Ok I went to Paypals FEE Page and its a little vague on fees for adding funds to the account using credit card. I know they try like hell to get it from your bank account first. But I'm curious what their fees are (if any) to add funds into a paypal account using your credit card.

Heres the breakdown of the fees though (for comparison)


-----------------------PAYPAL FEES--------------------------------

Open Account FREE (acutally they pay you?)
Send Money FREE
Withdraw to bank FREE to us bank accounts
w/fluctuating one-time fees for
international withdrawls

Add funds FREE us bank accounts
????? us credit cards
1.50 euro forinternational BANKS
????? international cards

RECEIVING FUNDS It seems to fluctuate from 2.2%
to 3.4% plus a small (change)
per-transaction fee. Plus if you
spend the money you recv using
their visa atm/debit card then
you get back 1.5% of that.

I'm really interested in knowing the CREDIT CARD 'add funds' rate for paypal - if it even exists as an option at anymore. Everything I see there suggests that it doesn't. Bank accounts only.

Just saw this.

There is a contract for corporate accounts, I will get you one when I get back to L.A. if you'll remind me via emai. Write to me at [email protected]

To my knowledge, there are no country requirements.

---Rand

I will email you back as soon as I can get an answer for you.

There was discussion about this on another thread. Stand by.

Does the plastic card, the Visa Electron, works on the internet transactions too?

Rand, I read about some fees here, but please write again, so it is clear in my mind the fee structure of epassporte in the following cases:
1. Transfer of funds from my Visa card (when I open the epassporte account) to this virtual account.
2. Transfer of funds from a company (sponsor) to a natural person (i.e. to me).
3. Transfer of funds from me to a company.
4. Transfer of funds from me to a natural person (relative, friend, etc.).
5. Transfer of funds from a natural person to me.
6. Transfer of funds from my epassporte virtual account to my bank account.
7. Transfer of funds from my epassporte virtual account to another Visa card of mine (if possible) - eventually to the same card I used when opening this epassporte virtual account.
8. Cash withdrawal from ATMs (other than the fees of the bank owning the respective ATMs).
I would be grateful if you could reply to every point in this order :)

GoBigTime

About your paypal question. I don't think you can actually "load" money into your paypal account from your credit card. The main reason behind this being that credit cards charge higher interest on cash withdrawals. If you loaded your paypal from a credit card you could then withdraw it and only pay your credit card company normal interests.

Instead paypal works like this. When you go somewhere that uses paypal and either click on a payment or subscription button you type in your username and password. It shows you the amount you are being billed and the funding source. Whether you choose credit or bank account it pulls exactly the amount you are spending from either source. Same goes for sending a cash payment to an individual. You type the amount and the source and it takes that from your card or bank account.

You can only upload funds with a check, or your bank account. Neither of which I would suggest. The reason being when you choose to upload money it takes up to 4 days to clear your bank. However, if you make a payment to someone, regardless of the funding option it sends them the money immediately. If your bank account is your primary source and it doesn't clear the funds then your credit card is charged I believe.

I see no reason to leave a balance in your paypal account at all. I don't like my money sitting anywhere. The only time I leave money there is when I plan to shop with the paypal debit card for the 1.5% cash back.

As for the fees you talked about I only know of 35 cents and 2.2% per transaction. (used to be 100% free for anything)

I have had an account since they started for ebay so I am pretty familiar with it. Anything else just ask.

No. Only the Virtual works online. It does not work offline, anywhere. The electron works worldwide at PIN-based Point of Sale Terminals (POS). So in the USA that means grocery stores, gas stations, most car rental agencies, some hotels and more and more retailers, especially the large chains. The elctron also works on any PLUS or Visa branded ATM, worldwide.

Once again, we are trying to keep up with the questions, take in your constructive comments (which, btw, I really like regarding the uses... it makes us think...) and to reply here and on several other boards.

The worldwide call in details will be posted on an new thread Friday. You will be able to listen to our basic presentation, then ask questions that all will hear. We will be available and that call line will stay open with Clay, Rand, Tony Keith (Director of IT), other Tech Support, marketing staff and me, as long as there are questions.

