An alternative to Paypal: Gunpal!

[twitchyfinger]

Very interesting I have not read all the details yet so I could cautiously venture to say it's about time but this was sent to me via another firearm site:


“GUNPAL, Inc. is a transaction-neutral online payments platform with a philanthropic spirit,” announces Founder/CEO Ben Cannon. "It is also the first serious competitor for PayPal Inc."
A percentage of each transaction is donated to a selected charity at no additional cost to the user. The initial list of organizations includes the American Red Cross, American Cancer Society, and the Supercomputing Disease Research Center. Users can also suggest charities for consideration.
An avid supporter of constitutional rights, Cannon created a discrimination-free online payments application, starting with the recognition of the Second Amendment right to keep and bear arms.
Prohibited by PayPal's "Acceptable Use Policy", the $3 billion firearms and accessories industry has adopted GUNPAL as the payments platform of choice. “Firearms can only be sold by licensed dealers. GUNPAL is more convenient than other forms of payment as its comprehensive transaction tracking system is secure and reliable for our audits,” says Mitchel Chapman of WBtactical.com, a licensed firearms dealer.
An estimated one hundred million firearm owners nationwide now have a platform with which they can trade ammunition, scopes, and other accessories securely and hassle-free. As a socially responsible company, GUNPAL directs its firearm buyers to government documentation on current firearm laws and regulations and will provide licensed dealer listings by buyers' zip codes in a future release. Having dominated the firearms niche, GUNPAL is already targeting other under-served markets with several new projects under way.
With every line of code written in-house, most of the engineering effort has been dedicated to fraud prevention. GUNPAL’s unique anti-fraud and anti-phishing systems take a finer-toothed comb through customer data for maximum privacy and security. Reduced fraud cuts operating costs resulting in lower fees for most common transactions as compared to PAYPAL. Cannon's first company, GeoVario, LLC, was the natural choice for web-hosting services.
Founded in 2004, GUNPAL is a transaction-neutral online payment system that allows easy transfer of funds to anyone with an email address. Privately funded, GUNPAL has revolutionized the transfer of money with its pro-constitutional voice, unique anti-fraud approach, and philanthropic spirit. The company is expected to expand its services internationally in the near future.
For further information and questions, please contact pr@gunpal.net or visit http://www.gunpal.net
-Ben Cannon
CEO
GUNPAL, Inc.

[Batteriesnare]

Huh, cool.

[twitchyfinger]

Not the first serious contender. Many other companies (probably a lot better prepared and funded than this one) have tried. Paypal has it patented. Don't hold your breath. The fact it's called gunpal means they are only a few months away from a lawsuit.

I too have seen a few come and go. Would be nice to see one last as long and paypal has.

[SNAFU]

If only Gearpay survived

[cysoto]

The fact it's called gunpal means they are only a few months away from a lawsuit.

[Dr_Fwd]

Not the first serious contender. Many other companies (probably a lot better prepared and funded than this one) have tried. Paypal has it patented. Don't hold your breath. The fact it's called gunpal means they are only a few months away from a lawsuit.

yeap

[sniper7]

hopefully it stays around. it would be nice to see a class action lawsuit against paypal for closing accounts of users who buy guns using paypal...but since it is their property I guess not. wouldn't stop obama if he was against it though.

[alan0269]

Not the first serious contender. Many other companies (probably a lot better prepared and funded than this one) have tried. Paypal has it patented. Don't hold your breath. The fact it's called gunpal means they are only a few months away from a lawsuit.

I'm not sure about the lawsuit - they have a couple of attorneys on their board of directors that I would hope have covered all the bases prior to their actual start-up. Has anyone here signed up to use their service yet? I just found out about it today and it sounds like a great idea, but...

[Bailey Guns]

I actually signed up for GunPal quite a while ago. I've recently started using them quite regularly and have been very satisfied thus far.

The fees are equivalent to PayPal without the anti-gun BS. Transaction fees are higher than a regular merchant account but by the time you figure statment fees and all the other fees that go along with a merchant account, it's only slightly more overall.

I had a minor technical issue on Sat. I sent GunPal an email and an actual person responded and had the issue resolved in about 2 hours.

About 10 days ago I had 2 unauthorized transactions on my PayPal account. Secure my ass. I won't use them any more now that there's a viable alternative. GunPal is at 10,000+ users and counting in 90 days.

[sniper7]

Yeah I am thinking about opening a gunpal account pretty soon. It is too bad their fees are higher, but as long as they offer some protection and still do a good job with quick payments I am all for it.