Becomes Every Small Merchants Payment Pal Slashing High Industry Fees For Online Payments

Firm Charges 15 cents flat fee .. or FREE

PRESS RELEASE: VANCOUVER, Canada – April 12, 2010 – Small businesses have a new low cost pal to handle online payments for their products and services. announced today a service designed to slash exorbitant e-commerce fees for online merchants to as low as pennies per transaction.

For fees, simply charges a 15 cent fee for all payments over $5 and all payments under $5 are free, with no add-on payment fees. Unlike other services, there’s no add-on fixed price fee on top of the percentage fee. “Therefore, merchants and charities can easily save several dollars per transaction using CashSender” according to Tenby. “Factored over hundreds or thousands of transactions, the savings becomes substantial.”

“The competition simply charges online merchants far too much in fees to handle ransactions,” said Henry Tenby, President and Founder of “We’re cutting fees to spur the growth of online commerce while offering better service and advanced security features.

The CashSender payment system has been built with security features that meet and exceed those you’ll find with most bank websites. Online payment websites are notorious for their lack of top level security, and we believe our customers deserve better than that.”

CashSender does not allow . Being a cash-based payment system saves merchants the headaches of charge-backs, pending payments, and reserves. “The result is we only charge pennies per transaction compared with the competition,” Tenby said. is also eliminating high fees related to cross border payments; business account status; use by international residents, and use of foreign currency. All CashSender members (personal and business use) in all countries pay the same competitive rate.

“With the United States economy struggling, we really wanted to do everything possible to help grow by lowering their costs,” Tenby said. “After all, is the engine of growth and employment in the United States.”

Residents of the United States, Canada, the UK, and the Euro Zone can electronically fund and withdraw their CashSender accounts from bank accounts.

For more information about CashSender, and to start saving money on your online payments, please visit them online at


About Henry Tenby, CashSender Founder Founder
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