ePassporte Official Statment - Page 19 - GoFuckYourself.com

wyldblyss · 09-03-2010, 09:53 AM

Quote:

Originally Posted by Fatbat

Seriously? Your entire financial well being is tied up in a single pay as you go credit card? You load every cent from your epassporte account, your entire earnings, onto that Visa card and just leave it there?

Given that a good number of people here are bemoaning the previous track record of other payment service providers and claiming epassorte is "done", "going bankrupt", and that "you'll never see your money again" why would you put yourself in such a risky situation if you think that way? Why put all your eggs in one virtual money basket?

LoL, what if you just LOST the card? What if someone cloned it and emptied your account? What if...?

You need to look after yourselves better.

In the meantime for money not tied up in this pay as you go credit card there are other options for accessing your funds.

Your reading comprehension needs a little work. Where did I say "ME"? I have not messaged Michael, I have not contacted epass. I lost $1K in this and I'm just moving on, the same as I did with Chio. I honestly don't believe anyone is going to get their money back. If you read all the pages of this thread, you would see a lot of people talking about their inability to pay their bills. They are speaking about using epass for everything. (eg: the adopted guy with no bank account etc.). There are a lot of people from other countries who use epass exclusively for being paid (designers, grunt workers etc.) All of those people are affected.

I am pretty sure that you are a reasonably intelligent individual and are perfectly capable of understanding that while you may not agree with some people using it exclusively, that does not mean they deserved this. The money they have in epass is THEIR money, and they have every right to be upset about it and every right to demand answers.

This is certainly not the time to pick on some of the people in this thread and take the 'I'm better than you because I knew better, and I have more options, and I'm smarter" attitude. Hindsight is 20/20, especially when epass is the ONLY option for some. In this industry, like all industries there are people with a lot of money, people with a moderate amount of money and some people barely making it. We should applaud them for at least trying to earn money, using the resources available to them and trying their best rather than sitting on their asses and having someone else support them.

I don't believe in kicking people when they are down but apparently from your post you do. You appear to enjoy taking opportunities like this to point out that you are smarter and wiser and better off than others. That isn't my style. I guess my mom raised me differently. I spoke out because I felt that Micheal needed to remember that for some people this situation is having an enormous impact on their lives and because of this, he shouldn't be "too busy" for them. It is called empathy...maybe you should try it sometime.

SlammedMedia · 09-03-2010, 09:53 AM

Quote:

Originally Posted by Slick

Michael is on a different time zone than us, it's like 12:44am there now, so he's probably sleeping or tossing and turning from all the stress, ha ha.

i have no idea how that's funny.

Cyandin · 09-03-2010, 09:54 AM

wow......what a clusterfuck. I sure hope we get out money back somehow.

pornstar2fag · 09-03-2010, 10:01 AM

Quote:

Originally Posted by PersianKitty

I have a Pacer account.

Esquire... please post or do they charge per lookup?

Jman · 09-03-2010, 10:02 AM

Serious questions, how many visa debit card as epassporte issued that are currently active cards?

100's of k's?

xmas13 · 09-03-2010, 10:02 AM

Accept Christ as your savior, before it's too late!

catalin · 09-03-2010, 10:04 AM

So did anyone manage to withdraw money using the still available methods since the announcement ?

notime · 09-03-2010, 10:06 AM

Quote:

Originally Posted by DateDoc

It is probably because the receiver has it set to land in the Virtual Visa and that cannot go through.

Thanks Doc.
Your reply makes sense, i'll ask the receiver to change the settings then.

pornstar2fag · 09-03-2010, 10:08 AM

Quote:

Originally Posted by nettrust

no need to bother with this question: all virtual visa funds are located within St. Kitts Nevis Anguilla National Bank (just check out the back of your epassporte visa electron card).

thanks for that info. I was going to look but forgot I took a huge shit on the card and flushed it last night.

2012 · 09-03-2010, 10:09 AM

nikad · 09-03-2010, 10:10 AM

If you have your money in the e wallet, is it possible to withdraw to US checking account?. It has already said that it is not possible to withdraw from Visa virtual account, but what are the options when your $ is into the wallet? Are they the same in the US, EU and other countries? I think it would save a lot of messages if these options were explained and maybe sticky (?)

wyldblyss · 09-03-2010, 10:11 AM

Quote:

Originally Posted by Michael O

I removed it here to be able to do email/boards and IM at the same time, I still have ICQ open but I want to be able to answer anyone that contacts me and follow the boards.

I have been working for 18 hours straight with 2x45 minutes breaks half the time in the hospital with my sick girl on a total of 15 hours sleep the last 84 hours SO DON'T YOU DARE QUESTION MY COMMITMENT.
Yes this is my job, yes we have to make statements on whats going on because its in everyones interest because we will continue as a business and for that reason there are things we can not disclose.
There have been serious ups and downs in the 5 years I have been with ePassporte and both my superiors and colleagues have always been more than honest with me.

