Wire transfer vs ePayments, WebMoney (3)
At the moment I'm receiving payments from my networks via Wire transfer, but considering to move to solutions such as ePayments, or WebMoney.
Since big part of the revenue is being invested back into the campaigns, I just end up paying service fees when funding the networks through bank cards, while I can reduce it if I receive payments say on ePayments and fund my sources through it, since most of my traffic sources accept it.
Strategy would be to receive the payments to my wallet on ePayments, and keep there the funds that are going to be invested back into the marketing, and the rest send to a bank account.
Do you guys know if any issue might arise with those platforms while dealing with about mid $xxK monthly transactions? (incoming/outgoing payments combined)
Sounds like a solid plan to me. Epayments has been around a while and I personally haven't heard of any horror stories regarding
them holding money. Maybe make a thread asking for personal experiences?
J
Most of these online payment systems that I used, only asked for some kind of verification once I crossed certain amount of processed funds... scan of an ID, utility bill or a certificate of incorporation and that was about it. Mid $XXk is nothing for them, they process millions. But I've also seen a payment provider like this (epassporte) to tank and plenty of people lost money. So the good practice always is to keep only the funds you NEED to work with in such virtual accounts, just to stay on the safe side and move the rest to your bank. But then again, a bank can go bankrupt too ... 
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