15% for one transaction? and it has to be over $40? So basically they are making $6 from every $40, The question is, do you think its worth $6
Do you know how easy it is to set up one of these businesses? I could actually make one myself, and believe me I wouldnt charge 15%... only 10% lol. All they are really doing is taking your money and then putting their own money onto paypal etc.
Say I said "send me $400 from epassport and I'll put $360 into your paypal account in 15 minutes"
You send me the money, I leave it in my account and use my credit card to put $360 into your paypal account, each transaction is getting me more and more money, make over 300 transactions a day min $4 for me.
Then when someone goes "I want to transfer $80 from my paypal to epassport" you use the epassport account you just recieved the cash in then pass it over minus the fee's you charge, by the end of it you have 2 massive accounts
Last edited by Llamalord; 02-04-2008 at 05:11 PM.
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