I am done with you on this board questions email me.

1. I never asked a question so there is no need to email you.
2. I never questioned your commitment, I did question your judgement on removing your banner.
3. You need a nap, apparently you get cranky when you don't get much sleep
4. I hope your girlfriend recovers soon.

kristin · 09-03-2010, 10:16 AM

Quote:

Originally Posted by nikad

If you have your money in the e wallet, is it possible to withdraw to US checking account?. It has already said that it is not possible to withdraw from Visa virtual account, but what are the options when your $ is into the wallet? Are they the same in the US, EU and other countries? I think it would save a lot of messages if these options were explained and maybe sticky (?)

Yes, it's been answered several times, you can withdraw the money from your wallet via wire, etc.

RP Fade · 09-03-2010, 10:17 AM

As Sean said we've been changing affiliate payout methods. Any NScash.com affiliates can use our ticketing support system and we'll change it promptly.

Caligari · 09-03-2010, 10:17 AM

Quote:

Originally Posted by AdultEUhost

If the St Kitts national bank indeed lost their visa account that would mean that they are not allowed to issue new Visa cards or offer customers the functionality to withdraw money through visa cards. This has nothing to do with the funds though as the funds are most likely still in the bank, it is just that the option to withdraw through visa is suspended. Such actions are often communicated well in advance with several warnings, in case Visa has the impression St Kitts National Bank has other, probably legal, issues that might a good reason too.

that does sound reasonable. i think we can still look for a positive outcome from this, it might take a little time though.

Denny · 09-03-2010, 10:18 AM

Quote:

Originally Posted by nikad

If you have your money in the e wallet, is it possible to withdraw to US checking account?. It has already said that it is not possible to withdraw from Visa virtual account, but what are the options when your $ is into the wallet? Are they the same in the US, EU and other countries? I think it would save a lot of messages if these options were explained and maybe sticky (?)

yes, just read!

xmas13 · 09-03-2010, 10:19 AM

cambaby · 09-03-2010, 10:21 AM

Quote:

Originally Posted by xmas13

So catchy

One day someone is gonna be an accidental super star due to something like this.

Coup · 09-03-2010, 10:23 AM

so long epass. it was nice never doing business with you

SiMpLe · 09-03-2010, 10:24 AM

I belong to a financial community board and this is what is being said in regards to this.
--------------------------------

The reason for this move from Visa is most likely because of the new rules enforced by Treasury Department's Financial Crimes Enforcement Network (FinCEN).

New rules has come in place regarding debit pre paid cards, gift cards and reloadable top up cards. The rules, which were mandated by the Credit CARD Act of 2009, require more data collection and reporting from businesses, and some experts say they could make prepaid card buying a challenge for some consumers.

Starting June 28, the public will have 30 days to comment on the rules, which require nonbank prepaid card providers to:

Quote:

File suspicious activity reports (SARs) with the government on suspicious activity of more than $2,000. Suspicious Activities Reports are Treasury Department forms already required of banks, casinos, poker rooms, securities and futures firms and others in the money services business. More than 5.6 million have been filed since they were first mandated in 1996 (see chart). The proposed rule would add nonbank card providers to the ranks of those required to file forms with the government when their suspicions are aroused.
Collect customer information anytime a card is reloaded at someplace other than a bank.
Maintain transaction information.

The rule focuses on the following:

Quote:

Don't have the value clearly labeled on them.
Are reloadable at places other than banks.
Can have a maximum lifetime value of more than $1,000, including reloads.
Can be used anywhere -- especially if they can be used internationally.
Can have the value transferred to another card.
Are purchased in large amounts or seem otherwise suspicious.

Basically this is another terrorists anti-money laundry mumbo jumbo, but for now Epassporte is going to stay closed unless they will be able to comply with the new regulatations that came into force just a bit more than 30 days ago.

--------------------

Epassporte functionality that some may not know of:

All money that are kept in Epassporte are NOT, Visa. The two has nothing to do with each other. The gimmicks with Virtual Visa etc. has nothing to do with Visa. All money are at all times kept in the very same bank that Epassporte works together with.

All money are kept in the bank, which Epassporte uses as their intermedia for Visa as they do not directly hold any Visa license.

Epassporte holds an Deposit-taking business license on St. Kitts.

