ePassporte Official Statment - Page 32 - GoFuckYourself.com

seven · 09-05-2010, 01:29 PM

Is this really gonna be resolved? Not like globill or ibill or the buncha others who got shut down in the past right?

Good lord I haven't been using epass very actively so not too much to lose this time.

2intense · 09-05-2010, 01:33 PM

Quote:

Originally Posted by Odysseus

[font size=+5000] superdio, i think, .. You are fucking BITCH! [/font]

i agree

nikki99 · 09-05-2010, 01:39 PM

Quote:

Originally Posted by seven

Is this really gonna be resolved? Not like globill or ibill or the buncha others who got shut down in the past right?

.

don´t forget lancelot security

I have been screwed 3 times already in the past, I hope epass is not the 4th or I will go out and kill someone

F-U-Jimmy · 09-05-2010, 01:40 PM

Quote:

Originally Posted by seven

Is this really gonna be resolved? Not like globill or ibill or the buncha others who got shut down in the past right?

Good lord I haven't been using epass very actively so not too much to lose this time.

Yep just like Iballs and Globalls, wait a few years and when they think people have forgotten they will open up again as though nothing has happened ?

crazytrini85 · 09-05-2010, 01:41 PM

Quote:

Originally Posted by garce

Nice try. His original quote specifically named Mr. Mallick and Epass as exploiters of children. There was no mention of Chinese kids making Levi's for Walmart in that post. Of the two brain cells you have left, which one told you to spew out this irrelevant bullshit?

2 cents. 2 brain cells.

You are an absolute, complete, daft idiot. So now Mr. Mallick has Chinese children pumping out jeans and t-shirts for his GAP franchise? What the fuck are you saying?

Everyone exploits someone else. The post I quoted implicitly states that Mr. Mallick and Epass donate money to children's charities to deflect criticism from their sexual exploitation of children.

How fucking stupid are you? Really? You are THAT fucking stupid.

I have no dog in this fight but I was making a point. Since when are there levels of child exploitation? You either exploit them or you don't. The only difference is, are you educated enough to at least know you are exploiting them or do you accept the fact that it is a necessary evil for all the things we consume. That's all it boils down to.

czarina · 09-05-2010, 01:46 PM

Quote:

Originally Posted by Michael O

100% ....

now that makes me feel good. I didn't lose an insane amount like other people, but still lost some, and it was money I worked hard for. So I'm hoping that this gets resolved.

TzarJorge · 09-05-2010, 01:49 PM

Even tho 50 bucks for a wire transfer is not much, why users should pay for it, when they already paid for their visa card?
Epassporte should cover the wire transfer cost, or at least give it at the actual cost, which is not $50.

Visa is not owner of our money but of their cards, does not make any sense we can't get our money by transfer or crediting our personal cards.

Epassporte is dead, even if they recover their visa program or get another, i just can't trust them anymore.

I love ccbill so much, on time, everytime, no excuses, no problems just solutions.

rednet · 09-05-2010, 01:58 PM

i think if epass will solve problems and make money available then most people will contunie using it as a company passed a stress test

nikki99 · 09-05-2010, 02:00 PM

Quote:

Originally Posted by TzarJorge

I love ccbill so much, on time, everytime, no excuses, no problems just solutions.

what about those dozens of emails saying "denial suscription"? it pisses me off big time

nikki99 · 09-05-2010, 02:03 PM

good thing about all this epass drama is I had constipation and yesterday night I had diarrea

TzarJorge · 09-05-2010, 02:06 PM

Quote:

Originally Posted by nikki99

what about those dozens of emails saying "denial suscription"? it pisses me off big time

So, you dont have cascading i assume.

Dating Port · 09-05-2010, 02:08 PM

Quote:

Originally Posted by crazytrini85

Old post or not, that is a disturbing bit of information.

This also from an old post. Even more disturbing because He said the same thing then as he's saying now.

Quote:

Originally Posted by JD

Michael (ePassporte)
5:16
Hi
What can I do for you?

JD
5:17
trying to figure out why my load options have been cut

Michael (ePassporte)
5:17
We must temporarily suspend
loading/reloading via credit/debit card due to circumstances outside of
ePassporte's control. This is a temporary situation which we expect will be
resolved in the near future. We apologize for any inconvenience that this
situation may cause you.

