MinimalFees

Are there any eGold accounts that have free transactions (the equivalent of the personal PayPal accounts versus the fee baring premier accounts). It seems a little harsh that you pay fees no matter what you do when you're only a consumer of other people's goods and may have no choice as to which processor to use.

qqq

eGold doesn't have any free accounts. You have to pay a transaction fee to use eGold. On top of that, the balance in your account is at the mercy of the price of gold so it can go up or down.

matted

They don't offer free accounts I think. A new user is asked to pay a transaction fee in order to use his eGold account, which leads me to believe that the client's transaction fees are for the eGold's commission. That is too much, thinking that eGold earns more than their clients do.

MinimalFees

Having taken a brief look at egold I was unaware of the fact that the value changes. That makes it a completely different ball game as you are now speculating-and that's not good. They are not being fair to customers by not stating this more clearly.

Obi

If you run across a payment processor that does not charge some sort of fee, that is not a payment processor, that is a scam. You have to understand these guys have to charge fees to run there business.

peter

I agree totally! the point with fee's is that the more people that its the only way for that service to make any money at all. I don't mind paying a small transaction fee, as long as the service is good and the fee isn't that big.