Online Payment System: E-Gold


Updated on August 21, 2008 | Link: http://e-gold.com
Type online payment system | 712 views | 3 clicks | Comments (2)

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General information

e-gold Ltd. Is a Nevis, West Indies company created to serve as the General Contractor responsible for performance of the e-gold Account User Agreement. e-gold under its charter is completely dissociated from the business risks relating to exchange. This clarity of roles further assures e gold's freedom from default risk and finality of settlement. e-gold was developed and deployed as an Internet payment system by Gold & Silver Reserve (G&SR), Inc., a Delaware Corporation in 1996. The e-gold roles of Issuance and Settlement were devolved to e-gold, Ltd. in January 2000. G&SR, Inc continues to serve as the operator of the e-gold payment system. G&SR, Inc. also offers its own innovative set of hybrid currency exchange services, known as OmniPay.

Currencies

How do I buy e-gold? How do I sell e-gold?Unlike other popular Internet payment systems, you can't buy e-gold from (or sell e-gold to) e-gold Ltd in exchange for any national currency (USD, EUR, GBP, etc).

Users

all

Fees

Agio Fee Schedule
The Agio Fee is the e-gold system equivalent of an account maintenance fee.  It is deducted in monthly installments, calculated based on average daily balance since last assessed.
e-gold 1% per annum
e-silver 1% per annum
e-platinum 1% per annum
e-palladium 1% per annum

Spend Fee Schedule
Spend Fees are the e-gold system equivalent of  transaction fees.  They are deducted from Recipient account upon receipt of Spend.
e-gold Spends...  
>= < Formula
AUG 0.0004 AUG 0.1 5% + AUG 0.0002
AUG 0.1 AUG 0.5 1.25% + AUG 0.00375
AUG 0.5 AUG 1 AUG 0.01
AUG 1 AUG 5 1%
AUG 5     AUG 0.05
e-silver Spends...  
>= < Formula
AGG 0.02 AGG 5 5% + AGG 0.009
AGG 5 AGG 25 1.25% + AGG 0.1875
AGG 25 AGG 50 AGG 0.5
AGG 50 AGG 250 1%
AGG 250     AGG 2.50
e-platinum Spends...  
>= < Formula
PTG 0.0004 PTG 0.1 5% + PTG 0.0002
PTG 0.1 PTG 0.5 1.25% + PTG 0.00375
PTG 0.5 PTG 1 PTG 0.01
PTG 1 PTG 5 1%
PTG 5     PTG 0.05
e-palladium Spends...  
>= < Formula
PDG 0.0004 PDG 0.1 5% + PDG 0.0002
PDG 0.1 PDG 0.5 1.25% + PDG 0.00375
PDG 0.5 PDG 1 PDG 0.01
PDG 1 PDG 5 1%
PDG 5     PDG 0.05

Integration approaches

on-line

Information for developers

Glad you asked. In fact if you already have an e-gold account, then you're ready to get started. Use this link to refer people to the e-gold website: http://www.e-gold.com/e-gold.asp?cid=123456 (but replace 123456 with your own account number!!) Those who follow your link and subsequently create an e-gold account will become your Progeny. Thereafter, you will make a little money every time one of your progeny spend or receive payment in e-gold. You will receive an automatically generated e-mail for every new Progeny you bring in, so keep your Account Info accurate and up to date. Account Info also keeps a running tally of how many Progeny you've accumulated to date. Sound good? To get the full rules and details (as well as some pretty cool animated e-gold banners such as the one below) here. May your progeny be many! web-megazine -- http://www.e-gold.com/unsecure/sci_home.html