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. CashSender.com announced today a service designed to slash exorbitant e-commerce money transfer fees for online merchants to as low as pennies per transaction.
For payment transaction fees, CashSender.com 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 CashSender.com. “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 credit card payments. 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.
CashSender.com 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 small business grow by lowering their costs,” Tenby said. “After all, small business is the engine of growth and employment in the United States.”
For more information about CashSender, and to start saving money on your online payments, please visit them online at www.CashSender.com.