Friday, May 18, 2007

E-gold - Secured Payment Processor

What is E-gold?
e-gold is an electronic currency, issued by e-gold Ltd., a Nevis corporation, 100% backed at all times by gold bullion in allocated storage. Other e-metals are also issued: e-silver is 100% backed by silver, e-platinum is 100% backed by platinum, and e-palladium is 100% backed by palladium. However, the most popular e-metal (by an overwhelming margin) is e-gold.

e-gold is integrated into an account based payment system that empowers people to use gold as money. Specifically, the e-gold payment system enables people to Spend specified weights of gold to other e-gold accounts. Only the ownership changes - the gold in the treasury grade vault stays put.

Benefits
* Immediate settlement worldwide, 24/7
* Finality of payment, no chargebacks.
* Payments are bi-directional allowing interactive service payment
* The system is robust, efficient, and secure
* Merchant interfaces are easy to implement
* Transaction costs are low

Signup here: www.e-gold.com

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