Who are we?
The London Gold Exchange is the World’s largest and most established trader of Digital Gold and Silver (also known as e-currency, Digital Currency or e-money). We are a reputable independent international business with offices in Europe and Asia/Pacific.
What do we do?
We are a licensed and accredited Digital Gold and Silver Exchange Provider (or Market Maker). Our service gives you a quick, easy and most importantly, safe method to get DG&S in or out of your account. …read more

I blogged yesterday about the those that have written into me about a fake moneybookers scam.
http://www.bizzia.com/adding-value/
Adding value read this and comment on it if you have suggestions.
These people were scammed because they received an email identical to the moneybookers one and took it as the original, it was actually a faked page which looked identical.
Today I want to talk about online security with moneybookers, pay pal and others.
What should you expect to receive from them?
Rule number one
Any mail you get, first check the address it came from, that’s the first clue. …read more

This is a kind of unofficial poll to find out which online payment company is rated best.
These are the criteria:
1. ease of use, functionality and options.
2. service level, charges/cost and market share.
3. security, support and reliability.
4. ethical, regulated and financially sound company.
So which online payment company does these best for you.
Leave a comment and tell us your experience for the benefit of our readers.
Moneypenny

Should we be worried about the financial markets? Well I think so. When companies like Lehman Bros lose 50% of their share value for the first time in their very long history, and then start scrabling around trying to raise money on the stock exchange. When major banks are being bailed out by reserve banks. When many shares are in freefall due to the jittery markets, and when the price of oil is just on a drunken rampage full of its own importance and value. When world powers can’t find a workable alternative solution to the oil producing states …read more

Here’s one for  all you gold people.  Just another of the many messages to arrive in my mailbox on a daily basis,
which  make little or no sense.
So the first person who can write in and tell me what this scheme is about or not, will win an all-expenses-paid trip to the moon in 2020. The winner will also be crowned the “smart alec” of the month.
Answers on a postcard.. no rather send me a comment here, as quick as a flash.
Moneypenny

ALLUVAIL GOLD for sale.

To:
 jessicabeloved00@yahoo.com

#message64191232578246665021371117047946834560608171 { overflow:auto; visibility:hidden }

Dear sir

Its with pleasure that I write to inform you …read more

A warm wish to all those on b5media, and of course our readers, remembering the fallen on this Memorial Day 2008. May all those who served and are serving, be remembered. Here’s the link to participate http://www.nationalmemorialdayparade.com   Last week I wrote on web money http://www.bizzia.com/webmoney-online-payments/  and  it seems that every month, there’s a new way to pay on-line. Are these virtual companies using our money held-on-line to trade with? Are they using customers online funds to raise capital to trade with. Ask some finance wizzes or a group of investment bankers, and they will tell you that for the small benefit of giving customers an alternative to using credit …read more

The April issue of  DGC mag featured an article on the growth of the online payment company web money, and since we have been focusing on paypal, moneybookers and others this month, I thought it would be interesting to see how moneyweb shapes up, and what features they offer compared to the others, I covered in my last post.  Do you have a money web account? Write and tell us your experience with them.
 Thankyou to Mark at DGC mag for content and graph. http://www.dgcmagazine.com
Webmoney Shows Huge Growth In 2007

This month Webmoney Transfer announced their 2007 annual numbers and included some additional company information. …read more

Paypal at present has over 120 million customers that use its services. Customers ranging from large companies who do thousands of transactions to individuals who just want to occasionally send and receive money on line. So how does paypal measure up to the banks we have been using for 100’s of years?
Well, at first glance, Paypal may seem to be the cheaper option. Yet payments are levied by paypal to receive or (bank) money. Converting from one currency to another will also cost you money, so what are the advantages over a traditional bank? Good question!
Accessibility may be one, although most major banks have been offering …read more

This link on Paypal customers and their payment preferences, ties in rather nicely with a theme we’ve had here on digitalmoneyworld in the last week. That of security, and in particular, data security with any online payment system.
Weve spoken about scams, both with traditional banks in my last post, and also companies like moneybookers and the spammers and scammers that try to steal  your information.
The golden rule in protecting yourself here seems to be “think twice before you give out your personal information“.  How safe is it?  Where will it be used and stored, and most important, is the company/person  asking for it actually who they say they …read more

According to the twitter and newspeak I hear, spammers and scammers are getting evermore present even after the biggest spammer of all time was arrested. One has to use firefox to try and weed some of them out. If you belong to google groups, yahoo, facebook or where-ever, and lets face it, most of us do, you’ll get scam mail, lots of it.
So how do you protect yourself? Because people really do fall prey to these scams.
Number 1 rule  
Banks do not contact you by e mail. If you bank on-line, you have a password to enter the system and that’s part of your security, and …read more