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Wow...I was on when this thread started just a few days ago and now it's up to 2,000! Here's to hoping everyone with funds frozen eventually get them from epass!
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#2001 epass
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I am surprised nobody else posted this
Update, Sept. 7, 1:07 p.m. ET: Visa just issued the following statement: “At the request of St. Kitts-Nevis-Anguilla National Bank (SKNA), on September 2, 2010, Visa blocked network access for prepaid cards issued by SKNA and operated by ePassporte.com to address certain program deficiencies. ePassporte.com is a third-party agent that works with SKNA. “It is important to note that impacted SKNA prepaid cardholders are still able to access their funds through SKNA or SKNA’s agent, ePassporte.com. For more information cardholders should contact SKNA or ePassporte.com. “Visa is committed to maintaining the integrity of its global payment network and routinely conducts due diligence to ensure Visa prepaid programs adhere to the company’s stringent program requirements and controls.” Source is the Krebs security blog, but I cannot post urls because I have less than 30 posts, check his blog yourself!! |
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if I understand it correctly, it says the funds on visa card should be available through epassporte
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At the request of St. Kitts-Nevis-Anguilla National Bank (SKNA), on September 2, 2010, Visa blocked network access for prepaid cards
!!! if St Kitts bank requested this then they have a "problem" with epassporte. This means that funds stored there could be in danger ! |
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shitstorm just hit a whole new level, beautiful
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Other (US) banks have a beef with epassporte and won't do transfers to it. Now epassporte's own bank has a beef with it. LOL. Therefore epasporte is looking for a new bank this year? Again?
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?At the request of St. Kitts-Nevis-Anguilla National Bank (SKNA), on September 2, 2010, Visa blocked network access for prepaid cards issued by SKNA and operated by ePassporte.com to address certain program deficiencies. ePassporte.com is a third-party agent that works with SKNA. ?It is important to note that impacted SKNA prepaid cardholders are still able to access their funds through SKNA or SKNA?s agent, ePassporte.com. For more information cardholders should contact SKNA or ePassporte.com." Which is true to a certain extent, many wires requested Thursday ARE landing in bank accounts today. So people can "access their funds", just not all people, and not on their cards. The update is as vague as epass's statement was. It says VISA blocked Epass Cards at the request of SKNB. Blocked, meaning cant be touched, no money transfer etc. |
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▲ ▲ Triforce for good luck. |
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http://img687.imageshack.us/img687/1...ffspicolli.jpg |
it was St Kitts Bank request to cut off Visa so this means DEEP SHIT
because if epassporte have a problem with bank then funds stored on bank account could be cut off too. and this would mean return of ZERO $ |
Deep shit alert
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Grow up man. |
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If MO is just a rep for epassporte...it is time for the CEO of the company to come up with an explanation. The skies are beginning to grow darker. |
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http://www.filmschoolrejects.com/ima...men-header.jpg judging by your tone...obviously not:Oh crap see sig ---v |
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Looks to me like epass is holding on to our $$ at this time.. |
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GIVE ME MAH :2 cents:
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go epass goooooooooooo
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I hardly doubt that any bank would require to ask VISA to stop their own cards. Banks can just block your account without any warning and fuck you any way they wish. They don't need VISA for that. This is what might actually happen, though, since the money on cards are not accessible.
And Kerbs is a douchebag by the way. |
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this is like setting off a firecracker in pen full of donkeys. some get mad and kick, some get scared and shit themselves, some freak out and jump the fence. while the older wiser donkeys sit on their asses and watch the excitement.
all I have to say is... HEE HAW!!! |
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The first paragraph states that SKNA (Bank) requested that Visa block network access for ePassporte cards to address "program deficiencies". Yet, in the last paragraph, you have a statement about Visa conducting due diligence to ensure that programs adhere to "stringent program requirements and controls." I read this to mean that Visa conducted an audit, found deficiencies and gave SKNA the option of shutting the program down or facing some form of censure (fines, loss of charter, etc.). Therefore SKNA "requested" that Visa block network access. In the central paragraph, again attempting to translate Visa's corporate-ese, it appears that they are divesting themselves of responsibility further by saying "We don't have the money, it's all in the control of SKNA and/or ePassporte." This really doesn't answer the central question of how and when the funds that were moved to VVs will be released back to the wallets. It depends greatly on what the 'program deficiencies' were and what (if any) regulatory issues the Bank and/or ePassporte are facing. If ePassporte was storing the wallet funds in accounts at SKNA and is currently releasing them, it seems likely that SKNA will not hold the funds on the VVs for very long either. If, on the other hand, the walleted funds were being stored at a separate financial institution and a "daily sweep" to SKNA for requested VV funds was being pushed by ePassporte to SKNA the wallet funds may be available but funds already pushed to SKNA for VVs may continue to be effected by the program closure. I'm curious if anyone has noted what bank was used to initiate wallet payment either via wire or ach? |
epass is in some hot fucking water...
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Anyone heard from anyone from Epassporte... we see activity online but not much is said to us, the customers?
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They are saying they are in negotiations with epass and they are expecting to hear something this afternoon (what that something is, who knows). They are being evasive, won't give names, will hang up on you and won't confirm the validity of the Visa statement. |
at least there is some news today...
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big news will break tonight
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damn, doesnt sound too good |
yay page 42
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