The new DXSynergy eCurrency is live

http://www.federal-gold.com

Looks very impressive, but to create an account you need to register and hold a DXProfile with DXSynergy which can be done here:

http://synergy.dxsynergy.dxfocus.com

Yes, you need a DXProfile with DXSynergy but No, you don't need to follow the (affiliate) link above to do it.

Just go to http://www.federal-gold.com/ and follow the instructions there.

Have had a look around Federal Gold and it does look like they provide some great payment features so fingers crossed it will do well.

More Information About Federal Gold

Opening a Federal Gold account is free.

It only takes a few minutes to fill in the registration form and from there you will have access to a very important online tool. Simply click the register link and you will be directed to the registration page where you will be able to fill in your details. All information is immediately secured in a central security system and not passed on to other parties.

How secure are your details?

In line with current requirements forms of identification will be needed to have full access to a Federal Gold account all of which helps safe guard all account holders in the modern environment.

With Federal Gold our high level of security doesn't stop with providing the safe guard for your identification and account access it also provides ways to send payments between "buyers and sellers" without needing to give bank or credit card details online.

What can a Federal Gold account be used for?

A Federal Gold account has the benefit of being a world wide form of payment for anyone needing to send money securely to someone somewhere in the world.

With the added security feature of no charge backs or reversible payments there is peace of mind knowing that both the sender and the receiver can use an "escrow" feature option that holds funds between the sender and receiver until both parties are satisfied. This is ideal for auction payments where the money is requested before the product is sent. A seller can add a great confidence boost to the buyer by sending a request to use the "escrow" option when paying for the item.

Ever needed to request money from someone but didn't quite know how to ask? Why not use "Pay Caddy"? A professional way to send a request to a customer or someone that owes you money.

How to fund a Federal Gold account.

An account can be funded using a bank transfer or by having funds sent from another Federal Gold account. By using direct funding from your bank account this avoids the possibility of charge backs and reversed transfer that often follow when using credit cards. Funding a Federal Gold account from a bank account also allows withdrawals to be sent directly to a bank account. Confidence and flexibility is what Federal Gold will strive to achieve for you and once you open and begin to use the feature tools you will see why Federal Gold is the right choice for your online payment service.

Safe Payments.

There are ways to provide a safe and secure online payment between two parties in today's high technology world. Whether it's the sender or the receiver of funds both parties should have equal security with monies credited or debited from their account. Federal Gold has applied a high level of security and offers features to ensure that sending money is safe and that both sender and receiver have satisfaction.

* Identification of account holders (KYC)
* No charge backs and non-reversible transfers
* Anti Money Laundering Policy (AML)
* High level of account access.
* Escrow payment option.

To ensure that any updates or transfers to and from a Federal Gold account are known to you as an account holder there are emails sent to the registered email address notifying of each action.

Escrow Payments

How does an "escrow" payment work?
When there is a deal made to send money to someone for a purchase or maybe you are the winning bid on an auction, the next step is to send a payment to the seller. A seller can send a request to the buyer using "Pay Caddy" that provides all the details of where to send the transfer and "Pay Caddy" can have the "Collect" escrow option set so the buyer can see how genuine the seller is.

By using the "Collect" option it means that the transfer is sent from the buyer's Federal Gold account and remains pending between the two accounts until the seller is notified of the transfer and that the transfer can be "Claimed". When the claim has been made the buyer is also notified and this now means that neither buyer or seller can gain access to the money until both are satisfied.

The seller is now able to send the product to the shipping address of the buyer who is also notified that the product is on its way using a recognised courier service. When the product is received by the buyer it can be inspected to see if the product is what was ordered and if it's to the satisfaction of the buyer the pending transfer is then "Released" to the seller.

If the buyer is not satisfied the payment is not released and either the buyer informs the seller about the issue and a return of the product or replacement may be arranged. The pending transfer can then be released after both parties have reached an agreement or the funds are returned to the buyer's Federal Gold account.

Subscription Payments

If you have a business or a need to receive regular payments from a customer for products or services, then the Subscription payment feature is the ideal service to keep track automatically without you worrying about contacting the customer or someone who needs to pay you on a regular basis. Even if you have a "brick and mortar" store and you have a list of customers that either access products online or receive delivery of products the Subscription payment service can be set to have payments sent to your Federal Gold account.

The Subscription payments can be set in a number of ways to provide access or delivery for almost anything that requires payment. It could be used for rent or lease of a building or downloads of music or videos even end of the month payments for gas at the local station. In stores it could be used for Lay-bys or memberships to a club, almost anything that that needs a daily, weekly or monthly payment.

