Quote:
Originally posted by jact
Their fees are likely based upon the fact they have a smaller customer base and have to cover expenses. I'm sure if they had hundreds of thousands if not millions of customers, they could knock a percentage point off of their fees (Though I doubt they would to be honest).
I have an ePassporte account (Personal), but I'm not really too fond of their system and I'm not too keen on putting any money in their control, not because of fees though.
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Our fees are based on what it costs us to set up accounts and to allow credit card loading of accounts. Those of you who receive money via credit card sales understand that the bank, the Visa folks, etc all get a piece of every transaction. ePassporte is no different in that respect, we pay Visa, interchange and the banks for every load, every card number issued, etc.
If someone wanted to use ePassporte for business, they wouldn't be loading it with a credit card anyway, since business accounts are all funded via bank wire and there are no percentages on those transactions, just what the banks charge for the wires.
