Please Welcome Electronic Payments Association (ePayments.com) To The Board!!

[ePayments]

Dear ecchi,

We appreciate your interest and apologies if we misled you in any way with regards to the nature of our business and intentions. Let me clarify.

Electronic Payments Association is a company limited by guarantee, which in contrast to a more traditional form of incorporation - company limited by shares, does not have shareholders. This means that interests of EPA members is everything that the association cares about.

We established EPA as response to many regulatory hurdles that make cross-border commission payments either very expensive or even impossible. As the association of individuals and business driven by common goal we used our bargaining power to negotiate a superior payments infrastructure for our members. This infrastructure is regulated by the European E-Money Directive, hosted by a british bank, insured and managed by a very experienced team of payments professionals.

At the moment this infrastructure only facilitates affiliate commission payments. However, we are negotiating with a number of service providers to offer merchant acquiring services as well.

We will keep you posted on the development and appreciate your comments and suggestions with regards to possible services the association could offer to its members.

Regards,
Mike