JD
5:18
yeah i read that... i want to know what "near future" means.

Michael (ePassporte)
5:18
We do not have a date yet on when this feature will be re-instituted.

JD
5:19
so basically we're all screwed til date X comes around...

Michael (ePassporte)
5:19
Yes at this time the only load option is ACH

https://gfy.com/fucking-around-and-business-discussion/932461-epassporte-shut.html

We all know "date x" never came. That thread is almost exactly 11 months old.

nikki99 · 09-05-2010, 02:10 PM

Quote:

Originally Posted by TzarJorge

So, you dont have cascading i assume.

I do... still pisses me off

alias · 09-05-2010, 02:11 PM

Pretty lame.

PornMD · 09-05-2010, 02:12 PM

Quote:

Originally Posted by superdio

Please stop speculating nonsense. Its time to sit and wait for the resolution next week. Meanwhile it would be great if most sponsors start working in an alternative backup payment method to Epassporte just if this happens again. Looks like OKPAY is a nice option with debit Mastercard and P2P transfers.

Cleverly disguised affiliate link there buddy...I mean it's a bit.ly link so there's no way to tell it's an affiliate link. That's very clever.

Seriously, GTFO with that shit.

Tjeezers · 09-05-2010, 02:13 PM

Everyone should know Epass knew this way before
and this forum thread is just to calm down anyone with smoke clouds.

Consider your money lost!

They had warnings on 28 Jun, and epass thought " Mhh lets see how this works out "

Sorry for everyone, but your better off finding alternatives and cutting down your loses.

Slap Dot · 09-05-2010, 02:16 PM

Quote:

Originally Posted by Dating Port

This also from an old post. Even more disturbing because He said the same thing then as he's saying now.

https://gfy.com/fucking-around-and-business-discussion/932461-epassporte-shut.html

We all know "date x" never came. That thread is almost exactly 11 months old.

Well this issue isn't as big as a complete shut down of their use of funds.

I have a good amount of money in epass, but I still have faith in them at this point. An announcement/re-issue is needed next week or I'll lose faith.

cam_girls · 09-05-2010, 02:17 PM

Not sure if this angle has been mentioned,

but if say 10% of ePassporte total funds are in Wallet, then paying out the wallet could be to look like they are 'doing what they can / still in business' while the VISA funds are taken. (to pay for Middle Men!)

Jdoughs · 09-05-2010, 02:19 PM

Quote:

Originally Posted by cam_girls

Not sure if this angle has been mentioned,

but if say 10% of ePassporte total funds are in Wallet, then paying out the wallet could be to look like they are 'doing what they can / still in business' while the VISA funds are taken. (to pay for Middle Men!)

They cannot just take money out of our accounts to pay for a investment that Mr Mallick decides he wants to do.

Come on people, stop posting fucking bullshit.

cam_girls · 09-05-2010, 02:29 PM

Quote:

Originally Posted by Jdoughs

They cannot just take money out of our accounts to pay for a investment that Mr Mallick decides he wants to do.

Come on people, stop posting fucking bullshit.

It's a valid conspiracy theory - saying "THEY CANNOT" without any forethought is real BS.

Stop the cover up, talk facts (and theories)

Dating Port · 09-05-2010, 02:36 PM

Quote:

Originally Posted by Slap Dot

Well this issue isn't as big as a complete shut down of their use of funds.

I have a good amount of money in epass, but I still have faith in them at this point. An announcement/re-issue is needed next week or I'll lose faith.

I'm just pointing out that he's saying that the bank OR visa made them stop loading accounts from credit cards.

Now the bank OR Visa is making them stop using their Visa cards.

In either case, I don't see Visa coming back. They really don't have a reason to.
http://www.currencyofprogress.com/#/Moodys

beta-tester · 09-05-2010, 02:38 PM

Dating Port - you might be right with what you said, but money can't be blocked just like that. VISA can either release the money and cut down the business with epass and their bank entirely, or just reactivate the again...

The money simply can't be lost just like that...

Tjeezers · 09-05-2010, 02:40 PM

Quote:

Originally Posted by Jdoughs

They cannot just take money out of our accounts to pay for a investment that Mr Mallick decides he wants to do.

Come on people, stop posting fucking bullshit.

