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Old 02-27-2011, 10:43 PM   #1
chaze
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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.
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Old 02-27-2011, 11:14 PM   #2
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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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Old 02-27-2011, 11:23 PM   #3
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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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Old 02-27-2011, 11:26 PM   #4
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Best to leave these complex financial matters to penis pill companies
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Old 02-27-2011, 11:26 PM   #5
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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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Old 02-27-2011, 11:38 PM   #6
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setting one up would not be that hard.

getting people to use it would be.
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Old 02-27-2011, 11:48 PM   #7
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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 at 11:50 PM..
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Old 02-27-2011, 11:54 PM   #8
chaze
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Originally Posted by Konda View Post
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.
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Old 02-27-2011, 11:59 PM   #9
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Best to leave these complex financial matters to penis pill companies
Or nigerians
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Old 02-28-2011, 12:08 AM   #10
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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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Old 02-28-2011, 06:57 AM   #11
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Originally Posted by chaze View Post
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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Old 02-28-2011, 07:02 AM   #12
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http://www.intercash.com
http://www.mondialprivatebank.com/
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Old 02-28-2011, 09:33 AM   #13
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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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