The Epass/Paypal Alternative I have been hinting at for years has arrived. - Page 2 - GoFuckYourself.com

Mutt · 10-05-2007, 08:47 PM

Quote:

Originally Posted by Chio

Sorry Mutt the rates for 3rd party are 5% for beta (grandfathered)

5%? the other third party processors are between 12 and 15%. how can you offer such a better rate? for high risk internet even if i got a merchant account it would be about 8% I thought.

Drake · 10-05-2007, 08:52 PM

Very interesting news. Congrats Chio.

Chio · 10-05-2007, 08:57 PM

Quote:

Originally Posted by Mutt

5%? the other third party processors are between 12 and 15%. how can you offer such a better rate? for high risk internet even if i got a merchant account it would be about 8% I thought.

I have been an IPSP since 1998 (my avs) and have built up very solid relationships so I am able to get pretty good rates.

Also it is only 5% for beta (which stays with you after launch) we will likely launch at 10% with a sliding scale based on the risk of an individual merchant.

For example a merchant with very few chargebacks processing rate would begin to decline over time and the flip side is a merchant with a high number would increase.

We don't think it's fair to charge someone doing clean business the same rate as a merchant that isn't.

starpimps · 10-05-2007, 08:57 PM

ooo snap, great news!

This will be a force to be reckoned with

congrats chio

Aric · 10-05-2007, 09:20 PM

Chio for president!

yargh!

Mutt · 10-05-2007, 09:29 PM

Quote:

Originally Posted by Chio

I have been an IPSP since 1998 (my avs) and have built up very solid relationships so I am able to get pretty good rates.

Also it is only 5% for beta (which stays with you after launch) we will likely launch at 10% with a sliding scale based on the risk of an individual merchant.

For example a merchant with very few chargebacks processing rate would begin to decline over time and the flip side is a merchant with a high number would increase.

We don't think it's fair to charge someone doing clean business the same rate as a merchant that isn't.

that sounds good

Shoehorn! · 10-05-2007, 09:45 PM

Congratulations man.

Jace · 10-05-2007, 09:47 PM

Quote:

Originally Posted by Chio

You do have to pay to fund your account though (as high as 25.00 if I remember correctly) which is already factored into their rates. So you're likely paying more than 25 cents.

I will say this... we will be competitive with all of the major p2p systems.

i don't ever fund my account with epassporte, the last thing I wanna do is go out of my way to give them money, with you it will be different though

in fact, until last month I wasn't allowed to fund my account because I didn't purchase one of their visa cards....LOL

I usually let money come in from a couple of sponsors I let pay me by epass, then use that money for p2p, which is $.25

Mickey Mouse · 10-05-2007, 09:56 PM

Looks good. Sure hope it works out. Suggestion for ya though, I'd feel a bit more comfortable if you used SSL on the signup page--I'm sure you'll do this before it's out of beta though.

Bro Media - BANNED FOR LIFE · 10-05-2007, 10:01 PM

nice, about time chio, always spouting off about it in irc!

Chio · 10-05-2007, 10:04 PM

Quote:

Originally Posted by Mickey Mouse

Looks good. Sure hope it works out. Suggestion for ya though, I'd feel a bit more comfortable if you used SSL on the signup page--I'm sure you'll do this before it's out of beta though.

The signup forms are secured. I inadvertanly posted the non secure link in my post but if you go to the site and click the send money link you'll be directed to the secure page.

Sorry about that.

peterk · 10-05-2007, 10:06 PM

Nice

Juicy D. Links · 10-05-2007, 10:08 PM

chio will be there like a atm type card

he-fox · 10-05-2007, 10:09 PM

QUOTE:
and soon via debit or virtual credit card.
/QUOTE

I'm expecting for this one to happen. Which bank will handle the VISA or MC cards?

Juicy D. Links · 10-05-2007, 10:10 PM

forget last question i am tired i didnt read earlier post , can i get a cobranded visa card?

minusonebit · 10-05-2007, 10:14 PM

Is anyone running a book yet on how long before ePass fails completely?

gecko · 10-05-2007, 11:18 PM

this is great news

madawgz · 10-05-2007, 11:21 PM

thats awesome

minusonebit · 10-05-2007, 11:26 PM

Quote:

Originally Posted by gecko

this is great news

You can say that again.

polish_aristocrat · 10-05-2007, 11:31 PM

Quote:

Originally Posted by Jace

i am not quite sure that many people grasp the gravity of this new service that chio is offering

and one thing is for sure, with Chio behind it, it WILL NOT fail..he is one person I would stake my entire reputation on, when he does shit, he does it right the first time

I will be perhaps the only one to say this but I'd rather trust with my money someone who used to co-own or be CEO (?) for years of one of the two biggest processors in adult, than someone who got originally famous playing a pirate on a message board.

