PayPal Project (Codename [URGENT!])

[Zubair1]

Hello

I was wondering if some one here is interested in running a Payment proccessor site such as Paypal, i really want to run one and i have a feeling
that it will run very good, if everything is working well as planned
i have seen that many people in the Asia, Eastern Asia have trouble sending money through paypal, and to be honest i do aswell.

so i thought up to start one, i would've till now but the problem is i dont have anything to invest, except buy a domain name

So it would be really nice if i can find some one here who is willing to invest in this bussiness, we will spilit and earnings coming. we can talk about this more

also i have seen many host cry that they loose like 40% clients because
most of the people are from asian district so they can't able to send money throught paypal. but if we run a payment proccessor site which allow services
to those regions, i'm sure it will be going well. as i have also heard that
paypal is being too cruel with their customers i've seen many complains about them i think you should've seen too.

well i am posting this to find a invester/partner but i do have a small requirement that the person is will invest should have and must have a paypal account which is fully verified by them. i need this so that i have
payment script from which users will also be able to deposit their money from a paypal, stormpay, egod, netpay, and other services including check.

I dont know why but i dont think we will be needing much investment in it
the only thing we will need is a SSL Certificate, domain. and maybe
we should verify our site with online organizations for better trust relationship.

if anyones interested please do contact me directly.
MSN Live Support : [email protected]

OR PM me here.

Thank you
Bye!

 

[barefoottech]

Couple things to remember about starting ANY business

1/ Easier to think of an IDEA than to implement it.
2/ Easier to think of ways to make MONEY than to make it.
3/ More ways to go broke in business than to stay in business.

 

[zachary0611]

I think this is an interesting post. I would say that paypal isnt the only one that has this services if you goto to gambling sites they use other companies. I think you would need alot of knowledge and capital to pulll this off, but everybody has to start from somewhere. So no guts no glory!

Oh let me add something else. If you want to gain trust and beat paypal. You would need backing from a major bank for example paypal powered by bank of america or stormpay protected by wachovia and etc. How do you get backing from a major bank i dont know lol you would probably need to be a major corportation. lol and if anybody makes money off my idea i would like a small percentage of the profits.lol

 

[dreaminginspiration]

there is already an asain payment processor.

 

[Zeeble]

Well, unless you come accross someone who has several million to invest, I say forget it.

If PayPal does no expand to African and Asian countries, they do it for a reason.

Security, and setting up the links with banks, CC companies and also support would cost millions every year at least...

 

[chodhry]

I had this idea about 3 years back, invested quite a lot of time and money in it.

http://www.paybyus.com

http://web.archive.org/web/20040926125812/http://www.paybyus.com/

It is a fully functional site (payment facility disabled intentionally). Code is ready to work with paypal on back end or your own mearchant account.

We have had so many problems with Paypal, FBI and Statebank of Pakitsan that we could never launch it and had to put the complete project on hold.

 

[Ray]

where to start....

First, you need to establish a trust relationship with a bank
Second, you need to contact the FDIC to insure the money in the bank...
Get a ssl lock..
Contact Credit card companies and get them on ur side.

---

Or be like moneybookers and have a versign backend

 

[TT]

Why is it that people with grand ideas always have no money to back them up?

"I am willing to buy a domain" a six dollar investment on a multi million dollar project...makes me laugh

Do you actually think your the first pesron to ever come up with the idea to supress paypal?

Paypal has their reasons for not allowing people and businesses from certain countries access to their service, Banking Laws

Good Luck with your endeavor maybe you should contact easypay80.com they are a new startup with the same idea but they too have already found out you dont want to deal with certain countries due to their banking laws.

 

[wackyjoe]

Every successful venture has started by people around saying it is impossible! So, you're on the right track.
Don't start by saying I want to make something like company A, B, C, or D!
Start by saying I want to make something that nobody has made until now!
And remember, everything is possible but not always!

Cant agree more. If you think you can make this happen then go for it.

BTW if you do want financial backing from someone you could have made a little betetr post