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(Marina del Rey, CA) Epoch Transactions Services, aka Paycom Billing Services, an High Risk Internet Payment Service Provider (HRIPSP), announced today that they will begin accepting Switch and Solo - two additional electronic payment types which target the markets in the United Kingdom.
Switch, which began business in 1988, and Solo which started in 1997, currently have over 29 million cards in circulation. Both cards may be used on the Internet to make purchases with merchants who display their logos. Both card types are being added to all Paycom payment acceptance forms effective immediately. “We expect that by accepting Switch and Solo we will see a significant increase in sales from the UK” said Clay Andrews, President of Paycom. “Switch and Solo are two of the most recognized payment types in the UK and Paycom is currently the only U.S. HRIPSP to accept this card type.” Joel Hall, CTO of Paycom, said “Integration of Switch and Solo is seamless to our clients who will not need to affect any changes to begin accepting these new card types.” Use of the Switch card is expected to grow significantly as it is re-branded internationally as Maestro, and saw card volume top 68.7 billion British Pounds in 2003, or roughly $130 billion in US dollars. Paycom also accepts the Switch/Maestro card type. In the UK, plastic expenditure has overtaken cash for the first time and debit cards now account for two-thirds of all plastic card payments. This new feature is the first of many to be released by Paycom in 2005 designed to help sponsored merchants make the most of their online businesses. |
Thats Excellent!!!
And I love the seemless part. :) Means more money. :) Whilst you are here Rand , a thing came up in a new venture me and some of the boys are gonna try out. Is there anyway now or in the future that say I open an affiliate program throough Epoch with a join at 29.95 that epoch could pay ,say, a $25 flat rate per sign up to the affilate on a weekly basis? |
all i can say is WHEW!!!
i see the words "announcement" from a credit card processor these days and my testicles shrivel. |
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If you have a specific idea, drop me an email with your proposal and I'll see if there is anything we can do. |
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If you have a specific idea, drop me an email with your proposal and I'll see if there is anything we can do. [/b][/quote] Sweet! Will do. :) Now Opranauts , how is that for service? Can't get better :) Thanks Rand :) |
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he said 'see if there is anything we can do' ... sounds a lot like 'sure your account will be ready any day' Quote:
Good to see it was positive .... for now ;-)))) |
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he said 'see if there is anything we can do' ... sounds a lot like 'sure your account will be ready any day' Quote:
Good to see it was positive .... for now ;-)))) [/b][/quote] I have to say Epoch have always looked after me well. And I haven't sent any traffic worth a damn in at least a year. But may well be soon.... ;-)) |
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And I haven't sent any traffic worth a damn in at least a year. But may well be soon.... ;-)) [/b][/quote] Bring it on! What are ya waitin' for? |
LOL...
It'll be coming. Within the mth. Have to "gear up" for adult again :) |
Excellent Rand, keep up the great work :rokk:
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That is good news :)
Out of interest, now that you have the Switch functionality enabled do you forsee Epoch utilizing the Direct Debit system for online payments anytime soon? After Switch DD is one of the largest methods of payment for regularly scheduled bills in the UK and i can see this becoming MASSIVE in the porn industry is we were to be given the ability to utilize Direct Debit for recurring monthly memberships :) |
I like epassporte :salute:
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Hahaha... You said penetration ;) Thats good news Rand look forward to seeing what other things you guys are working on as they are launched :) |
I live in the UK... and all I can say is,
that is a really really good move. :) |
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