FW: F0rThose Asking Questions About Pay Box

Bird’s Eye View

The Pay Box Explanation”

This document was last updated on October 26, 2010. It provides an overview 0f our current situation , how we expect the PayBox service to develop. It is not meant to be all-inclusive, but rather, is intended to help you underst, how , when you may begin using your PayBox account balance.

Our Current Situation

PayBox is a rapidly growing online currency , payment processing service. We're on a quest to become the best payment processing service anywhere. We aim to achieve this with the help 0f our dedicated EarlyBird users.

Our service is still in development. So, f0rnow, all 0f our transactions are in a “Closed Box” system. This means that all payments sent, , all payments received, stay within the PayBox system at this time. Currently, our users can send person-to-person payments (within PayBox).

Our Goal

Our primary goal is to “Open the Box”.

Question: What does that mean? What would it include?

Answer: Opening the box means providing everything you would find in a full-featured payment processor:

• Debit cards linked to PayBox accounts.
• Easily buy , sell using your PayBox account.
• Easily send , receive money using your PayBox account.
• Purchase from nearly any online merchant.
• Withdraw to nearly any bank account world-wide.
• Possibly withdraw to other online payment processors.
• In-exchange from any maj0rworld currency.
• Out-exchange to any maj0rworld currency.

What will it take to “open the box”? Read on to find out.

What We’ve Achieved

We started on September 1, 2010 with a brand-new website , an idea. As 0f this writing, less than two months later, we have reached our Stage 1 goal with over 100,000 EarlyBird users. The following image is a graph 0f our Feedburner subscribers — EarlyBird users who follow our blog.

Our Next Target

It’s now time to take our service to the next level. Our Stage 2 growth target is somewhere between 2 to 5 million users. Once there, we aim to “open the box”.

Question: Why wait? Why grow to several million first? Why not “open the box” now?

Answer: Although we have over 100,000 EarlyBird users, our user-base is still incredibly small when compared to other payment services. Once we achieve the next stage 0f growth (2 - 5 million), it will open the do0rto be accepted into large payment networks , integrated as a payment option by maj0rmerchants. In short, it will help us to “open the box”.

We Need Your Help

PayBox is different. There has never been a payment service like PayBox. From the very beginning, we have relied on our users sharing PayBox with friends to fuel our growth.

Instead 0f spending millions 0f dollars on advertising, we are rewarding our EarlyBird users f0rhelping us test our payment service as we build it, , only asking that you to share PayBox to help us grow.

To this point, we have had remarkable success with our grass-roots growth efforts. Now, we are relying on our members to keep spreading the word, helping us to take PayBox to the next level , “open the box”.

How Long Will It Take?

The truth is, we’re not sure when it will happen. Because we leave the sharing , growth 0f PayBox to our EarlyBird users, how long it takes to reach our next growth target , “open the box” is completely up to you, our users.

It’s really not that difficult to reach our Stage 2 growth target from this point. F0rexample: If every EarlyBird user had one friend join per week, our size would double in the first week — , if we doubled every week, we would reach our Stage 2 growth target within 5 weeks.

Although we don’t expect our user-base to double in size every week, we believe we can realistically reach our Stage 2 growth target by early- to mid-2011.

Additional Fuel f0rGrowth

Very shortly, we will be releasing a new program that we believe will help to fuel the growth 0f PayBox by adding a new level 0f rewards f0rsome 0f our more ambitious EarlyBird users. In addition, they will have the opportunity to become experts in some very valuable skills along the way. We’ll have more details about this new program soon.

You can Sign Up , Join The Pay Box Early Bird Rewards Below: