Here's How GreenZap Workz:
First of all, GreenZap understands the value of a customer. By giving away money to people who open free online spending accounts, that's another way of saying... "we are willing to invest in our members".
Now, here's a quick breakdown: PayPal is worth $6-8 billion dollars. PayPal has between 60-80 million members. In other words, each of those members is worth about $100 to PayPal. GreenZap understands this and is willing to pay for its members in advance. That's where the initial $25 comes in as well as the community rewards of anywhere from $5-30 more dollars. This is an ingenious way to quickly build a loyal community of GreenZap members...
Google "paypal" and see what you find...
www.paypal.com then...
www.paypalsucks.com www.paypalwarning.com As you can see, PayPal's community isn't very "Zappy". In stark contrast, GreenZap is focusing on building a strong, loyal community by offering incredibly generous rewardz for those who help build it!
$1.00 per transaction fee
Compare $1.00 to PayPal's [1.9%-2.9% + $0.30] transaction fees and its easy to see who's focusing on offering value to their community and who's not.
Is GreenZap Really Giving Away FREE Money?
Yes. Think of it this way, at $1.00/transaction, GreenZap will eventually get their money back once you use your GreenZap account to transact 25 times.
How Can I Profit With GreenZap?
As a promotion - Do you know of any businesses that currently give away gift cards as promotions? Show them how to give away $25 (and let GreenZap foot the bill). Honestly, which would you rather have: a gift card or $25?
As a way to help out non-profits and charities - Every organization you can think of would be able to offer $25 to it's members, partners, etc. and make money for helping build the GreenZap community.
As a consumer - Imagine wanting to buy a product for $100 and having the option of paying with a GreenZap "buy-me" button or a PayPal button. GreenZap is offering $25 to anyone (who doesn't already have a GreenZap account) to pay with that button. Which payment option would you use?
As a merchant, imagine the same scenario. The merchant is basically offering a $25 instant rebate by providing a GreenZap payment option. Do you think you could sell more products if you offered an instant $25 rebate? How many of you market ebooks and software for $25 or less? This is a way for you to basically give your products away for free and still get paid. Add the additional referral rewardz and its likely they'll just get rid of the PayPal button.
As anyone who accepts/receives payments, imagine the same scenario. Someone wants to send you $100. If they send it through PayPal, you will receive [$100 - (1.9% + $.30)] or $97.80. With GreenZap you will receive $100 - $1.00 or $99. That's a savings of $1.20. Now do it on a $1000 transaction... With PayPal you would forfeit $19.30. With GreenZap that same trasaction cost you $1.00.
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