In the beginning of this year our editorial staff was greatly surprised by the results of Ecommerce Journal Awards. We didn’t expect that a young and a newly launched online payment system ECUmoney. Today we decided to tell more about this payment processor and have contacted Jeremy Bonnardel, Director General of ECUmoney.

Al last came the time to change calendars and to get a habit to put “9” instead of eight when writing a date. This year was a hard one, and even the most optimistic ones have noted all the troubles prepared by the world financial system. Virtual economy has also curled up and left deep scars upon the souls of thousands of people.

Do you remember the beginning of this year? It was a time when the payment processors were fighting for any customer using all methods, including black PR and ddos attacks. Forums were bursting with posts, banners… We were excited and thought that it will last forever and we will get a healthy e-commerce and the best payment processing services provided by the competing online payment gateways.

AlterGold… This payment system became a real hit this year. First it was an ambitious launch of the system heated by the numerous posts on the forums. Then an aggressive PR of it… But last months all the discussions were related to the problems with AG. Everything began with the press release of AG that was issued in two parts and e-mailed to all the users. Among various “happy news” there was one point stating that AlterGold stops all the operations on AG currency exchange: