goBigtime

Rand,

I'm sure you guys have thought this through to no end. But that seems a bit pricey for anything BUT the adult market no? 5% to load money into the account?

I know you don't want to talk about paypal, but techinically paypal is currently offering this same "wife-shield" service as well - but its free to the consumer no? (and its a good thing to know thy competition)

Paypal did used to offer the virtual visa' (create one-time visa accounts on the fly) but then I think they did away with it when they launched their own branded visa & atm/debit cards.

The thing that does suck with Paypal is that the fees never stop... if you keep tossing the same $100's around back and forth from P2P, eventually you'll have nothing (err not from the per trans fee... from the % fees).

You guys could probably process cajillions for the gaming industry, but sports bettors for example might not like
the idea of paying an extra 5% juice on their wagers. Maybe you guys would cut special deals with these merchants or something, or maybe this isn't a market your interested in.

You also price yourself out of the Ebays massive market (but again, maybe thats not something you guys aim to get a piece of) by charging a 5% load fee to the consumer. Picture this: you buy a video camera off ebay for say $990, shiping is $30... you need to send the guy $1020 - the epassporte fee brings your total up to $1070.00. Ebay buyers might not like this.

But again, maybe you guys have a very specific market in mind with this.... in which case I spose its a fair deal to consumers looking to purchase adult material discreetly.
But on the consumer end, I don't yet see the advantage over using paypal or the paypal atm/debit card (since its free & wife-friendly - providing she doesnt know about your paypal account.

If the funds go to Epoch, then Epoch is going to make 10%-15% on the merchant end anyway right? I'm not sure how feasible something like this would be, but maybe you could waive load fees for a consumer that is attemping to purchase access to a Epoch processed site? As sort of an incentive for webmasters to process with Epoch. Maybe there are other reasons for keeping those entities seperated though (epoch and epassporte).

As far as paying hosting/content bills with this... I think free to the consumer & 2.5% (or 3.5% international) to the merchant with paypal is probably the better choice no? I mean when your talking hundreds or thousands of dollars?

I don't know.. I just have lots of concerns & questions here.
It's so close to being a perfect solution for everyone I think if the fee were 2.5% you would have something so golden you wouldn't be able to count the money fast enough... because it would be able to cross into all of the markets metnioned.

Ah... but maybe 2.5% isnt even doable because of the fees you are charged on the backend for the consumer loading the funds. Hrmf. Or wait... does Paypal charge "Load Fees" for credit cards now too? Damn I think they might.. I'll check and reply when I get back in about an hour