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Why Is One Day Auto Insurance Becoming So Popular?

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Have you been lately worked up with the decision of choosing your car insurance?  And the fact that you rarely drive should also play an important role in your decision making so 1 day only insurance is the next best thing you can come up with! This type of insurance has slowly picked up its pace in the Indian market and has become very popular among people who rarely drive and wish to purchase a temporary insurance for their car! Since there are literally tonnes of policies out there, a common man would naturally be confused as to which policy would benefit him the most economically and which would suit his cause. This policy is available with most companies and it is advisable to make a thorough comparison of the prices of all the companies and then select the desired company

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So why has this commercial auto insurance policy become so popular among customers?  Does it have some mystical spell around it drawing it’s customers or is it because of a consistent good performance and healthy customer feedback which has made it so popular?  So let us have a look at some of the reasons owing to its popularity –

Flexibility

The most important advantage which is associated with this insurance policy is the degree of flexibility which it allows to its purchasers. People can drive their cars with a free mind without thinking about being uninsured on roads. This insurance policy is also flexible in the sense that it is a temporary policy meant for those non regular personnel who ideally take out their own cars occasionally or once in a while so this kind of policy caters to their needs.

Economical

A costly car is generally accompanied by a hefty insurance policy and for people who hardly drive, purchasing a year round coverage would be an economic indecision and hence one day car insurance is a sought after economical substitute in relation to the traditional insurance policies as this type of policy is easier on the pocket.

Hassle free

A one day car insurance is generally hassle free and does not involve much paper work and on the occurrence of an unforeseen accident, the company reimburses the owner of the policy upto the stipulated amount without much fuss and delay generally.

Now since we know as to why this policy has become a hit among users, it is safe to conclude that one day car insurance would be an ideal rational decision if you looking for a temporary and economical car policy.

Square Register vs. PayPal Here

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As the battle for supremacy in the mobile payment market continues to ramp up, the two obvious front-runners are Square Register and PayPal Here. Though both platforms allow you to accept credit card payments from your phone or tablet with a free credit card reader, which is about where their similarities end. Each of the two industry leaders have their own benefits that come along with their apps and hardware, so it is up to the users to look at the comparisons and decide which product is right for their business needs.

Square Register

Square Register is the most downloaded electronic cash register app for both Android and iPad users. They were the first company to offer a free credit card reader that plugs into a headphone jack, and they were also first to launch an advertising campaign to generate awareness and branding in the mobile payment market. Furthermore, the Square Register inventory system is probably the most robust of any of these types of apps, but there is always room for improvement.

Getting setup to use Square is a very easy process. You simply sign up on their website and fill out your profile information. After you have your account setup, they will mail out a free credit card reader to your business address so you can start to swipe cards. Then you just sync up your bank account and your received payments are automatically deposited in 1-2 business days after you’ve swiped the credit card.

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PayPal Here

PayPal is the top competitor of Square; mainly because of their name recognition. PayPal is by far the most popular online payment company in the world, so that good name makes it easy for customers to come onboard and trust their financial information to them. Also, because so many people already have a PayPal account, it is easier to get people to try your product if they already are signed up with you.

Much like Square Register, PayPal Here offers their users a free app for their phone or tablet to act as a cash register and credit card processor. They also offer a free credit card reader that works in conjunction with their app so you can take credit card payments on the fly. Though PayPal Here isn’t quite as inexpensive “per swipe” as Square Register, the quality of the PayPal name alone is enough to draw many would-be users over to a familiar platform and stick with a company that they already do business with.