[e-gold-list] Re: ACCT FUNDING

[Eric Gaither, Gaithman's E-Gold Exchange]

PeelPee,

>(me says)  BOLLOCKS ON THE TECHNICALITY, and please >reread where I
>mentioned the part about TRUST! In retrospect, the method is probably
>unsuited for sticklers and worrywarts.

>e-gold DOES rock! ....... cheers!


    Yes, I agree, e-gold does rock!  Unfortunately, I cannot agree on the
"Bullocks on the technicality" part.  As a merchant, I am constantly facing
risks when it comes to accepting credit card payments.  There is SOOO much
fraud out there when scum bags and crooks use cards to buy items, then
"chargeback" the sale (keeping the items) or claim they never authorized the
transaction (again, keeping the items) to have it removed from their bill.

    Trust does go along way in this world (or, should I say USED to go along
way in this world!).  It is unfortunate that our payment systems have had to
go to such extremes to create a system like e-gold, which negates the trust
factor as e-gold payments are always good and non-reputable. Like it or not,
e-gold fills a void that has been created by the loss of that basic
characteristic-- TRUST.  As a merchant, I prefer to accept e-gold because I
have learned (the hard way!) that I cannot always trust the endorser.  I am
sure there are many other merchants out there who can tell you many horror
stories about such incidents with their own businesses.

    It is too bad that e-gold does not have a debit or credit card directly
attached to their accounts.  However, a great new company called Standard
Reserve DOES have that deficiency covered.  IF you would like to sign up for
a Standard Reserve account that DOES have a debit card attached to it, I can
help you with this!  (As well as Graham Kelly's GoldNow company.  We are
both Agents for Standard Reserve now!)

    Best of luck with your on-line ventures!

     Respectfully,

      Eric

----- Original Message -----
From: <[EMAIL PROTECTED]>
To: e-gold Discussion <[EMAIL PROTECTED]>
Sent: Friday, February 02, 2001 11:45 AM
Subject: [e-gold-list] ACCT FUNDING


(Eric Gaither, Gaithman's E-Gold Exchange) Date: Fri, Feb 2,
2001, 10:06am (EST-1) To:  Subject: Re: [e-gold-list] e-gold ACCT
FUNDING



(Eric says) This is technically against the user
agreement of your friend's credit/debit card. Much the same as it is a
"rule breaker" as a merchant to process the charges of a third party
merchant on your own credit card terminal. Your friend, in buying FOR
you on his credit card, then seeking re-imbursement from you with
e-gold, could later claim he did not receive the goods or services he
paid for with HIS card and attempt to "chargeback" his purchase.

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