ePssporte VS. checks - GoFuckYourself.com

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.

Realpascal · 08-11-2005, 10:08 PM

Why can't we just all get along..

Easton · 08-11-2005, 10:09 PM

Quote:

Originally Posted by Realpascal

Why can't we just all get along..

Why can't you add something valuable to the board..

sandman! · 08-11-2005, 10:11 PM

Quote:

Originally Posted by Easton

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.

no your 100% right epassport is only as big as it is because of european webmasters that have to pay to cash USA checks.

paypal is 100x better then epassport but does not accept adult any more.

paypal charges the person that gets the $$$ while epassport charges both.

epassport charges me $2 to transfer $$$ to my bank account and limits it to $300 per withdrawl plus they get $$$ from people sending the $$$

i dont like it but whatever its a expense i have to pay.

Realpascal · 08-11-2005, 10:11 PM

Do you know who framed Roger Rabbit ?

Easton · 08-11-2005, 10:14 PM

Quote:

Originally Posted by sandman!

no your 100% right epassport is only as big as it is because of european webmasters that have to pay to cash USA checks.

paypal is 100x better then epassport but does not accept adult any more.

paypal charges the person that gets the $$$ while epassport charges both.

epassport charges me $2 to transfer $$$ to my bank account and limits it to $300 per withdrawl plus they get $$$ from people sending the $$$

i dont like it but whatever its a expense i have to pay.

ok good, i'm glad i'm not the only one who thinks it's a crock of shit then LOL

how much are euro WMs paying to cash a check? christ i could wire them all the money for $20 a pop, still coming it at more than $100 less in cost than EP

4Pics · 08-11-2005, 10:17 PM

I don't believe you pay those fees if you wire them the money, but I still dislike paying $2 to send money.

fuzebox · 08-11-2005, 10:21 PM

As a business account holder funding your account via wire, I don't think you pay the 5%.

I prefer Epassporte because between my travelling and the fact that my bank holds USD checks for 30 days, it can be 2-3 months before I see that money.

sandman! · 08-11-2005, 10:21 PM

Quote:

Originally Posted by Easton

ok good, i'm glad i'm not the only one who thinks it's a crock of shit then LOL

how much are euro WMs paying to cash a check? christ i could wire them all the money for $20 a pop, still coming it at more than $100 less in cost than EP

epassport is great for webmasters making $100 a month from 10 diffrent programs that might get charged $15 a check to cash it for most other people its a joke.

when you pay by eassport your going after the smaller affiliates.

xclusive · 08-11-2005, 10:24 PM

I like epass as it's really easy to get my money but the fees are high but they can do that as they don't really have any competition right now and they know it. I just hope that googles payment system will support adult and fees come down thanks to the competition.

Easton · 08-11-2005, 10:24 PM

Quote:

Originally Posted by 4Pics

I don't believe you pay those fees if you wire them the money, but I still dislike paying $2 to send money.

so are you saying that to wire $10,000 to EP they won't rape me for 5%?

is this written somewhere?

sfera · 08-13-2005, 08:15 PM

so do most of you accept your payments by check?

08-11-2005, 10:07 PM	#1
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.

08-11-2005, 10:08 PM	#2
Realpascal Confirmed User Join Date: Jun 2005 Location: Dutchie !!! Posts: 2,119	Why can't we just all get along.. __________________ OMGWTFBBQ

08-11-2005, 10:11 PM	#5
Realpascal Confirmed User Join Date: Jun 2005 Location: Dutchie !!! Posts: 2,119	Do you know who framed Roger Rabbit ? __________________ OMGWTFBBQ

08-11-2005, 10:24 PM	#10
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	I like epass as it's really easy to get my money but the fees are high but they can do that as they don't really have any competition right now and they know it. I just hope that googles payment system will support adult and fees come down thanks to the competition. __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

08-11-2005, 10:17 PM	#7
4Pics Confirmed User Industry Role: Join Date: Dec 2001 Posts: 7,952	I don't believe you pay those fees if you wire them the money, but I still dislike paying $2 to send money.

08-11-2005, 10:21 PM	#8
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,173	As a business account holder funding your account via wire, I don't think you pay the 5%. I prefer Epassporte because between my travelling and the fact that my bank holds USD checks for 30 days, it can be 2-3 months before I see that money.

08-13-2005, 08:15 PM	#12
sfera Confirmed User Join Date: Aug 2005 Location: ICQ: 248877409 Posts: 8,597	so do most of you accept your payments by check?