Dear Epass why you're stealing our money? - GoFuckYourself.com

TheAccountant · 10-01-2007, 08:43 AM

Why for 17 euros you want 55 usd and for 89 euros you want 154 usd?

ultra100 · 10-01-2007, 08:50 AM

Quote:

Originally Posted by simons

Why for 17 euros you want 55 usd and for 89 euros you want 154 usd?

Is it for real, man? You tried to withdraw from ATM 17 euros and it charged $55....

Tom_PM · 10-01-2007, 08:51 AM

lol wow, if true that is nuts. What country is this in?

Vick! · 10-01-2007, 08:52 AM

Holy shit, you serious?

klinton · 10-01-2007, 08:55 AM

what ?
........

TheAccountant · 10-01-2007, 08:56 AM

Please do not post links to other forums on GFY. Read the rules.

u-Bob · 10-01-2007, 09:12 AM

Quote:

Originally Posted by simons

and quoting it was a bad idea too

ok, that was not a good idea....

Cyber Fucker · 10-01-2007, 09:18 AM

Antonio · 10-01-2007, 09:23 AM

Quote:

Originally Posted by simons

Why for 17 euros you want 55 usd and for 89 euros you want 154 usd?

they were probably thinking three days ahead, that's why

JD · 10-01-2007, 09:53 AM

Quote:

Originally Posted by simons

I should ban you guys for making me have to edit all the additional posts because you keep quoting

bad idea man :/ contact a mod and ask them to not ban you...

HollywoodChris · 10-01-2007, 09:57 AM

Quote:

Originally Posted by simons

Why for 17 euros you want 55 usd and for 89 euros you want 154 usd?

Is this true?

RawAlex · 10-01-2007, 09:57 AM

I am suspecting an ATM fee being in there.

Do the math:

17 * 1.4 = 23.80 55-23.80 = 31.20us = 22 euros

89 * 1.4 = 124.60 154-124.60 = 29.40us = 21 euros.

Now, I am using round numbers, but in both cases, I see a "fee" of about 21 or 22 euros to make the withdrawl. You might want to check which ATM machines you are using, you might be getting hosed right there.

TheAccountant · 10-01-2007, 10:05 AM

Quote:

Originally Posted by RawAlex

I am suspecting an ATM fee being in there.

Do the math:

17 * 1.4 = 23.80 55-23.80 = 31.20us = 22 euros

89 * 1.4 = 124.60 154-124.60 = 29.40us = 21 euros.

Now, I am using round numbers, but in both cases, I see a "fee" of about 21 or 22 euros to make the withdrawl. You might want to check which ATM machines you are using, you might be getting hosed right there.

I paid using Epass as normal CC with POS. And nope, yesterday was the first that this shit happened.

TheAccountant · 10-01-2007, 10:07 AM

Quote:

Originally Posted by HollywoodChris

Is this true?

I can sadly say.. yes, it is.

RawAlex · 10-01-2007, 10:10 AM

Quote:

Originally Posted by simons

I paid using Epass as normal CC with POS. And nope, yesterday was the first that this shit happened.

it is just to convenient that the difference is the same in both cases. It would be interesting to see if you have banks in common, or common networks, or common processors. The fee seems a little too obvious to make any sense.

flashfreak · 10-01-2007, 10:56 AM

what country, what bank atm.. I took money from atm yesterday and today - everything was OK

TheAccountant · 10-01-2007, 11:34 AM

Quote:

Originally Posted by flashfreak

what country, what bank atm.. I took money from atm yesterday and today - everything was OK

I paid with CC at POS in Italy. The other guy did the same in Holland. We didn't take money from atm.

babydred · 10-01-2007, 12:10 PM

"atm" meaning, "At-The-Moment"
...not Automatic Teller Machine.

correct?

cambro2 · 10-01-2007, 12:22 PM

Jeeez, it sux man

After Shock Media · 10-01-2007, 12:52 PM

POS = at a cash register. (Point of Sale)
ATM = Automatic Teller Machine.

Regardless the card issuers decide to exchange rate and not the ATM or POS machines. Those machines just have a set per transaction fee. Any exchange rates are set by the card issuers by assorted agreements with the banks. Thought it is all to easy and common to blame the machine's. Primarily because for way to long it seems like the machines were jacking people with free transactions for cards their bank issued, and other rates for non bank cards. Even worse is some convenience stores or places like Vegas would charge a very high transaction rate or a minimum percentage, and even charge this amount when you checked your balance.

