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

ePayments · 2012-05-08, 09:01 AM

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

ecchi · 2012-05-09, 01:30 AM

Quote:

Originally Posted by ePayments

At the moment this infrastructure only facilitates affiliate commission payments.

Thanks, sorry for misunderstanding. I thought the same as G, that you were trying to be like ePassporte and so could be used by my clients to pay for my services.

One thing that would be useful, both to us and to you (as it would encourage sign-ups) is a list of links to sponsors who use you. At the moment none of my current sponsors appear to use you, so there is no point in me paying $35 a year for a card. However, due to the high cost of clearing US cheques outside the US (I currently pay £12, which is about $20, for each cheque I get) I would genuinely consider changing my main sponsors if I could get paid via a service like yours. (I changed 90% of them when I discovered ePassporte, and nowadays my main sponsor is one who pays by PayPal.)

Greenguy · 2012-05-09, 09:20 AM

Quote:

Originally Posted by ecchi

...One thing that would be useful, both to us and to you (as it would encourage sign-ups) is a list of links to sponsors who use you. At the moment none of my current sponsors appear to use you, so there is no point in me paying $35 a year for a card...

From what I've been told, they "are in discussions with a number of large affiliate networks and for contractual non-disclosure reasons we can not tell you who they are at this stage. If however, you would like to tell us which affiliate programmes/networks you would like to receive commissions form we will open dialogue with them (in case we have not already done so) and invite them to join the Association"

And, seeing as the $35 fee is waived for board members using t5his link - http://www.epayments.com/?i=greenguysboard - I think of it as them having a year to get on board with some of the affiliate programs we use

So everyone, feel free to post a list of sponsors you'd like to see ePayments.com open a dialogue with

2012-05-08, 09:01 AM	#1
ePayments Rock stars ... is there anything they don't know? Join Date: Apr 2012 Posts: 12	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 __________________ Order your ePayments chip & pin MasterCard here!