CashCards.net New Primary Dealer for E-gold?

(Digital Money World) This is coming from Mark Herpel’s DGC Magazine, so it should carry some weight and truth.

This just in from Steve Renner at Cashcards.net

We have been approved to Bail Bars of E-Gold in and out of the system. So if you have a large quantity of e-gold – 100 oz or more please contact us for special “Out-Exchange” Rates!

Everyone would like more information on this change as the email list message does not say ‘who’ they were approved by?

Rates are reported to still be in double digits over at Cashcards but perhaps with this news they will start to adjust lower, certainly this is very good news. Cashcards, is known to be an extremely compliant company.

Cashcards sells two debit card products that can be used along with the digital currency e-gold. They also operate their own version of a digital payment system known as V-cash. The company is not without controversy, but has a strong history of operation over 5+ years. The cards are also recommended for use on the Liberty Reserve web site.

Whether or not it’s a way to boost their debit card sales, we’ll have to wait for some official coming from e-Gold themselves.