ePassporte Official Statment

The question has been asked and answered multiple times throughout this thread. One does not need to read 23 pages to see the answer. The only reason this thread is 25 pages long [so far] is because people keep asking tghe same question over and over again. I am pretty sure MO has a cut and paste response by now.

I would.

You are right about it, but how would someone know this is answered without reading at least some of pages?

Anyways, I'd have compiled a short list of FAQs and publish it somewhere to avoid so much of typing

are people realy surprised this happenned?

what is interesting.. that one or two day before this situation, epassporte lowered atm withdrawal limits for ALL accounts to 1020$

so already then something was going on. now they are saying that it was sudden and reason isnt known. i dont know.. STRANGE

Michael ? what can you say about lowering limits and its connection to VISA affair ?

Holy cow. Don't the studios usually assume the risk when they greenlight a movie? This is the other way around! So Mr. Mallick and his private investors (if any) are basically out $20m?

You've been a member on GFY since Nov 2005. If you haven't figured out how to search threads and posts in the past five years, maybe its time to stop calling yourself a webmaster, put down the keyboard and go grab a McDonalds job application.

i agree. one day -they lower the limits and the next day it's all fucked.
something is really strange going on here.

YES! something was working for 7 years and now is gone... why we shouldn't be surprised??

what is interesting.. that one or two day before this situation, epassporte lowered atm withdrawal limits for ALL accounts to 1020$

so already then something was going on. now they are saying that it was sudden and reason isnt known. i dont know.. STRANGE

Michael ? what can you say about lowering limits and its connection to VISA affair ?

we can only speculate now. Nobody knows for sure what happened! All I'm really hoping for is to have all this mess resolved! That's what matters the most in situations like this!

If you need money I will buy camgirls.com from you for $100

I know I am a bit biased but if you do not need the money now I would wait a week and see what happens.
The money is safe, you will get your money if not we would not be here posting and would not tell Account Holders what the current withdrawal options are and so on.

you had no idea about the gambling stuff they processed of the US witchhunt of gambling payments etc?
it never crossed your mind epassporte was mostly providing a way for porn webmasters to get money out of an ATM?!
you never worried about dealing with a payment company operating out of the caribean?


in seven years seriously?

i agree. one day -they lower the limits and the next day it's all fucked.
something is really strange going on here.

But if you will not be able to present some new solution until the end of next week - things will really start going weird.

i hate to say i agree.

And yet you will have to wait until the end of the week.... so wait.

by Rophuine (946411) writes: on Friday September 03, @09:21PM (#33471868)

I was a software engineer working in a company which had a similar thing done to it by MasterCard (MC from here on). The circumstances may be similar or vastly different, but the program which triggered it was used mainly by online gambling services, and we provided customers with Maestro/Cirrus branded MCs.

The product was ostensibly a prepaid debit card for travellers. The melt-down started when an MC official at an international event received marketing material for the card, and called the help-desk. He was told all about the benefits of the card, including the ?special? benefits like being able to load gambling winnings onto it and then withdraw them as cash from US ATMs (I should stress that this was a program operated by our client, not by us; we were just the platform.)

It turns out that this is money-laundering. You just aren?t allowed to market that. So our client (who operated the program) was investigated, and then we (who owned the payment platform) were also investigated. While a handful of people were using the program legitimately, the vast majority were using it for its ?special? benefits. MC also found that we should have known about it, and we?d failed to do correct due diligence. The program was shut down immediately, and all cards were de-activated, as its primary purpose was to facilitate money-laundering (we received two hours? warning, and I had a federal police officer standing behind me while I signed in and deactivated the card range). We lost our licence to access the MC network, and MC gave us 30 days to notify customers of legitimate programs and disconnect. We were successful in getting a court order extending this to 180 days.

MC has strict risk guidelines on this sort of thing. The integrity of the network is paramount: illegal money flows are targeted and stamped out vehemently. They would rather risk disconnecting thousands of legitimate cards than risk losing trust in a network which provides for billions of them.

The real problem is that it?s all private enterprise. Our contract with MC gave them all of these powers: if you don?t want to let MC have this sort of power over you, you don?t use their network. There is no right of appeal, especially for international partners (the court?s authority to even grant the time extension for our genuine legal programs was tenuous, and was only enforceable due to MC wanting to be nice to another party in the chain who was subject to Australian law).

I hope this is interesting information. If you want to know how the story ends, join the club: it?s still going. Perhaps you can visit David Tzvetkoff in a US prison and ask him if he knows.

I suppose what it really gets back to is that VISA is probably not doing this to comply with laws. They know that the best money for an organisation their size is to be made in massive, highly-trusted networks which are beyond reproach. They kick anyone off who might give them any kind of a smudge. Not just pr0n, obviously, I'm talking about money-laundering-style smudges. Which is not, of course, to say that this is what ePassporte was doing: there was neither trial nor opportunity to defend when MC came after us. It was "we're on our way, be ready to turn them off in front of a federal police officer when we arrive." They didn't have to prove that our client was doing anything wrong. They didn't have to prove that we should have known about it. They just decided that they were satisfied, end of story. We only got the extension from the court because they found that MC hadn't met the requirements under the contract to terminate with 30 days notice, and they had to fall back to the "we can kick you off just because we don't like the brand of office chairs you buy" 180 days.

Not all accounts they didn't.

I hope epass or visa can release by monday a press news on what really happen

what is interesting.. that one or two day before this situation, epassporte lowered atm withdrawal limits for ALL accounts to 1020$

so already then something was going on. now they are saying that it was sudden and reason isnt known. i dont know.. STRANGE

Michael ? what can you say about lowering limits and its connection to VISA affair ?

i hope that im wrong but lets take a look at this and think:

1) lowering ATM withdrawal limits WITHOUT ANY NOTICE just before affair -to not allow users withdrawn too much cash ?

any other ewallets that would replace epassporte?