> From: "Danny Van den Berghe" <[EMAIL PROTECTED]>
> Subject: [e-gold-list] Re: repudiable payment system
> 

> 
> For example Merchant offers a book for sale on his site, and you can pay with
> repudiable e-gold with a chargeback period of 15 days (merchant can choose the
> period), you can also pay with non repudiable e-gold at a slightly lower
> price.


In your scenario, there is a 15 day chargeback window. So someone orders a
book, and the merchant ships it out before the 15 days are up to the
customer. But why would I as a merchant accept this if after they receive
the merchandise they can suck the e-gold back into their account, and given
the nature of e-gold, disappear without a trace?



- John

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http://cambist.net





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