When you spend a lot of time on computers, you tend to spend a lot of time poking around various websites. Sometimes you hit gold with the information that you find and you can’t wait to share it. Other times, you find something that just might be slightly ahead of its time or not yet ready for prime time.
BillMyParents might just be a combination of both. It’s a great idea, a way to allow your teens the freedom to shop, without actually giving them your credit card.
Basically, it’s a pretty simple process. Your child or teen sees something online that they want to purchase. At the check out, they use BillMyParents. You the parent then get an email notifying you that your child is trying to purchase something online. You can then approve or decline the transaction. If you decide to approve it, you then enter your credit card information.
The great thing about this service, your child never gets access to your credit card information. Your information remains confidential and you approve all online purchasing transactions. There isn’t a membership or monthly fee involved, but you do pay $.50 per transaction.
I also think that BillMyParents might be a little ahead of its time. I searched all over its site but was only able to find one merchant listed by name: Facebook. I have a feeling other online merchants will get on board once word gets out. Either way, there’s a lot of potential there and I’m quite interested to see where it goes.
This company is very solid from top to bottom for a start up. I have been following it for sometime at http://www.socialwise.blogspot.com. The revenue potential is ridiculous on the low end.
Mark my words, this will be a household name