Since the bank that works together with Visa has lost their license, which in turn is due to the new regulations, Epassporte cannot issue new cards before they:

A) Find a new bank

B) Get a direct license from Visa, which they wont as Visa only works directly together with Banks

SexoboliC · 09-03-2010, 10:26 AM

don't know the difference but found this post on the net:

"After a few phone calls.... It is my understanding that the problem is NOT with the ST Kitts bank....Visa has suspended only Epass pre-paid Visa accounts. (Virtual Visa etc)

They have not suspended the other VISA accounts at the ST Kitts bank

The concerns are as addressed by many prior posters. AML laws, who owns the underlying cards etc etc...."

AdultEUhost · 09-03-2010, 10:30 AM

Quote:

Originally Posted by Michael O

I think best post in this entire thread is 877

thanks !

SiMpLe · 09-03-2010, 10:30 AM

Another quote - - -

There is clearly no doubt that Epassporte falls under the prepaid/gift card rules as they issue cards without being able to perform sufficient due diligence. Since Epassporte can be used by anyone in the world without anyone being checked, Epassporte will probably see the end of its operations for a long time to come.

slayer69 · 09-03-2010, 10:30 AM

good night nurse.

myjah · 09-03-2010, 10:32 AM

Quote:

Originally Posted by SexoboliC

don't know the difference but found this post on the net:

"After a few phone calls.... It is my understanding that the problem is NOT with the ST Kitts bank....Visa has suspended only Epass pre-paid Visa accounts. (Virtual Visa etc)

They have not suspended the other VISA accounts at the ST Kitts bank

The concerns are as addressed by many prior posters. AML laws, who owns the underlying cards etc etc...."

link please

raymor · 09-03-2010, 10:32 AM

Quote:

Originally Posted by Michael O

I am very interested in this undisclosed fees can you please email it to me and we will look into it, we do not hide any fees deliberately so if we have made a mistake please let us know.

Thanks
[email protected]

These are the fees that are disclosed on your page:

Visa Physical/Plastic Card Account Fees
Visa Physical/Plastic Card Account Creation Fee: US$35.00
Visa Physical/Plastic Card Account Annual Renewal Fee : US$35.00
(Applied once every year after the account creation date)
ATM WIthdrawal Via Physical/Plastic Card: US$3.00

So as far as recurring fees, it lists one fee, the $35 / year renewal.

Instead, this is what you actually charge:

> > 03 May 2009 Electron Card Annual Fee $-35.00 $0.00
> >
> >
> > 01 Feb 2010 Electron Card Renewal raymor $-35.00 $0.00
> >
> > 01 Feb 2010 Electron Card Renewal raymor $-35.00 $0.00
> >
> > 12 Jan 2010 Electron Card Annual Fee $-35.00 $0.00

That's four fees for two cards, twice what's listed on your
"fees" page. Most of my messages sent via the support center were
pretty much ignored, people saying "we'll get back to you". On the
phone, Sunil eventually clearly admitted that ePassporte is charging
"undisclosed fees", but he refused to refund those fees. I may still
have the recording of that conversation (and admission) archived somewhere.
I advised Sunil that I had spoken to Patricia Reid-Waugh, Commissioner,
St. Kitts-Nevis Financial Services Commission, and she said she would
look into it. It appears that she or Visa has in fact looked into it
and found that, as ePassporte has admitted, they have been stealing
their customers' money. I told you guys the choice was simple - refund
the bogues "fee", or lose your processing. Seemed like an easy decision
to me.

pornstar2fag · 09-03-2010, 10:33 AM

Bye-bye epassporte. You guys fucked up good and the blame is on you and only you. Fuck all your bullshit responses... do your homework before you guys go into Ch 11 though.. you wouldn't want to fuck yourselves again. Oh wait.. probably is no such protection over there.

F U C K Y O U

rhizome · 09-03-2010, 10:34 AM

I came here thinking it was a contest thread and all I got was a lousy statement from epassporte.

oil · 09-03-2010, 10:35 AM

Quote:

Originally Posted by holograph

Michael, since VV has been suspended, does it mean all incoming money will go now into Wallet by default for those whos been accepting it in VV previously?

YES, epass changed this already for all users cause its set like that for me, and it wasnt like that before, and i havent contacted michael yet

SexoboliC · 09-03-2010, 10:36 AM

Quote:

Originally Posted by myjah

link please

http://www.italkcash.com/forum/e-cur...l-users-2.html

Shankz · 09-03-2010, 10:37 AM

Did ePass not have a contract with Visa? It seems very strange that they had no warning on something this drastic. Surely whenever Visa agreed to the ePass cards everything had to be in writing. And even if the law changes and Visa has to cut them off, surely they would have to have their legal dept. work out the contractal issues before just cutting things off.

