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Easton · 08-11-2005, 10:07 PM

I've been doing some research on adding EP as a payment option for my affiliate program... from the EP website, they state: "It's [...] much cheaper than [...] checks"

So i check out the fees and from the page i could find (https://www.epassporte.com/secure/jsp/Fees.jsp) it's 5% to load the card each time and $0.25 per transfer, up to 5 per day, then $1 each after that.

Let's assume someone needs to pay 20 webmasters $500 each for a pay period, a total of $10,000.

With a regular bank check: it's free business checking with my account, the check and envelope cost $0.25 from NEBS and the stamp is $0.37 on average. So to pay 20 WMs $10,000 would cost $12.40 in total, assuming US WMs for all to keep this simple.

To do the same thing with EP would cost: $10,000 x 5% = $500 to load, then $1.25 for the first 5 WMs and $15 for the other 15 WMs, for a huge total of $516.25

So i don't see how they can claim that EP is "much cheaper than checks" when it would cost more than $500 more to do the same transaction each period... am i missing something?

Please tell me i screwed up something, cuz this makes absolutely zero sense.

08-11-2005, 10:07 PM
Easton Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Location: Phoenix, AZ Posts: 9,825	ePssporte VS. checks I've been doing some research on adding EP as a payment option for my affiliate program... from the EP website, they state: "It's [...] much cheaper than [...] checks" So i check out the fees and from the page i could find (https://www.epassporte.com/secure/jsp/Fees.jsp) it's 5% to load the card each time and $0.25 per transfer, up to 5 per day, then $1 each after that. Let's assume someone needs to pay 20 webmasters $500 each for a pay period, a total of $10,000. With a regular bank check: it's free business checking with my account, the check and envelope cost $0.25 from NEBS and the stamp is $0.37 on average. So to pay 20 WMs $10,000 would cost $12.40 in total, assuming US WMs for all to keep this simple. To do the same thing with EP would cost: $10,000 x 5% = $500 to load, then $1.25 for the first 5 WMs and $15 for the other 15 WMs, for a huge total of $516.25 So i don't see how they can claim that EP is "much cheaper than checks" when it would cost more than $500 more to do the same transaction each period... am i missing something? Please tell me i screwed up something, cuz this makes absolutely zero sense. __________________ New models booked and shot every week... MILFs, pornstars and teens. Girls for every niche and project. Looking for high-quality affordable exclusive content? Check me out at Easton Content for all the details.