Quote:
Originally posted by greenlab
I dont wanna take DamCash side, however there are some strange facts going on :
Sponsor accounts (Business accounts) cand only be funded by wire transfers, this meaning the the funds are available on epassporte bank account, before they enter the system and can not be fraudulent.
Also, a Sponsor account (Business Account) can also receive transfers from another Business Account (B2B). However sice all Business Accounts can only be funded by wire transfers, i dont see how fraud cand take place....
Note that a Business Account CAN NOT receive funds from personal/associate accounts ! (p2b)
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Sigh. I'm going to correct the errors in this reasoning and then I'm not posting in this thread again.
Lanoy, you need to email me kimmy @ epassporte .com so that I have somewhere to answer your questions when risk management gives me the answers tomorrow. I will not be posting them on a message board since they will be account specific.
Now on to the rest...
Business accounts are initially funded and reloaded via wire transfer. We do not allow direct funding of business accounts with anything else. However, using the ePpurchase interface money does move from personal accounts, which are credit card loaded, into business accounts, creating a co-mingled funds situation.
I hope this clarifies the situation as far as your questions regarding how funds can be transferred.