Nothing againt Chio but you just can't say that it will not fail.

If you got money in Citibank, you know you're safe.

But no online virtual payment should be really trusted with high amounts.

marko13 · 10-05-2007, 11:31 PM

good luck chio with that new option....

minusonebit · 10-05-2007, 11:35 PM

Quote:

Originally Posted by polish_aristocrat

I will be perhaps the only one to say this but I'd rather trust with my money someone who used to co-own or be CEO (?) for years of one of the two biggest processors in adult, than someone who got originally famous playing a pirate on a message board.

Nothing againt Chio but you just can't say that it will not fail.

If you got money in Citibank, you know you're safe.

But no online virtual payment should be really trusted with high amounts.

iBill?

Chio · 10-05-2007, 11:56 PM

Quote:

Originally Posted by polish_aristocrat

I will be perhaps the only one to say this but I'd rather trust with my money someone who used to co-own or be CEO (?) for years of one of the two biggest processors in adult, than someone who got originally famous playing a pirate on a message board.

Nothing againt Chio but you just can't say that it will not fail.

If you got money in Citibank, you know you're safe.

But no online virtual payment should be really trusted with high amounts.

You do raise some valid concerns and this is precisely why there are banking laws, money transmission requirements, and accountability... to keep people safe.

I am offering a solution to people that are looking for one but it's simple...
If you don't feel comfortable using a new system... don't.

Shoehorn! · 10-06-2007, 12:54 AM

Quote:

Originally Posted by polish_aristocrat

I will be perhaps the only one to say this but I'd rather trust with my money someone who used to co-own or be CEO (?) for years of one of the two biggest processors in adult, than someone who got originally famous playing a pirate on a message board.

Then I suspect you've never met him or even talked with him. I can honestly say hes one of the most trustworthy, honest people that I know, and I normally don't trust ANYONE.

In fact, I can count on one hand the people I actually trust, including family, and he is one of them.

Jace · 10-06-2007, 01:02 AM

Quote:

Originally Posted by polish_aristocrat

I will be perhaps the only one to say this but I'd rather trust with my money someone who used to co-own or be CEO (?) for years of one of the two biggest processors in adult, than someone who got originally famous playing a pirate on a message board.

Nothing againt Chio but you just can't say that it will not fail.

If you got money in Citibank, you know you're safe.

But no online virtual payment should be really trusted with high amounts.

after this past year for me I can say Chio is one of maybe 10 total people in adult that would trust, and that is out of knowing 1000+ people in the adult industry

and if you still trust the "co-owner or be CEO (?) for years of one of the two biggest processors in adult" after this past year then I hate to say it, but you need help....epass has shown to be one of the most incompetent companies in adult

btw, why isn't Chris Mallick ceo/co-owner of paycom anymore?

martinsc · 10-06-2007, 01:25 AM

wow, finally some real good news on gfy

great job Chio

as soon as the cards are ready and sponsors will paying through VC - i'll be in

Due · 10-06-2007, 01:54 AM

I see no information about what a credit card load to the account cost, or any other fees involved.
I dont see how you can launch a service without a price list.

JuiceMonkey · 10-06-2007, 02:50 AM

We've been one of the lucky ones who got to beta test this out. From the moment you sign up you can easily see that this service will dominate the market very quickly.

I don't think people understand how good of an offer this is, 5% processing is unheard of at any processor, even if you're one of the big boys!

Congrats on the soft launch, and we can't wait until all of the features are unrolled.

VicD · 10-06-2007, 02:53 AM

cool, gonna check it out right now...
are the aff programs also interested to use the service?

macker · 10-06-2007, 02:55 AM

Congrats on the launch, the industry has needed a viable alternative for a long while.

justsexxx · 10-06-2007, 03:28 AM

Hey, do you mean when I join (for creditcard processing) I only pay 5%? While ccbill/epoch etc charge like 12%?