If you do not believe me locate and ask some people that own and operate their own ATM machines or have a store with POS ability.

c0ld · 10-01-2007, 12:54 PM

I onced tanked pertrol (paid with Epassporte VISA) and it charged like 50$ instead of 50€ (I'm from Belgium). I like!

webgurl · 10-01-2007, 12:56 PM

Does the fee depend on the amount you take out ? (like the more you take out the higher your fees are )
I thought it was a flat rate of the bank , exchange rate , and ePassporte Regardless of the amount you take out .

V_RocKs · 10-01-2007, 01:39 PM

Wow... ok... Sponsors, now I do NOT want Euros... USD is fine, for now.

RawAlex · 10-01-2007, 02:30 PM

Quote:

Originally Posted by After Shock Media

POS = at a cash register. (Point of Sale)
ATM = Automatic Teller Machine.

Regardless the card issuers decide to exchange rate and not the ATM or POS machines. Those machines just have a set per transaction fee. Any exchange rates are set by the card issuers by assorted agreements with the banks. Thought it is all to easy and common to blame the machine's. Primarily because for way to long it seems like the machines were jacking people with free transactions for cards their bank issued, and other rates for non bank cards. Even worse is some convenience stores or places like Vegas would charge a very high transaction rate or a minimum percentage, and even charge this amount when you checked your balance.

If you do not believe me locate and ask some people that own and operate their own ATM machines or have a store with POS ability.

You are correct, except you missed a few things in the game.

Depending on the system used, there may be "intersystem fees", and other transactional fees depending on the bank and network that the ATM or POS terminal is attached to. The amount removed from your epass account is normally the amount requested (local currency) converted to US dollars (plus a percentage fee by epass, like banks do when you exchange money).

Now, if ask the remote bank for 20 euros, and the remote bank charges you a 20 euro fee for using a foreign debit card or for a non-system card, they would request 40 euros plus ATM fee from Epass, who would in turn convert that to US and deduct it from your account. Epass would have no direct way to know what part of the transaction is fees and what part of the transaction is actual amounts spent.

Judging by the fact that the amounts charged look remarkably the same, I would suspect that some group of european banks have started to charge per transaction fee similar to what they charge to cash US checks.

DamageX · 10-03-2007, 05:02 AM

Quote:

Originally Posted by RawAlex

You are correct, except you missed a few things in the game.

Depending on the system used, there may be "intersystem fees", and other transactional fees depending on the bank and network that the ATM or POS terminal is attached to. The amount removed from your epass account is normally the amount requested (local currency) converted to US dollars (plus a percentage fee by epass, like banks do when you exchange money).

Now, if ask the remote bank for 20 euros, and the remote bank charges you a 20 euro fee for using a foreign debit card or for a non-system card, they would request 40 euros plus ATM fee from Epass, who would in turn convert that to US and deduct it from your account. Epass would have no direct way to know what part of the transaction is fees and what part of the transaction is actual amounts spent.

Judging by the fact that the amounts charged look remarkably the same, I would suspect that some group of european banks have started to charge per transaction fee similar to what they charge to cash US checks.

That would be a very shitty thing to do actually. The reason why banks over here charge for cashing USD checks is because they're being processed manually. Plus, of course, they do add a mark-up on that. Still, charging the same fee for POS or ATM withdrawals would be really shitty. Especially since ?20+ for it would be grossly overpriced, most banks will charge about half that to cash in a USD check.

aico · 10-03-2007, 05:05 AM

Quote:

Originally Posted by SPeRMiNaToR

bad idea man :/ contact a mod and ask them to not ban you...

Why would they ban him? There is no rule that says you can't link to other forums, it says you can't SPAM other forums, big difference.

Michael O · 10-03-2007, 05:23 AM

Please email me a screen shot of your statement with the transactions highlighted and I will look into it when I am back Monday.

DEA - banned for life · 10-12-2007, 08:52 AM

fuck epass..bump for my $$

10-01-2007, 08:43 AM	#1
TheAccountant So Fucking Banned Join Date: Dec 2005 Posts: 705	Dear Epass why you're stealing our money? Why for 17 euros you want 55 usd and for 89 euros you want 154 usd?

