May 25, 2013
Website merely under maintenance? Entirely gone? Or shut down by the government? These are the questions owners of Liberty Reserve accounts are asking, now that the official site is currently inaccessible.
As of this writing, Liberty Reserve’s official site (www.libertyreserve.com) shows a “Webpage Not Available” error — which could mean that the site may have been taken down or shut down.
October 18, 2007
Money transfer company Xoom.com teamed up with Christine Gambito, better known as Happy Slip, to come up with a funny sketch about a grandmother's problem and how Xoom, of course, solves it.
In the video entitled Lola in Trouble, the characters — all played by Gambito — deal with the money problem of Happy Slip's lola (grandmother) who is in the Philippines.
Watch the Lola in Trouble video below.
My favorite part: "Exh-ooom from the tomb!"
September 5, 2007
Having problems logging in to your e-gold account? You are not alone. Thousands of e-gold users worldwide are recently complaining of such.
Here are some tips that might help unblock your e-gold account.
May 2, 2007
A US Federal Grand Jury indicted last week e-gold Ltd. and Gold & Silver Reserve, Inc. on charges of money laundering, operating an unlicensed money transmitter business, and conspiracies to commit both offenses.
The US government has either seized or frozen the funds of large e-currency exchangers such as 1mdc, Icegold, and AnyGoldNow, among others.
Several e-gold users are having problems accessing their e-gold accounts.
Is the end of e-gold near?
No, err, not yet.
March 30, 2007
Online payment currency e-gold now wants users to add the appropriate Country to the Point of Contact section.
If you just recently logged in to your e-gold account, you will see the note, "Please select the appropriate Country in your Point of Contact data"
Screenshot of the note and egold's explanation of the change after the jump.
February 14, 2007
It’s Valentine’s Day but I’m not in the mood to give love to Xoom.com.
Last Sunday I used Xoom, the money transfer service, to send PayPal funds to a recipient in the Philippines. Yesterday I received an email notification that they are canceling my transaction and refunding my funds.
This was the first time it happened to me, but then again, this was only my second transaction with them. Last week, I made exactly the same transaction without a hitch. I sent PayPal to the same recipient and the funds were deposited to her bank account in just one day. Now, that’s really zoom, zoom, zoom.
But this latest transaction was not. Yesterday, two days after I initiated the transfer request, it got canceled without any explanation. They wrote that the transaction supposedly violated their Terms of Service (TOS). But what exactly this violation was was never explained.
January 13, 2007
E-gold, or egold, is an electronic currency (e-currency) backed by actual gold bars in storage by Gold & Silver Reserve Inc. under e-gold Ltd. It is a widely used online payment method in addition to PayPal.
Here's a quick step-by-step guide on how to register for a new egold account.
Click here to go to e-gold's Account Creation page. (Note that the official site is www.e-gold.com, NOT www.egold.com)
Read through e-gold's Account User Agreement and if you agree with the terms mentioned there, click "I Agree".
Fill up all required information in the New e-gold Account Creation Form. Important details include:
- "Account Name" (name displayed when someone is spending or receiving funds to this account);
- "User Name" (name that differentiates one account user from another);
- "Point of Contact" (used by e-gold to contact the account holder in case of blocked accounts, so these should be accurate information);
- "Passphrase" (equivalent of a password, must contain both letters and numbers, minimum of 6 characters); and
- "Turing Number Entry" (a sequence of numbers shown randomly, this is not the assigned e-gold account number).
Once you have correctly filled up the form, click "Open".
If the registration is successful, the e-gold account number will be sent to the email address mentioned in the form (so make sure this is a valid email address).
Access your inbox to check the e-gold account number. Save a copy of the email so you won't forget your e-gold account number.
Login to e-gold's site by correctly filling in the "Account Number", "Passphrase" and "Turing Number". To prevent keyloggers, trojans, and viruses from having access to your account, always use the SRK function beside the "Passphrase" field.
Congratulations, you can now use your e-gold account!
For a clearer tutorial on the steps to sign up for an e-gold account, watch the video below.
December 20, 2006
Is it the end for scammers, money launderers, terrorists, child pornographers, and credit card thieves now that E-gold announced they are cooperating with the authorities in hunting down these scumbugs? E-gold's announcement was published in an article posted in Wired.com:
The founder of PayPal competitor e-gold has grown tired of the government characterizing his business as a haven for money launderers, terrorists, child pornographers and credit card thieves.
So a year after the Department of Justice raided his offices, Douglas Jackson, president of Gold and Silver Reserve, which operates e-gold, has been wading deep into his customer transaction logs to identify and fight back against people who misuse his system. In the last month, he's blocked about 2,000 accounts from his system, and he's voluntarily turned over detailed account and transaction histories to federal law enforcement. (Emphasis ours)
October 13, 2006
And we thought Stormpay went down together with 12DailyPro. But no, it is very much alive. Alive, kicking, and still operating despite freezing most of its members’ funds early this year and refusing to distribute it back despite a Terms of Service clause providing for such funds to be distributed 180 days after being frozen.
They recently announced that they are lowering their transaction fees, supposedly in a bid to win back customer patronage. Sending Stormpay is still free of charge, but from October 12, 2006, the maximum fee for receiving Stormpay is $1.00 per transaction, regardless of the transaction amount.
Receiving Stormpay funds less than $20 is charged a 2.9% + $0.32 fee and beyond $20, the fee is a flat $1.00.
March 13, 2006
Is EMO heading towards the way of IntGold and StormPay?This week, EMO was slapped a Temporary Restraining Order (TRO) and its assets frozen after it supposedly failed to account for a portion of its customers’ funds.
What’s gonna happen next? Your guess is as good as mine. Read more