epassporte fees suck
 

I was looking at getting an epassporte commercial account mainly because of so many posts on this board recommending them as an alternative to paypal. I buy and sell traffic and was considering using them as a payment solution for customers buying traffic. Well I was shocked to learn of their fees. Firstly, they don't mention their fees anywhere on their site (unlike paypal) so I had to call. I was then told that there was an 8% fee to receive funds. When I replied that I thought that 8% was much higher than what the competition charged I received the reply "but paypal doesn't accept adult anymore". Sounds to me that epassporte is exploiting adult webmasters because many of many of them can't use paypal now. Why should epassporte fees be so much higher for the same service webmasters received before with paypal. I understand that Epassporte also charges 5% to the payor to load their account. Paypal charges nothing. So why is everyone recommending epassporte as the best thing in a long time. I was also shocked to find that when I received the contract that I was required to fax a copy of my passport with my application. This is from a company based offshore in the Carribean. I think a better idea would be for the operators of this company faxing me and every other webmaster using their service a copy of their passports. Sounds to me that they won't be around to long if this is how they conduct business.

Those fees suck. BOOOOOOOOO to epassporte

Epassporte makes me happy :2 cents: :2 cents: :2 cents: :2 cents:

Epassporte just plain suck. End of story.

I've heard good things about Stormpay as well. I created an ePassporte account to use at Party Poker. That's probably all I'll use it for.

If they charge 8% to receive money from others, and that other person already paid 5% to load the money into their account, that's a total of $13 that they've made from that same $100. Sorry honey, not gonna happen...

I'm pissed off with them.

I eventually got my Electron card, so that I can withdraw my money from theis bank account. Been with them two months and have the grand sum of $800 in the account. Less than we take a day with MultiCards.

The ATM let me take out $185 so what about the rest?

ePassporte are not that good, you get an order with the payment via them. The order gets cancelled when the buyer sees the $5 in every $50 or part of $50 (yes $51 costs him $61) and the verification system.

I just sent you a few hundred bucks yesterday via epassporte. Stop crying :)

Yeah, I've been trying to get them to raise my atm limit. I managed to get ?400/day from atms... I WANT that limit higher. I'm gonna live off epassporte account while in internext... $400/day isn't enough!

That's the only bad thing. :2 cents:
..of course fee's are always too high :winkwink:

damn and i thought paypal fees were high.

PayPal is great for withdrawing money.

Your daily spending limit is: $3,000
Your daily ATM cash withdrawal limit is: $400

The fee for withdrawing money at an ATM is $1.
Bank account -> PayPal account: $0
PayPal account -> Bank account: $0

PayPal is good for something :thumbsup

Cheaper to get your own merchant account.

wait until mr. taxman finds out about your epassport account ....

one word: moneybookers
beat this: 1% fees, up to EUR 0.5
more about their fees: http://www.moneybookers.com/app/help.pl?s=fees

and surprise: they're in UK , not in a so called fiscal paradise.
and they work worldwide...

now that I gave you so much valuable info if you consider joining please do it under my referral : https://www.moneybookers.com/app/register.pl?rid=111764

Comments from KimmyKim ???

aren't you tired of the same old song?

Sure am. :thumbsup

oh, forgot to say smth: they're adult friendly too ;)

me too :thumbsup

TGF -- you gotta quit asking me for things on Friday afternoon, I dont control the process, and by the time I relay the requests it's too late to get someone to clear it --

As for the fees being too high, well let's see.

You pay as a consumer to use a Visa or Mastercard, you pay as a merchant to accept a Visa or Mastercard.

The costs of doing business are simply what they are. When someone takes on the risk of the transaction for you, and relieves you of a huge part of the fraud and chargeback ratio allowances, AND does it in a manner that doesn't kill your wallet, it is up to you as to whether or not you want to use it.

I'm not going to make you, I'm not even going to tell you that you have to, and I'm not even going to strongly suggest you do.

I'm just going to sit back and watch what happens with all the new MC and Visa stuff, after I've watched Paypal pull out, and then we'll see who's watching what :)

check this article out, it talks about their fees....

http://www.webmastervault.com/tip-ep...stormpay.shtml

I looked into epassporte, saw their fees and almost had a seizure from laughter. If they make you happy, good for you. I wouldn't touch them with a ten foot pole. I won't even consider using them to send money to other people, much less collect payments through them.

SpaceAce

Nice article, not 100% accurate but not bad.

i guess they can never really be 100% unless one has extensive experience with the subject in question.

if you'd like to write me up something i'd be more than happy to publish it :thumbsup

epassport should just charge the receiving buisness I think. Even though that is what I would be in the case of using them, it makes the customer more open to using them.

Thanks for the order TGF and the plug. But what is the use if I cannot get the money out? Looks like my limit is $200 a day.

Not much use if I start doing a lot of business through them.

ePassporte have three major problems.

(1) The signing up process, if you cannot access your CC statement online you have problems signing up. It is also weighted towards Americans. They charge you an ammount in dollars.

(2) Charging the client to deposit money.

(3) They do not send an email to the seller to confirm payment. This one is very strange and I can't see why they don't do it.

Wow I was going to use them on our paysites for people joining and was even thinking about paying affliates via epassporte but screw losing 10% + of the money in transit. Western union only charge 5% and thats still a lot to lose when your talking big money.

If stormpay can charge 3% i'm sure epassporte could too. I guess there either not able to or don't want too. I think i'll stick to paypal for affliate payouts.

nothing can beat 25% WU fees :1orglaugh

If you were going to lose all that money in paying out affiliates I guess it would be a different story then wouldn't it?

Corrections or you would rather ask me questions? I can go either way with you :)

What consumer pays to use a credit card these days?

hey...lets all jerk eachother off


spanks!

The ones that pay their bill, duh.

And the ones that have co-branded cards like my very own B of A AmWest card...

there is no such thing as a credit card without fees . . . how else do you suppose they make their money?

and then there's that pesky thing called interest

Hush up now, if you start making sense this could get ugly ;)

if you pay it off there are no fees or interest. it costs nothing to use and nothing to write cheques.

huh? how do you write a check with a credit card?

I am not charged any fees to use my credit cards as long as I pay the balance due on time. One of them is a gold card, still no fees.

THe merchant pays the fees.

So I really don't get your post:
quote:
--------------------------------------------------------------------------------
Originally posted by Kimmykim


You pay as a consumer to use a Visa or Mastercard, you pay as a merchant to accept a Visa or Mastercard.
--------------------------------------------------------------------------------

Makes no fucking sense.

Epassport should only charge the " merchant " the fees they feel they require to operate and that the merchant can support.

:2 cents:

Um, sure.

easy, they give you cheques. then you use them.

have your ever used a credit card? lets see no fees and you pay off the balance and no interest. where's the fees?

there are none...

Sorry to tell you this but B of A charges a yearly on any of their co-branded cards that give you points or miles.

My Mastercard carries a 35 buck a year fee too, whether or not you pay it off.