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-   -   How hard would it be to start a billing company like Paypal ect.. (https://gfy.com/showthread.php?t=1012118)

chaze 02-27-2011 10:43 PM

How hard would it be to start a billing company like Paypal ect..
 
With all these billing issues I wonder how hard it would be to start a global billing company like paypal or epassport.

x-rate 02-27-2011 11:14 PM

Quote:

Originally Posted by chaze (Post 17944570)
With all these billing issues I wonder how hard it would be to start a global billing company like paypal or epassport.

Like epassporte its easy... just send debit card to people ask wire and pull down credit card. Like paypal? it's another story

kazbalah 02-27-2011 11:23 PM

I was thinking of making one. I talked to a cc processing company, here in Australia - they were cheap and seemed pretty good to deal with.

Not sure about getting cards n stuff tho that might be a bit more work.

BJ 02-27-2011 11:26 PM

Best to leave these complex financial matters to penis pill companies

Jdoughs 02-27-2011 11:26 PM

Since there is not ONE single 'quality' service in existence in the world, and never really has been, I'd have to say it's not to easy.

sandman! 02-27-2011 11:38 PM

setting one up would not be that hard.

getting people to use it would be.

Konda 02-27-2011 11:48 PM

To setup a ePassporte clone with Choice Bank and a decent programmer, but to do it like Paypal or Netteller and become an official financial institution, so that people's money is protected by law, etc. is a whole different story.
Also getting people to use and trust your system is not that easy unless you have a lot of contacts or are backed up by some big names in the industry you plan to use it for.

Here you can get started:
http://www.choicebankltd.com/card/cobrand.php

That's what Paxum, RedPass and Payoneer use

chaze 02-27-2011 11:54 PM

Quote:

Originally Posted by Konda (Post 17944627)
To setup a ePassporte clone with Choice Bank and a decent programmer, but to do it like Paypal or Netteller and become an official financial institution, so that people's money is protected by law, etc. is a whole different story.
Also getting people to use and trust your system is not that easy unless you have a lot of contacts or are backed up by some big names in the industry you plan to use it for.

Here you can get started:
http://www.choicebankltd.com/card/cobrand.php

That's what Paxum, RedPass and Payoneer use

More like epassport then I would not want to be a real finical institution, just a virtual currency that people can use.

kazbalah 02-27-2011 11:59 PM

Quote:

Originally Posted by BJ (Post 17944610)
Best to leave these complex financial matters to penis pill companies

Or nigerians :)

bronco67 02-28-2011 12:08 AM

I'm sure its easy...

My aunt Flo did it last week, and she's doesn't know shit about computers and all of this internet stuff.

Grapesoda 02-28-2011 06:57 AM

Quote:

Originally Posted by chaze (Post 17944570)
With all these billing issues I wonder how hard it would be to start a global billing company like paypal or epassport.

the real issue is the level of fraud that you will draw with a billing company... think about it... you don't even have to fake sales like a phony affiliate.. just go straight for the money...

Sid70 02-28-2011 07:02 AM

http://www.intercash.com
http://www.mondialprivatebank.com/

woj 02-28-2011 09:33 AM

to do it legally not easy at all, it's not like you signup for some account with a bank, hire a programmer and are ready to roll...
you have to jump through ton of hoops to make it legit...


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