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Which is better Digital Gold Currency or PayPal?

Could your web business which currently accepts PayPal benefit from the addition of a digital gold currency? Would your online sales expand if you accepted a digital gold currency like e-gold?

In this brief article we are making a quick comparison of PayPal vs. Digital Gold Currency (DGC).

The focus is on e-gold and drawing some comparisons between the sale of products using PayPal and DGC.

Internet shoppers use PayPal because it is convenient and generally the places they shop online will accept PayPal. This is just stating the obvious. So why does PayPal have 115 million client accounts and e-gold Ltd. just over 3 million? This is harder to explain, but the difference in sales may be explained by the 'convenience factor'.

Most people, especially Americans, are comfortable whipping out their plastic and instantly buying goods. Consequently, it is no hardship to further press that plastic online and use your PayPal account. The familiar credit card to PayPal set up is accepted and comfortable for a majority of shoppers. It is also fast, safe and most would consider it very convenient. Credit card transactions, especially for Americans, are like the old comfortable blanket you have on your couch. It is so familiar and second nature it just feels right to use it. There is nothing strange or unknown about credit cards, you can see their ads on the TV every 15 minutes. American love them and even put their pictures on them.

If fact, from the PayPal web, we can read their Q&A section.

Q. Why should I use PayPal?

A. PayPal is far less time-consuming than making a trip to the bank or writing and mailing paper checks. And unlike checks, which can take days to clear, PayPal transactions clear instantly.

Today, convenience drives online consumers. The convenience of using your credit card with PayPal goes even further, because when you add a card for PayPal purchases, you are also interacting directly with the PayPal web. There is no real mystery to visiting this web and giving them your personal information. One can conclude that shopping with PayPal may be a lot like the exciting casino slot machine. An instant online PayPal purchase provides some measure of instant gratification to shoppers. The ease of use may even have created a kind of 'impulse' online PayPal buyer.

Much different from using PayPal, e-gold accounts cannot be funded directly through the e-gold Ltd. web. E-gold users do not send money and do not interact

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