First choice pay cards not loading?

[jwerd]

Anyone having issues loading first choice pay accounts?

[nikki99]

wait I am checking...

[Konda]

Anyone having issues loading first choice pay accounts?

FirstChoicePay is owned by Choice Bank, which is currently under liquidity constrained position:

Due to recent developments involving the prepaid card component of our international banking business, Choice Bank Ltd. (“the Bank”) has been forced into a temporary liquidity constrained position.

With a view to enable the Bank to manage cash flows in an orderly fashion to work through the current liquidity situation, in the interest of depositors and other creditors as a whole, the Bank has taken the decision in its view as a matter of necessity, with immediate effect, to temporarily suspend all withdrawals from deposit accounts with the Bank and other outbound payment activities (save for payment of employees, suppliers essential for core operations, consultants and advisers) until the Bank and/or its relevant regulatory authorities (as the case may be) are satisfied that such suspension is no longer required.

The Bank maintains a strong balance sheet with total equity including paid up capital and accumulated retained earnings in excess of US$26 million, a most recent reported regulatory capital ratio of 26.92%, and statutory liquidity ratio of 74.59%, such ratios significantly exceeding all statutory capital adequacy and liquid asset requirements. The liquidity challenges the Bank currently faces is truly a short-term one. As it progresses through this process, the Bank is confident that all its depositors, cardholders and creditors will be kept whole.

We thank you for your patience and understanding and apologize for any inconveniences caused.

[nikki99]

FirstChoicePay is owned by Choice Bank, which is currently under liquidity constrained position:

what this means? I see my money inside, cannot withrawal?

[Konda]

what this means? I see my money inside, cannot withrawal?

I would guess so, but in the other thread you said your Choice issued Paxum card still worked? Or what were you referring to there.

I just used it

Thank You For Your Purchase nikkimontero!

[nikki99]

we need that guy from Israel in here.....

[NickBaer]

In the main thread about FirstChoice, I posted that XTube has not yet loaded my account - expected on the 6th.

https://gfy.com/fucking-around-and-p...-business.html

[Konda]

People that contacted support were told that they are going to close down. You can still use the money on the cards, but not receive any new payments.

FirstChoicePay is ceasing its service. During this process of winding down the service, the funds on your card are there for you to use, but FirstChoice Pay is no longer processing any further payments.
Choice Bank, the issuing bank of FirstChoice Pay, is no longer issuing prepaid cards and ceasing the services.

[NatalieK]

People that contacted support were told that they are going to close down. You can still use the money on the cards, but not receive any new payments.

exactly this...


you can remove money on your card as and when, although, i´m removing our monies immediately, although you cannot fund more and receive more payments.

[CaptainHowdy]

That sucks :/ ...

[topadult]

So I still can use my FCP card and account to withdraw money, but NOT receive money any more, right?
When will they close FCP completely?

[magneto664]

Does this wonderful information concern also PAXUM customers?

[Adraco]

The woundeful news is applicable for all joyful paxum clients too!
Merry Christmas!!!

[King Mark]

Told yall so... happy new year!

[Aron-NL]

Feels like 2009 summer, when epassport went down. Funds on business accounts are frozen, no word on when it will be released or sent back. I hope they are not sponsoring another mediocre movie from our money...

[JFK]

That sucks :/ ...

Sure Does !

[Oracle Porn]

Feels like 2009 summer, when epassport went down. Funds on business accounts are frozen, no word on when it will be released or sent back. I hope they are not sponsoring another mediocre movie from our money...

at least it didn't happen on a friday

[hdbuilder]

If they say they are closing FCP and not issuing new prepaid cards, for sure its gonna affect Paxum, damned

[Klen]

If they say they are closing FCP and not issuing new prepaid cards, for sure its gonna affect Paxum, damned

And epayservice, and bunch of others which uses choice as well.

[femdomdestiny]

Is there some fucking alternative to the Choice bank? And what that band did wrong?

[RuthB]

Paxum Statement Regarding Choice Bank

Paxum has been mentioned in this thread, so I am posting this here as well.