DavieVegas · 09-03-2010, 10:38 AM

Quote:

Originally Posted by arock10

"ePassporte also highly recommends that you keep the majority of your funds on your ePassporte Wallet instead of your Visa Virtual Account. The ePassporte Wallet enables you to keep funds separate from your Visa Virtual Account and Visa Electron Card until you transfer the funds from the ePassporte Wallet to the Visa Virtual Account for use. By keeping your funds on the ePassporte Wallet, you ensure that your funds are protected in the event your Visa Virtual Account or Visa Electron Card is ever lost, stolen, or compromised through a stolen database, a merchant, or an ATM.

To initiate the transfer to your ePassporte Wallet, go to "My Account," select the "Transfer Money" option from the navigation bar, and click the "Wallet To/From Visa Virtual" button."

So I left all mine in virtual visa, cause you guys left out By keeping your funds on the ePassporte Wallet, you ensure that your funds are protected in the event your Visa Virtual Account or Visa Electron Card is ever lost, stolen, or compromised through a stolen database, a merchant, or an ATM OR VISA SHUTS US DOWN AND FREEZES ALL YOUR MONEY. If I had known that then maybe I would've used the wallet

No shitman...My statement earlier is the same. These fucking people have 100 ways to fuck you..

halfpint · 09-03-2010, 10:39 AM

Quote:

Originally Posted by kristin

It's mainly Europeans receiving the wire. Some banks hold them for up to 3 months until they release it.

yeah tell me about it , had a check which I recieve reguraly without any hassle then a couple of weeks ago the bank inform me that they have to send it back to the US for verification or some bullshit like that. This is Barcklys bank too which is an international bank Still have not got my money and now this with epass lol

opflix · 09-03-2010, 10:42 AM

Quote:

Originally Posted by AdultEUhost

After finding out I did some research on the issue and wanted to share my thoughts as it probably answers some questions.

First of all I think we should cut Michael some slack, he is clearly the messenger here and if it wasn't for him we would be completely in the dark. I am 100% sure he is trying to do whatever lies within his power. It is so easy for a company going down the shitter to just not communicate anymore and leave everything behind (well in most cases except the funds then).

I don't know the setup and structure of epassporte in detail but i do know a lot about offshore constructions and credit cards. Working with offshore companies and trust companies in between does not make it easier to get such a setup.

Visa debit cards are issued by Visa through financial institutions, mostly banks. These cards are linked to a corporate account which needs to be funded equally or more of the combined balances on the cards. So if you have 100 cards out there with a combined balance of let's say 50k, the bank who issued those cards has a bank account somewhere with a balance of 50k.

The problem with the wallet and visa "accounts" is that money in the wallet is accounted for on the bank account of epassporte self. Therefore epassporte should have no problem paying out those funds.

Your balance on the visa card is different, an equal amount of funds is located on a bank account at the St. Kitts National Bank linked to the big corporate visa account. At this moment this bank account is probably seized or suspended.

The problem is not caused by epassporte itsself, it is created by the fact St Kitts National Bank has either lost their Visa contract or has to deal with another sort of problem: funds being seized because of legal issues.

If the St Kitts national bank indeed lost their visa account that would mean that they are not allowed to issue new Visa cards or offer customers the functionality to withdraw money through visa cards. This has nothing to do with the funds though as the funds are most likely still in the bank, it is just that the option to withdraw through visa is suspended. Such actions are often communicated well in advance with several warnings, in case Visa has the impression St Kitts National Bank has other, probably legal, issues that might a good reason too.

The other option is that St Kitts National Bank seized all their accounts preventing a bank run for example. I find that unlikely. St. Kitts National Bank is part of the ECIC Holdings Ltd which a consortium of 10 banks in the area which recently were in the news for rescuing the TCI Bank which went into forced liquidation. Again your funds should still be with the bank then, the only problem is then that nobody including Visa or epassporte is able to access, in which case Visa has a good reason to suspend the withdrawal. In this case epassporte will probably try to regain access to the funds and find a new Visa issuing bank to continue operations.

The St. Kitts National Bank (or fully: St Kitts-Nevis-Anguilla National Bank Ltd) falls under the Eastern Carribean Central Bank. I couldn't find the warranties and insurances the central bank issues yet but i am pretty sure you can't compare it to western standards.

So in my opinion you can't really blame epassporte at this moment, maybe only for the fact they relied solely on the St Kitts National Bank.

