| Electronic money - also
known as digital currency - based on stored-value, smart card, or other
technologies, have been developed to facilitate consumers and businesses
to engage in global electronic commerce. These would cater for the increasing
population online consumers who don't have a credit card or those who are
reluctant to provide their credit card number online.For more information
on how you can use Digital Currencies to your own benefit, visit The Gold
Economy Magazine at: www.goldeconomy.com
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| International ATM Cards for Minors
Problem: Your 17 year-old daughter
is away at college or on a trip in another country. Since she is under
18, in many states and countries she cannot legally own a credit card or
a bank account. Yet she will need money. What do you do?
Solution: Open a pair of Standard
Reserve "Instant World Accounts" which will give you two accounts and two
ATM cards. You deposit funds into your account, and transfer funds to her
account as needed.
Benefits: Your daughter doesn’t
need to carry cash. You can transfer funds to her immediately. You need
not worry about overspending, since she can only spend what she has in
the account. Payments can be spread out over time which will help her manage
her spending. You can access your accounts 24 hours a day, 7 days a week
– online or at one of 400,000+ ATM machines in the world.
How does it work? Open two Instant
Anywhere accounts at Standard Reserve. Each account includes a stored-value,
pin-based ATM card. Your cards will be processed within 5-7 business days
and shipped to your address. Pin numbers will come in a separate mailing.
Activate your account online at Standard Reserve. Fund your account through
one of our agents. You will have online access to your immediately, and
at an ATM 24 hours after funding. Give one card to your daughter, and you
are finished.
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| Stored-value cards have
met with high approval rating among consumers in Europe, and are gaining
increasing popularity in the United States. Stored-value smart cards are
capable of more than facilitating payments. They can offer added-value
information including digital certificates for identification purposes,
and may authenticate a secure transaction. It is worth noting that computer
hardware manufacturers have started to include smart card readers with
their PCs and PC keyboards. The ubiquity of this digital currency system
in on the rise. |
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What can you do with this account? ·
Send money anywhere in the world via the internet and soon via check in
a local country · Obtain money from over 400,000 ATMs anywhere in
the world where the Plus or Interlink network is used · Sell goods
and services to anyone, anywhere (you do not have to be a qualified merchant)
· Spend funds online at any merchant who accepts Standard Transactions
currency. · Transfers to another Standard Transactions account for
withdrawal by another party using another Standard Transactions account
and card. The funds transferred to the other party are available immediately.
STEP BY STEP
1. Create TWO Standard Reserve Instant
World Accounts, one in your name, one in hers - click here. (Don't forget
to write down the account numbers and passwords and keep them in a safe
place! )
2. Don’t forget to complete and fax in
the due diligence form found on the Standard Reserve application page.
Your application cannot be processed until you do this.
3. Fund your new Standard Reserve Instant
World Accounts through an exchange agent:
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Residents of the US can use Gaithman's Gold
Nation.
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Residents of Canada use Oremetal.com.
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Residents of New Zealand and Australia use
Metal-Escrow.com.
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Residents of Europe use Eurogoldline.com.
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If you already have e-gold and wish to fund
your account with that, then log onto your SR account and use the "transfer
gold" button.
3. As soon as your exchange clears and your
Standard Gold account has been funded, log into Standard Reserve/Standard
Transactions to transfer money onto your ATM card - click here.
4. Whenever you want to transfer some
money to the other party, log in your Standard Reserve account and click
on "send money". You will be asked for the other party's account number
and the quantity of dollars or gold you wish to transfer. It is that simple!
5. If you want to simplify the process
of putting money into your Standard Reserve account, instead of using an
exchange agent, you can make arrangements with Standard Reserve to have
your paycheck or a regular bank draft direct deposited.
Digital Currencies are cheaper,
faster, safer, global, and more private than traditional credit cards and
bank wires. For more information on how you can use Digital Currencies
to your own benefit, come visit The Gold Economy Magazine at www.goldeconomy.com
or read our Getting Started Index.
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