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Varius · 08-21-2008, 10:49 AM

Hey all, I'd just like to post some more details about PaySaint so everyone understands what it is meant to do.

1) PaySaint is co-founded by myself and Michael Maher, who originally founded IwantU. We have both been in the business for over 10 years now, have hosted our own webmaster show for 3 years and have attended dozens of other shows. That said, I understand people are skeptical with anything related to their money and I don't blame you. We have several large, reputable programs lined up to integrate us as well as known software systems like NATS and MPA3. We know this won't be an overnight thing, but we are in it for the long-term, the fact we stayed with one company in this industry for ten years should prove we are not some fly-by-nighters.

2) We currently support 340 banks in 38 countries, with more to come in the future based on demand. When you withdraw from your virtual account, you will receive your money in your local bank account in under 24 hours in most cases (banks always have their own delays though, so we'll say 72 hours to be safe). Especially for European webmasters receiving US program payouts, this is MUCH quicker than a check without the hassle and in most cases faster than a wire as well (while being cheaper and avoiding large payout minimums many programs have with wires).

3) Multiple currencies are supported. For example, if you withdraw money to your EU account, you will receive it in Euros while your fee is also in Euros. In the US, you would receive your funds in USD with the fee being in USD and so forth.

4) We update our exchange rate every 30 minutes based on the current global exchange rate (through a certified global exchange rate webservice).

5) We will offer a debit card eventually, right now we feel it is not necessary though and goes against the purpose of our service. Not to mention debit cards have higher fees, lower limits (takes longer to get your money), more potential fraud... We realize, depiste this, some people still prefer it to using a bank account, so once we find a solid one with acceptable fees we can tie-in to our banking network, we will offer it as an optional feature.

6) For Program Owners, we have offered a bulk-pay option that accepts as one of its formats the epassporte format of data. This makes it easy for programs who currently offer ePass to offer us as well with limited integration time.

7) For an example of fees, let's say you wish to withdraw $5000 with epassporte. Withdrawing that via wire will take a few days to receive and cost $50. With PaySaint, the same amount will take 24 hours and cost $16.50. This is just one example of how our fees are more affordable.

I hope this covers some of the questions you all may have about what PaySaint is and isn't, but if it doesn't feel free to ask here or ICQ/email me and I'll be happy to answer.

In the end, we wish to become another option for affiliates. We are not asking programs to replace ePassporte/Payoneer/etc...simply offer us an an additional option and let the affiliates choose.

08-21-2008, 10:49 AM
Varius Confirmed User Industry Role: Join Date: Jun 2004 Location: New York, NY Posts: 6,890	Hey all, I'd just like to post some more details about PaySaint so everyone understands what it is meant to do. 1) PaySaint is co-founded by myself and Michael Maher, who originally founded IwantU. We have both been in the business for over 10 years now, have hosted our own webmaster show for 3 years and have attended dozens of other shows. That said, I understand people are skeptical with anything related to their money and I don't blame you. We have several large, reputable programs lined up to integrate us as well as known software systems like NATS and MPA3. We know this won't be an overnight thing, but we are in it for the long-term, the fact we stayed with one company in this industry for ten years should prove we are not some fly-by-nighters. 2) We currently support 340 banks in 38 countries, with more to come in the future based on demand. When you withdraw from your virtual account, you will receive your money in your local bank account in under 24 hours in most cases (banks always have their own delays though, so we'll say 72 hours to be safe). Especially for European webmasters receiving US program payouts, this is MUCH quicker than a check without the hassle and in most cases faster than a wire as well (while being cheaper and avoiding large payout minimums many programs have with wires). 3) Multiple currencies are supported. For example, if you withdraw money to your EU account, you will receive it in Euros while your fee is also in Euros. In the US, you would receive your funds in USD with the fee being in USD and so forth. 4) We update our exchange rate every 30 minutes based on the current global exchange rate (through a certified global exchange rate webservice). 5) We will offer a debit card eventually, right now we feel it is not necessary though and goes against the purpose of our service. Not to mention debit cards have higher fees, lower limits (takes longer to get your money), more potential fraud... We realize, depiste this, some people still prefer it to using a bank account, so once we find a solid one with acceptable fees we can tie-in to our banking network, we will offer it as an optional feature. 6) For Program Owners, we have offered a bulk-pay option that accepts as one of its formats the epassporte format of data. This makes it easy for programs who currently offer ePass to offer us as well with limited integration time. 7) For an example of fees, let's say you wish to withdraw $5000 with epassporte. Withdrawing that via wire will take a few days to receive and cost $50. With PaySaint, the same amount will take 24 hours and cost $16.50. This is just one example of how our fees are more affordable. I hope this covers some of the questions you all may have about what PaySaint is and isn't, but if it doesn't feel free to ask here or ICQ/email me and I'll be happy to answer. In the end, we wish to become another option for affiliates. We are not asking programs to replace ePassporte/Payoneer/etc...simply offer us an an additional option and let the affiliates choose. __________________ Skype variuscr - Email varius AT gmail