Bitchting at the situation or persons is useless at this moment, the only thing you can do here it withdraw funds on your wallet and be patient till further useful information is released from epassporte (or a newspaper in case you read that the St Kitts National Bank went under supervision or filed bankruptcy which let's hope won't happen)

Please note that I am not affiliated with epassporte in any way, I am just posting my thoughts

More reads:
[1] http://www.highbeam.com/doc/1A1-D9DTKCK80.html
[2] http://www.eccb-centralbank.org/About/index.asp
[3] http://www.ecseonline.com/issuer_pro...ional_bank.php
[4] http://www.ecseonline.com/issuer_pro...Rpt31Mar10.pdf (unaudited quarterly report for Q1 2010 of St. Kitts National Bank)
[5] http://www.thedominican.net/2010/08/...-tci-bank.html

thanks... as long as the funds aren't in visa's hands, there's a chance of getting at them. excellent post

CPimp · 09-03-2010, 10:43 AM

http://www.thestkittsnevisobserver.c...k-robbery.html

This is why!

woj · 09-03-2010, 10:44 AM

Quote:

Originally Posted by raymor

These are the fees that are disclosed on your page:

Visa Physical/Plastic Card Account Fees
Visa Physical/Plastic Card Account Creation Fee: US$35.00
Visa Physical/Plastic Card Account Annual Renewal Fee : US$35.00
(Applied once every year after the account creation date)
ATM WIthdrawal Via Physical/Plastic Card: US$3.00

So as far as recurring fees, it lists one fee, the $35 / year renewal.

Instead, this is what you actually charge:

> > 03 May 2009 Electron Card Annual Fee $-35.00 $0.00
> >
> >
> > 01 Feb 2010 Electron Card Renewal raymor $-35.00 $0.00
> >
> > 01 Feb 2010 Electron Card Renewal raymor $-35.00 $0.00
> >
> > 12 Jan 2010 Electron Card Annual Fee $-35.00 $0.00

That's four fees for two cards, twice what's listed on your
"fees" page. Most of my messages sent via the support center were
pretty much ignored, people saying "we'll get back to you". On the
phone, Sunil eventually clearly admitted that ePassporte is charging
"undisclosed fees", but he refused to refund those fees. I may still
have the recording of that conversation (and admission) archived somewhere.
I advised Sunil that I had spoken to Patricia Reid-Waugh, Commissioner,
St. Kitts-Nevis Financial Services Commission, and she said she would
look into it. It appears that she or Visa has in fact looked into it
and found that, as ePassporte has admitted, they have been stealing
their customers' money. I told you guys the choice was simple - refund
the bogues "fee", or lose your processing. Seemed like an easy decision
to me.

look!, it's all his fault!!

I'm just messing with you, but come on, what were you thinking even suggesting that you may have something to do with all this drama....

kazbalah · 09-03-2010, 10:53 AM

LOL poor michael - i hope you get paid real well from epassporte for taking all this shit from everyone :P

PersianKitty · 09-03-2010, 10:53 AM

----bookmarking my place... off the make my brunch frittata...

RKLover · 09-03-2010, 10:54 AM

Quote:

Originally Posted by tube2k

http://www.thestkittsnevisobserver.c...k-robbery.html

This is why!

I would have to say "Not very likely". Bank robberies hardly ever yield a large loss.

Tellers are trained not to keep any more than $2,000 in their cash drawer.

Vaults are on time locks and rarely contain more capital than the branch requires to operate for the day.

If a customer wants to make a large withdrawal, they usually need to arrange that 2 days in advance.

So, probably no large loss from an in and out bank heist.

Jdoughs · 09-03-2010, 10:55 AM

Raymor, you never go full on retard.

Ethersync · 09-03-2010, 10:56 AM

Quote:

Originally Posted by tube2k

http://www.thestkittsnevisobserver.c...k-robbery.html

This is why!

That is a photo of their bank? Ha!

DavieVegas · 09-03-2010, 10:57 AM

Quote:

Originally Posted by AdultEUhost

by the way, two days ago I received this notice:

Dear Account Holder,

In an effort to comply with Visa's new ATM limit requirements, Please be advised your Visa Electron Card ATM withdrawal limits have been changed to $1020 USD per day and a maximum of 10 transactions per day. The maximum amount you may withdraw within a 24 hour period is $1020 USD. We apologize for the inconvenience and short notice. Should you have additional questions or concerns, please send a message to Account Holder Services via the message center.

Did anyone else got that? I used to have a $3500 limit on my personal account and no limit at all on my epass business visa

Nope...Was a set up..Everyone is fucked..i lost over 5k now and bills are due and me buying traffic is due..fucked...

CPimp · 09-03-2010, 10:59 AM

Quote:

Originally Posted by RKLover

I would have to say "Not very likely". Bank robberies hardly ever yield a large loss.

Tellers are trained not to keep any more than $2,000 in their cash drawer.

Vaults are on time locks and rarely contain more capital than the branch requires to operate for the day.

If a customer wants to make a large withdrawal, they usually need to arrange that 2 days in advance.

So, probably no large loss from an in and out bank heist.

Just joking.