We had no accounts with that bank
Epass has one with it

There is no such thing as Accounts.

beta-tester · 09-05-2010, 02:45 PM

Quote:

Originally Posted by Tjeezers

We had no accounts with that bank
Epass has one with it

There is no such thing as Accounts.

yeah, but the cards are "OURS" (on our name), and money is preloaded on them. Meaning that Mr. Mallick or anyone else either from ePassporte or from the bank, cannot access our funds. That's the point in VISA Prepaid cards... we simply have the money "on the cards", and once the cards are blocked, the money is blocked too....

This scares me a lot, in case that the cards don't get unblocked... Hopefully that won't happen. I really have faith this will be resolved positively!

Agent 488 · 09-05-2010, 02:47 PM

http://en.wikipedia.org/wiki/Prepaid...ney_Laundering

The Financial Crimes Enforcement Network, a bureau of the US Department of the Treasury, has published a notice of proposed rulemaking on stored-value cards in the June 28, 2010 edition of The Federal Register. The proposed rules would require sellers of prepaid cards to register with the government and keep records on transactions and customers

http://edocket.access.gpo.gov/2010/pdf/2010-15194.pdf

Agent 488 · 09-05-2010, 02:49 PM

http://www.bankinfosecurity.com/arti...hp?art_id=2683

The proposed changes were submitted to be published in the Federal Register on June 22. Once a 30-day comment period passes, FinCEN will consider the submitted comments and possibly amend the rules.

.

Agent 488 · 09-05-2010, 02:54 PM

PREPARED REMARKS OF JAMES H. FREIS, JR.
DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK
U.S. DEPARTMENT OF THE TREASURY

DELIVERED AT THE MONEY TRANSMITTER REGULATORS ASSOCIATION
2010 ANNUAL MEETING AND EXAMINERS’ SCHOOL

OLYMPIC VILLAGE, CA
SEPTEMBER 1, 2010

http://www.fincen.gov/news_room/spee.../20100901.html

http://www.fincen.gov/news_room/rp/f...xam_Manual.pdf

Agent 488 · 09-05-2010, 02:56 PM

over the summer there has been a huge push for prepaid card companies to collect the same personal information as a bank does. thus why tons of people got requests for docs in the last month.

and during the same period mallick was playing movie producer and might not have given it the attention it should?

just a theory.

pussyluver · 09-05-2010, 03:01 PM

I haven't read all the posts...

I went to my account to withdraw funds. All my funds are on the Visa side. So I enter an amount and receive a notice that I have zero funds in my Wallet and as a courtesy Epass was transferring funds from Visa to My Wallet. No change in the $3.00 fee. I canceled before making the actual test as it would have put the account at zero and I didn't want to do that. The dollars are still there. It is just a matter of getting to them. And for my small amout, I could have moved the funds to my checking account. That doesn't solve all the problems I know, but for some it is a way to get to your funds.

Agent 488 · 09-05-2010, 03:05 PM

my guess is that visa was going to bring itself into voluntary compliance with what the gov wanted, they wanted epass to do it by a certain date and didn't. they prob would rather break off business with epass than lose a working relationship with the gov.

beta-tester · 09-05-2010, 03:05 PM

Quote:

Originally Posted by Agent 488

over the summer there has been a huge push for prepaid card companies to collect the same personal information as a bank does. thus why tons of people got requests for docs in the last month.

and during the same period mallick was playing movie producer and might not have given it the attention it should?

just a theory.

I read about the new proposed amendment right after this whole mess started. It definitely seems to me that this might be one probable reason for getting us to this situation. If that's the reason VISA cut off epass' bank then I think there is definitely a hope for all this to get resolved... Maybe it'll take some time, but after all it's possible to be resolved. ePassporte will have to comply with new legislations and everything will be fine again.

I won't speculate anymore, it makes me more nervous. I'll wait till Tuesday, Wednesday and see what they can say about it.

Agent 488 · 09-05-2010, 03:10 PM

Quote:

Originally Posted by beta-tester

I read about the new proposed amendment right after this whole mess started. It definitely seems to me that this might be one probable reason for getting us to this situation. If that's the reason VISA cut off epass' bank then I think there is definitely a hope for all this to get resolved... Maybe it'll take some time, but after all it's possible to be resolved. ePassporte will have to comply with new legislations and everything will be fine again.

