Quote:
Originally Posted by rowan
Disagree, epass is more like a bank than a processor. The former has a balance and you can deposit, withdraw and transfer (just like epass  ), the latter processes transactions and sends you a regular payment.
A couple of years ago there were rumbles about the guy who runs stormpay seemingly living beyond his means. You'd probably be able to skim 10 or 20% off and no one would ever know, UNTIL there was a serious problem like a run on the bank... |
You can call them a bank but the really aren't imo. They are a pass through that allows you to not have to take it all 100% out. You can keep some "in" incase you want to send it to someone else without having to fund it yourself each time you go to send. Really wouldn't consider them a bank, but its however each person looks at it.