Wednesday, May 7, 2008

E-Gold for online purchases

If you are one of those people who do not feel save to use credit cards online and you also do not have an account with any of the following online payment proccessing networks: PayPal,StormPay and E-Check,then you should try out the e-gold payment method.
E-gold is an online currency backed in full with real gold at allocated storage.You first have to open a free account with E-Gold Ltd,the issuer of e-gold.Then go to one of the independent e-gold exchangers to purchase the desired amount of e-gold with your local currence.For Malaysians,we urge you to use local e-gold exchangers.You purchase the e-gold with Malaysia Rinngit by depositing the money through your bank (MayBank,AmBank,Public Bank,CIMB bank etc) into the account of the e-gold exchanger,then they will transfer the e-gold to your e-gold account.
When you intend to purchase some thing online and the merchant (store owner) accepts e-gold,you just transfer the amount of e-gold to his e-gold account as payment.With e-gold you can control the risks you are exposed to by buying just enough e-gold for normal usage.Even someone hacks your e-gold account you don't lose much because the balance is kept to the minimum.You may also sell back to the exchanger if you have excess e-gold,he will make some commission,of course.
Click here to open a FREE e-gold account.
Check out this local e-gold exchanger: NetRinggit.com