Do you have an affiliateadmin as well? Or do we need a 3rd party system like MAS/NATS etc?

JFK · 10-06-2007, 03:37 AM

Quote:

Originally Posted by Chio

For epass it costs 2.00 to make a payout to affiliates (en masse) paypal charges 1.00 for their mass payment option but it cannot be used for adult.

Not sure who you're referring to with those numbers but I think we're very competitive being in the middle of the two.

YES, the rates are competetive, I will check it out!

justsexxx · 10-06-2007, 04:36 AM

Also, are you hosting everything at theplanet? Do you have physical access to your servers?

NinjaSteve · 10-06-2007, 04:46 AM

Quote:

Originally Posted by Chio

You do have to pay to fund your account though (as high as 25.00 if I remember correctly) which is already factored into their rates. So you're likely paying more than 25 cents.

I will say this... we will be competitive with all of the major p2p systems.

epassporte fees say

Quote:

Loading/Funding Your Account Using a Visa
US$5.00 per US $100 loaded or portion thereof.

Loading/Funding Your Account Using a US Bank Account
Initial Load Fee: US$5.00
(Applies only to accounts that have not yet purchased a Visa Virtual Account)
Re-Load Fee: US$2.00

So that means to do an ACH it's $2 load my account, and then p2p transfers are $0.25. If I'm sending 10 transfers a month and have to load my account once per month the fees are $4.50. With you it sounds like they'd be $15.00.

You might consider in the future to distinguish between affiliate payouts and p2p.

Nicky · 10-06-2007, 04:56 AM

This is great, I want to work for you Chio

Jet - BANNED FOR LIFE · 10-06-2007, 04:57 AM

the name of the service is Verified Charge?

no offense, but it sounds dumb

maddox · 10-06-2007, 05:17 AM

who will issue the electron cards? is it going to be like US bank where they can get info about every user (which of course I don't want) or some offshore bank ?

Jace · 10-06-2007, 05:20 AM

Quote:

Originally Posted by NinjaSteve

epassporte fees say

So that means to do an ACH it's $2 load my account, and then p2p transfers are $0.25. If I'm sending 10 transfers a month and have to load my account once per month the fees are $4.50. With you it sounds like they'd be $15.00.

You might consider in the future to distinguish between affiliate payouts and p2p.

I dont' believe the p2p service is up and running yet, and I am pretty sure it will be a seperate site from this

i might be mistaken though

Penny24Seven · 10-06-2007, 05:30 AM

count me in, I want to add it to my DVD store

AmigoPorn · 10-06-2007, 05:35 AM

Signing up as we speak

MaDalton · 10-06-2007, 05:59 AM

can i wire money from my account to a european bank account?

without having to complete fax forms but just by doing it online like i can with paypal?

Marshal · 10-06-2007, 06:03 AM

i was unable to see https used on your site. is this just me?

Marshal · 10-06-2007, 06:13 AM

Quote:

Originally Posted by nettrust

i was unable to see https used on your site. is this just me?

well, at least i don't think you linked https... so, everything's fine so far!

Jace · 10-06-2007, 06:16 AM

Quote:

Originally Posted by nettrust

i was unable to see https used on your site. is this just me?

did you read the thread?

OneWhoKnows · 10-06-2007, 06:21 AM

Well, what can I say besides just THANKS CHIO!!!!!!

I was one of those screaming for an alternative and now it looks like this will become reality very soon. Your rates sound pretty cool to me so far - can't wait to see the final solution.

So, let's all just hope a lot of sponsors will start to use it when it becomes available. That would finally be a complete solution by adult for adult

CJLog · 10-06-2007, 07:20 AM

Interesting, thx!

dready · 10-06-2007, 07:40 AM

Looks awesome! Chio, can you please hit me up?

Snake Doctor · 10-06-2007, 07:40 AM

Let me be the first to say
YARGH!!!

dready · 10-06-2007, 07:47 AM

Signed up and got: Error UAC01

pornguy · 10-06-2007, 08:18 AM

So basically this is JUST LIKE epass, but with the ability to sell things like paypal.?????

