PMC Gold

Description

What is PMC Gold?
You are purchasing PMC Gold, a digital token provided by DG Capital, exclusively for the purchase of products and services offered by the vendor for this transaction.

The PMC Gold you are purchasing is an Ethereum token that once you authorize the transaction, is securely and directly transferred to the vendor’s digital wallet using the Ethereum blockchain system.

PMC Gold is a token offered by DG Capital through an agreement with the vendor to use it solely to facilitate the purchase of vendor’s products and services through a secure clearance and settlement system. PMC Gold is fractional, digital gold and its value as a commodity is backed 100% by physical gold.

Your purchase of PMC Gold, though a separate purchase, can only be used for the purchase of the products you’ve selected to buy from this vendor. Therefore, your authorization instructing DG Capital to transfer the tokens to the vendor is required for the completion of your product purchase.

Your credit card statement will reflect the purchase of PMC Gold once the transaction is authorized by you and approved and completed by your credit card company.

In the unlikely event you encounter any issues with the products you have purchased using PMC Gold, you should reach out to the vendor through its customer service department.

For further information on DG Capital’s terms and conditions.

Screenshots

  • The settings panel used to configure the plugin.
  • Normal checkout with PMC Gold.

Installation

  1. Install the plugin through the WordPress plugins screen directly or upload plugin zip on menu ‘Plugins->Add New->Upload plugin’.
  2. Activate the plugin through the ‘Plugins’ screen in WordPress.
  3. Click on ‘settings’ through the ‘Plugins’ screen or follow Settings->Woocommerce->Payments to see the plugin settings.
  4. Insert API token, If you don’t know how to generate the API token follow API Documentation.
  5. Select the ‘Company’ and ‘Save Changes’ to release the Wallet field.
  6. Select ‘Wallet’ and ‘Save Changes’ again.
  7. Check the ‘Enable/Disable Plugin’ and ‘Save Changes’ to enable plugin.
    Enjoy!

FAQ

Why PMC plugin is automatically disabling?

Please install SSL certificate and configure with Really Simple SSL plugin.

Reviews

نومبر 19, 2020
The idea seemed great to me. Being able to send your customer buy a coin which would then be transferred to the merchant. I liked the principle. I tried to look up on their website what the associated costs would actually be. After being unable to find much (I just saw they state a markup of "8 to 12%" over the price of gold for the value of the token in their T&C), I sent a nice email asking 3 basic questions I feel any merchant would want to know (copy of my actual email): 1. Is your token traded on some exchanges ? Can it be exchanged for something else somewhere ? 2. Is the physical gold redeemable ? If yes, what are the conditions ? (I saw the 8 to 12% markup over the price of gold in your T&C. I guess that would be lost in case of 2., but all or some may be collected again in case of 1.) 3. Are there fees between the amount purchased by the customer and how much tokens he receives (which the merchant ultimately receives) ? RESULT? I did not get any answer to my questions, but received an email with a long list (14 detailed items) of everything they will require if I want to go forward with them. It just fell short of my grandparents birth certificates. In the end, after exchanging a few messages with the "National Sales Director" (really the brother of the guy who setup this thing, it seems. The title is everything in some people's mind), it is an absolutely HORRIBLE product. The (physical) gold isn't redeemable, all you can get is the USD value by losing the 8 to 12% markup. In fact, it's what they actually expect you to do as they have an initial "settlement" period, and you will only potentially receive tokens after that (they present it as if they were "locking in" the price of gold for the merchant and as if it was a good thing, when they really just sit on the USD collected to see if there is no charge back and only convert to gold after that). After this settlement period, copy/paste of the actual answer = "Now if the Merchant wants to hold the PMC rather than liquidate to USD that is completely up to them." You can't trade nor exchange the tokens anywhere for the moment, and if you do hold them and want to cash them in later, you'll lose the 8 to 12% markup. Or you'd have to find another fool buying them from you at a big markup over the price of gold (knowing he'll never be able to receive any physical gold out of this). Of course there are fees for the customer, meaning that what he pays isn't what the merchant will receive. This comes ON TOP of the 8 to 12% markup! I didn't even manage to know how much these fees were. Probably not very cheap. Anyway, without even going into details of the used cars salesmen tactics and rudeness (it's you who don't understand how great their product is and the benefits they truly offer! But on the other hand, they are unable to explain any of them), it's really an extremely overpriced way to process debit and credit cards at 15%+ fees. You have none of the advantages of anything crypto related, and it's even more burdensome than to open an account to process the cards directly yourself. They do expect to collect outrageous fees, and you to rely on a system more complicated for your customers, which will allow them to distribute their fee-rich token. (Why wouldn't you process the cards and buy directly gold, or even maybe their token if you would want to, is a good question. Not one they're able to answer in any case). My opinion: Stay away. FAR away. Note: Just for information, they told me, and I quote: "We clearly are not the correct fit for you", to which I asked back: "And who would it be the correct fit for ? For what advantages ?". I never got any answer 😉
Read all 3 reviews

