|
|
|
|
|
|
|
E-Gold
E-gold is a digital currency, used extensively on the Internet for making payments in exchange for goods and services.
It is one of the first digital e-currency providers, having started in 1996. E-gold accounts are backed by actual physical gold, dollar for dollar. You can take delivery of the physical gold if you wish, although there is an additional handling charge.
The E-gold e-currency is tied directly to the value of gold, so it's not possible to use outside influences to affect the value of it... unless one has the ability to affect the spot price of gold. Being tied to the price of gold, e-gold accounts fluctuate up and down with the value of national currencies as they move with the spot price of gold.
While gold is the most popular precious metal digital currency in use, E-gold also offers the platinum, palladium and silver precious metals as digital currency.
Funding an e-currency account is the job of a third party called a Market Maker. A market maker is a merchant who exchanges national currencies for e-currencies, and places them in your online currency account. Similarly, they will buy your ecurrency and pay you in your national currency when you wish to exchange your egold for currency.
You can fund an e-gold with paypal, or buy e-gold with a credit card if you wish, though the market maker will charge up to 15% to do so. This is largely because of the cost to him of fraudulent charge backs.
E-currencies are now accepted fairly extensively by online merchants in exchange their products and services, mainly catering to people, who for whatever reason, don't have or can't get, a credit card.
***************************************************************************
Copyright © 2005 :Russell Savige and DX-Currency-Trades.com This article may only be reproduced in full including this resourse box.
**************************************************************************
Wind Chimes and more... Do you sell something online? Do you have a business... Read More Selecting the right emarketplaceAlthough, IT spending has been staying flat... Read More Deciding when to get your own merchant account for internet... Read More Have you ever asked to have your money refunded after... Read More Online customer service is still one of the most frequently... Read More I had a rude awakening recently. I checked the days... Read More E-gold is a digital currency, used extensively on the Internet... Read More Simply put, business plans can make or break your business.... Read More Increase Company ProductivityAfter years of hard work, finally your business... Read More Having a successful member only, paid membership site is one... Read More Because of this encouraging surge in activity, many individuals are... Read More How four partners build and manage an exclusive art posters... Read More Once your website has secured an order, you have to... Read More Ten great tips to turn online holiday shoppers into eager... Read More Knowledge Management for beginnersKnowledge Management (KM) can be defined simply... Read More Choosing an online shopping cart is a big decision. Unlike... Read More If you learn how other people make money online, I... Read More 1. To find out what type of content visitors want... Read More Much of my consulting work comprises writing 'Outside Opinion' reports... Read More There are so many metrics surrounding direct marketing. So many... Read More ClickBank.com can offer you multiple solutions for your e-commerce business.... Read More Anyone with an online business, whether for auctions, services, or... Read More If you are serious about selling on the world wide... Read More Back in 1998 (through 2000 or so), I worked for... Read More Customers are tough cookies. They're extremely media aware and increasingly... Read More
Windchimes
for great gifts!
Business Online ? Blind Hunt
Grow Your Business Using B2B Emarketplace ? Part II
Do You Need A Merchant Account?
When Do You Ask For A Refund?
Online Customer Service - The Cornerstone of a Successful Online Business
The Clickbank Crash of 2003: Lessons Learned
E-Gold
The Ecommerce Business Plan
Grow your Business with Emarketplace - Part III
Simple Steps to Start a Profitable Member Only, Subscription Web Site
Increasing E-Commerce Website Sales: A Guide for the Online Newbie
Something new in e-commerce: the Echo System Build
Evaluating Vendors of Ecommerce Fulfillment Services
The Essential Christmas Web-store Makeover
Intranet Portals ? Collaboration through Team Rooms
Choosing an Ecommerce Shopping Cart
How Do You Make Money Online?
10 Reasons To Survey Your Visitors, Subscribers And Customers
Writing Web Pages: Get To The Meat Faster
Direct Marketing isn?t all Brute Force
The ClickBank E-Commerce Solution
How To Accept Credit Cards Online
How to Gain Your Visitors Trust
Online Credit Card Processing - How to Accept Credit Cards - Ecommerce 101
Ten Reasons Why Online Surveys Are The Future of Marketing
Six Components Of A Good E-Commerce Site
Businesses, which are still sitting on sidelines and not doing... Read More
Tell Them Whats in The Can!
What does 'the can' mean? Well, its literal meaning relates... Read More
Cheap Cigarettes, Discount Tobacco and Cigars Online - Is It Legal?
Many people online today still believe that buying tobacco products... Read More
Increasing E-commerce Website Sales
With consumers purchasing billions of dollars of merchandise online each... Read More
Is ECommerce Right for Our Business?
If your business features products or services for sale, undoubtedly... Read More
How e-business and e-Marketing are Changing
Internet now days became a real marketplace and many many... Read More
Paypal Primer
To conduct business on the Internet, whether informal, one-time only... Read More
Ten Reasons Why Online Surveys Are The Future of Marketing
Customers are tough cookies. They're extremely media aware and increasingly... Read More
Succeed With Your Own Home Based Business
An internet business is by far the best way to... Read More
Is It Still Possible To Make Money On The Internet?
Many people are saying that the internet is dead. So... Read More
Intranet Portals ? Search and Taxonomies
Knowledge Management for beginnersKnowledge Management (KM) can be defined simply... Read More
How To Implement E-Business Solutions Successfully
Pitfalls of E-business solutions installation processA large distribution company has... Read More
How To Sell Your Products Online?
E-commerce is gaining pace! Research firm eMarketer predicts that 2003... Read More
Online Credit Card Processing - How to Accept Credit Cards - Ecommerce 101
Back in 1998 (through 2000 or so), I worked for... Read More
Ecommerce - Boost Your Business ROI
Did you know that over 90% of all online orders... Read More
E-commerce: Is It Right for You?
The birth of the Internet and the mass availability of... Read More
The Clickbank Crash of 2003: Lessons Learned
I had a rude awakening recently. I checked the days... Read More
Accepting Credit Cards For Your Online Business
Did you know that one of the best ways to... Read More
E-Commerce Is Back On The Fast Track
How much holiday shopping did you do on-line this year?... Read More
Intranet Portal ? Business Case ROI
The days of easy money are overIn these post-dot-com days... Read More
Grow Your Business Using B2B Emarketplace ? Part II
Selecting the right emarketplaceAlthough, IT spending has been staying flat... Read More
Getting Started in ECommerce ? Part Two
In Part One we talked a little bit about what... Read More
Credit Card Processing - 7 Things You Need to Know Before Opening an Online Merchant Account
When considering opening an online merchant account to accept credit... Read More
Overcoming Frustration with Technology
For whatever reason, when we get a new boost in... Read More
6 Steps to Attracting Black Customers Online
by Jamila White, "The E-Commerce Diva"In the rush to keep... Read More
E-commerce |