Paypal accounts are very difficult to obtain when residing in third world countries. Once transactions exceed a cumulative total amount, the Paypal account holder must open a bank account or have a credit account. These are obstacles for many entrepreneurs in third world countries.
I would like to develop the following business which could be used by entrepreneurs in third world countries without requiring their own Paypal account, a credit card or bank account:
1. An invoice is generated for the sale of an eBook(s), for which I have rights, by the entrepreneur.
2. The entrepreneur can modify the price for the book, since their commissions are based on revenues, not per book.
3. When a purchase is made, the eBook is emailed to the client automatically.
4. The entrepreneur must add their email address, which is linked to my PayPal account.
5. The client receives the PayPal invoice and pays for the eBook. This constitutes a legitimate traceable financial transaction.
6. Since the transaction is linked by email address to the entrepreneur who generated the invoice, I can track revenues by person and pay commissions accordingly.
The business is intended for micro financing to develop businesses in third world countries using the internet. When enough entrepreneurs are retained in a geographical area, like a village, then a local banking service will be opened to wire funds from commissions earned.