GoFuckYourself.com - Adult Webmaster Forum - View Single Post - New ePayments Association to Address High Cost of Paying Commissions and Affiliates

lagcam · 04-06-2012, 07:43 PM

I would have thought that if operating out of and "headquartered" in the UK, then epayments.com should be registered with and regulated by the UK Financial Services Commission........as Moneybookers are.

The Gibraltar FSC registration is for GIBRALTAR based companies, in this case, the card issuer Wave Crest Holdings

Correct me if I am wrong, but I am pretty sure that being a "partner" (ie a customer) of a Gibraltar FSC regulated card issuing company doesn't make epayments.com a regulated company, and as such THAT is where the risk is.

It is not helped by the fact that you seem to be claiming credibility based on Wave Crest Holdings' credibility.......

Quote:

Originally Posted by ePayments

Wave Crest Holdings is an authorised E-Money institution in Gibraltar http://www.fsc.gi/fsclists/Details.aspx?EntityID=13271

and has successfully passported its issuing rights to the UK.

Quote:

Originally Posted by ePayments

Would major organisations such as O2 mobile operator which is a part of Telefonica Group partner with a company they believed could not deliver? If you still doubtful, here is their press release - http://news.o2.co.uk/Press-Releases/...tners-307.aspx

I am sure that Wave Crest Holdings would be very interested to see this thread.