The YNOT Network’s YNOT Payment is officially open for business and accepting merchant applications.
The company is touting the payment service’s low processing rates and null set-up fee.
“Since billing is an absolutely indispensable part of operating a for-profit website, more choice in online billing services is definitely a good thing for professional website owners,” says Bob “YNOTBob” Rice, president of YNOT Network. “YNOT Payment brings exciting new technologies to the table, and we pass the financial benefits of those technologies right back to our vendors. Our unique technology results in fewer chargebacks, which is one of the reasons why we have the lowest processing rates in the industry. Competition in the arena of online billing has just gone up, and we expect website owners will find this to their advantage.”
YNOT Payment is an e-wallet, PayPal-like service and has been tested for the past year on European webcam network Visit-X. The service accepts both U.S. and European currencies.
Webmasters can sign up for an account at www.ynotpayment.com.