SallyRand · 09-03-2010, 11:01 AM

Found this take on the matter at Italkcash, which is scary as Hell:

"I would say Epassporte has a huge problem now.

If it shows that Visa shut down their bank due to Epassporte, then Epassporte will most likely never be able to conduct any business with Visa. It all basically depends on how "toxic" Epassporte is in Visa's eyes.

They could go to Mastercard, but thats more or less the same thing as those two companies are sharing each others mothers too.

If Epassporte is not toxic and they only lost their bank, they still will face trouble.

A) Either they find a new bank on the very same Island under the same license/legislation

or

B) They start over on another Island, which means re-applying for a license to conduct e-money business online. This cannot be done within 3 months even on a small Island.

B1) Then contact a bank to start issuing cards, which will take months to work out

C) They apply to become a full bank
C1) Then they have to apply directly to Visa for a Visa license
C2) Or they would have to go to a wholesale BIN Visa/Mastercard bank

No matter the route Epassporte will be shut down for the next 3 months most likely. And if they are toxic, then none of the above will work. Visa will simply prevent any bank from working with Epassporte."

Hoping the best for all you ePass users!

Sally.

Agent 488 · 09-03-2010, 11:01 AM

Quote:

Originally Posted by raymor

These are the fees that are disclosed on your page:

Visa Physical/Plastic Card Account Fees
Visa Physical/Plastic Card Account Creation Fee: US$35.00
Visa Physical/Plastic Card Account Annual Renewal Fee : US$35.00
(Applied once every year after the account creation date)
ATM WIthdrawal Via Physical/Plastic Card: US$3.00

So as far as recurring fees, it lists one fee, the $35 / year renewal.

Instead, this is what you actually charge:

> > 03 May 2009 Electron Card Annual Fee $-35.00 $0.00
> >
> >
> > 01 Feb 2010 Electron Card Renewal raymor $-35.00 $0.00
> >
> > 01 Feb 2010 Electron Card Renewal raymor $-35.00 $0.00
> >
> > 12 Jan 2010 Electron Card Annual Fee $-35.00 $0.00

That's four fees for two cards, twice what's listed on your
"fees" page. Most of my messages sent via the support center were
pretty much ignored, people saying "we'll get back to you". On the
phone, Sunil eventually clearly admitted that ePassporte is charging
"undisclosed fees", but he refused to refund those fees. I may still
have the recording of that conversation (and admission) archived somewhere.
I advised Sunil that I had spoken to Patricia Reid-Waugh, Commissioner,
St. Kitts-Nevis Financial Services Commission, and she said she would
look into it. It appears that she or Visa has in fact looked into it
and found that, as ePassporte has admitted, they have been stealing
their customers' money. I told you guys the choice was simple - refund
the bogues "fee", or lose your processing. Seemed like an easy decision
to me.

thanks for fucking up my biz over a fucking fee asshole.

raymor · 09-03-2010, 11:02 AM

Quote:

Originally Posted by Jdoughs

Raymor, you never go full on retard.

Eight warnings over six months from us, and only they know how many other complaints.
Over and over they were told "you are stealing from all of your customers. You need to stop."
"You need to stop stealing from your customers, or someone will make you stop."
"People have the name and phone number of the regulator who can make you stop, does
someone really have to call her?" "People are going to complain to Visa if you don't refund
what you've stolen." We gave them every opportunity, months and months, to take care of it,
or hell at least make an excuse or something. How long do you go on with them saying
"yeah, we're stealing from everyone and we're going to keep doing it and fuck you all"?
Somebody was eventually going to bust their balls if they just wouldn't stop stealing from
all of us.

quiet · 09-03-2010, 11:02 AM

ibill part deux. or dmr part 3.

RP Fade · 09-03-2010, 11:07 AM

Quote:

Originally Posted by quiet

ibill part deux. or dmr part 3.

QFT...

lived thru all of these as well..sigh.

Phoenix · 09-03-2010, 11:11 AM

oh man its not looking good

Phoenix · 09-03-2010, 11:14 AM

wait is raymor trying to take credit for this?

09-03-2010, 10:02 AM	#905
Jman Special Ops Consultant Industry Role: Join Date: Sep 2003 Location: Canuckstikan Posts: 22,514	Serious questions, how many visa debit card as epassporte issued that are currently active cards? 100's of k's? __________________ Porn.ai Deepfake.com ai-dreamgirls.com http://affiliates.porn.ai email: [email protected] skype: jean.francois.laverdiere TG: @jman1216

09-03-2010, 10:09 AM	#910
2012 So Fucking What Industry Role: Join Date: Jul 2006 Posts: 17,189	__________________ best host: Webair \| best sponsor: Kink \| best coder: 688218966 \| Go Fuck Yourself

