Monday 5 August 2013

What's new with coingeneration after payza event



Coingeneration.com  account with Payza was shutoff and this had affected a lot on the business reliability of the site but gradually coingeneration.com  is making the necessary changes for the better to continue its online business. What is new with coingeneration after Payza event? 

The latest that i had found on my back office was that a congratulation from the admin , that i can request for a cashout through my bank account and e-currency. There was also an explanation and at the same time a plea of coingeneration to members especially to users of Payza payment processor.  They are reporting that Payza is not talking to coingeneration and they find this unethical since a big amount of money had been freezed  on Payza and CG ( coingeneration)  is appealing to those payza members whom accounts where also freezed to call or contact payza to determine the reason of CG freeze account.  For me hearing the news that i can already request a cashout is gratifying though i am still waiting for the site to normalize just like when i started last June. I dont have problems with payza and had registered with other payment  processors to replace payza which are recommended by coingeneration.com.

The latest about payment processors was about the use of credit cards ; 

   Credit Card payments are finally available! -

We are pleased to annouce that credit card deposits are working. Please note that settlement currency is in CNY for now.  CNY  means the currency is in "chines new yuan", coingeneration had now arranged their bank account  with a chinese bank so the future currency to use would be CNY. 

Other payment processors or tools to use on  financial transactions 

The latest on  tools for financial transactions was the use of credit card , in order to use the above tools you should be registered . On coingeneration.com site you can find these on  payments,  click on personal accounts and its the last button down.  

Coingeneration.com  has now a blog section ,  thread manager software is now describe as the primary product of  coingeneration which had a license to be purchased in order to use,  It also has digital generation software license agreemnent  and  the computer reources contract agreement.  These latest features on coingenerations.com  were not here before and with a legal consultants maybe  these were the recommendations that they are now implimenting. 



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