How hard would it be to start a billing company like Paypal ect..

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  • chaze
    Confirmed User
    • Aug 2002
    • 9774
    #1

    How hard would it be to start a billing company like Paypal ect..

    With all these billing issues I wonder how hard it would be to start a global billing company like paypal or epassport.
    Like the desert needs the rain
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    Tags: billing
    • x-rate
      Confirmed User
      • Jun 2008
      • 725
      #2
      Originally posted by chaze
      With all these billing issues I wonder how hard it would be to start a global billing company like paypal or epassport.
      Like epassporte its easy... just send debit card to people ask wire and pull down credit card. Like paypal? it's another story
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        • kazbalah
          Confirmed User
          • Jun 2007
          • 1215
          #3
          I was thinking of making one. I talked to a cc processing company, here in Australia - they were cheap and seemed pretty good to deal with.

          Not sure about getting cards n stuff tho that might be a bit more work.
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            • BJ
              Confirmed User
              • Mar 2002
              • 5590
              #4
              Best to leave these complex financial matters to penis pill companies

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                • Jdoughs
                  Confirmed User
                  • Mar 2004
                  • 5794
                  #5
                  Since there is not ONE single 'quality' service in existence in the world, and never really has been, I'd have to say it's not to easy.
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                    • sandman!
                      Icq: 14420613
                      • Mar 2001
                      • 15431
                      #6
                      setting one up would not be that hard.

                      getting people to use it would be.
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                        • Konda
                          ...
                          • Apr 2003
                          • 2280
                          #7
                          To setup a ePassporte clone with Choice Bank and a decent programmer, but to do it like Paypal or Netteller and become an official financial institution, so that people's money is protected by law, etc. is a whole different story.
                          Also getting people to use and trust your system is not that easy unless you have a lot of contacts or are backed up by some big names in the industry you plan to use it for.

                          Here you can get started:
                          http://www.choicebankltd.com/card/cobrand.php

                          That's what Paxum, RedPass and Payoneer use
                          Last edited by Konda; 02-27-2011, 09:50 PM.

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                            • chaze
                              Confirmed User
                              • Aug 2002
                              • 9774
                              #8
                              Originally posted by Konda
                              To setup a ePassporte clone with Choice Bank and a decent programmer, but to do it like Paypal or Netteller and become an official financial institution, so that people's money is protected by law, etc. is a whole different story.
                              Also getting people to use and trust your system is not that easy unless you have a lot of contacts or are backed up by some big names in the industry you plan to use it for.

                              Here you can get started:
                              http://www.choicebankltd.com/card/cobrand.php

                              That's what Paxum, RedPass and Payoneer use
                              More like epassport then I would not want to be a real finical institution, just a virtual currency that people can use.
                              Like the desert needs the rain
                              We do fully manged WordPress, VPS, and Servers. Adult Host Pro https://adulthostpro.com/ Since 2001

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                                • kazbalah
                                  Confirmed User
                                  • Jun 2007
                                  • 1215
                                  #9
                                  Originally posted by BJ
                                  Best to leave these complex financial matters to penis pill companies
                                  Or nigerians
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                                    • bronco67
                                      Too lazy to set a custom title
                                      • Dec 2006
                                      • 29032
                                      #10
                                      I'm sure its easy...

                                      My aunt Flo did it last week, and she's doesn't know shit about computers and all of this internet stuff.

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                                        • Grapesoda
                                          So Fucking Banned
                                          • Jul 2003
                                          • 46238
                                          #11
                                          Originally posted by chaze
                                          With all these billing issues I wonder how hard it would be to start a global billing company like paypal or epassport.
                                          the real issue is the level of fraud that you will draw with a billing company... think about it... you don't even have to fake sales like a phony affiliate.. just go straight for the money...

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                                            • Sid70
                                              Downshifter
                                              • Dec 2002
                                              • 16413
                                              #12
                                              http://www.intercash.com
                                              http://www.mondialprivatebank.com/
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                                                • woj
                                                  <&(©¿©)&>
                                                  • Jul 2002
                                                  • 47882
                                                  #13
                                                  to do it legally not easy at all, it's not like you signup for some account with a bank, hire a programmer and are ready to roll...
                                                  you have to jump through ton of hoops to make it legit...
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