The most important of the online payment systems are:
PayPal
PayPal is the most widely used
online payment system in the world.
Unfortunately, PayPal does not permit network marketing or most multi level affiliate programs to use its network.
Some MLM set ups will fly undetected under the radar for a period of time, but when PayPal suddenly freezes the offending account for a period of 60-90 days, a gigantic mess is usually created.
There are an unlimited range of other types of goods and services that you can pay for using PayPal.
In addition, you as an individual can receive payments through PayPal so this is a key payment system with the utmost convenience.
e-gold
e-gold is what is referred to as an e-currency where
all e-gold amounts used in buy and sell transactions and all e-gold amounts held in the account are backed by gold.
See the e-gold web site for a full explanation.
You should be aware that before you can make a transaction through e-gold you must convert ordinary dollars to e-gold.
There are professional services that facilitate this process, but there are service fees involved.
When you convert e-gold to dollars, the service providers will pay you a fee.
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