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DXSynergy - the new DXInOne

I spent few hours going through some of the jargons and terms used by this program today. Few things I can remember;

- the old DXMerchant Console is not working anymore

- new Console registration is opened, but due to some requirements as below:

With the upcoming DXSystem upgrade the  DXMerchant business service is being released for new registrations. With this the qualification criteria to operate a  DXMerchant Console is set at the following:

1. Fully registered DXGlobal Company.
2. Minimum 3 star DXGlobal Rating.
3. Has been a DXProfile holder for a minimum of 90 days.
4. The ‘Credit Report’ displays at least $2,500 US/DXG for “Total ‘Out Of Pocket’ Funds In”.
5. Able to fund and maintain a minimum $2,000 US/DXG Float.

DXMerchant registrations will be open and available to all people who meet these criteria. Registration levels will be reviewed at intervals to ensure quality of service for all existing and future DXMerchants.

The first, DXGC. It requires a legally registered company at Vanuatu IOFC with annual fee of DXG950.00.

The second, the global rating. It can be easily achieved if you are having high TDV, but, the rating itself based on raw TDV. Raw TDV calculation;

Raw TDV = ((TDV + RB)) - DXDWD

Raw TDV must be at least DXG1,000.00.

The third, if you now DXInOne for the past 3 months, then you are in.

The fourth, I’m not really sure what about it but you can check it out at DxProfile > Report > Credit Report.

The last, I read at DX4all that the amount can be raised over time.

I haven’t seen the exact qualifications, but you must have an IBC and pay the $950 annual fee, min. float $2000, and min. TDV I believe is 5000. the float you will have a little time to raise and increasee over time but do not know the time limit.

I took few months previously to understand the old DXGold and thinking on to take another few months to understand the DXSynergy. Why not..