Pecunix is an international gold based currency, it is well suited for international buyers who may not be eligible for paypal or may not have credit cards.
As it is gold based, the money isn't pegged to the US dollar, it is therefore a kind of inflation shield.
Pecunix can be used to sell digital products because it offers integration, we use the sha1 method to ensure validity of the notifications.
Pecunix is NOT "e-gold" nor is it related to them in any way.
Yes! payvex now handles pecunix, you can sell digital goods to people who don't have paypal accounts and prefer not to use credit cards (or, in some countries don't have cards that work in the US)
Yes! however, funding and actually using a pecunix account can be a bit inconvenient for US based residents.
You'll be delighted to discover pecunix fees are tiny compared to paypal, however, if you wish to convert your pecunix grams to currency, there are money changer fees.
One huge advantage for merchants is that a pecunix transaction is final, once someone pays you, it stays in your account. pecunix does not reverse charges.
I've never seen the other side of pecunix, so I can't answer that with authority, however, the user interface is extremely secure, they make use of technologies such as pgp and PiK codes, looking at it from the outside, I'd have to say that pecunix is far more secure than paypal.
The fact that they use PGP means that it is much harder to fall prey to a "phishing attack"
Head over to pecunix.com and create an account, (you really should know about PGP before you do this) it's really easy to create an account, they won't ask for bank account information, do credit checks or anything of that nature. It's a breeze to set up an account, you can do it in under an hour and be good to go.
As far as I'm aware, NO! but you'll probably want to find someone who will buy a "test file" for $1.00 or something like that, just to confirm it works.
It is a code they give you for payment notifications, PayVeX uses this code when selling your files to determine whether or not the notification is authentic. You should not share this code with anyone (but do note, we have to keep it in the database, which can have implications)
Your shared secret is NOT I repeat, NOT your pecunix account password! PayVeX does not need your pecunix password! do not enter your pecunix password anywhere in PayVeX (because there is no need to).
Pecunix itself doesn't convert your native currency to gold units, other "market makers" handle this part, this ensures a competitive rate (unlike paypal, market makers have to compete with one another) as well as better flexibility in terms of currencies, if your customers currency isn't supported by paypal, they can get pecunix from someone who supports their currency and pay you in your currency.
The hard part, is finding a decent money changer. You'll probably want to shop around for a good rate and do some homework regarding who is good and who isn't. I used anygoldnow and found them to be reliable, but their email support was terse. (as I'm sure you know, paypal has LOUSY support, anything is better than paypal in terms of finding an actual human..)
If you're in the US, you can look forward to hassles with wire transfers. It's not that tough, but it is tedious and frankly, a little intimidating for those of us who don't do this sort of thing very often.
Legend has it that you can actually buy pecunix with a visa card, but the rates will be high.
It's so easy to set up a pecunix account, why not set up two of them? then sell yourself a small test file for a tiny amount. Doing a "live test" really is the best way to prove things are working.
There is also a debug feature on PayVeX that allows you to enter the same information as would have been entered by their notification process, this allows you to conduct many tests without actually using the pecunix website. (you'll have to test at least one of them live, however, due to the sha1 method of transaction verification) I personally use a combination of both debug tests and live tests, mostly debug tests.