With so many affiliates out there looking for an alternative to ePassporte, the new service from the co-founder of Twitter called Square Up is looking more and more attractive, at least to the bigger boys. To date other ePass like payment solutions have been found to be far to expensive, unstable or unreliable. But this service, who works for anyone with an iPhone, iPad or Android OS phone could really solve the payment problems.
If I wanted someone to pay me for an ad for say $1,000. I could in the past just ask them to pay me via ePass. It would cost me about 5% to do that but at the time that was the way everyone was doing it. There was the Paypal option but again when it’s all said and done, about 5% to 7% there too. Basically for someone to pay me the $1,000 they owed me, it would cost me $50.
When Square Up you can take their credit card directly and pay only like 3.5%.
There is a tiny catch here. You can’t exactly take the card for selling website memberships, adult products like DVDs or even downloadable movies as that is against their TOS. But if someone owes you money for say website design or for creating a banner for them or for advertising, then this may be a viable solution to ePass. Just something to keep in mind when you are out there looking for a solution to replace the now defunct ePassporte.