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Originally Posted by Keyser Soze
ePassporte is a business and it costs money to run a business and in the end I think the owner would like a profit just like with every other business.
1. Yes but it costs money to process the transaction.
2. its $.25
3. The ATM where you withdraw the money sets the exchange rate and the cases I've looked into when someone complained about a bad exchange rate its normally less than 1% difference from the official exchange rate.
4. The new version of the Electron card that have been sent out over the last year looks a lot better and like a normal card.
5. Like I mentioned a couple of times ePassporte is a business and money have to be made somewhere. I know I still save hundreds every year by using ePassporte instead of having to cash foreign checks.
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Oh, I know that epassporte needs to make money, but $35 for a card that costs mayber $1.00 to make? Hell, with the 2 banks that I deal with I can get a replacement card at anytime and for free. Ya, I pay a fee to take money out with my normal bank debit card.. $1.50 Canadian to be exact. All I'm saying is that this card is not worth anywhere close to the $35 epassporte charges its users/clients. I have the new card and they may look better than the old ones, but they are still the same quality pretty much. What I think many people want to know is how does epassporte justify charging people $35 for a piece of plastic that once it expires they have to pay that $35 again.. If they lose if, they pay. If they break it, they pay. If they card gets worn out, they pay. so the electron card costs $30 and the virtual card which is nothing but an imaginary thing costs $5.. So, ya, with those fees alone epassporte makes a fortune. A ONE time $35 fee would be more reasonable.
How much $ would epassporte lose if they issued free cards? Next to nothing is what they would lose. I'm not bashing epassporte in any way. I like epassporte, but I just think that these fees are ridiculous. Lets look at things for a sec.
1. ePassporte card - $35 (and you must pay this every year. lose your card you pay again etc..)
bank card - free (never pay to get a replacement)
2. Cost to take $ out at an ATM using ePassporte electron - $2.00
Cost to take $ out with my bank debit (with naks I deal with) - $1.50 Canadian
the .25 cent transfer fee is no big deal.. I mean, it's only 25 cents lol