A idea that could really really work!

GJ · 07-09-2005, 05:16 AM

You know that their are so many online banks now and there all doing really well.
My idea is to have a bank in the middle where you could move your money in and out of these banks as they don't want the money to go to some other online bank. This is how the idea would work out in the end :

Online bank 1 (paypal) -> -> This idea (name here!) -> -> Online bank 2 (name here!)

As long as no site has got this idea it could make some big money for someone.

Porte · 07-09-2005, 07:53 AM

I'm sorry, I'm afraid I didn't understand what you mean.. ?

StudioWorks · 07-09-2005, 08:07 AM

You are talking about hmmm a online vault or something ? Dont know if I understand exactly

- SW

GJ · 07-09-2005, 08:37 AM

Ok! The money is taken out of bank 1 put in to the middle then taken out in to bank 2.

mycomputerstore · 07-09-2005, 08:50 AM

Sounds like a escrow type bank...is that the concept? kinda a "MoneyEscrow" site??????????????

CreativeWeb · 07-09-2005, 08:51 AM

a better idea would be to make a whole new online pay system, because paypal charges way too much. if you can make a payment system and only charge a small fee for transactions, that will make you a lot of money..it's just wayyyy too hard to create

Porte · 07-09-2005, 09:08 AM

Oh, payment system..that's nearly impossible, involving the costs, and licenses and credit card applications. For the escrow bank, could you give more details? I try to get it to work but I can't connect lines.

vip-ip · 07-09-2005, 09:18 AM

This is possivle, you you're rich, but what would you need this for? You can't have a useful PayPal account without a bank account. If you have a bank account, you can withdraw money from virtually any ATM (for a fee, and the system you're describing will have fees too), so I don't think this'll go far.

Crabby · 07-09-2005, 09:22 AM

Ok, so explain, if you had some money in PayPal, (#1) why you would want to get it to another online payment provider in the first place, (#2) then why you'd do it through a "middle" provider rather than directly to the other bank?

Your idea sounds pretty pointless, but then again, I'm not sure I (or anyone else) understands it for that reason.

GJ · 07-09-2005, 09:35 AM

What if you don't have a bank account that you can use on the net like me.
Then how will I move the money?

se · 07-09-2005, 09:58 AM

maybe just use the money in paypal on online stuffs?..or use similar service like ikobo.com?

07-09-2005, 05:16 AM	THREAD STARTER #1 (permalink)
GJ Senior Member Join Date: Feb 2005 Posts: 2,226	A idea that could really really work! You know that their are so many online banks now and there all doing really well. My idea is to have a bank in the middle where you could move your money in and out of these banks as they don't want the money to go to some other online bank. This is how the idea would work out in the end : Online bank 1 (paypal) -> -> This idea (name here!) -> -> Online bank 2 (name here!) As long as no site has got this idea it could make some big money for someone.

07-09-2005, 07:53 AM	#2 (permalink)
Porte Senior Member Join Date: May 2005 Location: I'm right here Posts: 3,525	I'm sorry, I'm afraid I didn't understand what you mean.. ? __________________ WP Theme Developer Your One-stop for Premium Magazine/CMS WordPress Themes Deluxe Themes

07-09-2005, 08:07 AM	#3 (permalink)
StudioWorks no one lives forever Join Date: Apr 2004 Location: NamePros Posts: 8,075	You are talking about hmmm a online vault or something ? Dont know if I understand exactly - SW __________________ epagini.com mexicorealty.net softwarepit.com yadasoftware.com

07-09-2005, 08:50 AM	#5 (permalink)
mycomputerstore NamePros Member Join Date: Jun 2005 Location: West Alexandria, Oh. Posts: 134	Sounds Like a... Sounds like a escrow type bank...is that the concept? kinda a "MoneyEscrow" site?????????????? __________________ Steve Chrismer www.drakecomfort.com www.mycomputerstore.com www.smartgear.com

07-09-2005, 09:08 AM	#7 (permalink)
Porte Senior Member Join Date: May 2005 Location: I'm right here Posts: 3,525	Oh, payment system..that's nearly impossible, involving the costs, and licenses and credit card applications. For the escrow bank, could you give more details? I try to get it to work but I can't connect lines. __________________ WP Theme Developer Your One-stop for Premium Magazine/CMS WordPress Themes Deluxe Themes

07-09-2005, 08:37 AM	THREAD STARTER #4 (permalink)
GJ Senior Member Join Date: Feb 2005 Posts: 2,226	Ok! The money is taken out of bank 1 put in to the middle then taken out in to bank 2.

07-09-2005, 08:51 AM	#6 (permalink)
CreativeWeb Account Suspended Join Date: May 2005 Posts: 304	a better idea would be to make a whole new online pay system, because paypal charges way too much. if you can make a payment system and only charge a small fee for transactions, that will make you a lot of money..it's just wayyyy too hard to create

07-09-2005, 09:18 AM	#8 (permalink)
vip-ip Account Suspended Join Date: Jan 2005 Location: root@localhost Posts: 4,011	This is possivle, you you're rich, but what would you need this for? You can't have a useful PayPal account without a bank account. If you have a bank account, you can withdraw money from virtually any ATM (for a fee, and the system you're describing will have fees too), so I don't think this'll go far.

07-09-2005, 09:22 AM	#9 (permalink)
Crabby NamePros Member Join Date: Aug 2004 Posts: 73	Ok, so explain, if you had some money in PayPal, (#1) why you would want to get it to another online payment provider in the first place, (#2) then why you'd do it through a "middle" provider rather than directly to the other bank? Your idea sounds pretty pointless, but then again, I'm not sure I (or anyone else) understands it for that reason. __________________ *michael*

07-09-2005, 09:35 AM	THREAD STARTER #10 (permalink)
GJ Senior Member Join Date: Feb 2005 Posts: 2,226	What if you don't have a bank account that you can use on the net like me. Then how will I move the money?

07-09-2005, 09:58 AM	#11 (permalink)
se Senior Member Join Date: Dec 2004 Location: E://my computer/namepros/post.exe Posts: 1,684	maybe just use the money in paypal on online stuffs?..or use similar service like ikobo.com? __________________ Cheap Dedicated Server, Free direct Admin Cheap Webhosting :hehe:

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A idea that could really really work!

Sounds Like a...