Paxum Inc would like to address any concern our clients may feel after the recent news regarding Choice Bank Limited. On April 9th 2018 Choice Bank Limited informed its customers that it has been forced into a constrained position by the regulatory authorities.

Paxum would like to reassure our customers that this is an issue between Choice Bank and its regulatory authorities directly, and it is completely unrelated to Paxum. Paxum is just a customer of Choice Bank.

As a result of the news from Choice Bank we regret to inform you that Paxum cards can no longer be loaded via transfer to card. However it is important to note that any funds that currently exist on any Paxum card issued by Choice Bank are fully available and can be used as normal at the ATM and for POS purchases.

We are grateful that only a small portion of Paxum users are affected by Choice Banks situation, as it only relates to the Paxum issued card. All other aspects of Paxum services are operating normally, and regular service is uninterrupted. We apologize for this inconvenience caused to Paxum card-holders by Choice Bank, and we are working hard to promptly implement our new card solution.

As part of our commitment to providing a reliable payment service, and as a result of lengthy card issuing delays through Choice Bank over the last few months, Paxum had already been exploring alternative card issuing options and we have finalized a backup card. New cards are currently being printed. There will be no additional cost to the user for the new card, and we should have everything completed within 4 weeks. We will update clients as soon as the new cards have been shipped and implemented.



In the beginning of March 2018 Choice Bank experienced problems loading funds to cards and at that time Paxum pro-actively introduced Instant Withdrawal to External Credit/Debit card as an additional instant withdrawal option. Many clients have tried this option, and we recommend it for any Paxum client seeking instant access to their account funds while a replacement Paxum card is being implemented. Please note, some restrictions do apply.

Paxum payment solution has always been more than just a card, which is why problems that our card issuer Choice Bank is experiencing will not cause any long-term damage to Paxum's ability to provide consistent secure global payment services.

Paxum offers multiple withdrawal options (Wire, EFT/ACH, External Credit/Debit Card, and Transfer to Other Accounts), instant payments worldwide, and we still offer instant withdrawal. Paxum cards will be back very soon, and we look forward to continuing to serve our clients payment needs in the meantime.

[JM-cj]

Is some firstchoicepay support will here?
What to do with money that was not loaded to card?

[Tjeezers]

Is some firstchoicepay support will here?
What to do with money that was not loaded to card?

I asked this to them, they said it would be sent back to the sender.

[JM-cj]

I asked this to them, they said it would be sent back to the sender.

If I had on my account 11000$
10.000$ was on card but 1000$ at account

I can cash only 10.000, what to do with other 1000$?

[nikki99]

I just went to an ATM machine it works... at least

[danep]

Hi everyone, I am as shocked and surprised as you are.
The truth is that at the moment, I am no longer in a position to speak on behalf of any company or entity but myself. As far as I know, there will be formal instructions throughout the upcoming hours and days.
I wish to express my deep gratitude to this forum, and the people in here. You taught me a lot, and it has been a great time.
I will stick around here as long as you will let me, even if not as an industry representative, if this option is real.
I am hopeful, that somehow I will be able to stay in the adult space, because I find it the best the best place to be in.

[overdose]

so for paxum now I can withdraw shit to my hungarian account for 5$ instead getting it out an ATM for 2$... great... I just don't know why do I need paxum then at all xD +1 payment gateway for additional fees lol, like I'm so bored without paying all these fucking high fees... actually right now one of the cheapest way to withdraw my money if I get it all in cryptocurrency on CEX and I withdraw it to my local bank in one day with much less fees... who would've thought

[ilnjscb]

Dan go to Paxum

[NALEM]

Does anyone know if BP was using Choice Bank via the services of Payoneer, FirstChoicePay, Paxum, etc?

[SEXTANT]

Is this regular thing?

[TrashyContent]

Hmmmm...

Is this regular thing?

Uh huh... Welcome to iBill... slightly different mind... Epassport... ect ect... I am sure there's more...

[HowlingWulf]

I can't switch to Paxum because as of Jan 10th, "unfortunately Paxum will no longer be providing services to USA Personal Account-Holders" ...

[TrashyContent]

Yep...

Payment came through after a little over 24 hours... So at least I know it works