You guys do realize that first choice pay was payoneer right? They just screwed everyone over and you all are going right back.
They didn't screw anyone over. Their bank has issues so they are closing down, but everyone still has access to their funds on their cards, and new incoming transfers will be returned to sender.
So they might cause inconvenience for some people, but they didn't screw anyone over.
I recall there was a moment back in the day ( like 2 years ago ) when I switched my FirstChoice Payoneer card to the one they offered that time - FirstChoice was light blue, new ones come in black color.
That card allows using First Century Bank and BOA.
Does it mean some programs chose to stay with FirstChoice back in the day?
I still don't understand how or why a payment processor that kicked out high risk customers a couple of years ago would now welcome them with open arms.
They screwed-over Programs (Sponsors) that tried to send mass payments to FCP card holders on or about April 6th.
Only they didn't? They closed shop. Businesses close all the time. You get annoyance from that, but that's not fucking you over. When your local deli closes that you used to buy sammiches from every morning on your way to work, that's not them fucking you over, that's them just closing and you having to deal with a temporary annoyance until you find another one.
Only they didn't? They closed shop. Businesses close all the time. You get annoyance from that, but that's not fucking you over. When your local deli closes that you used to buy sammiches from every morning on your way to work, that's not them fucking you over, that's them just closing and you having to deal with a temporary annoyance until you find another one.
Imagine you place an order with the deli on Tuesday, then come back on Thursday to find it closed down.
A better analogy might be that you send a cheque in the mail, and the postal service closes, without notice, whilst it's still in transit.
This was not a clean, staged shut down. FCP are still holding customer's funds, and was accepting them right up to the point it abruptly ceased its services.
Imagine you place an order on Tuesday and a meteor hits the delivery truck 1 hour before you go and pick it up?
What's your point? You going to sue the deli at that point for screwing you?
I'm leaving Payoneer because :
1. Payments are often rejected, takes 3-5 days to clear out, available from companies only.
2. their fees are too high. Especially ATM withdrawal where currency conversion is involved. It's about $40 to withdraw $750. Lovely, no?
https://www.cosmopayment.com - I hear this is also a Payoneer brand...? Domain was registered 3 weeks ago. Site is built on Wix and is hosted with Google Cloud.
https://www.cosmopayment.com - I hear this is also a Payoneer brand...? Domain was registered 3 weeks ago. Site is built on Wix and is hosted with Google Cloud.
That is what I was thinking and I am also assuming that they are using the free $300 in Google Cloud credit. So, free hosting, free platform... Buyer beware?
They are a white label card issuer, no? So they just issue the card, but who manages the account? Of course it says Cosmo Payment, but who are they and are they at all affiliated with Payoneer?
Since Chaturbate was quick to push Cosmopayments both in their Twitter as well as their Blog, my first gut feeling is that it could perhaps have something to do with them. I have absolutely no proof or indications pointing in that direction, but with the amount of performers they must have, imagine being able to have "your own payment alternative" and charge performers for each payment?!
When looking at the Cosmopayments fee schedule, the fees all correlate with Payoneer/FirstChoicePay, only that the Cosmopayment fees are slightly higher, $0.50 here, $1 there... It all adds up quickly!
I, for one, will NOT be signing up for Cosmopayments...
---------------------------------------------------------------------------------- The truth is not affected by the beliefs,or doubts, of the majority.
Since Chaturbate was quick to push Cosmopayments both in their Twitter as well as their Blog, my first gut feeling is that it could perhaps have something to do with them. I have absolutely no proof or indications pointing in that direction, but with the amount of performers they must have, imagine being able to have "your own payment alternative" and charge performers for each payment?!
When looking at the Cosmopayments fee schedule, the fees all correlate with Payoneer/FirstChoicePay, only that the Cosmopayment fees are slightly higher, $0.50 here, $1 there... It all adds up quickly!
I, for one, will NOT be signing up for Cosmopayments...
I was thinking the same and then Streamate made the announcement as well. So I assume that this must be a 3rd party. But who is it, is the million dollar question...
Since Chaturbate was quick to push Cosmopayments both in their Twitter as well as their Blog, my first gut feeling is that it could perhaps have something to do with them. I have absolutely no proof or indications pointing in that direction, but with the amount of performers they must have, imagine being able to have "your own payment alternative" and charge performers for each payment?!
When looking at the Cosmopayments fee schedule, the fees all correlate with Payoneer/FirstChoicePay, only that the Cosmopayment fees are slightly higher, $0.50 here, $1 there... It all adds up quickly!
