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CASHING OUT
Since I have
not yet made any attempt to withdraw from either my AlertPay, E-gold, Moneybookers
or Stormpay
account, the following is just a brief overview of the options available for
cashing out your earnings.
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Direct Withdrawal to your
bank account via E-currency Exchanger
A lot of sites are buy your
e-gold in exchange for a wire to your bank account. Be careful though, and
be sure you're aware of the fees involved at both ends, the exchanger AND
your bank.
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Withdrawals via checks
Some payment processors, such as Moneybookers and Stormpay, provide the
option of withdrawing your account balance via checks, although this is
limited to certain countries only. Check each payment processors site for
more details.
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Withdrawals via money
orders Some third party e-currency exchangers provide the
option of sending you money orders in exchange for ecurrency transfers.
Before using this, make sure you familiarize yourself with ALL fees
involved, and take into account the time it would take for your money order
to arrive.
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Fund a Debit Card
This is a feasible
alternative as it enables you to make direct withdrawals in your country via
ATMS. Again, familiarize yourself with the fees, particularly the recurring
ones, since these will usually be taken out of your debit card balance.
Popular debit cards include
Uniclear,
XL Card,
Ikobo and
GCard.
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Sell your e-currency to
trusted individuals
You can also sell your
e-currency to individuals from your own country who you trust implicitly in
exchange for a money order, or deposit into your bank account. Forums are a
popular medium for such transactions, but are usually frowned upon by the
payment processors themselves.
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Spending it online
Stormpay, although
basically useless in the GPT industry at present, is already enjoying a
growing popularity among online merchants, if not as
popular as Paypal. Hopefully in the near
future, a lot more online establishments will accept either E-gold, AlertPay or Moneybookers
as a mode of payment for goods and services.
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