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  DXInOne DXMerchant (Console) Side of the Business

Below is a snippet I found on the internet a while ago that explains some of the details involved in the DXMerchant side of the DXInOne system. This information is as current as May 2005, but as you know DXInOne can change often, so some of the information may not be completely accurate, but the main ideas, steps and principles are the same:

REGISTERING A DXMERCHANT CONSOLE:From the Main Menu select -Personal > DXMerchant > Console Registration  >  You may get the following message:

ERROR (MR3205): SORRY, YOU NEED AT LEAST A 3 STAR DXGLOBAL RATING TO BE ABLE TO REGISTER AS A DXMERCHANT. For further Global information, from the Main Navigation Menu select - Personal > DXProfile > DXGlobal Rating.

There are certain requirements you must meet to qualify for a console. Obviously this message states you must have at least a 3 star rating. You also need a minimum TDV of $5000. Please refer to the DXHelp system under the DXMerchant category for all the requirements.

Working with a DXMerchant Payment Console can be learned by doing - all I can teach you is the set paths to follow to achieve a particular function.

YOU PROFILE SUMMARY PAGE: When you login to the DXInOne site, the first page you arrive at is 'YOUR PROFILE  SUMMARY' page, which contains the different values within your DXACCOUNT- PORTFOLIO & DXMERCHANT CONSOLE  - Study your summary carefully, at least twice each day until you understand the values because you will safe yourself time and effort. [click the small ? marks on the page and read the notes that appear]

LISTING AN OUTXCHANGE WITH 'AVAILABLE BALANCE': - From the Main Menu - Select 'Personal  > DXAccount> Outxchange > Select the e-currency company you want to list an outxchange with. Type your e-currency account number and $ value. [keep in mind there is a fee of 2.85% for listing an Outxchange] - Click PREVIEW TRANSFER then click PROCESS”.

LOCATING YOUR PENDING OUTXCHANGES- Select Personal >DXMerchants> OutXchanges > Pending> When you arrive at the Pending page you have the option to cancel any Outxchange listed  by clicking the link on the left of the Outxchange transaction code, which will take you to a page with clear instruction on how to cancel.

FUNDING YOUR CONSOLE FLOAT: Their are two ways to  fund your DXMerchant FLOAT. The first  is To Process an OutXchange with Your DXMerchant Console.To Achieve a Console Outxchange - Select Personal >DXMerchant >Process An E-Service> OutXchange OR Bank Outxchange. When you arrive at the OutXchange page, highlight the e currency you have funds located and click next. when you arrive at the next page complete the Outxchange  via the easy to follow numbered procedure.

A DXMerchant OutXchange can  be done based on a Outxchange you have previously  listed via 'Available Balance' and has been processed for you by another DXMerchant, which means once processed your funds are available in the e currency account you nominated when you listed the Outxchange and now available for you to Outxchange back to your DXMerchant Console Float and receive a bonus for doing so OR process the funds via your claims list; funds go directly to your 'Incoming balance'.

Funding your  FLOAT can ALSO be done by introducing ecurrency funds, into the program via your  Console OutXchange, However, your FLOAT  can be funded via your Portfolio by transferring  'Available DXDebit' to 'Available Balance' and listing an Outxchange. 

RECEIVING AUTO INXCHANGES: -  Peridically your DXMerchant Console will receive an Auto Inxchange. When  it arrives your FLOAT will  decrease by the value of the Auto Inxchange.- you will never receive a Auto Inxchange of greater value than your total  FLOAT value.. To process an Auto Inxchange just identify the e currency account the funds have been sent to and  Outxchange via your Console, which will recover your FLOAT to its original value and provide you with a bonus.

PROCESSING VIA  YOUR 'CLAIMS LIST': -  Every time you receive an Auto Inxchange or process an Outxchange via your DXMerchant Console, a duplicate of that transaction, will be listed on your 'Claims List'. *** To work with your 'Claims List' quite simple OutXchange  50% of your available  e currency funds  and  process 50% of your e currency funds via your 'Claims List'. This mean,  funds you Outxchange will be added to your FLOAT and  funds you process from your 'Claims list' go directly to your 'Incoming Balance' to pay the lower rate OA fee of 3.25%.

Working From your 'Claims List' - Select Personal  > DXMerchant > Claim  Exchanges. When you arrive at the page Click 'Collect Instant'.and collect any  bonus that is available. When the page returns, if the claims that are listed do not meet your requirements,click the create Claim Button. - When the page opens highlight (C3) and type in the value you require and click 'PreviewWhen the page opens click 'Confirm' when the next  page opens click 'Continue'-When the next  page opens, you will see the claim and value you have created , which was created from your melted down Claims list that has been transferred from the previous program to this new DXSystem.  

If you are a New User without a previous claims list - Select Personal  > DXMerchant > Claim  Exchanges. When you arrive at the page Click 'Collect Instant'.and collect any  bonus that is available. When the page returns and there is a claim that corosponds with the funds you have in your e currency account, click the word 'ecurrency' that you see on the claim bar, then a page will open so that you can complete the claim.

If you are in doubt about working with the 'Claims list' just outxchange your e currency  funds via your Console, which will be added to your FLOAT -  then transfer funds from your FLOAT to your 'Incoming Balance'..

NOTE: A word of caution - Do NOT process funds you receive via an Auto Inxchange from your 'Claims List' because your FLOAT  will NOT return to its original value.The resulting funds will go direct to your 'Incoming Balance'....

SURPLUS FLOAT TO 'INCOMING BALANCE' -  From the Main Navigation Menu - Select - Personal  > DXMerchant > Manage Float. When the page opens, transfer surplus funds to 'Incoming Balance' .

PAYING YOUR OA FEE: - Every 30-days you pay your OA which is a fee charged against your portfolio - calucluated by multiplying your Total Digot Value [TDV] x 3.25%  when  paying your fee via 'Incoming Balance' and TDV x 3.59% when paying your OA fee via  'Available Balance' - This means by paying the high percentage fee it is not necessary to list an  Outxchange, UNLESS you want to withdrawer funds for personal use.

To visit the page where you can select one of the two OA fee payment options - Select Personal > DXPortfolios > Your DXPortfolios >Activation Status. When you arrive at the page click SETTINGS - when the page opens, select the option you want to pay your OA fee **When  funds are in place to pay your OA fee and you have selected a payment option,  the words 'TEST UNSUCCESSFUL' will change to 'TEST SUCCESSFUL'..Always be aware of your OA fee because if it is not available to take out of your account automatically when due, your portfolio  will be shut down, which will cause you problems, getting it re-activated again.

If you think you're ready to jump into being a DXMerchant or learning much more about it, I strongly recommend you get an e-book. There is a very good one provided by the DXTrainer folks that specifically teaches everything you need to know about being a DXMerchant. See the DXTrainers Various DXInOne Training Packages page for lots of great training material.

 

   

 
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