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!
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!!
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!!
Nothing new in there.
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Isn't the statement that cardholders can still access their funds through epass new? I mean, they say people can access the prepaid card funds, epass says they can't. So is the statement bogus? Or.....?
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?
if I understand it correctly, it says the funds on visa card should be available through epassporte
Originally posted by Shap
that is what I understood as well
Originally posted by wyldblyss
Isn't the statement that cardholders can still access their funds through epass new? I mean, they say people can access the prepaid card funds, epass says they can't. So is the statement bogus? Or.....?
Actually it don't say shit about the cards being usable, quite the opposite. It says:
?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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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!!
If that's official VISA statement, then I'm waiting an answer from Michael as why we can't withdraw our funds from VISA Virtual??
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Actually it don't say shit about the cards being usable, quite the opposite. It says:
?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.
VISA blocked access to their network!! Meaning the money can be used OUTSIDE of their network, ie. we should be able to withdraw them using other options and not the VISA one.
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My contact:
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would you fucking shut up already!!?? What are you trying to do here, piss off as many people as you can!? I am sick and tired of your retarded posts already! Fuck off!
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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 $
Seems pretty unlikely that the bank would freeze one account and not the other if this was in fact the case. (example - wire transfers working from wallet accounts)
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If what you think is true, a smart, sensible man would be sitting back enjoying the fireworks.
Grow up man.
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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!!
The way I understand this then...it was not an action initiated by Visa but was an action initiated by the bank...thus it appears that the bank has a problem with the epassporte account. It also sounds to me that people should be able to withdraw their money that was on the epassporte Visa account with the bank either via epassporte or the bank...providing the money is in fact still there and has not been raided.
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.
would you fucking shut up already!!?? What are you trying to do here, piss off as many people as you can!? I am sick and tired of your retarded posts already! Fuck off!
VISA blocked access to their network!! Meaning the money can be used OUTSIDE of their network, ie. we should be able to withdraw them using other options and not the VISA one.
That is exactly how I read It.
Looks to me like epass is holding on to our $$ at this time..
Actually it don't say shit about the cards being usable, quite the opposite. It says:
?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.
I didn't say the card would work. I said it sounds like the FUNDS are available
what's your problem man? If you don't like epass, chill out! You are just making yourself look like a complete fool!
thats what they said when i tried to help the webmaster community 2 months ago by pointing out something like this current situation was a very realistic possibility
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.
If that's official VISA statement, then I'm waiting an answer from Michael as why we can't withdraw our funds from VISA Virtual??
Me too. They are basically saying Visa has not tied up, blocked or frozen any money, anywhere. This is a technical issue in how ePass's frontend (and backend) access funds. (deliberate or not, by who, for what reason)
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!!!
Seems pretty unlikely that the bank would freeze one account and not the other if this was in fact the case. (example - wire transfers working from wallet accounts)
The money on wallets can be in some other bank. Did not they change incoming wire instructions to some other bank recently?
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!!
This is an interesting press release!
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?
?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."[/U
[/I]
So what I understand I can contact SKNA and ask them to send my funds to my bank ?
So what I understand I can contact SKNA and ask them to send my funds to my bank ?
St. Kitts is saying "no comment" and they do not know where the money on the cards is (St.Kitts Bank or Visa etc.)
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.
St. Kitts is saying "no comment" and they do not know where the money on the cards is (St.Kitts Bank or Visa etc.)
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.
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