what advantage does epassporte have over a wire transfer?

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  • exportyourbiz-com
    Confirmed User
    • May 2005
    • 141

    #1

    what advantage does epassporte have over a wire transfer?

    I remember when sponsors first started publicly offering wire transfers as a means for payment instead of cheques, and there was nowhere near the kind of push that there is now to put pressure on the sponsors to provide epassporte payments to affiliates.

    What is the advantage over a regular wire transfer? I can understand where it might help some overseas webmasters save on fees but most sponsors will do domestic & Canadian wire transfers for only $25, and often waive the fee if you do $1000+ in joins.

    Is there some kind of tax evasion scheme going on? I honestly don't get it as I have never tried epassporte and just was wondering what I was missing out on.

    Thanks in advance!
  • Jay
    Confirmed User
    • Jul 2001
    • 1131

    #2
    Two things, ...minimal fee, and the minimum payout amount. At least in my experience with TCG payouts....

    We pay the ePassporte fee for our webmasters, and there is only a $100.00 min payout.

    For wires, there is a $20 to $50 bank fee (charged by the bank, not us) and a $500.00 min payout.

    my
    Jay <at> DateProfits.com | Skype: onemarketpro

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    • woj
      <&(©¿©)&>
      • Jul 2002
      • 47880

      #3
      It's cheaper and instant. compared to a wire which takes a few days, and costs $30 perhaps...
      Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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      • Dalai lama
        Strength and Honor
        • Jul 2004
        • 16540

        #4
        Doesnt cost you any money. No wait. You can use your money directly.

        A program you can trust.
        Gallerybooster Run multiply TGPs of 1 script

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        • Shoehorn!
          Die With Your Boots On
          • Oct 2003
          • 22872

          #5
          In addition to the benefits already listed, you can get a physical card and use it as a credit card and ATM card.

          Comment

          • exportyourbiz-com
            Confirmed User
            • May 2005
            • 141

            #6
            Originally posted by Shoehorn
            In addition to the benefits already listed, you can get a physical card and use it as a credit card and ATM card.
            How is that any different from having the money wired directly to your chequing account with an ATM card?

            Comment

            • Chris
              Too lazy to set a custom title
              • May 2003
              • 27880

              #7
              small amounts are great for epassporte
              anything under 1500 is epassporte for me :D
              [email protected]

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              • taibo
                Confirmed User
                • May 2005
                • 3720

                #8
                well wire transfers often take 3-7 days for me so an instant online payment would be a much better choice for me.

                Comment

                • polish_aristocrat
                  Too lazy to set a custom title
                  • Jul 2002
                  • 40377

                  #9
                  epassporte is great, it takes 1 minute instead of few days for a wire transfer, and it costs only 2 dollars for the sponsor to send, and when you get it, you can send it within another minute to another webmaster f.e for design work, whereas normally, using a bank account, it would take much more time again and cost also more

                  Originally posted by exportyourbiz-com
                  Is there some kind of tax evasion scheme going on?
                  probably too
                  I don't use ICQ anymore.

                  Comment

                  • polish_aristocrat
                    Too lazy to set a custom title
                    • Jul 2002
                    • 40377

                    #10
                    Originally posted by woj
                    It's cheaper and instant. compared to a wire which takes a few days, and costs $30 perhaps...
                    the postbot already explained it
                    I don't use ICQ anymore.

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