FYI, we already participate in such a program offered by e-onlinedata.com. You can see what they offer at: http://e-onlinedata.com/newvar/
I don't mean to discourage PaySystems' entry into the VAR field, but offer the information so you know what is out there now and so others can be aware of it as well. We've been happy as a VAR of e-onlinedata.com and they do indeed issue merchant accounts immediately. I receive no benefit by recommending them, either - I'm just offering a recommendation as one of their VARs.
Now for my opinion: "A" would be of no benefit to us, "B" is hardly worth it either, and "C" seems like the best since the income would be recurring. I'd be interested to see how this compares to e-onlinedata's 20% revenue share, which is paid on all fees, not just processing volume.
Regards,
Jim Whitesell
At 10:01 AM 12/9/2003, [EMAIL PROTECTED] wrote:
I am consulting for a payment processor called PaySystems and would like feedback on a value proposition to Web Hosting companies. I am not sure which would be more attractive, A, B, or C
The partnership would allow web hosters to partner with PaySystems to offer their ecommerce customers merchant and billing accounts to accept credits cards on their web sites.
Possible programs......
A) Partnership "A" would include a banner which could offer their ecommerce customers a free signup ($49 value) for a billing or merchant account if they have a hosting plan. Under this scenario, the web Hosting company does not make money, but makes their customers happy and brings value add to their solution.
B) Under partnership "B", there would be a signup fee of $49 (charged by PaySystems), but the web hosting company would get to keep the $49 in exchange for hosting the signup banner.
C) Under partnership "C", the Web Hosting company would get a percentage (1/4% of all processing volume) of all future revenues from a referred customer.
Would either one of these be interesting in the web hosting world?
THANKS for your feedback!
David Nault
