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e-gold’s privacy feature its nemesis?

At the risk of sounding controversial, I am making public a view I have long held before now: e-gold has a magnet for attracting criminals. I would proceed to explain.
e-gold’s anonymity feature, which e-gold Ltd sees as one of its most important features is indeed a dream come true for all sorts of criminal-minded entities: [...]

Popularity: 4% [?]

Making Money Online: Getting Paid via Paypal

In the first part of this blog post, I discussed Making Money Online: Getting paid by cheque and explained why you should avoid getting paid by cheque where and when possible. In this blog post, I will be highlighting another means of getting paid online: Paypal.
There are several forms of ecurrencies. There are digital gold [...]

Popularity: 9% [?]

Problems with credit/debit cards issued in Nigeria

Problems with credit/debit cards issued in Nigeria

On the 15th of October 2004, Ecobank Nigeria Plc made history when it launched the first ever internationally accepted credit card in Nigeria - the Ecobank MasterCard. With the launch of the Ecobank MasterCard, Ecobank availed Nigerians the benefits and privileges of a convenient international payment card for online and offline financial transactions. The challenges [...]

Popularity: 8% [?]

Paypal Alternatives

The last place I expect to read anything anti-Paypal is CNN Money’s website.
5 PayPal alternatives
Sick of PayPal? Check out these e-commerce solutions for business owners.
The article then goes on to suggest DigitalRiver, 2Checkout, Alertpay, TrialPay and e-Junkie.
Interestingly, I had blogged about some other Paypal alternatives in the past whilst I was commenting about e-commerce in [...]

Popularity: 2% [?]

How to reduce Internet Banking Fraud

Two days ago, I did a blog post titled “Woes of a Nigerian Internet Banking Customer” with a promise to do a follow-up post, offering suggestions. Well, this is it.
First, it is defeatist for a bank to cancel online funds transfer when it is possible to minimize the effect of fraud. I would start with [...]

Popularity: 3% [?]

Agloco Scam: Agloco is dead, waiting to be buried ;)

I was researching this evening, try to gather some material for my next blog post when I came across this screaming headline: AGLOCO Dead: May Your soul rest in pieces! I couldn’t help chuckling. The same Agloco that was heralded as been a potential gold mine for the army of wanna get-rich-quick Internet users? Geez. [...]

Popularity: 2% [?]

Woes of a Nigerian Internet Banking Customer

Scam emails have been circulating the Internet for sometime now, attempting to trick people into entering their bank account login details into a fake version of their financial institution’s website. This criminal activity is known in Internet security circles as Phishing. To drive-home the point, I am quoting Wikipedia’s accurate description of Phishing:
In computing, phishing [...]

Popularity: 4% [?]

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