Buyer protection for E-gold user

labyrinth · 04-15-2007

Just read in some old thread, E-gold not have chargeback option to protect buyer from potential frauds. So curious to know how does e-gold actually protects it consumers from such frauds.

ltjman22 · 04-15-2007

I think they actually have people, not programs that do this for their users on the website!

labyrinth · 04-16-2007

Sorry I didn't get you? Please explain how it is done?

spiderweb · 04-16-2007

Egold blocks egold account holders accused of fraud. That is if there is a justifiable case against an alleged egold account holder. Egold has started its campaign in ridding out questionable egold account holders and has openly stated that information about these account holders are open for scrutiny and for further investigation by concerned authorities.

Positive · 04-18-2007

E-Gold can only block the fraudulent members, you won't even get the money back because it isn't in their policy. The only thing which you can do is precaution. Like never send the money first if you are buying a product or use a third party escrow service.

tycoon · 04-24-2007

this is one disadvantage in having a e gold account , it does not give charge back . but by considering the other advantages this can overcome it

IrDA · 04-26-2007

E-Gold offers less security for buyers but major security to sellers. One good thing for buyers would be to use escrow service to prevent fraud.

mari_123 · 04-27-2007

All they will do for you is ban the seller. But that is no way going to get you back your drowned money.

Xahid · 05-25-2007

Chargebacks are not possible in egold. If you see their homepage closely, they mention that there is no chargeback. It might be better for buyers but for sellers who get victim of fraud, it is not very good.

creativity · 06-22-2007

Yes, i too think E-Gold offers less security for buyers but major security to sellers and yes, Chargebacks are not possible in egold. I think this is the main disadvantange in it.

04-15-2007	#1 (permalink)
labyrinth Junior Member Join Date: Apr 2007 Posts: 18 Rep Power: 0	Buyer protection for E-gold user Just read in some old thread, E-gold not have chargeback option to protect buyer from potential frauds. So curious to know how does e-gold actually protects it consumers from such frauds.

04-15-2007	#2 (permalink)
ltjman22 Senior Member Join Date: Apr 2007 Posts: 409 Rep Power: 0	I think they actually have people, not programs that do this for their users on the website! __________________ Myfishsite Fishing Forums!

04-26-2007	#7 (permalink)
IrDA Senior Member Join Date: Apr 2007 Posts: 275 Rep Power: 2	E-Gold offers less security for buyers but major security to sellers. One good thing for buyers would be to use escrow service to prevent fraud. __________________ No Siggy

04-27-2007	#8 (permalink)
mari_123 Senior Member Join Date: Apr 2007 Posts: 110 Rep Power: 2	All they will do for you is ban the seller. But that is no way going to get you back your drowned money. __________________ #include<iostream> using namespace std; void main() { while(1) { printf("hello world!"); } }

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04-16-2007	#3 (permalink)
labyrinth Junior Member Join Date: Apr 2007 Posts: 18 Rep Power: 0	Sorry I didn't get you? Please explain how it is done?

04-16-2007	#4 (permalink)
spiderweb Junior Member Join Date: Apr 2007 Posts: 15 Rep Power: 0	Egold blocks egold account holders accused of fraud. That is if there is a justifiable case against an alleged egold account holder. Egold has started its campaign in ridding out questionable egold account holders and has openly stated that information about these account holders are open for scrutiny and for further investigation by concerned authorities.

04-18-2007	#5 (permalink)
Positive Junior Member Join Date: Apr 2007 Posts: 15 Rep Power: 0	E-Gold can only block the fraudulent members, you won't even get the money back because it isn't in their policy. The only thing which you can do is precaution. Like never send the money first if you are buying a product or use a third party escrow service.

04-24-2007	#6 (permalink)
tycoon Junior Member Join Date: Apr 2007 Posts: 22 Rep Power: 0	this is one disadvantage in having a e gold account , it does not give charge back . but by considering the other advantages this can overcome it

05-25-2007	#9 (permalink)
Xahid Senior Member Join Date: May 2007 Posts: 110 Rep Power: 1	Chargebacks are not possible in egold. If you see their homepage closely, they mention that there is no chargeback. It might be better for buyers but for sellers who get victim of fraud, it is not very good.

06-22-2007	#10 (permalink)
creativity Senior Member Join Date: Jun 2007 Posts: 100 Rep Power: 1	Yes, i too think E-Gold offers less security for buyers but major security to sellers and yes, Chargebacks are not possible in egold. I think this is the main disadvantange in it.

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