I won't speculate anymore, it makes me more nervous. I'll wait till Tuesday, Wednesday and see what they can say about it.

yes if you read those docs you see there was a huge push to get prepaid card information under the thumb of the doj by .... the last few days.

theking · 09-05-2010, 03:11 PM

Quote:

Originally Posted by Tjeezers

We had no accounts with that bank
Epass has one with it

There is no such thing as Accounts.

The way I understand the setup...you are correct...which would mean that the Epassorte account could be raided...I would think.

directfiesta · 09-05-2010, 03:11 PM

Quote:

Originally Posted by beta-tester

yeah, but the cards are "OURS" (on our name), and money is preloaded on them. Meaning that Mr. Mallick or anyone else either from ePassporte or from the bank, cannot access our funds. That's the point in VISA Prepaid cards... we simply have the money "on the cards", and once the cards are blocked, the money is blocked too....

This scares me a lot, in case that the cards don't get unblocked... Hopefully that won't happen. I really have faith this will be resolved positively!

Sorry to break the news :

" The card is the property of the Bank and must be returned upon request "

That is from the back of the actual card ....

Agent 488 · 09-05-2010, 03:11 PM

so i hope they just get their books in order and back to business. i have no idea though really. epass rocks.

theking · 09-05-2010, 03:14 PM

Quote:

Originally Posted by directfiesta

Sorry to break the news :

" The card is the property of the Bank and must be returned upon request "

That is from the back of the actual card ....

The way I understand it...you are correct...the cards are issued by the bank...and the bank has the contract with Visa...not the Visa Card holder. Additionally it is my understanding that only the Epassorte Visa account is affected.

beta-tester · 09-05-2010, 03:18 PM

Quote:

Originally Posted by directfiesta

Sorry to break the news :

" The card is the property of the Bank and must be returned upon request "

That is from the back of the actual card ....

that's why I used quotes... I know that the actual card belongs to bank, but the funds on it do not!
The point here is that bank can't just decide to use our money...

Dating Port · 09-05-2010, 03:21 PM

Quote:

Originally Posted by Dating Port

In either case, I don't see Visa coming back. They really don't have a reason to.

http://www.fool.com/investing/genera...n-in-paym.aspx

Quote:

The company's recent purchase of online payment provider CyberSource should help it compete with eBay's (Nasdaq: EBAY) PayPal, which handled about 16.5% of U.S. e-commerce transaction last year.

http://www.fool.com/investing/genera...-for-visa.aspx

How's that for a conspiracy theory?

GotGauge · 09-05-2010, 03:22 PM

Quote:

Originally Posted by Dating Port

This also from an old post. Even more disturbing because He said the same thing then as he's saying now.

https://gfy.com/fucking-around-and-business-discussion/932461-epassporte-shut.html

We all know "date x" never came. That thread is almost exactly 11 months old.

Yeah, I spent many days trying to load funds, then was able to with ACH. Guess what my default I guess was the Visa side, so my $$$ is stuck!

Fingers Crossed!

Ron Bennett · 09-05-2010, 03:24 PM

Quote:

Originally Posted by beta-tester

yeah, but the cards are "OURS" (on our name), and money is preloaded on them. Meaning that Mr. Mallick or anyone else either from ePassporte or from the bank, cannot access our funds. That's the point in VISA Prepaid cards... we simply have the money "on the cards", and once the cards are blocked, the money is blocked too....

(edited - deleted out some, since it's redundant based on the recent replies just before mine). VISA itself likely doesn't have much, if any, of the funds in question. Note the name of the issuer shown on the card - it's not VISA, but rather some bank, such as, St. Kitts-Nevis-Anguilla National Bank Ltd.

Tjeezers is spot on ... ePassporte has the bank accounts not individual users.

ePassporte user accounts are not individual bank accounts, but rather much akin to PayPal user accounts. If ePassporte is liquidated, cuts and runs, or whatever ... say bye, bye to the money. Simple as that.

As of now, many are hoping that ePassporte is quickly working on straightening out the accounting / procedural issues, and gets the virtual visa funds over to user's ePass wallets so they can pay others, withdraw, etc.

