Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
33m AS 20m OS filing from 10k on otcmarkets.com
Thank you!
Why are they even concerned? I'm a vendor with MYEC and a large shareholder and I have no issues.
To the moon!
Jim will still consult. He brought Africa to the table, that's a juggernaut. He'll be instrumental again, as needed. MYEC
I concur
Filled at .0170 thanks
Amateurs...face palm
Alright! Let's go
He's a memory now
Smart man
Added more threes!!
News!
Oh well. Plus I have no idea or how merchants will utilize it for their businesses. My 10% incentive on that ONE large customer, who has landed others for me is well worth it to me, thanks for your concern. My overhead is zero as all my equipment has long been paid for. Cheers.
Perspective. I create custom packages for every client. What I charge varies. For the members in my church, I give them an automatic 30% off. For this particular client, not local, word of mouth caused him to contact me. He has recommended my services to others as a result of my work and professionalism. Instead of giving PayPal 3% of my fee, I gave MYEC .25 and had my money the next day once he used the app. It may not make sense to you or make the company major revs, but I save and have access to more higher end clientele. Cheers.
Lol, say it again!
I haven't the foggiest, but I'm sure they'll figure out what works for them to preserve their 20% profit margins. I'll ask this gas station owner I know how he benefits from cash payers vs card payers.
Good question, I presume since they would be saving more money on the prices they already advertise, the savings from credit card processing and/or PayPal would allow them to pass on those savings to the customers that choose EMobile. Similar to the savings on gas for cash customers.
Okay last post. To that customer, their custom contract was priced accordingly knowing I would offer a discount of 10% to them to persuade them to the use the app. It's called the price of doing business. I chose to offer them a discount rather than pay/lose more money to receive my money with PayPal. It could be a 20% discount but as long as I priced it the way I wanted I would only pay .25c. Even client is custom, info not sell merchandise, I offer services and the pricing is subject to many variables with room to charge premiums and offer deep discounts. Keep flipping, I'm long and green.
Why are you stuck on the 10%? Ever bought stuff on "sale"? They're usually marked up first.
The selling point maybe same day in the future, but if you question any vendor whether they would like their money cleared within 24 hours at a cost of .25c vs. 3 or more days and at higher premiums, I think it's a no brainier. There's a reason privately owned gas stations offer a cash discount for gas to get away from processing fees. We want our money now and don't want to pay more for it.
No doubt, I love paying .25 vs. 2-3% of varying amounts to have it all available overnight. Cheers and gltu sir whatever makes you money and happy.
Without giving away my pricing and marketing tactics, I was paid exactly what I was comfortable with. And I was able to have that money in my business account the next business day. It was worth it to me, and that client has brought me more business.
With PayPal, that 2-3% on a 1,500.00 wedding package eats into my profit, with the app it's .25c. The last discount I gave was 10%. Some customers have been reluctant to try the app since it's a process to get money in their account, but with discount that reservation dissolves. Money talks. The company has a long way to go and has/have issues but I'm saving good money.
It depends on the contract amount. Everything is customized so it's case by case basis. However, I make clear that the discount offered is significant versus the full amount. A medium group of business owners where I live have been implementing this app since I've introduced it to them. In a few years I see this very popular. I no longer use PayPal for my business.
Yes, I posted about that last night.
Word of mouth is powerful, adding the savings for us vendors and business owners is priceless.
For our photography business and accepting deposits/payments from clients sometimes not in our local area, I offer a discount if they decide to pay by MYEC app. They set it up and I invoice them, saving me from giving PayPal their higher fee, and I get my money way quicker. This app is still new to many, but once it is marketed properly, it will catch fire for the vendors who in turn, will market to consumers. The entrepreneur group I'm in have been exposed to the app and they like it. Give it time.
I invoice as well and it looks just like mine.
Let me invoice you then.
Lot of activity here today about MYEC, hmm.
Greenpay is on the back burner. There are a lot more important irons in the fire ahead of it.
I concur, it's not like he is part of the inner circle at the bank. Software implementation of this magnitude has to be done right, no perfect! I'll gladly wait and keep buying discounted shares while others wine & complain.
No, I'm not saying that all. That float will be dealt with by the company I believe.
That's my whole point, moot it seems to some.
And I'm a business owner who uses the app, successfully, saving me PayPal fees.
I know, I hold a large amount as well.
If the float is so large, why does it move 10% on low volume?