advice for e-gold users using ptr
By mohsin3161
@mohsin3161 (654)
Pakistan
December 19, 2006 5:55am CST
if you are using e-gold as payment processor you should take care of fact that they charge you 5% till 0-65$ so ewhen ever you request pay out do in multiples of 20 cents i.e for 20cents deduction will be 1 cent for 21 cents it will be 2 cents simmilarly ror 40 and 41 so on
2 people like this
6 responses
@unisis (1673)
• Indonesia
17 Jan 07
i have been e-gold member since 2005,last time e-gold charge for lest than $10 is $0.1 and if more than $10 charge you 1 % is this the new rule of e-gold cause i just visited e-gold this month
@mohsin3161 (654)
• Pakistan
17 Jan 07
The rules are listed but they are in terms of % and one cannot understand it immediately you have to look closely to find what its saying!!
@julie0825 (1414)
• Philippines
17 Jan 07
I JUST SIGN UP MY E GOLD ACCOUNT SO I AM NOT OF THAT YET - THANK U FOR SHARING
@Magnum13 (47)
• Pakistan
17 Jan 07
same here julie. but i m still confused .. how do we get tht payment.. i mean i was really confused which way to select for getting the payment.. as they say they deal in different weights of gold.
lemme get my question to the point.
we signup on their e-gold website ok? so when we are going to get paid.. how do we recieve tht payment? they have clearly said tht they pay in gold. will they shop the amount of the gold to me? or wht?
if any1 has an answer to my question plz reply to it.. as this is my first time i m into this kinda thing..
@ghalayini (122)
• Australia
17 Jan 07
I have given up on e-gold and now just use paypal. I didn't like the fees plus using paypal for ebay purchases was much more convenient than trying to work out ways to exchange the egold.
@mohsin3161 (654)
• Pakistan
11 Jan 07
I dont understand i have already shared my thoughts read my post carefully
@stonehr (818)
• Croatia (Hrvatska)
17 Jan 07
Don't worry so much about e-gold fee because they aren't so much high. What 5%? If You got payout from my lot You can't have 5% fee on e-gold. The value of how much fee will be deducted depends of amount of money what's recieved. 5% fee is for very small payments.
If You've recieve amount in range 0.004 - 0.1 gram fee is 5% + 0.0002 gram.
0.1 gram equal right now to about $2.00 . Right now one gram of e-gold equal to $20.062
So You can't recieve so low $2.00 payout.
In range 0.1 - 0.5 gram fee is 1.25% + 0.00375 gram . So this is if You recieve $10 payment. So if You got payout more than $10 will incur next charge.
In range 0.05 - 1 gram fee is 0.01 gram. This equal to $0.20
If You got payment between $20.062 and $100 will incur next charge
In range 1 - 5 grams fee is only 1%
For payment over 5 grams or over $100 will incur charge of 0.05 grams what equal to $1.
