GreenZap a Paypal alternative with $25 preregister free.

PayPal Alternative set to make waves in multi-billion dollar online payment market. Subscribers get $25.00 for opening an account, and up to $30 for referring others.

(PRWEB) April 4, 2005 -- There's a new online payment system preparing to launch and it stands to give other payment services a run for their money. GreenZap has announced the pre-launch of a new online payment system that will compete head to head with PayPal and other such services.

GreenZap will offer functionality you'd expect from a peer-to-peer online payment system, and will continue to expand its offerings to meet market needs. What will dinstinguish GreenZap from it's competitors is the unique and generous referral bonus program for new account holders and referral sources.

GreenZap's growth strategy is to allow community members to share in the wealth through handsome referral fees. For example, all GreenZap customers who open an account will receive $25.00 deposited in their account free. "GreenZappers" as they are called can then earn between $5.00 to $30.00 for sharing the service with others through a promotional code they are assigned when they create their account.

This model has been employed by other companies who rocketed onto the scene in their markets including MCI, Sprint, Vonage, and even PayPal, but the thing that makes GreenZap different is the extent to which referrals are compensated. It may be an industry first that commission are paid across the entire community of people you get started and not just the people you refer personally.