sam430

iTrader: (10)

https://payments.amazon.com/sdui/sdu.../textpayme/faq


I so hate PAYPAL and ebay. Here, we can send money with no fees!!!

it's simple.

text to amazon and put in the amount and phone number. That's it.

example,


textto: AMAZON

pay 5 xxxXXXxxxx




the above will send 5 dollars to the owner of the phone number.


To request money:
req 5 xxxXXXxxxx




**** the **** paypal for freezing my account for no good reasons!!

svntwosix

iTrader: (3)

From what I know, the Mobile Carrier usually charged the merchants a fee for adding the payment onto the billing statement. If Amazon is going to be covering all the fees the Mobile Carrier will charge, this would be a great deal.

I am only skeptical because I work in the payment industry. Notice how the website doesn't say the Mobile Carrier won't charge you anything? But I still hope Amazon will be covering all the fees the Mobile Carrier WILL charge to process the funds.

sam430

iTrader: (10)

I might have misread the thing... please verify for yourself.

however,

"No, there is no additional charge to send money using TextPayMe. Standard text messaging rates may apply from your mobile carrier."

maybe some vendors here can start accepting some personal payments

sam430

iTrader: (10)

carrier is not providing the service. Amazon verifies the phone number and uses their own processing method based on message sent. Only text message fees apply (which free for me).

svntwosix

iTrader: (3)

Wow, thanks for the info. Will definitely try it out next time.

mikevanle

iTrader: (1)

So how do you get paid? You get a credit on your Amazon account, or you get paid through your phone provider?

I assume to send/receive money, everyone involved has to sign up?

LexusFTW

iTrader: (7)

This is interesting. I'll have to see how this works out.

If you guys use it, please post back with results.

PureDrifter

iTrader: (10)

but what about buyer/seller protections?

abounly

iTrader: (27)

well paypal you can GIFT money voiding the fee's BUT you get no protection.

mikevanle

iTrader: (1)

thats what i normally do paypal between friends, people i know.

horent135

iTrader: (10)

That wat I thought at first, but if you send like alot of money as a GIFT, the person who sending the money will be charge a fee - 3%