Liberty Reserve is an account based payment system where you can stored value in U.S. dollars and transfer payment to others and receive payment from others.

It is safe, reliable and confidential. Payments are irrevocable (meaning they cannot be reversed). Liberty Reserve is instant, real time currency for international commerce. In just minutes, you can send and receive payment from anyone, anywhere on the globe!

Concepts Of Liberty Reserve

Account

It all stat with your account. This is where you see your balance, history of transactions, security features, private messaging, and all others features of the website. Access to your account requires the full spectrum of login and security to be entered.

Wallet

The wallet allows you to quickly access a dedicated portion of your fund in Liberty Reserve using a faster login procedure if you wish to pay someone quickly. It is recommended that you keep only a small amount of value in your wallet because the security procedures necessary  to access your wallet are less than the security procedures to access your full account. In order to transfer funds from your account  to your wallet, you will need to login to your account, and do it from there. Your are not required to initialize a wallet, and are free to make payment from your account without using the wallet. This is an optional feature for your convenience.

Once you have funds in your wallet, paying someone is very easy and quick, with a faster login process.

E-currency

E-currency or digital currency, is stored value payment system, usually account-based, that allows users to stored funds (such as Euro, USD, Yen, etc., and metal such as gold , silver etc., or anything else of the value of that matter). The main feature of a digital currency is that spends (payment) are irrevocable, unlike bank payments (wires, checks), and other systems that have similar features (online payment) but can easily reverse payment, such as PayPal.

Digital currencies evolved as a need for merchants to have an alternative to credit cards due to high cost of accepting credit cards ( credit cards %fee and fraud). merchants using digital currencies get paid, and stay paid, lowering their costs of operation, eliminating fraud, and pass on the savings to their customers.

Security

One of the most important features of Liberty Reserve is the security of your account. Password, PINs, stop account feature, and anti-keylogger (trojan) login system are just a few of the security precautions that Liberty Reserve has added to keep your value safe and secure within your account.

Nothing works better, however, than your own due diligence when it comes to security. Always use an anti-virus for safe computing.

You are just a click away to sign up your free new Liberty Reserve account here.