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Paying by the gateway should be very profitable |
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09-15-2005, 12:26 AM
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VIP Investor
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Join Date: Nov 2003
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Paying by the gateway should be very profitable
I didn't really understand this until I read a post at dx4d. I am plugging this into this negative soup because I think we need a little positive to make the stew bubble better here.  amy
Quote
Its simply a gateway between the business and their ecurrency accounts or bank accounts etc. When someone pays through the DXGPC eg egold, it goes through the gateway, but to the business' own egold account. DX then sends an email to the business to tell them the payment has been received and what its for. It is then entered in their logs online. The business has all their logs online in one place, saves checking a dozen different accounts. Then, instead of having to take their egold out to their bank so they can spend it properly (usually costly) they can collect a bonus by inxchanging the egold into dx and then outxchange it to wherever they want to. In effect earning a small profit for getting their money to where they want to.
End quote
and a friend of mine who is not in DX said this
So a vendor could allow people to pay via the DX gateway the customer could buy using egold, intgold, netpay, EMO, etc etc and then the vendor could inexchange to DX and transfer it to their bank account
end quote
I know is it slow now and a lot of folk are tired, bored, depressed, wanting action etc. but action is coming. Let's just be positive. It doesn't hurt.
How about all your bored math people figure out how much vendors will make say if they get paid by egold 100$ for a subscription. Factor in the saving they get not having to pay a merchant, factor in the POX bonus and the BT autoin bonus. I"d like to be able to have a rough estimate of how much people could save using DX to out/x to their banks. BTs are moving well for me still. We are almost fully trained and now just waiting to go public. I am very excited and hopefull about DX. So lets be smart and be ready for action. How is that for cheerleading, eh? lol  amy
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Re: Paying by the gateway should be very profitable |
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09-15-2005, 12:30 AM
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Amateur Investor
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Join Date: Sep 2003
Posts: 73
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Re: Paying by the gateway should be very profitable
I see what this is doing... introduce some payment console and entice the merchants to put money into the DXIO grand pot to process a DXPGC ClaimX, which starts a OutX ping-pong to the person who gets the lucky AIX.
If people are willing to use this tool, I do see more money being put into the system and the speed increasing.
That's hot,
-d
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Re: Paying by the gateway should be very profitable |
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09-15-2005, 12:33 AM
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Join Date: Sep 2005
Posts: 282
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Re: Paying by the gateway should be very profitable
No businessman would be silly enough to do that!
List an OUTX and wait for two months? No!
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Re: Paying by the gateway should be very profitable |
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09-15-2005, 12:46 AM
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Re: Paying by the gateway should be very profitable
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Originally Posted by muscleman
No businessman would be silly enough to do that!
List an OUTX and wait for two months? No!
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Of course that is not the plan. BTs are the fastest thing I have going up here in Canada and other places just take a few days too. I'm not sure where you live but I know the issues about America. Once the volume picks up though those concerns will not be important. Remember they have not gone public yet. This system is huge and it takes a long time. You have to be patient, it is like a big puzzle. I sometimes love a good puzzle other times I give up in dispair, (blues skies pieces drive me bonkers! lol).
I think that is what DX is like for some people. Some people have no time or patience for puzzles. DX does not expect business men to do puzzles. They expect us the Beta Testers to though. I think that is where some of you have fallen off the bus. You just don't get it. YOU are a beta tester. YOU are not in some get rich quick HYIP. YOU will have your money disappear, reappear, double and triple by accident and then months later be corrected. DX will not jump to YOUR impatience. They will not be forced to some time line that YOU have. They do not care that YOU have bills to pay, parties to go to or YOUR sick. DX does not revolve around YOU and YOUR preconcieved conceptions of how DX should operate for YOU. Do YOU get it now?  amy
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Re: Paying by the gateway should be very profitable |
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09-15-2005, 12:41 AM
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Re: Paying by the gateway should be very profitable
It is very hot and we just have not got all the pieces yet of the puzzle. For example I think I read the business's do not have to open portfolios/pay oa fees etc. Can't remember where I saw that but...
DX is going to streamline for the business people. DX has some sort of business area/tools etc. that make using DX very easy. I can't grasp the big picture yet but it is forming.
For example say you have a business with 6,000 members all paying 139$ in egold or intgold or emo etc. and you want this to go into your bank accounts. You inxch and out/x to your Bank or Process out/x to your float and then you have your float on BTs only and BT autoins come pretty regularly at least up here in Canada.
I see concerns in America but BT autoins happen and if things pick up enough I'm sure US merchants would be willing to pay wire transfers for 5,000 and up exchanges. We are always on the lookout for good cheap american banks. So if anyone has one please post and comment and keep an eye on the BT forum in dx4d.
DX says BT are going to be the most business. They have a plan and they are working on it. They will be here next month and next year they are not going to give up even if we all sit on the fence. They will just keep plugging away with those of us who are positive and want to follow the dream. Get on the bus or off the bus! lol I'm riding this one all the way to the end of the line and they will have to pry me out with a crowbar! lol  amy
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Re: Paying by the gateway should be very profitable |
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09-15-2005, 04:14 AM
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Investor
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Join Date: Sep 2005
Posts: 282
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Re: Paying by the gateway should be very profitable
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Originally Posted by Braveheart
It is very hot and we just have not got all the pieces yet of the puzzle. For example I think I read the business's do not have to open portfolios/pay oa fees etc. Can't remember where I saw that but...