Ron

beta-tester · 09-05-2010, 03:30 PM

Ron, I completely understand all the situation how the card works and what's bank and what's VISA. My point is that with VISA prepaid cards, the bank issuer of those cards is in connection with VISA and allows users to load their cards w/o the need to have a bank account with it. Once the cards are loaded they are in "VISA's hands" - in terms that, if VISA decides to suspend them, the money is frozen and bank can't do pretty much anything to get them out the card.

That's the situation we're facing here. Our money is on our VISA Virtual/Electron cards. The cards are suspended, hence the money is frozen. Bank did its job, it issued the cards and 'deposited' our money (through epassporte) to our cards. Now the only thing we can pray and hope for to happen is for VISA to release the cards again so we can access the money.

That's pretty much the whole story. And after spending 3 days in straight reading on this subject I'm pretty much sure the information is accurate.

Agent 488 · 09-05-2010, 03:32 PM

from what i understood the money is in an account and gets released when ever money is transferred. you do not have a bank account with that card.

Quote:

Originally Posted by beta-tester

Ron, I completely understand all the situation how the card works and what's bank and what's VISA. My point is that with VISA prepaid cards, the bank issuer of those cards is in connection with VISA and allows users to load their cards w/o the need to have a bank account with it. Once the cards are loaded they are in "VISA's hands" - in terms that, if VISA decides to suspend them, the money is frozen and bank can't do pretty much anything to get them out the card.

That's the situation we're facing here. Our money is on our VISA Virtual/Electron cards. The cards are suspended, hence the money is frozen. Bank did its job, it issued the cards and 'deposited' our money (through epassporte) to our cards. Now the only thing we can pray and hope for to happen is for VISA to release the cards again so we can access the money.

That's pretty much the whole story. And after spending 3 days in straight reading on this subject I'm pretty much sure the information is accurate.

woj · 09-05-2010, 03:33 PM

Quote:

Originally Posted by beta-tester

yeah, but the cards are "OURS" (on our name), and money is preloaded on them. Meaning that Mr. Mallick or anyone else either from ePassporte or from the bank, cannot access our funds. That's the point in VISA Prepaid cards... we simply have the money "on the cards", and once the cards are blocked, the money is blocked too....

This scares me a lot, in case that the cards don't get unblocked... Hopefully that won't happen. I really have faith this will be resolved positively!

the card may be in your name, but epass has access to those funds for sure, how else would they be able to wire you the $$ out of your account?

(I mean not now, but a week ago)

beta-tester · 09-05-2010, 03:35 PM

Quote:

Originally Posted by woj

the card may be in your name, but epass has access to those funds for sure, how else would they be able to wire you the $$ out of your account?

Because you fill the form and authorize them to wire you the money. That's perfectly cool and works in normal circumstances. They simply withdraw the money from our cards and wire it to our bank. If the card is locked up, no money can't be withdrawn from it.

beta-tester · 09-05-2010, 03:37 PM

Quote:

Originally Posted by Agent 488

from what i understood the money is in an account and gets released when ever money is transferred. you do not have a bank account with that card.

that's the whole deal about prepaid cards. You do not need bank account associated with them... You just go to bank deposit the money on the card and bum it's there. In this case, ePassporte deposits the money for us, because we can't do it ourselves physically.

Agent 488 · 09-05-2010, 03:40 PM

https://gfy.com/showpost.php?p=17464554&postcount=877

woj · 09-05-2010, 03:40 PM

Quote:

Originally Posted by beta-tester

Because you fill the form and authorize them to wire you the money. That's perfectly cool and works in normal circumstances. They simply withdraw the money from our cards and wire it to our bank. If the card is locked up, no money can't be withdrawn from it.

but how does anyone know that the cards are actually "locked up"? You can actually go the ATM and check the balance? you can see the balance on the card, but you can't withdraw it?

beta-tester · 09-05-2010, 03:43 PM

Quote:

Originally Posted by woj

but how does anyone know that the cards are actually "locked up"? You can actually go the ATM and check the balance? you can see the balance on the card, but you can't withdraw it?

yes, on the ATM the transaction is simply rejected - meaning VISA doesn't allow it to happen -> the card is blocked!

theking · 09-05-2010, 03:44 PM

Quote:

Originally Posted by woj

but how does anyone know that the cards are actually "locked up"? You can actually go the ATM and check the balance? you can see the balance on the card, but you can't withdraw it?

