New Online Payment Method

12 replies
Got wind of this company while reading a news article. Looks promising

Called 'Netswipe'. They allow a merchant to download their software, then when you are billing a customer, they simply show their credit card on their webcam for instant credit card verification. If you read their online pitch, they claim to be an internet marketers best friend, due to the instant verification of the customers c/c, so, less fees for the merchant as there's less risk involved.

One of the backers of the company is Eduardo Savarin, the partner who got booted from facebook.

It seems a bit too complicated and early to try and implement for most of us on here IMO (I'm sure many customers will feel uneasy about showing their credit card on webcam), but, this might be one to watch out for.

Watch the video...WAY cool!

https://pay.jumio.com
#\\online #method #online #payment
  • Profile picture of the author MonteMichaels
    Sounds like it may be promising in the future as long as it can survive the next few years of no one wanting to be the first to try it out.
    {{ DiscussionBoard.errors[6225685].message }}
  • Profile picture of the author Johnleesom
    It looks cool but it's a little too much for me paypal is so reliable.Haven't had problems for years.
    {{ DiscussionBoard.errors[6284552].message }}
  • Profile picture of the author EN WEB DEV
    Originally Posted by Johnleesom View Post

    It looks cool but it's a little too much for me paypal is so reliable.Haven't had problems for years.
    I agree...Paypal is so good for me.So I think paypal is the better option.
    {{ DiscussionBoard.errors[6284935].message }}
  • Profile picture of the author ionutcib
    I like this method...I hope it will be a good competition for Paypal.
    Signature
    {{ DiscussionBoard.errors[6289928].message }}
    • Profile picture of the author busterkman
      Yeah, Paypal is good. But they can also be very bad. By locking your account for one person crying "wolfe". I think competition is always good.

      Hope this new payment company gives them some competition.
      {{ DiscussionBoard.errors[6291187].message }}
  • Profile picture of the author Likha Tyson
    Banned
    Paypal is not good ,we were looking for a better alternative and here it comes...
    {{ DiscussionBoard.errors[6410044].message }}
  • Profile picture of the author layer
    I agree PayPal really needs a worthy competitor. Competition is good for all of us.
    {{ DiscussionBoard.errors[6410104].message }}
  • Profile picture of the author BlackWar
    Banned
    My bad luck, there is no option for my country !!
    I live in Bangladesh.
    {{ DiscussionBoard.errors[6410433].message }}
  • Profile picture of the author msu
    It's a good idea but I don't think it'll catch on - people will be just too wary of showing a webcam (which seems public & open) their credit cards. Users like to see an app or device that seems like it has some kind of security.

    It's all about perception.
    Signature
    New to WordPress? Save time with my beginner's guide:
    WordPress Step-by-Step
    (for Kindle & Kindle Apps)

    I'm a top-notch WordPress developer: hire me
    {{ DiscussionBoard.errors[6411814].message }}
  • Profile picture of the author limaxa
    nice,,,!! thanks for kind of information.
    {{ DiscussionBoard.errors[6420862].message }}
  • Profile picture of the author Simon Marco
    Nice post It is very informative post . I hope to read more such post so i can elaborate the knowledge. Thanks
    {{ DiscussionBoard.errors[6421360].message }}
  • Profile picture of the author maxpine11
    It was certainly interesting for me to read that information.definitely want to read more on that soon.
    {{ DiscussionBoard.errors[6439585].message }}

Trending Topics