10-05-2007, 08:57 PM	#54
starpimps Confirmed User Join Date: Sep 2006 Location: internets Posts: 6,954	ooo snap, great news! This will be a force to be reckoned with congrats chio __________________ Teen Porn Models / Solo Girls

10-05-2007, 09:20 PM	#55
Aric Confirmed User Industry Role: Join Date: Sep 2002 Posts: 1,209	Chio for president! yargh! __________________ Awesome cloud hosting by DigitalOcean

10-05-2007, 09:45 PM	#57
Shoehorn! Die With Your Boots On Join Date: Oct 2003 Location: Hawaii Posts: 22,872	Congratulations man. __________________

10-05-2007, 10:06 PM	#62
peterk Confirmed User Join Date: Aug 2007 Posts: 3,529	Nice __________________ Bogat mama ala cu loturi de trafic

10-05-2007, 11:18 PM	#67
gecko ****** Join Date: Jun 2002 Posts: 21,846	this is great news __________________ [email protected]

10-05-2007, 08:52 PM	#52
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Very interesting news. Congrats Chio.

10-05-2007, 09:56 PM	#59
Mickey Mouse Confirmed User Industry Role: Join Date: Apr 2006 Posts: 104	Looks good. Sure hope it works out. Suggestion for ya though, I'd feel a bit more comfortable if you used SSL on the signup page--I'm sure you'll do this before it's out of beta though.

10-05-2007, 10:01 PM	#60
Bro Media - BANNED FOR LIFE MOBILE PORN: IMOBILEPORN Join Date: Jan 2004 Location: Tinseltown NL Posts: 16,502	nice, about time chio, always spouting off about it in irc!

10-05-2007, 10:08 PM	#63
Juicy D. Links So Fucking Banned Industry Role: Join Date: Apr 2001 Location: N.Y. -Long Island -- Posts: 122,992	chio will be there like a atm type card

10-05-2007, 10:09 PM	#64
he-fox Confirmed User Join Date: Jun 2006 Location: Playa del Carmen, Mexico Posts: 2,884	QUOTE: and soon via debit or virtual credit card. /QUOTE I'm expecting for this one to happen. Which bank will handle the VISA or MC cards?

10-05-2007, 10:10 PM	#65
Juicy D. Links So Fucking Banned Industry Role: Join Date: Apr 2001 Location: N.Y. -Long Island -- Posts: 122,992	forget last question i am tired i didnt read earlier post , can i get a cobranded visa card?

10-05-2007, 10:14 PM	#66
minusonebit So Fucking Banned Join Date: Feb 2006 Location: [email protected] Posts: 7,391	Is anyone running a book yet on how long before ePass fails completely?

10-05-2007, 11:21 PM	#68
madawgz 8.8.8.8 Industry Role: Join Date: Mar 2006 Location: Noordermarkt Posts: 30,509	thats awesome __________________ TAEMDLRMSKRJIXMRLSMRJ.

10-05-2007, 11:31 PM	#71
marko13 Confirmed User Join Date: Apr 2004 Location: www.lvpshosting.com Posts: 7,512	good luck chio with that new option.... __________________ We are responsible for your hosting ... Enjoy in your life. Shared hosting from $3.95 Europe Linux VPS plans from $11.37 http://www.LVPSHosting.com

10-06-2007, 01:25 AM	#76
martinsc Too lazy to set a custom title Industry Role: Join Date: Jun 2005 Location: 127.0.0.1 Posts: 27,047	wow, finally some real good news on gfy great job Chio as soon as the cards are ready and sponsors will paying through VC - i'll be in __________________ Make Money

10-06-2007, 01:54 AM	#77
Due Confirmed User Industry Role: Join Date: Mar 2001 Location: Murrieta, CA Posts: 3,620	I see no information about what a credit card load to the account cost, or any other fees involved. I dont see how you can launch a service without a price list. __________________ I buy plugs Skype: Due_Global /Due

10-06-2007, 02:50 AM	#78
JuiceMonkey Confirmed User Join Date: Oct 2004 Location: Brisbane/Vancouver/SanFran Posts: 3,581	We've been one of the lucky ones who got to beta test this out. From the moment you sign up you can easily see that this service will dominate the market very quickly. I don't think people understand how good of an offer this is, 5% processing is unheard of at any processor, even if you're one of the big boys! Congrats on the soft launch, and we can't wait until all of the features are unrolled. __________________ ICQ: 72251955 GTalk: JuiceMonkey

10-06-2007, 02:53 AM	#79
VicD ICQ: 304-611-162 Join Date: Feb 2005 Location: Masterdam Posts: 13,245	cool, gonna check it out right now... are the aff programs also interested to use the service?