That would seem to be a strong indicator that the use of the card has been "locked"...now wouldn't it?

Ron Bennett · 09-05-2010, 03:45 PM

VISA suspended access to its network, but how / why would VISA would freeze the money?

Either the money isn't really frozen -or-, as some knowledgeable financial folks have posted in some forums, ePassporte did something very, very bad - if so, the money is likely good as gone.

While most questions have been answered by Michael O., a big one not answered (unless I missed it) is WHY did VISA act when and how it did? VISA usually doesn't act that quick and aggressively unless something is very rotten.

Ron

09-05-2010, 01:29 PM	#1551
seven Confirmed User Join Date: Apr 2002 Location: LaLa Land Posts: 2,697	Is this really gonna be resolved? Not like globill or ibill or the buncha others who got shut down in the past right? Good lord I haven't been using epass very actively so not too much to lose this time. __________________ Toy Rev Rouge Web Design

09-05-2010, 02:03 PM	#1560
nikki99 Supermodel Industry Role: Join Date: Nov 2004 Location: Sodoma & Gomorra Posts: 22,774	good thing about all this epass drama is I had constipation and yesterday night I had diarrea __________________ Nikki Ladyboys Reseller Program SMC Revenue - Best Tgirl websites of the world now VR Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero

09-05-2010, 02:11 PM	#1564
alias aliasx Join Date: Apr 2001 Posts: 19,010	Pretty lame. __________________ https://porncorporation.com

09-05-2010, 02:13 PM	#1566
Tjeezers Webmaster Industry Role: Join Date: Mar 2007 Location: BP4L - NL/RO Posts: 16,526	Everyone should know Epass knew this way before and this forum thread is just to calm down anyone with smoke clouds. Consider your money lost! They had warnings on 28 Jun, and epass thought " Mhh lets see how this works out " Sorry for everyone, but your better off finding alternatives and cutting down your loses. __________________ Enroll in the SWAG Affiliate Asian Live Cam Program and get 9 free quality linkbacks from my network! Visit my Link Trade Network and let's succeed together. FREE Traffic for your website!

09-05-2010, 02:38 PM	#1572
beta-tester Rock 'n Roll Baby! Join Date: Sep 2004 Location: USA, temporarly Posts: 22,562	Dating Port - you might be right with what you said, but money can't be blocked just like that. VISA can either release the money and cut down the business with epass and their bank entirely, or just reactivate the again... The money simply can't be lost just like that... __________________ Sig for sale. Affordable prices. Contact me and get a great deal ;) My contact: ICQ: 944-320-46 e-mail: manca {AT} HotFreeSex4All.com

09-05-2010, 01:49 PM	#1557
TzarJorge Confirmed User Industry Role: Join Date: Jun 2003 Location: Far far away. Posts: 657	Even tho 50 bucks for a wire transfer is not much, why users should pay for it, when they already paid for their visa card? Epassporte should cover the wire transfer cost, or at least give it at the actual cost, which is not $50. Visa is not owner of our money but of their cards, does not make any sense we can't get our money by transfer or crediting our personal cards. Epassporte is dead, even if they recover their visa program or get another, i just can't trust them anymore. I love ccbill so much, on time, everytime, no excuses, no problems just solutions.

09-05-2010, 01:58 PM	#1558
rednet Registered User Join Date: Aug 2004 Posts: 82	i think if epass will solve problems and make money available then most people will contunie using it as a company passed a stress test

09-05-2010, 02:17 PM	#1568
cam_girls So Fucking Banned Industry Role: Join Date: Apr 2009 Posts: 2,968	Not sure if this angle has been mentioned, but if say 10% of ePassporte total funds are in Wallet, then paying out the wallet could be to look like they are 'doing what they can / still in business' while the VISA funds are taken. (to pay for Middle Men!)

09-05-2010, 02:47 PM	#1575
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	http://en.wikipedia.org/wiki/Prepaid...ney_Laundering The Financial Crimes Enforcement Network, a bureau of the US Department of the Treasury, has published a notice of proposed rulemaking on stored-value cards in the June 28, 2010 edition of The Federal Register. The proposed rules would require sellers of prepaid cards to register with the government and keep records on transactions and customers http://edocket.access.gpo.gov/2010/pdf/2010-15194.pdf

09-05-2010, 02:49 PM	#1576
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	http://www.bankinfosecurity.com/arti...hp?art_id=2683 The proposed changes were submitted to be published in the Federal Register on June 22. Once a 30-day comment period passes, FinCEN will consider the submitted comments and possibly amend the rules. . Last edited by Agent 488; 09-05-2010 at 02:50 PM..

