Pecunix on-line payment system is an official trademark of Pecunix Incorporated and appeared in 2002. The Company is registered in Panama. That is why, perhaps, no statistics of the company’s activity was disclosed: the number of opened accounts and current turnovers are unknown.

Pecunix Specialty

Pecunix is gold-based e-currency, as well as E-gold and E-bullion. A settlement unit in the system is a gram of gold (GAU – gold administration unit). One Pecunix equals one gram of pure gold. The system also uses an optional unit, troy ounce (OAU – operation administration unit) providing more easy-to-use settlements to some users. Pecunix does not take any charges for money storage or registration process. All Recunix gold reserves are stored in Zurich (Switzerland). By storing his/her money in gold the user has the guarantees of Switzerland bank system, the most stable in Europe. Pecunix supports 22 national currencies, so it is a multi-currency payment system. A national of any country can open Pecunix account. Users have no obligations in regard to valid personal information.

Pecunix Fees

Pecunix commission is flexible and depends on the gold value of the payments, current gold prices and varies from 3 cents to 75 dollars. When user makes payment less than 100 grams of gold (less than 1500$) the commission is 0.5% of the amount. Payments exceeding 100 GAU have the commission of 0.15%. The minimum for making payment is 0.0001 gram of gold. The user can choose one of three ways the commission to be taken:
- payment sender pays the commission;
- payment recipient pays the commission;
- the commission amount is divided equally between the sender and the recipient.

When Pecunix account user has not used it for five years and the account has at least 5 grams of gold (75 USD or more), the system administration will get in touch and send a reminder. When the account has less than 5 grams of gold and the user has not made any transactions with the account during five years, the account is automatically blocked without any refund to the user.

Safety Measures

Pecunix company, as any financial organization, cares about its client accounts’ safety. Account number is an e-mail address the user enters when registering. Once the user first enters the account, he/she gets unique PIK keys to be used to change personal settings of the account. To confirm any payment a payment PIK, a code phrase, shall be entered. All those build a three-level Pecunix protection system. Even when the user makes payment of 2 dollars, all required codes and phrases shall be entered.

1 2 3 4 5

Post comment