On Friday, June 27, 2003, at 10:25 AM, Patrick Chkoreff wrote:
Robert is simply suggesting that E-gold and the E-gold exchangers might be more profitable if they make it very easy for customers to get in the door and a bit more than twice as hard to leave.
Actually, I have a more basic question now. I completely forgot what Omnipay's previous pricing structure used to be, before they made the straddle move. I recall that they'd pay me spot and charge me a flat $1 for outexchange, but I don't remember the premium over spot on inexchange. Anybody?
I quickly Googled around to look for outdated web sites referring to Omnipay's rates.
Looks like Omnipay formerly asked spot + 4% on inexchange and paid spot - 0% on outexchange.
Now Omnipay asks spot + 2% on inexchange and pays spot - 2% on outexchange.
So Robert, wouldn't you say that Omnipay has moved in the direction you suggest? Just not as far as you'd like, right?
-- Patrick
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