DX is going to streamline for the business people. DX has some sort of business area/tools etc. that make using DX very easy. I can't grasp the big picture yet but it is forming.
For example say you have a business with 6,000 members all paying 139$ in egold or intgold or emo etc. and you want this to go into your bank accounts. You inxch and out/x to your Bank or Process out/x to your float and then you have your float on BTs only and BT autoins come pretty regularly at least up here in Canada.
I see concerns in America but BT autoins happen and if things pick up enough I'm sure US merchants would be willing to pay wire transfers for 5,000 and up exchanges. We are always on the lookout for good cheap american banks. So if anyone has one please post and comment and keep an eye on the BT forum in dx4d.
DX says BT are going to be the most business. They have a plan and they are working on it. They will be here next month and next year they are not going to give up even if we all sit on the fence. They will just keep plugging away with those of us who are positive and want to follow the dream. Get on the bus or off the bus! lol I'm riding this one all the way to the end of the line and they will have to pry me out with a crowbar! lol  amy
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OK. I understand.
Well, I will only say DXIO is not a ponzi with the following criterias:
1. INX bonus is smaller than OUTX fee.
2. money flow of DXbusiness is seperate from that of DXpersonal.

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Re: Paying by the gateway should be very profitable |
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09-15-2005, 12:49 AM
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Senior Investor
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Join Date: Jan 2005
Posts: 546
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Re: Paying by the gateway should be very profitable
Thanks for the info, Amy. Of course it IS speculation. But ALL of DX is a guess. I'm hoping it does work out. What are they going to do about the businesses who do a quick Google search and read all the complaining about everything from Ponzi accusations to waiting months for OutX's though?
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Seagold
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Re: Paying by the gateway should be very profitable |
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09-15-2005, 12:59 AM
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Join Date: Nov 2003
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Re: Paying by the gateway should be very profitable
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Originally Posted by seagold
Thanks for the info, Amy. Of course it IS speculation. But ALL of DX is a guess. I'm hoping it does work out. What are they going to do about the businesses who do a quick Google search and read all the complaining about everything from Ponzi accusations to waiting months for OutX's though?
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Seagold
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Yes I can speculate here . But that is not speculation on how the gateway works is it? Isn't it out yet? I don't have a business like that so I don't know but I thought that was how it works. So I"m sorry if I am wrong I was thinking and trying to figure out how it works. If we don't know yet excuse me. I was mistaken.
If I was DX I would just not go public for like 6 months or a year until everything is like it should be and then the awful complaints should not be out there right? Positive comments will be on the top.
I can't keep up with all the news and changes has some date been picked for going public yet? That is when things should all be running very fine in my opinion. If they are trying to go public in the next few weeks or something then you have a valid concern SG.
Have you asked support or made comments because I'm not sure they realize how all us merchants gossip. It is supposed to be an anonymous system but geesh, how can some of us be anonymous? Not me, thats for sure! lol Okay I'm off to dinner. I've made my positive plug for today. I'll be negative tomorrow lol  amy
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Re: Paying by the gateway should be very profitable |
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09-15-2005, 01:15 AM
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Senior Investor
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Join Date: Jan 2005
Posts: 546
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Re: Paying by the gateway should be very profitable
"Speculation" is a GOOD word, as far as I'm concerned, Amy! As far as I can understand it seems that they are intending to "go public" sometime between September 25 and December. They certainly have a public relations problem now, and will have for a while. That does worry me.
I'm assuming they must be aware of all the gossip - it's not too hard to find.
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Seagold
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Re: Paying by the gateway should be very profitable |
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09-15-2005, 01:48 AM
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Investor
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Join Date: Jul 2005
Posts: 153
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Re: Paying by the gateway should be very profitable
As a web business owner, I can tell you a few things:
1. It would be great to consolidate payment gateways.
I run an Authorize.net merchant account and PayPal. I offer e-Gold too, all of which integrate into my membership management script.
No one has EVER choosen e-Gold and I don't expect anyone to choose it in the next 5+ years.
2. All these e-currency services (IntGold, NetPay, e_gold) are fine for trade between HYIP's and money games, but they lack the credibility to become anything close to mainstream. VISA, MC AMEX and Discover are the payment methods of choice and that ain't gonna change in my lifetime.
How is DX is going to punch through the security issues monitored by the major credit cards and aquiring companies like First Data when they can't handle relationships with PayPal and IntGold?
This is all a lot of "placing the cart in front of the horse" and total wishful thinking. I'm trying to get integration docs from DX in pdf format that can be distributed to software developers who are NOT familiar with DX. Not all will come marching to DX, join and login as if it's the Holy Grail.
You can lead a horse to water...
All I can say is that it will require another 4 to 5 years of testing and public acceptance before its going to amount to much. In that time, I would suspect these the halls of these forums will slowly go dark.
I'm not trying to rain on your parade Braveheart, but we must look at this rationally, not with stars (and dollar bills) in our eyes.
Don't expect companies like First Data to roll over for DX.
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