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link to article: http://www.e-money.com/articles/1_stat.html
E-Bullion is one of the most popular on-line payment systems in Europe. E-bullion is a gold-based currency. The system appeared in 2000. It is owned by Goldfinger Bullion Reserve Corporation.
E-Bullion has two account types: Business and Personal. Business account can be opened by companies wishing to use the system as its main payment means. Personal account is an account for ordinary users. Account number along with the password to enter the system forms something like A12345. All transactions are made through E-bullion web-interface.
Special Features and Advantages
E-bullion user can choose one of three options for electronic money storage:
- Gold – in troy ounces;
- Silver – in silver measuring units;
- e-Currency® - in US dollars (connected with US dollar rate)
The first two options the electronic balance changes depending on the world gold or silver prices. E-Currency® balance is connected with American dollar rate and depends thereon.
One of E-bullion advantages for users is its free registration for a national of any country of the world. No special requirements in regard to valid personal information except for address and telephone number are stipulated. One disadvantage of the system is its monthly charge from every user for account maintenance equaling 1/3 gram of gold (about 4.20 USD). Naturally, when gold prices go up, the commission grows. Besides, the commission of 3% is taken to close E-bullion account. The system does not have any partnership program.
There are two ways to withdraw money. First – by check (2$+3%), second, more expensive but faster – Wire Transfer (40%+3%). US citizens can transfer money to E-bullion Debit Card.
Safety and Reliability
E-bullion developers, as any professionals, care for their system safety. In 2002 the company introduced a unique CryptoCard Secure Password Technology for protection. By paying a fee (99.5$) the user gets a crypto-card sent to any country of the world and activates it. When the user uses his/her E-bullion account, he/she enters the account number and the system automatically generates password once it determined the relevancy of the account to the crypto-card. It secures the account from any unauthorized access. Crypto-card users can take advantage of making mass payments. E-bullion gives its users the possibility to accept payments in their web-sites.
E-Bullion has two account types: Business and Personal. Business account can be opened by companies wishing to use the system as its main payment means. Personal account is an account for ordinary users. Account number along with the password to enter the system forms something like A12345. All transactions are made through E-bullion web-interface.
Special Features and Advantages
E-bullion user can choose one of three options for electronic money storage:
- Gold – in troy ounces;
- Silver – in silver measuring units;
- e-Currency® - in US dollars (connected with US dollar rate)
The first two options the electronic balance changes depending on the world gold or silver prices. E-Currency® balance is connected with American dollar rate and depends thereon.
One of E-bullion advantages for users is its free registration for a national of any country of the world. No special requirements in regard to valid personal information except for address and telephone number are stipulated. One disadvantage of the system is its monthly charge from every user for account maintenance equaling 1/3 gram of gold (about 4.20 USD). Naturally, when gold prices go up, the commission grows. Besides, the commission of 3% is taken to close E-bullion account. The system does not have any partnership program.
There are two ways to withdraw money. First – by check (2$+3%), second, more expensive but faster – Wire Transfer (40%+3%). US citizens can transfer money to E-bullion Debit Card.
Safety and Reliability
E-bullion developers, as any professionals, care for their system safety. In 2002 the company introduced a unique CryptoCard Secure Password Technology for protection. By paying a fee (99.5$) the user gets a crypto-card sent to any country of the world and activates it. When the user uses his/her E-bullion account, he/she enters the account number and the system automatically generates password once it determined the relevancy of the account to the crypto-card. It secures the account from any unauthorized access. Crypto-card users can take advantage of making mass payments. E-bullion gives its users the possibility to accept payments in their web-sites.
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Added: 22-07-2008
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