Is it secure to pay by e-gold? Urgently need your help.

[owntype]

I am looking to buy a domain name, and the seller only accept e-gold.

To be honest, the asking price of the domain name is only 20% of its previous sold price. But yes, the seller owns this domain name for sure.

Just wanna know is e-gold secure? if I paid but didn't receive the domain name (e.g. someone hacked and stole the domain), any way to get refund?

Thank you in advance

 

[DomainMayhem.com]

It's as secure as PayPal. More and more sellers are refusing to use PayPal, so check into the different online payment systems so you're armed with as much knowledge as possible. I use e-Gold myself, it's a good service, and it backs up the funds with actual gold.

 

[owntype]

It's as secure as PayPal. More and more sellers are refusing to use PayPal, so check into the different online payment systems so you're armed with as much knowledge as possible. I use e-Gold myself, it's a good service, and it backs up the funds with actual gold.

Thank you! DomainMayHem

If the seller refuse to transfer the domain name to me, is there any chance to get my payment back?

Thanks

 

[DomainMayhem.com]

I wouldn't think so. With digital goods, it's a whole other story. I have never sold anything digital via e-Gold, so I can't say for sure. But I do know that PayPal won't help you out in that instance either-even if you've documented everything and have proof of the payment, and proof that the seller never transferred the name.

 

[owntype]

Thank you again. Does help!

 

[alanchau]

You cannot reverse an e-gold payment.

If you don't receive the domain, you're pretty much screwed.

 

[HFear]

I'm not sure about e-Gold but if you paid for the domain name through PayPal and didn't get it, then PayPal would allow you to submit a complaint and you'd get your money back.

 

[alanchau]

PayPal usually doesn't issue refunds for domain names since they're intangible.

 

[Sameh]

You cannot reverse an e-gold payment.

If you don't receive the domain, you're pretty much screwed.

That's right.

 

[owntype]

K, thanks again, guys! do need to reconsider my decision

 

[DomainMayhem.com]

PayPal usually doesn't issue refunds for domain names since they're intangible.

Exactly.

 

[Damion]

If there is no way you can trust this person then you need to find a escrow solution either way.
Don't send money if you don't have any confidence the seller will push the domain to you.

 

[Domagon]

20% of its previously "sold" price? ... that alone sounds very shady!

Perhaps not if was sold for $100 or something to begin with, but if the previous sold amount is much larger than that, something seems wrong.

Then add on top of that only accepting e-gold ... yikes!

e-gold is truly non-revocable. Once you send e-gold it's gone - even if you can later prove the domain was stolen or whatever, e-gold will not reverse the transaction ... be very careful!

Furthermore, if the person you're dealing with is not on the up and up, they may send you a bogus e-gold link or even an entire spoof email in an attempt to drain your e-gold account ... again, once gone, it's gone.

Maybe the person you're dealing with is totally legit, but the info you've mentioned raises a lot of warning flags.

Ron

 

[Spade]

20% of its previously "sold" price? ... that alone sounds very shady!

Perhaps not if was sold for $100 or something to begin with, but if the previous sold amount is much larger than that, something seems wrong.

Then add on top of that only accepting e-gold ... yikes!

e-gold is truly non-revocable. Once you send e-gold it's gone - even if you can later prove the domain was stolen or whatever, e-gold will not reverse the transaction ... be very careful!

Furthermore, if the person you're dealing with is not on the up and up, they may send you a bogus e-gold link or even an entire spoof email in an attempt to drain your e-gold account ... again, once gone, it's gone.

Maybe the person you're dealing with is totally legit, but the info you've mentioned raises a lot of warning flags.

Ron

My thoughts exactly. - Deal is too good to be true. Use escrow - or dont fall victim to it.

Justin

 

[htmlindex]

PayPal usually doesn't issue refunds for domain names since they're intangible.

True, same with Web Hosting. Godaddy charged me 1 month of hosing without providing it & Paypal said they can't do anything because no physical goods were involved :td:

 

[weblord]

much secure than paypal i could say, i both have e-gold and paypal account but as I found out anything filed against you, you need to refund, but in e-gold there's no refund whatsoever.
thus no chargebacks
http://e-gold.com/benefits.html

I am looking to buy a domain name, and the seller only accept e-gold.

To be honest, the asking price of the domain name is only 20% of its previous sold price. But yes, the seller owns this domain name for sure.

Just wanna know is e-gold secure? if I paid but didn't receive the domain name (e.g. someone hacked and stole the domain), any way to get refund?

Thank you in advance

 

[Alex]

If you want a cheap escrow solution that is good for any amount of money use Moneybokers escrow. It only costs 1% of the transaction.

And Moneybookers is much more secure than E-Gold or Paypal.

 

[owntype]

If you want a cheap escrow solution that is good for any amount of money use Moneybokers escrow. It only costs 1% of the transaction.

And Moneybookers is much more secure than E-Gold or Paypal.

Thank you, will moneybookers take over the domain name like sedo transaction?

 

[Alex]

I don't think so. They will release the funds only when both parties agreed with the transaction.

The process is descibed here:
http://www.moneybookers.com/app/help.pl?s=escrow

 

[alanchau]

If you want an escrow service which takes control of the domain, use Moniker.