should also log out all the time they are done using the different mobile banking platforms especially in devices that can reach the hands of the public. Avoid following links from unknown sources blindly and giving out some of your essential information. There are several reasons why you should use mobile banking. They include:

Convenience

You will enjoy some high level of satisfaction with mobile banking because of the different things you can do from the comfort of your home. There is no need for one to trek miles to the bank to make withdrawals or confirm your balance as you can do all this via your smartphone or internet access device.

Lower Fees

You also get to spend less on transactions when you use mobile banking platforms. One can pay some of their bills to avoid being charged more on transactions. You also get to enjoy lower interest rates when it comes to borrowing and repaying your loans. How about you try this platform and save some money.

Safetymobile banking

Walking with hard cash around can be very dangerous because you are at high risk of losing it all. Mobile banking has helped reduce the chances of losing your money. It will be hard for them to access your account even if your phone is stolen because they will be required to put in a password.

Reasons Why Financial Institutions are Embracing Fintech

tablet on table

The financial technology is commonly referred to as Fintech. It relates to the use of innovative technology to deliver financial products and services. Its purpose is to facilitate multichannel, convenient and fast payment experience for customers. This technology is useful in various business segments. These include investment management, fund-raising, mobile payments, lending, and money transfer.

The rapid growth in Fintech has been beneficial for customers all over the world. Financial institutions can now serve customers who could not be served previously. It has also lead to a reduction in costs and an increase in competition. You can learn more Finanz Blog. The following are some of the benefits of Fintech.

laptop and money

Better Services

This technology makes business more accurate and efficient at issuing invoices and collecting payment. The more professional service also helps to improve customer relations. In turn, this increases the chances the of customers returning as repeat buyers. Payment services are thus made better using Fintech.

Approval Rate

Most small business ventures are starting to embrace alternative lenders like those involved in financial technology. This is because it has the potential of increasing accessibility. It also speeds up the rate of financial approvals. In most situations, the application process and receiving the money takes 24 hours.

Efficient Advice

Most of the latest systems of Fintech rely on robot-advice for guiding people on their finances. This technology can be a low-cost and quick option to get useful information on investments. It also limits your exposure to risk. However, this service will not be able to offer you in-depth advice that a professional adviser will give you.

Greater Convenience

holding phoneThe companies involved in Fintech make full use of mobile connectivity. The number of people who can access these services therefore increases. It also improves the efficiency and convenience of the transactions. Customers have the option of using tablet and smartphones to manage their finances. It is, therefore, possible for businesses to streamline their services and provide better all-round customer experience.

Advanced Security

Using the latest security methods ensures that people are confident in your financial services. It is therefore vital to use the most recent security methods. The need for harnessing the latest mobile technologies has led to significant investment in security to ensure the customer data is safe. A few security options used by those in the Fintech sector include tokenization, encryption, and biometric data.

The banking sector is evolving, and most banking institutions are embracing Fintech. These are some of the benefits that Fintech brings about.