Updates on myLot mode of payment
October 16, 2007 5:00am CST
Just want to know if myLot has any plans of adding some other payment systems aside from Paypal and Moneybooker. Any insider here who can explain about this? Why not add e-gold as one mode? I think egold offers the smallest service fee compared with paypal or moneybooker for that matter.
16 Oct 07
Well I think you're a little bit off-season, mylot has dropped the services of e-gold. It's been months now that we've been using moneybookers, since e-gold got indicted by US and I believe was penalized for laundering money. Mylot searched for other available services, this is when they came to terms with moneybookers and sort their services to cater us former e-gold subscribers.
17 Oct 07
Well, e-gold was the payment processor they are using and not moneybookers. But because of some issues of e-gold, they decided to change it to moneybookers. Which is quiet a headache because of the high processing fee of moneybookers. I just hope they would find some other payment processor other that moneybookers.