Liberty Reserve

Liberty Reserve is a 100% irrevocable payment system and digital currency incorporated under the laws of Panama, with offices worldwide, including New York, Germany, and France. Liberty Reserve is a member of the Global Digital Currency Association (GDCA), a voluntary regulatory body in the industry. Liberty Reserve offer extremely competitive rates & discrete, confidential service. To open an account is free and internal transfer costs are a maximum 99 cents. As with many digital currencies, Liberty Reserve does not accept direct transactions to and from their system. Accounts are funded or cashed out using an exchange, and quite a few reputable exchangers accept exchanges of Liberty Reserve. Additionally, the exchange rates for Liberty Reserve are currently much more feasible than other e-currencies such as Pecunix. This fact makes Liberty Reserve seem to be a viable option for smaller webmasters who are primarily selling advertising or service on their websites. Liberty Reserve’s user interface is simple and easy to use. The login process is a two step process and Liberty Reserve does seem to have covered the bases as far as providing a secure interface somewhere in between the simplicity of E-Gold and the complexity of Pecunix. They provide an intuitive SCI/API for merchants wishing to easily add Liberty Reserve as a payment option to their websites, and within a few minutes we had the merchant’s interface up and running on one of our test sites.