Thanks to all for the encouraging reception. The people at the show are all over this, as thet are able to get answers, face-to-face in real time. I think that once you have participated in the call in Monday you will all see the value, functionality and opportunity that epassporte provides.

Thanks....

Chris
CEO EPOCH

Rand answer my 2 questions please.

More people are asking about it, Can we use the Election Visa on the internet too and is it possible to load the balance with a friends creditcard.

i dont have a creditcard but can use his one to create one at your site and he will increase my amount then.

but how must i create a account, thats not possible, make it possible then you are the best company on the internet.

A credit given toward an epassporte purchase will work the same way as a credit given to any Visa card. Epassporte "is" a Visa card and you would not see any differences here. But you would see fewer chargebacks.

To get an account, sign up online at https://www.epassporte.com/. You can have a loaded Virtual Visa in less than time than it takes you to read this thread. Opt for the Electron Card and it will arrive to you in about 10 days.

1) Yes. If you are an affilate your sponsor may choose to pay you with epassporte. Thus, they would load funds on your card. Or, any other epassporte cardholder can transfer funds to your card instantly at a cost of .25 cents regardless of amount.

2) Yes. It "is" a real Visa Card. It does have 16 numbers and it does have a CVV2. It can be used to withdraw cash at any ATM or to purcahse goods/services at any PIN based Point of Sale merchant.

We expect that this card will even have uses for paying allowances, babysitters, housekeepers, etc.... It's easy to load funds instantly whenever needed and so easy to use.

You must have a Visa or MasterCard to obtain an epassporte at this time. There may be alternative methods coming soon such as the ability to get a card with a check or wire transfer.

It "is" possible for someone to create a Virtual Visa and then order an Electon card and send it to you for use. Actually, we expect the card will be used this way quite a bit for, say example, the kids in college etc... With epassporte you could send them funds 24 hours a day instantly for books, bail money, .. whatever.

So lets say my friend is someone, if someone signsup with my name on your site, how can he load the funds with his creditcard, thats impossible you can't enter the creditcard owner name, how?

and the visa election card, can i use it too to buy stuff on internet too or to pay on airports with a visa logo, because a visa card is not a atm card a atm card is a maestro here.

because i dont have a creditcard and can use a friends one, and i want a epassporte with my name on the election visa card, if you have time answer the 2 questions above, thanks.

Rand do you have icq or msn ?

its alot easyer to talk.

A full review of fees can be found in the T&C when signing up for an epassporte account. If I understand your question correctly, here are the fees:

1) Load fees are $5 per $100 or any portion there-of. There is no charge for account itself.
2) No cost to you to receive funds
3) For personal accounts, transfer fee is .25 cents for any amount (up to 5 transfers per day). Additional transfers (same day) are $1 per transfer.
4) See #3
5) See #2
6) Transfer not allowed. You can withdraw funds using an Electron card from any ATM.
7) Not available.
8) Not sure if there is a fee for this one. I'll check on that.

Your friend can purchase the card for you and have it your name. It will still need to be mailed to his billing address. But the name on the card could be yours.

--Rand

Nope. But I've got to sign off now and get down to the show floor at InterneXt.

I'll check back in soon.

How, tell me how he must sign up at your site (his name or my name) and how to load funds and how to get a election visa at my name, i only need that info.

and you didt answer my last question, can i use the electrion visa as a normal visa at shops and airports and everywhere.

because a atm card is not a visa card here in the netherlands. a atm card is a maestro card.

and what if i have some clients without a epassporte and want to pay me 25$ just as a example

then they must signup for epassport and pay 50$ to get a epassporte, cant you make a gateway to customers without letting them signup and pay with a cc to a epassporte account.

A Wire transfer would be cool:glugglug
Everybody have bankaccounts but not everybody have creditcards or don´t feel safe to give card details on the internet to anyone

I think many of us europeans fall into this category.

As matter of fact even one of My Banks what i´m using recommends not to use creditcards online outside of my country until verified by visa system kicks in..

Jonnax,

We agree. We will be looking into solutions to allow for loading from wire/electronic transfers and local debit cards for certain countries/regions. This will vastly improve the number of surfers who will have access to using the epassporte Visa. Two things that make this great are

1) Anonymity for the surfer
and
2) foreign markets which could not previously purcahse memberships to U.S. websites will now be able to do so.