09-03-2010, 10:10 AM	#911
nikad Confirmed User Join Date: Jan 2004 Location: BA Posts: 2,579	If you have your money in the e wallet, is it possible to withdraw to US checking account?. It has already said that it is not possible to withdraw from Visa virtual account, but what are the options when your $ is into the wallet? Are they the same in the US, EU and other countries? I think it would save a lot of messages if these options were explained and maybe sticky (?) __________________ The Filthy Few [email protected]

09-03-2010, 10:17 AM	#914
RP Fade Confirmed User Join Date: Sep 2003 Location: Los Angeles Posts: 3,343	As Sean said we've been changing affiliate payout methods. Any NScash.com affiliates can use our ticketing support system and we'll change it promptly. __________________ HomemadeCash.com - Homemade & GF sites powered by NScash.com HomemadeVideoPass.com - The only all homemade mega site OurHomemadePorno.com - Real couples fucking on camera Contact ICQ: 400-786-531 Email: fade AT nscash.com

09-03-2010, 10:24 AM	#920
SiMpLe Confirmed User Join Date: Feb 2002 Location: Porn Central - California Posts: 3,221	I belong to a financial community board and this is what is being said in regards to this. -------------------------------- The reason for this move from Visa is most likely because of the new rules enforced by Treasury Department's Financial Crimes Enforcement Network (FinCEN). New rules has come in place regarding debit pre paid cards, gift cards and reloadable top up cards. The rules, which were mandated by the Credit CARD Act of 2009, require more data collection and reporting from businesses, and some experts say they could make prepaid card buying a challenge for some consumers. Starting June 28, the public will have 30 days to comment on the rules, which require nonbank prepaid card providers to: Quote: File suspicious activity reports (SARs) with the government on suspicious activity of more than $2,000. Suspicious Activities Reports are Treasury Department forms already required of banks, casinos, poker rooms, securities and futures firms and others in the money services business. More than 5.6 million have been filed since they were first mandated in 1996 (see chart). The proposed rule would add nonbank card providers to the ranks of those required to file forms with the government when their suspicions are aroused. Collect customer information anytime a card is reloaded at someplace other than a bank. Maintain transaction information. The rule focuses on the following: Quote: Don't have the value clearly labeled on them. Are reloadable at places other than banks. Can have a maximum lifetime value of more than $1,000, including reloads. Can be used anywhere -- especially if they can be used internationally. Can have the value transferred to another card. Are purchased in large amounts or seem otherwise suspicious. Basically this is another terrorists anti-money laundry mumbo jumbo, but for now Epassporte is going to stay closed unless they will be able to comply with the new regulatations that came into force just a bit more than 30 days ago. -------------------- Epassporte functionality that some may not know of: All money that are kept in Epassporte are NOT, Visa. The two has nothing to do with each other. The gimmicks with Virtual Visa etc. has nothing to do with Visa. All money are at all times kept in the very same bank that Epassporte works together with. All money are kept in the bank, which Epassporte uses as their intermedia for Visa as they do not directly hold any Visa license. Epassporte holds an Deposit-taking business license on St. Kitts. Since the bank that works together with Visa has lost their license, which in turn is due to the new regulations, Epassporte cannot issue new cards before they: A) Find a new bank B) Get a direct license from Visa, which they wont as Visa only works directly together with Banks __________________ Sean Holland Vice President OrbitalPay / Global Electronic Technology (GET) SKYPE: iam.sean ::: sholland at orbitalpay.com 888-775-1500

09-03-2010, 09:54 AM	#903
Cyandin Confirmed User Industry Role: Join Date: Aug 2008 Posts: 1,723	wow......what a clusterfuck. I sure hope we get out money back somehow.

09-03-2010, 10:02 AM	#906
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	Accept Christ as your savior, before it's too late!

09-03-2010, 10:04 AM	#907
catalin Registered User Industry Role: Join Date: Sep 2005 Posts: 96	So did anyone manage to withdraw money using the still available methods since the announcement ?

09-03-2010, 10:19 AM	#917
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176

09-03-2010, 10:23 AM	#919
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,932	so long epass. it was nice never doing business with you

09-03-2010, 10:26 AM	#921
SexoboliC Registered User Join Date: Jul 2006 Posts: 37	don't know the difference but found this post on the net: "After a few phone calls.... It is my understanding that the problem is NOT with the ST Kitts bank....Visa has suspended only Epass pre-paid Visa accounts. (Virtual Visa etc) They have not suspended the other VISA accounts at the ST Kitts bank The concerns are as addressed by many prior posters. AML laws, who owns the underlying cards etc etc...." __________________ http://sexobolic.com Free Porn Sites

09-03-2010, 10:30 AM	#923
SiMpLe Confirmed User Join Date: Feb 2002 Location: Porn Central - California Posts: 3,221	Another quote - - - There is clearly no doubt that Epassporte falls under the prepaid/gift card rules as they issue cards without being able to perform sufficient due diligence. Since Epassporte can be used by anyone in the world without anyone being checked, Epassporte will probably see the end of its operations for a long time to come. __________________ Sean Holland Vice President OrbitalPay / Global Electronic Technology (GET) SKYPE: iam.sean ::: sholland at orbitalpay.com 888-775-1500

09-03-2010, 10:30 AM	#924
slayer69 Confirmed User Join Date: Oct 2008 Posts: 626	good night nurse.

