View Single Post
Old 12-20-2011, 09:19 PM  
Michael O
More Cowbell
 
Industry Role:
Join Date: Jul 2001
Location: Nakhom Nowhere
Posts: 10,607
Quote:
Originally Posted by LatinaCrazy View Post
It is not a question of the models and studios paying the 49 dollars, the question is about the other 90% of the folks. The problem is that I have to convince them to change to this card when they now do not have to pay anything for a card.

As for funding their cards I don't know many modes who live outside of the US who have us bank accounts, ergo they cant fund the account.

I really cant speak about your business but I can about mine, we can not afford to pay 50 bucks for a card when most of the models who sign up to work never work.. I know it is not just us it is industry wide...

Banks are not an option for two reasons, one is that 5 years ago the banks decided they did not want to do business with video chat companies and therefor if they find that you are declaring money for that reason they will close your account.

The other reason is that any declaration more than 5k has to have proof of origin as well as original invoice. I do not believe that your company nor MFC will provide that.

From what I have read in the business account that we have I see nothing about promo codes, I will have to look again.

As for the time that it takes the card to arrive, I see no reason why it should be different for Redpass than it is was for epassport, Payoneer, Paxin, American Express or a letter from my mom.

I have just had a look at my Business account and found no reference to Promo Codes. I also found it interesting that the link to the card limits has gone missing... Or at least I could not find it again.

I think that it is great to have a new payment system from a reputable company who is actually based in our business. This is great. I also think that I have to face the obstacles that I see.

Micheal is a great guy, and I have full faith in this new company... Again I just know what is going to be a hard sell..
Fees and limits are listed here:
Business account: https://www.redpass.com/business-account/
Personal account: https://www.redpass.com/personal-account/

Promo codes are done manually at this time.

How to sell it to your models is that its cheaper to use RedPass.
There are no currency exchange fee other than MasterCard's 1% and compared to the other solutions this means they pay less fees.
For someone doing $1.000 a month in non USD this means they will have another $30 a month and after 2 months the card is paid for.
For someone doing $3.000 a month its $1.000 on a yearly basis for a studio doing $20.000 a month its more than $7.000 a year.
__________________
Truth Teller
Michael O is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote