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Pre-paid cards
Just checked out my e-mail and noticed an interesting story on the avn newsletter...
FT. LAUDERDALE, Fla. - Communications network DuoCash and IPSP iBill have a joint and exclusive marketing deal letting iBill merchants accept prepaid telephone cards as credit card alternatives. rest of the article is here: http://www.avnonline.com/index.php?P...tent_ID=191480 |
yeah.. i think it's possible! hope it will work!
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It's a cool product, I saw them at Internext. Looks like iBill invested big as they had quite a few people there.
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duocash rocks.. its the future of prepaid internet billing..
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There was a guy in Miami that was trying to start something like that about three years ago. It was called peepcards, or something like that.
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And since we are enabling cards that are already being distributed by the pre-paid phone card companies, our distirbution is in the thousands of locations, and growing VERY fast. |
VERY nice, Michael! I'm very excited for you.
I knew you had been secretly hard at work on some deals, but I didn't know it was this! :thumbsup Great work and good luck! iBill is lucky to have you guys! |
:winkwink:
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But anyway.....I really think that this is going to work out VERY well for everybody. It's going to be a great partnership!:thumbsup :thumbsup |
i'll check that site.. thanks for the information..
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I'm sure it will be a success! |
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Mark |
We've been doing this for ages with Cyber Tokens. :thumbsup
Contact me if anyone needs to get hooked up! |
I love the DuoCash product - works great and is a great alternative....
Congrads to ibill on finally making a good decision!! |
Actually WTS - Ben, the cybertokens product has some major differences. As an e-wallet product, it still requires customers to perform online banking transactions.
With Duocash, the customers can purchase the cards in thousands of locations across the country (in about 6 weeks, it will be 10k locations nationwide), as well as from virtual online card distributors. This means that: 1. The customers stay completely anoymous, and are never exposed to potential online fraud risks. 2. Since the transactions take place outside the banking interchange, then the problems with changing banking regulations won't apply to transactions through Duocash-enabled cards. 3. A cash transaction in a retail store means NO chargebacks. Even the transactions through online card distributors come through on the descriptors as pre-paid phone cards, and are therefore not subject to the chargeback problems ordinarily seen. 4. Almost a quarter of Americans, for example, don't have credit cards. They can walk into a store, and buy with cash. |
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This is really great technology. With duocash we will no longer get the support emails from wives saying "no one in my house signed up to your site...never, ever, ever would that happen! "
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Looks very solid.
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Using pre-paid phone cards to make web purchases is exciting!!
There are millions of them in circulation. Bring it on :) |
http://www.tarasxxxcard.com/
I have been around people trying to do this for awhile.... You need a big distributer to make serious cash. |
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Is there any regulation in the US about distributing these cards? Or is it a free market? I have always like what the card offered and the members area is completely full. |
It's a free market. As long as the buyers are adults.
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A few small dealers there but nothing major. Our other product http://www.adulttriplexcard.com also has a couple of NJ dealers.
We need more in NJ so if you are interested hit me up on ICQ 137-202-998 |
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We also have several virtual phone card distributors that sell Duocash-enabled phone cards online as well |
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It acts as virtual cash on the internet |
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