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I guess the removal of those risky and high yield investment programs made them less popular though I do not know if Payza had them from outset. Anyway, if any of the newer payment processors will come up, they will most likely battle with the big shots but that is only possible if they can...

That's a good one though but let's just pause a bit and think, if there are no fees attached to any transaction irrespective of how much it is, how then do they take care of administration or what money do they use in running the e-currency as it is not decentralized.

I see Okpay becoming as popular as the likes of other major unregulated payment processors if they continue with the pace they are. I was expecting to have had the rates reduced but I can see they are only waxing stronger and ever than before as their rate has leveled up with the likes of PM and...

Yes, if you consider some features they already have, then one would say they are just an e-currency one would enjoy when they start using it but considering their lack of popularity, you might just be surprised that you get stocked in there without any way to withdraw your funds as I am yet to...

You mean like use your airtime credit or something. I do not know much about this or about the possibility of purchasing a product or service through a payment processor with the use of hand phone.

There could just be so many sides to the story and it ranges from if you are using a proxy to some other reasons like knowing if your country is accepted as I do not know how many of the countries they accept or reject.

Well, I feel STP will match PayPal a lot only and only if they would gain much access to the online stores. This is a task that will take STP almost years to accomplish because the reason PayPal has gained much confidence is their presence as a means if payment in buying and selling.

Yes, it is the sender who bears the fees and it is relatively low, 0.8% which I see is the least, probably one of the least among regulated processors. About the site language, since important things are written in English, I wouldn't mind about those minor ones.

They are the one that termed it good news, I mean Egopay themselves because I do not see anything good in the news. Besides, the reduction is even small and I feel it is just meant for some category of users. They only would attract people's commendation when they reduce their overall...

That is exactly what I'm talking about. I tried the verification when I was in dare need of exchanging my Payza funds but discovered that the other two possible means of verification are no longer operational. They also will deduct some funds from your account in the process but what I don't...

And for me, I had a different feel about them. Payza used to be one of my best if not that they started losing value among others. I am just happy I was able to run an exchange with a friend who needed some Payza funds. So I am sure that for now, I have no dealings with them. I still peg my...

You should also know that though PayPal is the choice of most online buyers and sellers, they still do not accept all countries. Before considering to add them in your list, you should endeavour to know if you are among those who will get favoured or disfavoured by the payment system.

On the opposite, only if I had my way, I will outrightly stop using unregulated payment processors for a variety of reasons. I just do not think it will last long at any point in time. Perhaps LR taught some lessons.

The issue of submitting a document is just one so many think they cannot do but I feel, they just mean no harm, probably wanted to know and make sure they are aware of all of their customers. For me, it would be pretty difficult for me to have my documents submitted to them.

Though true but I still feel it will be much more difficult to have someone who is an entire novice trade in Forex. As I think, it will be much more difficult for him to understand the market and how it works, to understand the chart or even place an order. To do this, his must have had some...

Sure, and even those that do physical jobs usually have more time spaces in between. For example, in this part of the world, construction workers seldom work during the rains and they can rightly utilize that free space since one don't need to trade on a daily basis.

Greed is a very bad thing in Forex. When we are greedy. we are bound to become losers in a long run. I guess what the greedy traders always see is a means to make big money and not a means to lose big money. They only realize this when it is already late.

Just like every other part of other businesses that has a special thing which shakes it, in Forex, news is that which moves the market. It determines how the market will look like. It is on it that our analysis are based and the source of determining how we trade. Keeping up with the news makes...

I really go with your point as personally, I am yet to see a reason why I should associate Forex with a money making factory. Perhaps I would have, if it had been easy for me to earn but as far as I can see, I doubt if there has been any which has or would see it as a money making machine...

Yes, quite right. Forex is a risky business and to some extent could be compared to some degree with the rate of risk of HYIP especially if there is not enough knowledge to take down on it. The only difference here being that if you posses some good knowledge about Forex, you stand lesser chance...