Add in the new chargeback protection and you've got a real answer to foreign traffic now.

Keep those ideas, thoughts, and questions coming. That's how we know what you want so that we can provide it.

BTW -- InterneXt convention floor just closed. Damn good show!


http://www.changethevote.com/e-passp...virtual_sm.jpg

Rand- I've read about some news that epassporte will do some business with ibill so ibill will accept E-visa cards from blocked countries. On the other hand- and I think most of the -other companies won't allow the blocked countires whether we use E-visa card or not. Hopefully you will make it right.

An other good idea from Hansm that visitors could pay us to our epassporte account without having an epassport account. Isn't it profitable for you? ok, bill these transactions 0-1$ and we'll be happy:)

Rem,

Can you elaborate on your questions? I'm not sure I completely understand what you're asking.

--Rand

Epoch Clients Take Note:

All Epoch clients need to watch for the Epoch newsletter tomorrow afternoon for important news about epassporte.

This card would be more useful is you didn't already need to have a credit card to get one and fund it. If it was possible to fund it through a bank account or wire transfers waaay more people would use it. As it is, the only people I can see using this are people with sever porn addictions that come from the typical fraud countries that are willing to go through the process of shifting money from one card to another just to buy some porn.

In any case, epoch should put an advertisement for this card on their decline page.

*note* sorry if any of this has already been discussed in this thread, I'm too lazy today to read the whole thing. :Kissmy :pimp

Thanks Brown Bear,

Card funding through wire payments and online checks coming soon! Wire payments have already been requested as a means of obtaining and loading epassporte. Good stuff!

And yes, the point of epassporte is not to replace normal credit card trans but to provide a means for those in blocked countirers or in fraud DB's to be able to purchase their memberships.

All Epoch clients using the standard join form are already prompted to an epasspore option upon denial. Those using FlexPost allowing Epoch to handle denial responses are being prompted as well. Those clients handling their own denial responses with FlexPost will receive instuctions tomorrow about how to implement epassporte as an option.

:GFYBand :drinkup

I tried this last night and got a message to re-enter the zip. I went from the 9 to the 5 digit zip and it still said the same error message and declined. But my card was charged or preauthorized charged $55 and your system didn't register my data. I've called twice to customer service. The fellow last night said he would have someone call today and no one ever did. I called again and the customer service rep said they would look into it that there were kinks still in the system and they would for sure get back to me in 30 minutes. No one called back as promised.

So, all I can say is I hope to heck that $55 charge is just a pre authorized hold and comes off my card and you get the kinks fixed on this system before it goes into mass marketing, cause webmasters and customers have little patience for kinks.

err.. I think I'll give it a couple of months to get the bugs worked out before I sign up.

Per the posting above.

Rand must make it perfectly clear, that this Card will not work for normal POST retail transactions like a standard visa/ or visa check /debit card.

It can only be used retail wise at an ATM or at a retail establishment that accepts purchase with a pin code.

you can not use it as a stand alone charge card without a pin.
------------------------------------------


) Yes. It "is" a real Visa Card. It does have 16 numbers and it does have a CVV2. It can be used to withdraw cash at any ATM or to purcahse goods/services at any PIN based Point of Sale merchant.

Is that just a thought or are the wheels already in motion? if so how long til that feature is up?...

The load fee is $5 for every $100? That sounds like a bit much.

So if I load it with $3,000 I have to pay $150 just to load money onto it? The load fee should be like $5 for any amount loaded onto it, people would load way more.

The thing is it costs ePassporte a % fee (probably ~2.5% +/- a bit) for the charge.... So a $3000 load might be costing them $75.

I forgot about this when I was suggesting they make the discount a bit lower to start.

But see... Paypal is *Massive* now right? Well when they first launched, it was not only 100% free for all, but they were PAYING people hand over fist to sign up AND refer people. I think it was like $10 to signup and $10 referral to start. It was crazy for awhile. They must have had millions allocated to give away for the name-branding launch.