10-01-2007, 08:51 AM	#3
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	lol wow, if true that is nuts. What country is this in? __________________ 43-922-863 Shut up and play your guitar.

10-01-2007, 08:52 AM	#4
Vick! Confirmed User Industry Role: Join Date: Nov 2005 Location: 20 00'24.00" N, 75 09'00.00 W Posts: 6,882	Holy shit, you serious? __________________ Affordable Quality Web Hosting

10-01-2007, 08:56 AM	#6
TheAccountant So Fucking Banned Join Date: Dec 2005 Posts: 705	Please do not post links to other forums on GFY. Read the rules. Last edited by Eric; 10-03-2007 at 12:47 PM..

10-01-2007, 09:18 AM	#8
Cyber Fucker Hmm Industry Role: Join Date: Sep 2005 Location: On an endless road around the world for rock and roll. Posts: 12,642	WTF __________________

10-01-2007, 08:55 AM	#5
klinton So Fucking Banned Industry Role: Join Date: Apr 2003 Location: online Posts: 8,766	what ? ........

10-01-2007, 09:57 AM	#12
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	I am suspecting an ATM fee being in there. Do the math: 17 * 1.4 = 23.80 55-23.80 = 31.20us = 22 euros 89 * 1.4 = 124.60 154-124.60 = 29.40us = 21 euros. Now, I am using round numbers, but in both cases, I see a "fee" of about 21 or 22 euros to make the withdrawl. You might want to check which ATM machines you are using, you might be getting hosed right there.

10-01-2007, 10:56 AM	#16
flashfreak Confirmed User Industry Role: Join Date: Jun 2002 Location: cloud number 9 Posts: 4,396	what country, what bank atm.. I took money from atm yesterday and today - everything was OK __________________ SEO Mogul \| ICQ: 163671223

10-01-2007, 12:10 PM	#18
babydred Confirmed User Industry Role: Join Date: May 2004 Location: I'm EVERYWHERE! Posts: 497	"atm" meaning, "At-The-Moment" ...not Automatic Teller Machine. correct? __________________ New niche?

10-01-2007, 12:22 PM	#19
cambro2 Confirmed User Join Date: Nov 2005 Posts: 216	Jeeez, it sux man __________________ Plzlink.me - Shorter URLS Free Image and File Hosting Free Anonymous Email

10-01-2007, 12:52 PM	#20
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	POS = at a cash register. (Point of Sale) ATM = Automatic Teller Machine. Regardless the card issuers decide to exchange rate and not the ATM or POS machines. Those machines just have a set per transaction fee. Any exchange rates are set by the card issuers by assorted agreements with the banks. Thought it is all to easy and common to blame the machine's. Primarily because for way to long it seems like the machines were jacking people with free transactions for cards their bank issued, and other rates for non bank cards. Even worse is some convenience stores or places like Vegas would charge a very high transaction rate or a minimum percentage, and even charge this amount when you checked your balance. If you do not believe me locate and ask some people that own and operate their own ATM machines or have a store with POS ability. __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected] Last edited by After Shock Media; 10-01-2007 at 12:53 PM..

10-01-2007, 12:54 PM	#21
c0ld Confirmed User Join Date: Mar 2006 Location: Belgium Posts: 435	I onced tanked pertrol (paid with Epassporte VISA) and it charged like 50$ instead of 50€ (I'm from Belgium). I like! __________________ 1:34 my icq: 239730866

10-01-2007, 12:56 PM	#22
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	Does the fee depend on the amount you take out ? (like the more you take out the higher your fees are ) I thought it was a flat rate of the bank , exchange rate , and ePassporte Regardless of the amount you take out .

10-01-2007, 01:39 PM	#23
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,409	Wow... ok... Sponsors, now I do NOT want Euros... USD is fine, for now.

10-03-2007, 05:23 AM	#27
Michael O More Cowbell Industry Role: Join Date: Jul 2001 Location: Nakhom Nowhere Posts: 10,607	Please email me a screen shot of your statement with the transactions highlighted and I will look into it when I am back Monday. __________________ Truth Teller

10-12-2007, 08:52 AM	#28
DEA - banned for life V.I.P. Join Date: Nov 2004 Location: InYour Head Posts: 7,886	fuck epass..bump for my $$