I, for one, will NOT be signing up for Cosmopayments...
LOL Who knows that people?? Cosmopayments??
CosmoPayment is currently supporting users in these countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Ireland, Italy, Isle of Man, Latvia, Lithuania, Luxembourg, Malta, Martinique, Netherlands, Poland, Portugal, Romania, Saint Martin, San Marino, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.
Last edited by robertsolo; 04-20-2018, 07:39 AM.
Reason: More info
Hi everyone, it's been a rough few days for us all. I wasn't in any hiatus, I was assisting the models communities around the clock.
Now, instead of trying to make an overall statement, I can offer a feasible service. Anyone who wishes to reach out, so I can see which brand caters to the activity, I'd be more than happy to do so. Please note that I can check a Payoneer related availability, anything related to Cosmo is not in my reach.
I'm not in a stage in which any PR, or a spokesman like action would provide a feasible result.
What I can do instead, is to provide my best assistance on a case by case scenario. It doesn't sound like much, but I doubt if any other industry representative, of a dissolving brand would dare to do what I do publicly, rather than hide. Hopefully I'll be remembered for that somewhere.
Now let's get to work, while I still have one.
Dan.
"Ain't in it for my health"
Levon Helm
"No temas pon la otra mejilla que golpeo con beso"
El Barrio
ive register with payoneer and now my account on firstchoicepay. i hope they can make back my account to payoneer. no FCP representative in here?
Originally posted by danep
Hi everyone, it's been a rough few days for us all. I wasn't in any hiatus, I was assisting the models communities around the clock.
Now, instead of trying to make an overall statement, I can offer a feasible service. Anyone who wishes to reach out, so I can see which brand caters to the activity, I'd be more than happy to do so. Please note that I can check a Payoneer related availability, anything related to Cosmo is not in my reach.
I'm not in a stage in which any PR, or a spokesman like action would provide a feasible result.
What I can do instead, is to provide my best assistance on a case by case scenario. It doesn't sound like much, but I doubt if any other industry representative, of a dissolving brand would dare to do what I do publicly, rather than hide. Hopefully I'll be remembered for that somewhere.
Now let's get to work, while I still have one.
Dan.
Hi everyone, it's been a rough few days for us all. I wasn't in any hiatus, I was assisting the models communities around the clock.
Now, instead of trying to make an overall statement, I can offer a feasible service. Anyone who wishes to reach out, so I can see which brand caters to the activity, I'd be more than happy to do so. Please note that I can check a Payoneer related availability, anything related to Cosmo is not in my reach.
I'm not in a stage in which any PR, or a spokesman like action would provide a feasible result.
What I can do instead, is to provide my best assistance on a case by case scenario. It doesn't sound like much, but I doubt if any other industry representative, of a dissolving brand would dare to do what I do publicly, rather than hide. Hopefully I'll be remembered for that somewhere.
Now let's get to work, while I still have one.
Dan.
No contact info on their site other than a generic contact form. When you attempt to signup, you are redirected to cardportal.com which seems to be a whitelabel (intercash.com) card issuer. So the product, as it stands right now is not even their (Cosmo) own. Doing a search on intercash.com, I find that there are cases where users are not receiving the cards, etc. As far as I can tell, they have no financial services licenses which should make anyone concerned. I know too many people that were burned by ePassporte..
Payoneer screwed their adult-industry customers over BIG time. Payoneer is the company that owns Firstchoicepay.
About a year ago they forced their adultbiz accountholders into their new Firstchoicepay label while they kept the non-adult accounts in Payoneer. That move is already quite suspicious. But both their Firstchoicepay and non-adult Payoneer accounts were with Choice Bank, the company Payoneer was partnering with for years.
Recently Payoneer must have known that something was up. So about 2-3 months ago they decided to save all their non-adult Payoneer accounts by moving them away from Choice Bank: https://community.payoneer.com/en/di...aid-mastercard
They knew what was going to happen, but didn't care about moving their adultbiz customers away from Choice Bank too. Now all of those adultbiz accounts with more than 10K have that amount blocked. There are accounts with more than 100K frozen. And ever since this happened, Payoneer/Firstchoicepay hasn't clarified anything about this or made a public statement about the part of the money that is indefinitely on hold. Their customer support doesn't give out any info either. They want to keep this as quiet as possible.
After Payoneer taking adequate action for their non-adult accounts but pushing their adult-industry accounts straight off the cliff, this sounds like fraud. Was this a set-up scheme between Choice Bank and Payoneer? I don't know but I would stay far away from anything Payoneer does until they solve this huge mess they created.
Comment