We all know how well that worked out for them in the end :)
Ebay Buys Paypal For $1.5 BILLION in stock. (which has since went up like 15% lol)


I think something similar for ePassporte would work nicely....
(I shouldn't be giving away all these ideas... but I imagine if Epoch/ePassporte uses any of them that I can get a nice kickback on the Epoch fees or something) :Graucho

But think about that Epoch Guys... In the beginning Paypal was doing all that processing for free... millions and millions in transactions for free AND they were giving away all that money to people for signups & referrals ($10 at first, then $5 - on both ends - the signup and the referrals) -- it was MADNESS & it would be again (cause its fuggin FREE MONEY).

But check it out.. lets say absolute worst case scenario they spent 20 million buying their signups/referrals & the initial processing charges that they ate (but I think some of the banks were in kahoots with paypal)... In the end, they made like 100 times that when they sold to ebay. These deals were all POST dot-com-bomb stuff.

I'm not sure what your banking agreements will allow you to process ($ wise / industry wise etc) .. but there is a ton of cash out there & you guys have the contacts & the knowledge of the industry....

I just sort of see this ePassporte thing having a weak initial push for what it could have been. No offense at all, but I know Internext was coming up and you guys had to be ready for that.

Anyway I don't know if it would be possible for ePassporte to start out with something like this or not, but heres an idea...

#### FREE IDEAS START HERE ####

If you were to GIVE AWAY MONEY paypal style, say $5 or $10, to each new account, for a no-strings account creation (no initial load required, though registering a CC on file would be) - then you might be able to get a ton of webmasters PROMOTING ePassport on their websites. Webmasters could then promote things like (say they have a $2.95 trial and you pay $5 to a new epassporte signup)

"GET PAID two dollars to check out our site! These guys will pay for your trial membership AND you'll have two bucks left over! Click here for details!"

Then you could link them to a quick-n-dirty INFORMATIVE page about the benefits of the virtual visa & epassporte (ie the wife blocking/protection, the creation of virtual visa account numbers on the fly for each merchant etc)

Now, if you were to ALSO pay the referring webmaster $5 for the new account referral (again, paypal style)...

Then you are Talking REVOLUTION...... BIGTIME :thumbsup

Are you sure?

We use paypal for some software & services we provide. I just went through the order process and it really appears that if you don't have a Paypal account, that its just a normal credit card transaction (and it forces you to create a paypal account for you too of course). I'm like 99% sure that its a real-time purchase for new credit card users. (Damn I should know this stuff since its our only payment option for this).

(I'm going through this thread trying to find out if the ePassporte rebilling question has been answered yet)

Does Epassporte work if you have your own merchant account and Epoch just does the processing?

Thanks, Rand, for your reply! :thumbsup
I'm waiting for the answer with the Electron fee for an ATM withdrawal.
Btw, you say there is no fee for me when a sponsor sends me money, but what is their fee? Just that $.25 (or $1 for more than 5 transfers/day) or more? Because if it's (much) more, they might deduct that from the amount to pay us - so I'm curious to know.

Another thing is: can I create an epassporte virtual account with no money (but a card info provided), have funds paid in it by a sponsor and then order a Visa Electron card for $35 to be mailed to me? To save that initial $5 fee :1orglaugh

Two questions KRL. When did you try this and where are you located? There was a zip code issue day of launch that got resloved Wenesday. It had something to do with postal codes that included alpha characters and affected those trying to sign up from Europe and Canada. That issue should be cleared up now. We are defnitely issuing cards now.

Please let me know.

--Rand

Yes Sextoyking. That is correct. That is what I meant by PIN based Point of Sale merchant.

The physical epassporte card is a Visa Electon (which is accepted worldwide) but is for electronic use only meaning it must be swiped and used with the PIN.

The ability to fund epassporte cards by wire is already available for company and corporate accounts. It just hasn't been integrated for personal accounts yet. So, yes, it is already in the works and shouldn't take long. There have been several European webmasters who've requested this already.

goBigtime,

WOW -- Thanks for taking the time to throw some ideas our way. Some of this has already been discussed but you've got some very interesting ideas for us to consider.

You're right. We were working feverishly to launch epassporte at InterneXt and that's why we talk about "coming soon" features in earlier posts. We are in the process of making epassporte as flexible as possible and I'm sure that as this product grows there will be changes to enhance it usability.

We will definitly take your post into consideration. Thanks again for taking the time to share your ideas.