We have all heard of payment processors that are out on the internet:
If you’re not familiar with payment processors such as the ones listed above, it’s like having a online bank account that allows you to withdraw funds from your account to purchase items on the internet.
If you have say $500 in your paypal account and you to go a online store that accepts paypal, you can purchase items using your paypal.
Well…there’s a new payment processor that is in the beta works right now and is expected to release to the public next year (2011) paybox (the new payment processor) will work the same way as other payment processors such as listed above.
If you have funds in your account you can purchase items.
Now i’m sure it wont come out in to all major merchants at first but i’m sure it will progress very quickly.
The beauty of this right now while it’s in beta is you can sign up and paybox will depost $50 in to your account right away.
You will be able to use this when it opens up to the public.
Another beauty of this:
Paybox will add $20 to your account everyday for participating before the public launch.
Paybox will pay you $5 for everyone you refer to participate the same way you do.
This opportunity is available to users who sign up and participate before they launch to the public.
Once they launch, the opportunity will no longer be there.
Here’s a screenshot of what i made in $15 minutes of signing up and hopefully this will give you a general idea.
I am not releasing this post as a way to promote and gain referrals but i am making this post cause i think it’s a great opportunity to jump in to while it’s here.
If you wouldn’t mind me posting my referral link here it would sure help, if not that’s ok under the View Details button will be a link that will take you directly to the site (not being referred)
Go a head, try it out and see what you think.
Come back and leave a comment with your opinion, i would love to hear them.
I recently stumbled upon a great article at the star,An article about guaranteeing income for all Canadians. A guaranteed annual income, wow what a concept. I never really gave a concept like that a thought. It is already in use in some form or another in other countries. This is a way to rid Canada of poverty. Canada has more than 1.5 million people living below the poverty line, with most of that number being children. With current social programs people struggle to get above that line. Some one on welfare is penalized for taking a job to get ahead. There are claw-backs that reduce the assistance they receive, once they take their minimum wage jobs. Getting a job at minimum wage is no better than receiving social assistance. Many employed people are the working poor. Living in shelters, going to food banks, not able to afford the basic necessities.
A quote from Hugh Segal.
I do not believe that, in a country such as Canada, fellow citizens must live so far below what we consider a poverty line that they are unable to provide the basic necessities of shelter, food and clothing for themselves and their children. And based on the current allowances provided by the welfare system, I also refuse to accept that people purposely choose to avoid employment in order to subsist on such a paltry income.
Individuals who turn to welfare do so as a last recourse. Whether the situation is the result of abuse, job loss, lack of education or training, addiction or single-parent households, our duty as Canadians and human beings is to guarantee an income that allows people to provide for themselves and their families while affording them a level of dignity that boosts confidence and inspires hope.
I have read some grate blogs on the subject of Guaranteed Annual Income. I would like to link back to some of them.
Reading these articles have really opened my eyes to the concept of a Basic Income in Canada. Maybe it’s time for the Country to move toward this program. What do you think about a guaranteed annual income?