One of the leading digital currencies on the Internet today, is ten years old. The following press release by BusinessWire drives home the point:
January 11, 2007
e-gold® Celebrates Ten Year Anniversary
MELBOURNE, Fla.– e-gold, one of the world’s foremost Internet payment systems, celebrates its tenth anniversary this month. As the pioneer of Internet payments, e-gold has flourished due to its strong fundamental principles of freedom from default and finality of settlement. e-gold has settled over 70M transactions, serves customers in 165 countries, and holds nearly 3.5 metric tonnes of gold.
e-gold has continued to successfully serve its customers, while other payment systems have come and gone losing millions of investment dollars. e-gold has always held true to meeting its User obligations. When merchants are paid they stay paid, and consumers can make payments without compromising their personal information online.
Dr. Douglas Jackson, founder and CEO of e-gold, commented on this milestone for his company: “It has not always been easy, but we have never deviated from our original vision. While we have seen others fail, we remain highly committed to the goal of bringing, for the first time in history, to people of any financial means across the globe, a secure payment mechanism at a fraction of the cost of any other system.”
e-gold is all about security. e-gold is a robust, secure system including its AccSent program and Secure Random Keyboard that combats password theft and unauthorized account access. e-gold represents one of the most secure mechanisms available to hold and transmit value across the internet.
e-gold is about privacy, but it is not anonymous. e-gold users can be assured that their online transactions are private, but those who may wish to hide illicit transactions should know they are not anonymous. e-gold’s advanced investigative protocols will identify and stop illicit users.
e-gold is about low costs. For any transaction, from micro payments to large values, e-gold is the lowest cost payment system available. And unlike charge cards, e-gold has no risk of chargebacks. e-gold is truly global, operating in nearly every country, offering isolation from fluctuations in individual national currencies.
Despite being new, innovative, and sometimes misunderstood, e-gold has thrived to become one of the world’s leading payment systems. Ten years old this month, e-gold is eagerly looking forward to the next ten years. For information, call US 1-321-956-1200 ext 127 or visit www.e-gold.com
e-gold is an alternative payment system that mobilizes the value of gold, as money, for Internet payments and funds transfers. e-gold builds upon the fundamental strength in proven customer demand for gold as a secure store of value. All e-gold is backed by a 100% reserve of physical gold in recognized repositories. e-gold offers customers a secure and robust payment system that minimizes exchange risk, operates globally 24/7, has finality of payment with no chargebacks, uses automated interfaces, and is low cost. Operational since 1996, e-gold has settled over 70M transactions, serves customers in 165 countries, and holds nearly 3.5 metric tonnes of gold.