PayBox Blog: Sun, Jan 30 – The Big Picture

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Sun, Jan 30 – The Big Picture Posted: 30 Jan 2011 07:00 AM PST In our blog post each Sunday, we take a step back to focus on “The Big Picture”. This blog post serves two purposes: To help our new users get oriented and learn what PayBox is all about. To help our existing users stay up-to-date and focused on our goals as we continue to develop the PayBox service. The Big Picture PayBox is developing an online currency and payment processing service to make buying and selling online easier, more secure and available to everyone. We’re designing our service with the help of a dedicated group of EarlyBird users who test new features and contribute ideas and feedback. What has been developed? Person-to-person transactions are working. Any user can transfer funds from their PayBox account to another user’s account. Currently PayBox is a “closed box” system, that means all transactions are within our system only. Users cannot deposit or withdraw funds at this time. What is being developed? The Digital Delivery Project and Growth Project are being developed. Have a look at yesterday’s blog post to learn more about those projects. What is planned? Our goal is to “Open the Box”, inviting merchants to accept PayBox. This will allow our users to buy from any merchant who has registered to accept PayBox payments. In time, we plan to offer debit cards linked to user accounts and in-exchange and out-exchange to enable deposits and withdrawals using nearly any currency in the world. What is the next step? In order to form the essential working relationships with large merchants and payment networks, we need a bigger user base. What does that mean? More users! We must grow our user base to 2-5 million users (our Stage 2 growth goal) before we can really begin work to “Open the Box”. To help us reach these growth goals, we are preparing to launch an affiliate program. We are in the process of building a newly-trained affiliate “army” who will lead the way when our new affiliate program launches. If you would like to learn a new skill and profit from the launch of PayBox, you are invited to participate. But, remember, this isn't for everyone—it's completely optional. If you are interested in participating, please explore our current recommendations: An in-depth affiliate training course A quick, focused affiliate training A tool to send a lot of traffic to your links—at no cost Thanks for helping us take PayBox to the next level—keep up the good work!

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