09-03-2010, 10:33 AM	#927
pornstar2fag So Fucking Banned Industry Role: Join Date: Jan 2005 Posts: 544	Bye-bye epassporte. You guys fucked up good and the blame is on you and only you. Fuck all your bullshit responses... do your homework before you guys go into Ch 11 though.. you wouldn't want to fuck yourselves again. Oh wait.. probably is no such protection over there. F U C K Y O U

09-03-2010, 10:34 AM	#928
rhizome Confirmed User Industry Role: Join Date: Jan 2001 Posts: 788	I came here thinking it was a contest thread and all I got was a lousy statement from epassporte.

09-03-2010, 10:37 AM	#931
Shankz Confirmed User Join Date: Nov 2005 Posts: 275	Did ePass not have a contract with Visa? It seems very strange that they had no warning on something this drastic. Surely whenever Visa agreed to the ePass cards everything had to be in writing. And even if the law changes and Visa has to cut them off, surely they would have to have their legal dept. work out the contractal issues before just cutting things off.

09-03-2010, 10:43 AM	#935
CPimp Confirmed User Industry Role: Join Date: Aug 2009 Posts: 2,346	http://www.thestkittsnevisobserver.c...k-robbery.html This is why! __________________ three 997 three 55 three 1 ← That's my ICQ. Contact me there. Thanks.

09-03-2010, 10:53 AM	#937
kazbalah Confirmed User Join Date: Jun 2007 Posts: 1,215	LOL poor michael - i hope you get paid real well from epassporte for taking all this shit from everyone :P __________________ Link Directory Submitter - Forum Auto Submitter - Article Submitter - Simple SE submitter - Blog Auto Poster - 45 Wordpress Themes - Mis Spelt Keyword Generator - Auto Forum Submitter

09-03-2010, 10:53 AM	#938
PersianKitty Meow Media Inc. Industry Role: Join Date: Jul 2001 Location: In the valley of the sun, cactus, tacos, tequila, and nod Posts: 7,785	----bookmarking my place... off the make my brunch frittata... __________________ Wondering what webmaster programs PK uses? Check them out here!

09-03-2010, 10:55 AM	#940
Jdoughs Confirmed User Industry Role: Join Date: Mar 2004 Location: Great White North Posts: 5,794	Raymor, you never go full on retard. __________________ LinkSpun - Premier Adult Link Trading Community - ICQ - 464/\281/\250 Be Seen By New Webmasters/Affiliates * Target out webmasters/affiliates based on niches your sites are for less than $20 a month. AmeriNOC - Proudly hosted @ AmeriNOC!

09-03-2010, 11:01 AM	#944
SallyRand So Fucking Banned Industry Role: Join Date: Jan 2008 Location: In A Galaxie Far, Far Away! Posts: 3,487	Found this take on the matter at Italkcash, which is scary as Hell: "I would say Epassporte has a huge problem now. If it shows that Visa shut down their bank due to Epassporte, then Epassporte will most likely never be able to conduct any business with Visa. It all basically depends on how "toxic" Epassporte is in Visa's eyes. They could go to Mastercard, but thats more or less the same thing as those two companies are sharing each others mothers too. If Epassporte is not toxic and they only lost their bank, they still will face trouble. A) Either they find a new bank on the very same Island under the same license/legislation or B) They start over on another Island, which means re-applying for a license to conduct e-money business online. This cannot be done within 3 months even on a small Island. B1) Then contact a bank to start issuing cards, which will take months to work out C) They apply to become a full bank C1) Then they have to apply directly to Visa for a Visa license C2) Or they would have to go to a wholesale BIN Visa/Mastercard bank No matter the route Epassporte will be shut down for the next 3 months most likely. And if they are toxic, then none of the above will work. Visa will simply prevent any bank from working with Epassporte." Hoping the best for all you ePass users! Sally.

09-03-2010, 11:02 AM	#947
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	ibill part deux. or dmr part 3.

09-03-2010, 11:11 AM	#949
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	oh man its not looking good __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

09-03-2010, 11:14 AM	#950
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	wait is raymor trying to take credit for this? __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io