09-05-2010, 02:54 PM	#1577
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	PREPARED REMARKS OF JAMES H. FREIS, JR. DIRECTOR, FINANCIAL CRIMES ENFORCEMENT NETWORK U.S. DEPARTMENT OF THE TREASURY DELIVERED AT THE MONEY TRANSMITTER REGULATORS ASSOCIATION 2010 ANNUAL MEETING AND EXAMINERS’ SCHOOL OLYMPIC VILLAGE, CA SEPTEMBER 1, 2010 http://www.fincen.gov/news_room/spee.../20100901.html http://www.fincen.gov/news_room/rp/f...xam_Manual.pdf

09-05-2010, 02:56 PM	#1578
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	over the summer there has been a huge push for prepaid card companies to collect the same personal information as a bank does. thus why tons of people got requests for docs in the last month. and during the same period mallick was playing movie producer and might not have given it the attention it should? just a theory. Last edited by Agent 488; 09-05-2010 at 02:58 PM..

09-05-2010, 03:01 PM	#1579
pussyluver Clueless OleMan Join Date: Mar 2003 Location: ICQ - 169903487 Posts: 11,009	I haven't read all the posts... I went to my account to withdraw funds. All my funds are on the Visa side. So I enter an amount and receive a notice that I have zero funds in my Wallet and as a courtesy Epass was transferring funds from Visa to My Wallet. No change in the $3.00 fee. I canceled before making the actual test as it would have put the account at zero and I didn't want to do that. The dollars are still there. It is just a matter of getting to them. And for my small amout, I could have moved the funds to my checking account. That doesn't solve all the problems I know, but for some it is a way to get to your funds.

09-05-2010, 03:05 PM	#1580
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	my guess is that visa was going to bring itself into voluntary compliance with what the gov wanted, they wanted epass to do it by a certain date and didn't. they prob would rather break off business with epass than lose a working relationship with the gov.

09-05-2010, 03:11 PM	#1585
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	so i hope they just get their books in order and back to business. i have no idea though really. epass rocks.

09-05-2010, 03:30 PM	#1591
beta-tester Rock 'n Roll Baby! Join Date: Sep 2004 Location: USA, temporarly Posts: 22,562	Ron, I completely understand all the situation how the card works and what's bank and what's VISA. My point is that with VISA prepaid cards, the bank issuer of those cards is in connection with VISA and allows users to load their cards w/o the need to have a bank account with it. Once the cards are loaded they are in "VISA's hands" - in terms that, if VISA decides to suspend them, the money is frozen and bank can't do pretty much anything to get them out the card. That's the situation we're facing here. Our money is on our VISA Virtual/Electron cards. The cards are suspended, hence the money is frozen. Bank did its job, it issued the cards and 'deposited' our money (through epassporte) to our cards. Now the only thing we can pray and hope for to happen is for VISA to release the cards again so we can access the money. That's pretty much the whole story. And after spending 3 days in straight reading on this subject I'm pretty much sure the information is accurate. __________________ Sig for sale. Affordable prices. Contact me and get a great deal ;) My contact: ICQ: 944-320-46 e-mail: manca {AT} HotFreeSex4All.com

09-05-2010, 03:40 PM	#1596
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	https://gfy.com/showpost.php?p=17464554&postcount=877

09-05-2010, 03:45 PM	#1600
Ron Bennett Confirmed User Join Date: Oct 2003 Posts: 1,653	VISA suspended access to its network, but how / why would VISA would freeze the money? Either the money isn't really frozen -or-, as some knowledgeable financial folks have posted in some forums, ePassporte did something very, very bad - if so, the money is likely good as gone. While most questions have been answered by Michael O., a big one not answered (unless I missed it) is WHY did VISA act when and how it did? VISA usually doesn't act that quick and aggressively unless something is very rotten. Ron __________________ Domagon - Website Management and Domain Name Sales