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age. This is a large contrast to a PayPal account.

PayPal vs. e-gold Worldwide Users

PayPal offers service to users in 55 countries and regions. E-gold can be used ANYWHERE in the world without restriction. E-gold and DGC accounts are available to anyone wanting to begin accepting Digital Gold Currency in any country around the globe. e-gold is also one of the 4 digital gold currencies accepted by Gold-Cart.com

There are a host of reasons why some Internet users find a large advantage using a DGC over PayPal. One reason, as stated above, may just be the country where you reside or the reason may be defined by your access to local banking faculties. With almost 2 dozen methods to fund your DGC account, exchange agents make it easy for all to use DGC. In the United States today there are an estimated 35 million Americans who do not have a bank account or credit card. Merchants accepting digital gold currency can include this market segment in their sales forcasts. PayPal can not.

Additionally, PayPal merchant fees can be very expensive for the small business person. If you are selling a low priced item of $5 or less, you may want to consider accepting a digital gold currency. The PayPal or credit card fees on small purchases can mount up to a good portion of your net income. However for small sales, transaction fees are much lower using a DGC. Unlike credit cards DGC transaction fees are very low. As an online merchant, if you accepts the sale of a dozen separate one dollar items using PayPal or a credit card, your profit margin will quickly shrink.

Here is a quick comparison:

A PayPal payment coming from a US account to another US user and based on the PayPal Standard Rate (2.9% + $0.30)*

A business receiving a $1.00 sale payment is be charged a PayPal fee of .33$ and the merchant would only receive .67$ net to their account.

An e-gold transaction using the same options (Spend Fees 5% + AUG 0.0002)*

The e-gold merchant receiving this same sales transaction in a $1.00 e-gold payment would only be charged a transaction fee in e-gold .05$ and would net a total of .95$

*http://www.ppcalc.com/

*ht tp://www.e-gold.com/unsecure/f ees.htm

Lower transaction fees is another compelling reason to add DGC to your sales web. When using e-gold instead of PayPal, the saving on multiple smaller transactions is astonishing. Additionally, all DGC payments are non reversible. When using e-gold you are guaranteed against any chargeback's, cancelled sales or fraudulent transactions. There is NO fraud or chargeback's with DGCs.

Taking a closer look at our reasoning and examples used comparing 'PayPal vs. DGC' a strong argument can be made for the use of DGC in addition to or in place of PayPal. While PayPal is a fantastic product, there are millions of Internet users and shoppers around the globe who would greatly benefit from the addition of digital gold currency on their retail webs.
Mark Herpel

mgmt@gold-companies.com

Learn more about this author, Mark Herpel.
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