This solution is getting much more workable and here is a company that does just that NOW looking to expand with agents and sales.

HomeATM

With HomeATM, consumers make e-commerce purchases using their ATM or credit cards, and payments are processed as PIN debit transactions. HomeATM’s target merchants have large, recurring client bases.
“We guarantee 100% payment in real time with no chargebacks or reserves,” he said. The company is able to make this guarantee because PIN debit transactions take place in real time. “When the transaction occurs, the funds are set aside at the issuing bank. Those funds settle at 3:00 a.m. Eastern Time that night. No chargebacks,” he added.
HomeATM is good news for consumers who want to use their ATM cards online.
(we will also discuss security and SCI in future posts)

http://www.thehomeatm.com or http://www.home-atm.com
ISO contact:
Mitchell Cobrin, CEO
Phone: 514-940-0155, ext. 102
E-mail: mcobrin@thehomeatm.com

Company address:
8255 Mountain Sights, No. 407
Montreal, Quebec
Canada H4P 2B5
Phone: 514-940-0155, ext. 102
Fax: 514-940-0151
Web site: http://www.thehomeatm.com
or http://www.home-atm.com

ISO benefits:
–Access to untapped market
–Ability to work with all banks, acquirers and processors
–ISO/MLS support and collaboration
A pledge to protect patents

Gold is the one true “currency” for its value has never decreased over time. And I totally agree that this should be the common denominator for a “digital currency”. In fact, e-gold is very close to being perfect. Just combine the:

1) Verification process and no charge-back of moneybookers

2) Gold as a currency of e-gold and no charge-back too

3) Ease of adding funds of Paypal via credit card or echeck

4) Payment links of e-gold again for merchants

5) Not sure if people like the “market maker/exchangers” since some seem dodgy.

…then you have pretty much have a perfect system.

Cheers!
Steve