Contributors & Developers

“PMC Gold” is open source software. The following people have contributed to this plugin.

Contributors

Translate “PMC Gold” into your language.

Interested in development?

Browse the code, check out the SVN repository, or subscribe to the development log by RSS.

Changelog

2.7.10

  • Adding precision values to payment request.

2.7.9

  • Reducing the frequency of ssl validation during checkout process.

2.7.8

  • Adding support for debug logs.

2.7.7

  • Code refactoring and optimization

2.7.6

  • Customized the payment description on the vendor page

2.7.5

  • Thumbnail added on the plugin

2.7.4

  • Code optimization

2.7.3

  • Improved checkout experience

2.7.2

  • Improved first time customer checkout experience

2.7.1

  • Updated errors visibility

2.7.0

  • Replaced integrated checkout with spends

2.6.9

  • Zelle Payment Integration on Autocancel by woocommerce

2.6.8

  • Zelle Payment Integration

2.6.7

  • Verbiage changes on plugin

2.6.6

  • Updated the plugin compaitibility with wordpress upto 5.6

2.6.5

  • Graceful rejection of non-USD currencies with payment processing.

2.6.4

  • Fixing the plugin to stop deactivating intermittently
  • Fixing Completed orders to not to move back to processing state

2.6.3

  • Fixing success configuration message

2.6.2

  • Fixing duplicated messages
  • Improving plugin setup messages
  • Improving code style

2.6.1

  • Fix redirect popup images for phone screen size
  • Fix gift certificate
  • Code style improvement

2.6.0

  • Adding cache for API data.
  • Adding interval for API requests.
  • Adjusting patterns for code style.
  • Changing methods name for friendly format.

2.5.0

  • Adding callback treatment for the new checkout.
  • Updating callback fail message.
  • Fixing token gold on message.

2.4.0

  • Adding test mode.
  • Changing plugin name.
  • Changing plugin logo.
  • Changing checkout popup confirmation.
  • Updating checkout url on callback.

2.3.0

  • Support for Woocommerce 4.0.
  • Updating message system for admin area.
  • Fixing checkout popup total amount update.

2.2.8

  • Fixing auto disable plugin.
  • Fixing checkout without fees.
  • Adding card flags.
  • Improving timeout of api calls.
  • Improving code reuse.
  • Adjusting some texts and rename icon.

2.2.7

  • Adding select payment options based on company.
  • Adding constant to show the plugin name on admin Settings.
  • Adding multi site support.
  • Adjusting improving return token on redirect transaction.
  • Fix adding international fee verification on fee rules method.
  • Improving payment validation of request payment.

2.1.6

  • Fix (what is pmcgold?) URL.

2.0.0

  • Changing structure plugin.

1.5.6

  • admin notices refactored.