50 possible improvements for online wallets

Personally multiple accounts would be nice.

Paypal makes you jump through a great deal of hoops to get multiple accounts listed at the same address. This makes things very damn inconvient if you run more than one business or if your trying to keep your books seperate for assorted projects. I find it a big waste of time to have to manually go through all the transactions and then figure out which one is for which business and so on.

Reciept folders that are customizable. Sort of like an email system yet where you can edit and name them as you choose so you can file away assorted transactions as you please.

Customizable auto responders for when people send you funds.

A customizable calendar inside of the billing area that you can set reminders that also will email you or message you if you choose.

Preset future pending transactions. Sort of like how my online bank does it. I can set it to transfer funds at a future date in the amount I choose on the day I choose. This should be bi directional and even account to account.

Minimum and maximum balances. Option to set these or leave as blank. If set the account will always ensure you have a minimum amount available for instant transactions, and or a maximum amount in the accout and any excess will automatically be transfered to your bank account on record.

Fee's comparable to paypal and less like epassporte.

Options to send in US funds or local currency *at reasonable exchange rate.

Ability for people to pay a bill to you even if they do not have an account. So they can just pay you by credit card or whatnot.

Ability to add notes to assorted users you have in your own address book.

another good thing would be no limits on the amounts you can load into the account.. Like with epassporte there is a $500 daily limit (for a regular account) so if I was to make $1000 with a sponsor that pays me through epassporte I wouldn't be able to get it. So I would have to try to talk to the sponsor and get them to make 2 deposits of $500 within a 2 day period which would be a pain in the ass. No limits for anything would be a plus.

1- Add funds to your account with a bank account from ANY country in the world, instead of just a few select countries.
2- Withdrawal money by wire transfer to ANY country in the world, instead of a just a few select countries.
4- Reasonably high daily transaction limits.
3- Option to put your money in a savings account and earn anual interest. ;)

4- Have 24/7 live chat support accessible from inside your account with staff that actually has a clue on how the system works.

Business accounts can send larger amounts to personal accounts. I've received many transfers over $500.

Just in case this wasn't clear enough. :)

I totally agree! :thumbsup
and to add multi-currency system, like on moneybookers...
24/7 live support (by phone and skype)....

Bump for the new guys

Yep - hit the same problem with two different bank accounts trying 12 months apart so I've given up now. It's never going to be useful enough for me to justify the hassle of trying to open it and some of the fees are scarily high.

I've been wanting a backup or simple good alternative to PayPal for some of our projects for a long while now so here's hoping it all goes smoothly :) To be honest my biggest fear is you'll somehow get the fraud part wrong and either make it so tough that it's useless for users (as so very many have in the past) or go too soft on fraud and not be in business for long due to being hit hard (again like so many have). It's a very tough balancing act to get right and I wish you all the luck n the world doing so.

The other thing I find interesting is the amount of people comparing a new system to epassporte. Epassporte is as good as useless for anything other than BtoB style payments such as sponsor payments. Despite PayPal's obvious flaws and problems you cannot compare it to epassporte as they for the most part do things very differently and PP is far more functional, as hopefully Chio's new system will be.

There is only one person that I'd trust with my money on this board and that's lensman.

I haven't read the full thread (spank me, I've been naughty)

BUT I would love the option to have multiple accounts. Like a chequing account vs savings account setup. One I can use and have autowithdrawals from, and one that is more of a pool type account. Also be able to have multiple accounts period. That always pissed me off about paypal. I want one account with my real name, one with my other name, but both tied to the same bank account. That would be nice. Or maybe that's just being extra paranoid. ....

sorry, rambling.

I dont if you have included it or not but being able to use efpos to pay would be great.

So youre building a paypal alternative and a month before launch you ask people for suggestions? Sounds like serious competition for epass/pp!!!

Not based on an opensource payment script is it?

You should read my first post :) It's been in development for a year.
I just wanted to make sure I had most features people wanted which from this thread I can see, we do.

If you mean EFTPOS, it's not in yet but certainly something we would look into.

I predict you'll be happy with our system :upsidedow

This is one of my primary concerns that I talked with Chio about on icq.

IMHO (and no offense) but saying you got a good set of investors and whatnot isn't deffy not enough, we need some names & credentials, look at the history of programs and billing companies to see why i'm so concerned...

Paypal will shut you down... you better have some alternatives.

so when with the new system be revealed...or has it already been?

^^^^^^BUMP^^^^^^

when when when!

....another bump

any news

YARGH! A bit sidetracked. Coming a long nicely. Should be ready for soft launch in a few days :)

need any beta testers?

cool, obviously I'm looking forward to it...whats your icq?

nevermind I'm blind

Man, I so hope this will work out nicely!

1. When your system takes off, dont get too big for your pants, or blinded by money. Remember where you came from.

Without adult. Paypal would most likely not have gotten the foothold they did. IMHO.

2. Want to really do something for your customers. Be like a real bank. Offer them Bank things. A savings account that payes interest. Etc....

Anonymity!!!
Ease of registration!!!
You allow ADULT Stuff without Attitude!!!
I can get a person on the phone and not buttons to push for 20 mins!!!!
I can access my money from any ATM machine!!!

just dont rape me on the fees and everythings cool, also good currency exchage rates would be nice

I agree with that!

bump to find out what is happening with this....

what is word mr. pirate?

Yeah, what up mate?

bump

Egomancer

Another bump :)

with epass - some sort of escrow system

bump again til chio sees this :)

Such a system on solid code would be VERY expensive. I know, trust me :)

It would need to be all around through-through, user-friendly system.

Very expensive :)

As he's more or less ready to go bar sorting legalities out I'd guess that he's very aware of that. Besides which, coding costs would probably be the least of your worries if trying to launch this sort of venture.

I have done it before :) so... so if somebody needs input? get in touch with me ([email protected]).

I think the biggest ?challenge? will be the banks and cross border issues.

Bump for Chio

Multiple accounts has already been addressed several times, and I would also love to see that.

Just as much, if not more, I'd like to have "sub accounts". Accounts that branch off the master account so I could easily take charges on different web sites, even different areas of the same site, and keep them seperate for tx, p&l, any other purposes.

The ability to tag URLs with a key that would show up in the history would be great. Something like the campaign features that many affiliate programs use. Some of them allow you to add a key to a URL and it is automatically stored when it's first used. You don't even have to create a campaign/tag first.

Just thought of it - a number of user defined url variables that I can pass back and forth in my site's processing system. For example, I could pass in custom parameters that would be stored in the transaction history. Hmm.. maybe your API already covers this? For example, I could dynamically follow a user through the site, and track what page the purchase was actually made from. Or, it could be as asimple as letting me pass my own data, like a customer ID or even demographic info, into the transaction history. That data could then be dumped for reinclusion into my reporting system.

QUALITY CUSTOMER SUPPORT :winkwink:

You'd think this one would be a given... But then again if it was, then no one would be looking to compete with epassporte. :winkwink:

What he said + an easy way to check another account holder's 'reputation' (like the PP 'verified' thing but better)

(bonus idea: gpg/pgp encrypt the emails your system sends... or atleast have the system sign the emails it sends)

:thumbsup :thumbsup