However, he forgot to mention the convenience of privacy
A major lacuna in his analysis.
This antique dealer come credit card merchant reseller also forgot to mention the situation when you might sell a highly valuable antique and end up paying 102.25%, because someone used a stolen credit card at your site. In that situation you possible loose your antique and you still have to pay the credit card merchant fees plus a 100% or more charge back fee! You may even loose your credit card merchant account which you paid a high setup fee on.
Why take this risk? When e-gold provides irreversible and instant payments with no risk of charge backs! Perfectly suited to selling valuable items such as antiques in the USA or Asia for that matter!
Only a mad man or a someone with very good credit card verification processes would accept a credit card payment for a valuable item over the Internet.
Does anyone know of any antique dealers that accept e-gold?
Regards,
Joel Bruce
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