E-gold or paypal

I started both accounts recently and compared which should I use for a business. Which is a better choice?

The paypal account needs to be verified, but is troublesome to people without credit cards. E-gold does not need any verification but the rates charged for transaction are confusing and are charged by the type of metals. Also, E-gold does not seem to have anyway to withdraw the money in E-gold to a bank account.

In orger to verify my paypal account I need a credit card which I do not have. I can get a virtual cc like www.mygcard.com but the rates are high and i end up paying quite a lot. I think E-gold would be better but does e-gold have a online merchant paying system? Which is better?

 

Go for PAYPAL!

You could buy a VCC here for about $20.Look at the "services" section.

 

All I can say looking at his whois is that his country is supported by PayPal.

 

I am from Singapore, accepted in paypal

 

I would prefer paypal over e-gold because it's more popular. Paypal is accepted in almost all online stores while e-gold is still quite limited. I have both a paypal account and an e-gold account though.

 

Id go PayPal...

 

Using E-gold now.

 

use e-gold with gcard

 

But how do you withdraw e-gold money earned to a bank account? There seems not to have such a function.

 

I prefer Paypal. I havent seen anywhere on E-Gold to have your money to put into your account either.

Even though with Paypal your meant to be able to, I tried and they said the account number was wrong and charged me something ridiculous like $35 and it was the correct number. Maybe my bank doesnt accept them.

 

Paypal offering buyer protection, which is good but for e-gold, sales is final. Usually e-gold is good for gambling related business.

 

Paypal is a best.u cant accept CC through e-gold

 

Paypal is the best, 2Co is ok but I heard people having problems with them

 

there are many egold exchangers in singapore.
you can offer both method to your clients.

 

E-gold?
its a real scam see this www.e-goldstrong.com
but if you dont have CC could use moneybookers
I think its the best

 

I use e-gold ..and are joyful

 

E-Gold is not secure.. Anyone can have it. No jurisdiction govern it. Paypal is much more secure.. U must have a credit card to have a verified account. It based on Anti-MoneyLaundring Scheme.

Anyway.. I used both.....

 

What is an Anti-MoneyLaundring Scheme?

 

Even though paypal are widley accepted they are absolutley awful. Mabye its just me because when i tried to withdraw $4k to my bank they froze my account and are not co-operating to help me get it back but any oppertunity i can i take the paypal alternative.