Hi guys,
an online friend of mine introduced me to another friend who has servers in russia, but no website. He says he's trust worthy but I just have hard time trusting people FIRST then finding out later if they are trust worthy or not.

Is E-gold safe to use since he wants me to send him the payment via e-gold? I offerred paypal but he said paypal does not allow withdrawls to russia his country.

Anyone know how I can safely and surely pay him monthly without risk of being cheated?

Thanks.

E-gold is a big and established processor with thousands of customers, so there should be no problems using it.

If you don't see the warning flags there, then no amount of advice that we give will help you out, unfortunately.

No website = not good. How would you be able to research this company's presence?

Gut feelings are your best source of information. If you're not comfortable about the whole scenario now, what would make that change later?

Always trust your first instinct.

true, i don't know, everything i know is telling me not to have faith, but for some reason I always try to see the best in people, if they say they are honest then I have no reason to not believe them until they decive.

You know? I don't know what i'm going to do yet, we'll seee...

e-gold transactions are non reversable, when you send funds and they do not deliver you what they promised you can not do anything to get your money back.

"an online friend" referring to another "online friend", you're dealing with two people you've never meet in person, you're going to take a server from someone not in the dedicated server business, with no website, and probably no physical address/telephone, and you're going to pay is a non-reversable payment method, hmm.. yeah go for it sounds safe.. seriously now, wake up! they're are plenty of decent dedicated server providers out there, even if your content is questionable I'm sure they're are off-shore companies that have some credentials. see the best in people? you'll learn a lesson pretty quick, I just hope it doesn't cost you too much.


if they say they are honest then I have no reason to not believe them until they decive.


What makes you think they are honest up until this point? If they're so honest and you express your concern, then maybe they'll I'll let you pay a month in arrears.

i think it is a good co.

I personally would not trust anybody claiming that he's from Russia and only accept payment via E-gold. You have near to zero protection because you can never trace who's on the other side. You can't even chargeback because you can't fund your E-gold account by using a credit card.

I've seen a lot of them (especially in auction sites) selling items at ridiculously low prices to attract people dropping into their *trap*.

I'm not saying that this must be fraudulent. However I would not do business with him if I were you, seems very high risk to me.

Originally posted by cyberultra
I personally would not trust anybody claiming that he's from Russia and only accept payment via E-gold.

Huh, don;t like russians?:eek:

mouseattack,

While e-gold itself is anonymous, how you are going to believe that particular person is trustworthy by way of only option for finding an exchange service that offers that same anonymity. Even after all you’re going through same transaction mode, I think that changing your funding numbers request through e-gold is not so easy.

it is very good service

Guys,

I have always stayed clear of E-Gold. I have a colleague who used it regularly and then installed some gaming scripts on his servers that would only accept E-Gold as payment.

After a couple of weeks the system was hacked and they wiped out the E-Gold accounts of my colleagues. He was not impressed.

Also E-Gold is very difficult to fund with very high overheads. You need to buy real gold from brokers and they charge hefty comissions. I gave up as the whole process was a bit long winded and complicated.

Stick with PayPal.......

Jeff

I personally would not trust anybody claiming that he's from Russia and only accept payment via E-gold.


E-Gold is easily cashed to Russia, while Russians dont even have an acess to PayPal.

2 author:

Seems like he offered a nice powerful server for the price of 100 USD right ? ;) You can use WebMoney to pay him. There are many really trusty exchange companys that exchange e-gold on WebMoney. All you need is to create a special wallet in WebMoney system after what you will be able to do secure transactions. Under secure i mean, that your transaction can be coded with the password and if he delivers you the servers, you just tell him the password and he gets the money. Ask him if he can work this way.

Originally posted by digibiz

After a couple of weeks the system was hacked and they wiped out the E-Gold accounts of my colleagues. He was not impressed.

Maybe they accidentally logged into a phising site like : E-QOLD.com

See
http://www.webhostingtalk.com/showthread.php?s=&threadid=419760

for more info.

Their major drawbacks are that the payments being made to account numbers; you don't see the name of the recipient due to its anonymity. Payments are non-refundable. If you pay the wrong account by accident, it's too troublesome.