To help keep track there are emails that can be automatically sent out for late payment or reminders that payment is due. Management of payments is a breeze with a full break down of all payments received and due with all able to be viewed and downloadable in the statements.

Pay Caddy

If you need a payment sent to you from a friend who owes you money or a customer who has purchased something from you or maybe simply someone owes you money why not do it professionally and send them a "Pay Caddy".

Here's how it works.

First you need to have a Federal Gold account, then you add details of the payment you are requesting using the email address of who will be paying you. A particular date and time can be set which could even be on a regular basis. Just set the details and wait for the payments to arrive in your account.

Do they take egold as a deposit?



Not much post about how good this site is yet.

At this point in time they just deal with Bank Transfers

News Article Details

Article ID: 152
Article Date: Thursday May 24th 2007 1:53:00 PM (UTC +11:00)
Article Publication: Public
Article Title: Federal Gold payment service release

News Article Content

The Federal Gold e-currency payment service has been released.
Federal Gold is a stand-alone payment service that provides secure account storage and payment options for anyone to fund an account from a bank and make payment to anyone with as little as an email address or to receive payments from someone around the world.

There are services offered by Federal Gold that an account holder will find ideal to use all within a secure environment that is a step above what is available in the marketplace. The secure escrow payment option is ideal for the auction seller and the advanced subscription feature will be a useful service for the business that has a customer base that needs to make regular payments.

Federal Gold accounts will also be transferable to and from DXSynergy accounts instantly and operate within the DXSystem as a separate currency between account holders.

DXSecurity now operates as a separate service maintaining the security of all account holders’ profile information in a central service that is accessed by DXSynergy and Federal Gold with other businesses being added. This means that once profile documents are accepted by DXSecurity, which operates as the central monitoring service for Federal Gold the authorization only needs to be given when a new account is being created in another portal site.

This flexibility allows for any update to the profile details in DXSecurity are automatically duplicated across to the other portal site such as DXSynergy or Federal Gold.

News Article Details

Article ID: 153
Article Date: Tuesday May 29th 2007 10:46:00 PM (UTC -05:00)
Article Publication: Public Article
Title: Federal Gold InXchanging available

News Article Content

A new DXAccount service function has been released for DXUsers to fund their Federal Gold account from their e-gold and e-bullion accounts.

The DXUser can now InXchange funds from an e-gold or e-bullion account to their Federal Gold account for a 3% fee via a Pass-Through using the DXMerchant Global Network. To find out more check out the link "Federal Gold Pass-Through" that can be found in the DXAccount menu under InXchanges.

The DXMerchants that is linked to receive the InXchange will continue the process and credit the Federal Gold account of the InXchanger.

Funding the Federal Gold account will provide the option to transfer to the DXAccount with the "tagged" Federal Gold funds that will then be able to transfer between DXAccounts, DXPortfolios and out to Federal Gold whenever needed.

The service involves the DXMerchant Network who will provide the InXchange Pass-Through to the Federal Gold accounts.

DXMerchants are able to check out details from the link in the DXMerchant menu.

This post has been edited by Dynamic-Xchange: May 30 2007, 01:07 PM

Federal Gold Pass-Through InXchange Information

DXSynergy, as a central exchange service is providing all DXUsers with the ability to simply and easily transfer funds from their e-bullion or e-gold accounts into the new safe and secure environment of Federal Gold.

How does this work?

It's simple! The steps involved are outlined below:

1. You create a special pass-through InXchange from e-bullion or e-gold.
2. You then transfer the nominated e-currency from your account to the e-currency account of the processing DXMerchant.
3. Upon receiving the e-currency from you, the processing DXMerchant then proceed to create a special Federal Gold deposit which is linked up to the InXchange you created.
4. The DXMerchant will then proceed to complete the deposit by transferring the required funds to your Federal Gold account.
5. At the completion of the transfers, the InXchange is reversed in DXSynergy leaving you with the the funds in Federal Gold.

How much does it cost?

The initial pass-through InXchange has a transaction processing fee of 3.00%.

What is required?

All that you are required to have is an active Federal Gold Account and funds in either e-bullion or e-gold to InXchange.

What if I don't have a Federal Gold Account?

Federal Gold uses the DXSecurity service which means that by being a DXUser you've already partially registered, you simply need to 'Authorize' Federal Gold to access your DXProfile details and you're set. If you want to activate your Federal Gold Account now, click here

Where do I start?

If you would like to create a Federal Gold Pass-Through InXchange now, simply click on the button below!

You can find this information under:

Personal > DXAccounts > InXchange > Federal Gold Pass-Through Information