As recent as the 3rd quarter of 2006, Graphcard users could transfer funds from their Graphcard to Paypal – but not any more. Though it was very handy, for whatever reason, Graphcard has removed the ability of its users to transfer funds to Paypal. Customary to Graphcard, no notice was given before and after.
Before then, I occasionally transfer e-gold to Graphcard, then to paypal. Though the charges were high, I still had to do it, in times of emergencies.
e-gold
Graphcard now forces its users to register a particular e-gold account, with their Graphcard. Perhaps, this might be to reduce the instance of error, on the part of users. Whatever it is, it is always better that Graphcard informs its users, before taking such decisions – if they want to earn more credibility.
What does Graphcard do?
Graphcard acts as a means of payment for 1/3 (250 million) internet users in over 260 countries who don’t have access to traditional credit cards. The market is projected to be one third of the world’s 750 million internet users.
Graphcard enables Internet users to spend cash online. At least a third of Internet users around the world do not have access to the traditional credit cards to pay with. Also those who have credit cards but prefer to pay by cash can do so securely online.
Note: Websites that transfer e-gold to paypal (or vice versa) are very hard to come by. Many of the existing sites claiming to exchange e-gold for paypal, are scams. This might not be unconnected to strict regulations on the part of paypal, and/or high risk of fraud, on the part of e-currency exchangers.
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