10-06-2007, 02:55 AM	#80
macker Confirmed User Join Date: Jul 2003 Location: www.FetishAssets.com Posts: 2,161	Congrats on the launch, the industry has needed a viable alternative for a long while. __________________ ForcedMen \| AsianViolation \| WorkMyCock \| TickleAsian \| MasturbationInstructors \| AssCleaners \| TickleTorment \| Fetish4Download (VOD) \| PantyhosePlaza \| FemaleDomination mick[at]fetishassets.com \| ICQ: 395-117

10-06-2007, 03:28 AM	#81
justsexxx Too lazy to set a custom title Join Date: Aug 2001 Location: The Netherlands Posts: 13,723	Hey, do you mean when I join (for creditcard processing) I only pay 5%? While ccbill/epoch etc charge like 12%? Do you have an affiliateadmin as well? Or do we need a 3rd party system like MAS/NATS etc? __________________ Questions? ICQ: 125184542

10-06-2007, 04:36 AM	#83
justsexxx Too lazy to set a custom title Join Date: Aug 2001 Location: The Netherlands Posts: 13,723	Also, are you hosting everything at theplanet? Do you have physical access to your servers? __________________ Questions? ICQ: 125184542

10-06-2007, 04:56 AM	#85
Nicky Judge Jury and Executioner Industry Role: Join Date: Mar 2003 Location: Sweden Posts: 30,069	This is great, I want to work for you Chio __________________ gfynicky @ gmail.com

10-06-2007, 04:57 AM	#86
Jet - BANNED FOR LIFE So Fucking Banned Join Date: Sep 2002 Posts: 7,515	the name of the service is Verified Charge? no offense, but it sounds dumb

10-06-2007, 05:17 AM	#87
maddox Confirmed User Join Date: Jan 2004 Location: Vienna, Austria Posts: 648	who will issue the electron cards? is it going to be like US bank where they can get info about every user (which of course I don't want) or some offshore bank ?

10-06-2007, 05:30 AM	#89
Penny24Seven So Fucking What Industry Role: Join Date: Jun 2007 Location: USA Posts: 6,289	count me in, I want to add it to my DVD store __________________ Our site is coming soon. It will be one of the best ever! I know so. Brian and Penny

10-06-2007, 05:35 AM	#90
AmigoPorn Too lazy to set a custom title Join Date: Jul 2003 Location: Mexico - So far away from god, so close to the United States Posts: 21,583	Signing up as we speak __________________ ICQ: 267899523

10-06-2007, 05:59 AM	#91
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,821	can i wire money from my account to a european bank account? without having to complete fax forms but just by doing it online like i can with paypal? __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

10-06-2007, 06:03 AM	#92
Marshal Biz Dev and SEO Industry Role: Join Date: Jun 2005 Posts: 15,139	i was unable to see https used on your site. is this just me? __________________ --- Busy ranking websites on Google...

10-06-2007, 06:21 AM	#95
OneWhoKnows Confirmed User Industry Role: Join Date: Aug 2005 Location: European Union Posts: 873	Well, what can I say besides just THANKS CHIO!!!!!! I was one of those screaming for an alternative and now it looks like this will become reality very soon. Your rates sound pretty cool to me so far - can't wait to see the final solution. So, let's all just hope a lot of sponsors will start to use it when it becomes available. That would finally be a complete solution by adult for adult

10-06-2007, 07:20 AM	#96
CJLog Registered User Join Date: Jun 2007 Posts: 35	Interesting, thx!

10-06-2007, 07:40 AM	#97
dready Confirmed User Industry Role: Join Date: Oct 2002 Location: Toronto, ON Posts: 5,247	Looks awesome! Chio, can you please hit me up? __________________ ICQ: 91139591

10-06-2007, 07:40 AM	#98
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	Let me be the first to say YARGH!!! __________________ sig too big

10-06-2007, 07:47 AM	#99
dready Confirmed User Industry Role: Join Date: Oct 2002 Location: Toronto, ON Posts: 5,247	Signed up and got: Error UAC01 __________________ ICQ: 91139591

10-06-2007, 08:18 AM	#100
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,912	So basically this is JUST LIKE epass, but with the ability to sell things like paypal.????? __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!