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VirtaPay Blog: Wed, Aug 22 – Debit Card System

VirtaPay Blog: Wed, Aug 22 – Debit Card System


Wed, Aug 22 – Debit Card System

Posted: 22 Aug 2012 01:09 AM PDT


About the debit card system

As you may know, we are planning a debit card system which will allow you to spend your VirtaPay balance with any merchant worldwide where VirtaPay payments are accepted. In addition, it may be used for any type of legal goods or services—not just digital items.

Progress continues

We are very excited to see continued steady progress toward the time when we begin testing our planned debit card system. As mentioned in previous blog posts we cannot properly test our debit card system until at least 100,000 Premium members are ready to participate. At the time of this blog post that target is 4.4% complete and growing steadily.

The next step

Upon achieving the above mentioned growth target, we will begin beta testing our debit card system. During the beta testing phase, the debit card system will only be available to Premium members. This is a special reward for Premium members because they have given a higher level of participation, contribution and identity verification.

How you can help

VirtaPay grows only when our members share it with others. If you want us to begin beta testing the debit card system sooner, then simply share your personal referral link with friends and family… and anyone you know who hasn’t already joined VirtaPay. (You can find your personal referral link at the bottom of the “My Account” page when you first log in.)

Further acceleration

We are working on a new system to reward the users who help the most toward reaching our Premium member growth target. This new system is still in early development. We will give you more details as soon as it becomes available.

Get on board!

If you haven’t already done so, please consider upgrading to Ad Sharing / Premium membership. By upgrading…

  • You help us reach our Premium membership goal.
  • You get to participate in the beta test of the debit card system.
  • You qualify for lifetime earnings from the ads on the VirtaPay website. If you don’t know about Ad Sharing, click here to learn more, or log in and click the “Ad Sharing” link in the top menu.

VirtaPay Blog: Wed, Aug 8 – A Higher View

VirtaPay Blog: Wed, Aug 8 – A Higher View


Wed, Aug 8 – A Higher View

Posted: 08 Aug 2012 03:29 AM PDT


A recap of our current situation.

The goal of our master plan is to bring the VirtaPay currency into worldwide acceptance as a universal payment method. We are now working on the first stage of this plan, which includes growing our service to 100,000 Premium members. Once this goal is achieved, we plan to begin testing our debit card system.

We are making steady progress toward the Premium member goal and as this growth continues, we expect it to accelerate in an exponential fashion.

A higher view…

We are working toward a day when you can spend your VP$ to buy physical goods, pay for a vacation, buy tickets for a concert, eat at a restaurant, pay your rent and more. We want to enable small business owners to purchase all the supplies and services they need for their business using VP$.  Ultimately, we are working to make VP$ just as easily spent and exchanged as any major world currency.

What’s next in the mid-term?

We have several features planned for the near to mid-term future. These plans are designed to help accelerate the growth of our Premium membership and bring us to the point where we can begin testing the debit card system.

In the coming months, we plan to begin to introduce phase two and three of the master plan. This will be the beginnings of our efforts to bring aboard merchants who are interested in offering physical items and offline services (not just digital items). In addition, it will be the starting point of our efforts to set up an exchange system between VP$ and other world currencies.

Please help us get there!

As mention in previous posts, there are ways you can help us speed up progress toward our goals. Your actions can help us begin testing the debit card system sooner, and much more. We can’t do it without your help! Here are some ways you can help…

  1. You can use your personal referral link, found at the bottom of the “My Account” page. All you have to do is share your link with friends and family. If you want to get a lot of referrals, you can share your link on traffic exchange websites or by using other forms of advertising. Just be sure you don’t spam, or you will lose your VirtaPay account.
  2. If you haven’t already, you can sign up for Ad Sharing/ Premium membership. As a new Premium member, you will be counted toward our growth target. In addition, you will qualify to earn from the ads on the VirtaPay website (through Ad Sharing).