Originally posted by muji
E-Gold is easily cashed to Russia, while Russians dont even have an acess to PayPal.

2 author:

Seems like he offered a nice powerful server for the price of 100 USD right ? ;) You can use WebMoney to pay him. There are many really trusty exchange companys that exchange e-gold on WebMoney. All you need is to create a special wallet in WebMoney system after what you will be able to do secure transactions. Under secure i mean, that your transaction can be coded with the password and if he delivers you the servers, you just tell him the password and he gets the money. Ask him if he can work this way.

True- Russia accepts WebMoney payments, as I know webmoney is russian-ukranian service. But why d'you think that webmoney is more reliable than e-gold?

Overall a major drawback of online business/ e-commerce is that there is no any firm policy to protect both the client and the businessman.

True- Russia accepts WebMoney payments, as I know webmoney is russian-ukranian service. But why d'you think that webmoney is more reliable than e-gold?


Because it has a password protection on any transaction, so if he dont deliver you the product you simply dont tell him the password and your money returns back. Also while making a password transaction you can adjust the ammount of time it will be waiting for password. If this time passes and product is not recieved, you just get your money back. Those password cant be hacked, unless you do a pass like qwerty or 1234.

Also if he is trying to match some password after 5 failed entrys the transaction is canceled and a the money owner recieves them back.

Originally posted by muji
Because it has a password protection on any transaction, so if he dont deliver you the product you simply dont tell him the password and your money returns back. Also while making a password transaction you can adjust the ammount of time it will be waiting for password. If this time passes and product is not recieved, you just get your money back. Those password cant be hacked, unless you do a pass like qwerty or 1234.



What if the buyer received the items and lies that he/she did not
receive the items? Or what if the buyer refuses to give the password to the seller after he/she received the items? :confused:

I am sorry, you are talking about Webmoney, not e-gold?
right? Muji..

About recieving the items its same with any processor. There must be a confirmation- that the sender may check.

I am sorry, you are talking about Webmoney, not e-gold?
right? Muji..


Yea i am talking about WebMoney. Mostly the buyer makes a pre-pay of 25 %.

Originally posted by muji
Yea i am talking about WebMoney. Mostly the buyer makes a pre-pay of 25 %.

I see, I am curious who are the popular processors in Russian Federation? Is Webmoney the most popular processor in Russian Federation?

I see, I am curious who are the popular processors in Russian Federation? Is Webmoney the most popular processor in Russian Federation?


Web Money is not a processor, it is an e-currency. What comes to the popular processors, know nobody who is processing with them, since nobody is willing to pay taxes ;)

Originally posted by cavalry
I see, I am curious who are the popular processors in Russian Federation? Is Webmoney the most popular processor in Russian Federation?

Seems that Russia is supported just by E-gold and this e-currency- Web money. Know any other?

Originally posted by Sidorino
Seems that Russia is supported just by E-gold and this e-currency- Web money. Know any other?

I think Moneybookers! :)

What do you think? Muji

Hm, need to check their zone of coverage ;-)

From what i knew, forgot many and many others ...

moneybookers.com
e-port.ru
goldmoney.com
netpay.tv

Never use them, but i heard a lot of people use this, something must be good.

Originally posted by seanwangdesign
Never use them, but i heard a lot of people use this, something must be good.

Strange post:emlaugh:
Anyway, muji, as i know 99% of russian stores don't use even web money system, so all those processors are used by 10-20 clients, and not more than that :emlaugh: . They use only cash payments to buy goods. No CCs.

used by 10-20 clients


You know nothing since i am Russian.

So you say that goldmoney.com and e-port are popular?
But why 99% of russian online stores process only cash?

Originally posted by muji
You know nothing since i am Russian.

And please don't be rude, this is not the way how business should be done..;)

But why 99% of russian online stores process only cash?


I wonder how you gathered this iformation ?

I have some clients from Russia, Moscow.
And I was studying Russian market as it is a good perspective for e-biz.

Originally posted by muji
I wonder how you gathered this iformation ?

So you say this is not true?
Could you please give me a list of stores working with processors you've called?

If you will pay the time i will spend, i would surely do.

You've started this argue and you can't stand it, fun ;)

You've started this argue and you can't stand it, fun


First off this is not an argue, since for somebody situated outside of Russia you talk too much. You start annoying me really if you will keep acting like a child, i will start a real argue, that can affect your business, so please keep the posts in-topic related.

Muji, stop it. I know what I'm speaking about and if you can't provide us with any facts that contadict my words, let's close the theme.

Shops that work with webmoney :

http://www.megastock.ru/asp/shopsAllGroups.asp?gid=59

Shops that work with e-port:

http://www.e-port.ru/shop/seeshops2.cp

Shops accepting yandex-money:

http://money.yandex.ru/?id=157291&op=mts

Systems exchanging almost any e-currency into webmoney, yandex-money and e-port :

http://www.webmoney.ru/wminouttrans1.shtml

Ok now you like it ?

BTW Sidorino can you tell me why you were studying the Russian market ? you expected to bring your merchantboss into russian shops ? why should we use a low-quality service with weak support and dumb agents ? Hey you dont pay also ! We got many our own cc-processors, wanna take a look at a big list ?

Oh and dont tell me i didnt warn you !

This are not processors, this are all e-currencies, working with small shops.
But if you are that affected, we may close the theme.

Services provided by MB are very good qulified. And system has no analogues on e-commerce market, So all the info you've provided about MB is false.
I was studiying Russian market because of my personal interests, and there's no connection with MB.

Hope the question can be closed now. ;)

This are not processors, this are all e-currencies, working with small shops.


If 5 biggest mobile services providing companys in Russia can be considered " small shops" then i just dunno what cha call a big shop ?

Now you need processors ? Well here they are :

www.rapida.ru
www.cyberplat.ru (biggest shops run on it)
www.korona.net
www.bashcard.ru
www.assist.ru
www.e-sapsan.ru
www.evropay.ru

Now go to google search apge by this link :
http://www.google.ru/search?hl=ru&q=%D0%BF%D0%BB%D0%B0%D1%82%D0%B5%D0%B6%D0%BD%D0%B0%D1%8F+%D1%81%D0%B8%D1%81%D1%82%D0%B5%D0%BC%D0%B0&lr=

and enjoy the search results of 209 000 matches.

Adios.

These providers accept payments from those e-currencies it's true but big shops don't use those services.
Thx for providers list.

I am from Russia.
There are no problems to accept payment from any country, any way, except PayPal
Processors:
Assist.ru - accept Visa, MasterCard, e-currencies
cyberplat.ru - - accept Visa (MasterCard - I do not remember)
chronopay.ru (russian mirror chronopay.com)
Many in Russia use 2checkout
Less popular, but too are used:
stormpay, moneybookers, ikobo
There are no problems to accept payment by wire transfer or the check
And of course Western Union, Moneygaram, Contact, Anelik
In general the same ways as well as all over the world.
I have 3 internet-shops. I accept any kinds of payment, but basically it is credit cards and wire transfer.
As to payment e-gold, webmoney etc.
In Russia if the seller accepts ONLY e-currency - it is not considered reliable.
I personally would not began to business with this seller.
It or very much the young man who is not having the bank account. Or tries to resell someone's goods. Probably and scam.
As to scam in Russia - it is no more than in other country.
Results: the normal seller from Russia can accept any kind of payment.
Problems can be only with PayPal
Sorry for my bad English.

These providers accept payments from those e-currencies


These providers accept credit cards !

Originally posted by muji
These providers accept credit cards !

Xcuse me, you misunderstood me I meant MTS, Megafon etc. they accept payments using those e-currencies this is what I've meant.

meant MTS, Megafon etc.


They accept credit cards also.

Egold is very good to receive money since there is no chargeback or refund.
But if the account is hacked there is no ways to get back your money.
So be careful when using it.

E-gold account is not really safe. My account was hacked once and can't do anything about it. My advice is, if want to use e-gold for business transaction, never keep a large sum of e-gold in account to minimize the loss if it get hacked.