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E-bullion business

It seems that every year payment systems one by one try to make new surprises for us. This time the surprise became from popular and known E-bullion payment system which always was considered as closed type payment system which doesn’t put into the own practice any alien business methods and stereotypes. There was set a rumor that E-bullion system is going to follow the well-known E-gold payment processor because these two systems have the same work principles and they are based on one technology. The social majority can think about this situation, “Hm... it is really strange. Why successful and developing company aim to go out from success way?” Unfortunately the recent events explain a lot of these questions and confirm the rumors. On Monday, 28 July 2008, at 6:30 PM there was found stubbed Pamela Fayed, one of co-founders E-bullion. Woman died because of numerous stabs. This news shocked social community and especially the way of murder. There are a lot different hypothesizes about...

The Oldest Payment System

WebMoney appeared in 1998At that time there were not so many people how knew about electronic money and they used virtual payment systemsIn a decade the number of WebMoney users exceeded 4 millionSale and purchase transactions between the users and website owners are mostly engage WebMoney even when the partners are far distant from each other.

What are WebMoneys advantagesFirst of allit is quickSecondlyWebMoney enables seller and customer to interact directly without any mediatorsThirdlyWebMoney allows full automation of internal business processes in Internet shops and save time.

A rather significant part of WebMoney users includes webgames fansThey need an exchanger where they can buy some standard game moneyTraditionally they use WebMoney to that end.

WebMoney in its Broad Concept


WebMoney users call it a payment system for simplifying and better understandingbut WebMoney is the system of title recordingIt uses no electronic currencyAll settlements and payments in WebMoney use money unitsThese units are the guarantees of material values and the confirmation that the values belong to a certain person.

WebMoney functional possibilities have already gone beyond Internet payments long agoThis system may be used for immediate money transfers in real timeWebMoney is suitable for settlements in Internet shops and web-sitesfor credit and cell-phone payments.

Some think WebMoney is mostly used for micropaymentsCompared with postal and bank transfers WebMoney are far quicker and saferBesidesthe commission does not depend on the amountThe charge is 0.8%.

This ‘virtual money’ has no real guaranteeEvery country has its WebMoney representative officeThis system of title recording legally exists in every second developed country of the world.

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