One big flaw with epassporte.com

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  • DatingGold
    $6 PER EMAIL JOiN
    • Feb 2003
    • 13185

    #1

    One big flaw with epassporte.com

    Your money isn't FDIC insured or insured by any other method.

    It'd be quite risky to leave $100k in an epassporte account to pay affiliates

    Do they have an option like Paypal where uses the funds off of your cc or checking account?

    9 Years of SOLID payouts and conversions!



    ADULT DATING - $100 PPS

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    ICQ: 27442303
  • sake
    Confirmed User
    • Apr 2002
    • 2648

    #2
    You can load money from a CC into your ePassporte account..

    Comment

    • DatingGold
      $6 PER EMAIL JOiN
      • Feb 2003
      • 13185

      #3
      Originally posted by sake
      You can load money from a CC into your ePassporte account..
      yeah but it's not realtime like paypal.. is it?
      9 Years of SOLID payouts and conversions!



      ADULT DATING - $100 PPS

      LIVE CAMS - $214 PPS

      WWW.DATINGGOLD.COM

      ICQ: 27442303

      Comment

      • Kimmykim
        bitchslapping zebras!!!!!
        • Jun 2001
        • 16015

        #4
        I think you might have hit New Topic instead of New Reply in Chris' question and answer thread perhaps?

        If not, I'll be happy to put my two cents into this thread.

        There has to be some level of trust in any relationship, whether it's between ePassporte and its account holders, a company and their processor, or anything else.

        If you have more than 100k in a bank account, the overage is not insured in the US.

        If you have a merchant banking agreement, your money is more than likely not insured for any amount, even if it is millions of dollars.

        If you are using an IPSP there is no insurance.

        While you have a fairly valid question, I think you are missing the big picture.

        Comment

        • bufferover
          Too lazy to set a custom title
          • Jan 2004
          • 25222

          #5
          Comeone dude PayPal sux

          1. Don't support members worldwide
          2. Hmm too many closed accounts without reason

          Comment

          • DatingGold
            $6 PER EMAIL JOiN
            • Feb 2003
            • 13185

            #6
            Originally posted by dimitar
            Comeone dude PayPal sux

            1. Don't support members worldwide
            2. Hmm too many closed accounts without reason
            I agree it sucks
            9 Years of SOLID payouts and conversions!



            ADULT DATING - $100 PPS

            LIVE CAMS - $214 PPS

            WWW.DATINGGOLD.COM

            ICQ: 27442303

            Comment

            • chowda
              Confirmed User
              • Jun 2003
              • 9527

              #7
              who can insure u more than 100k?
              Someone finds you...
              2007

              PS: Nationalnet is the best host I've ever had. And i tried alot of them.

              Comment

              • x582
                Confirmed User
                • Mar 2002
                • 609

                #8
                all your rebils and current earnings with ibill, epoch or whoever isn't FDIC insured either.

                it comes down to trust and your own personal risk management.

                Comment

                • EviLGuY
                  So Fucking Banned
                  • Apr 2003
                  • 12745

                  #9
                  Originally posted by DatingGold
                  yeah but it's not realtime like paypal.. is it?
                  Yeah its pretty much instant..

                  Comment

                  • Raf1
                    Too lazy to set a custom title
                    • Oct 2003
                    • 12117

                    #10
                    Originally posted by dimitar
                    Comeone dude PayPal sux

                    1. Don't support members worldwide
                    2. Hmm too many closed accounts without reason
                    exactly
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                    Comment

                    • James White
                      Confirmed User
                      • Apr 2004
                      • 1405

                      #11
                      paypal can kiss my ass
                      SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

                      Comment

                      • Giorgio_Xo
                        Confirmed User
                        • Mar 2003
                        • 4263

                        #12
                        Originally posted by chowda
                        who can insure u more than 100k?
                        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.
                        Last edited by Giorgio_Xo; 05-25-2004, 02:15 PM.
                        Make Levees, Not War

                        Comment

                        • Imageauction
                          Confirmed User
                          • Dec 2002
                          • 355

                          #13
                          ePassporte cards are issued by St. Kitts-Nevis-Anguilla National Bank Ltd., Basseterre, St. Kitts, West Indies.



                          So should something happen to ePassporte, it would take an extreme effort to recover the money. I wouldn't let this dissuade you, just understand the risk. Don't have more in your account than you can afford to lose. I never let my Paypal account get over a few hundred and I can't see us doing that with ePassporte.
                          SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

                          Comment

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