Quote:
Originally posted by chowda
who can insure u more than 100k?
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Most large account are privately insured by the bank. I have heard of privately insured accounts into the hundreds of millions of dollars.
Third party processors and payment companies like PayPal and epassporte are normally considered high risk and don't have the extensive requirements that state and federally chartered banks.
I haven't signed up for epassporte because I have signed up for too damn many online transfer systems. In the end, I prefer to get a wire, ACH deposit or a check. Epoch, CCBill, Jettis are all very small financial companies that are always two or three bad quarters away from bankrupcy.
The one, true solution in the future for adult online is to form our own bank.