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Old 09-07-2010, 08:36 AM   #51
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Originally Posted by Jean-Francois View Post
No need as all the money froze in VV by EPASSPORTE and not Visa will cover their ass. Why do you think we can't USE their in house transfer system to transfer money in VV to Wallet???
because you don't understand how visa works?
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Old 09-07-2010, 08:37 AM   #52
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хакеров?
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Old 09-07-2010, 08:38 AM   #53
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Old 09-07-2010, 08:39 AM   #54
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because you don't understand how visa works?
Yeah so Visa controls internal transfer within Epassporte??? VV to Wallet transfer where done threw Epassporte system and not Visa... Correct?
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Old 09-07-2010, 08:40 AM   #55
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Yeah so Visa controls internal transfer within Epassporte??? VV to Wallet transfer where done threw Epassporte system and not Visa... Correct?
don't understand french.
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Old 09-07-2010, 08:41 AM   #56
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Creating a run on the bank is not going to solve things, just makes matters worse.
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Old 09-07-2010, 08:43 AM   #57
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No it's not visa 100% sure
Visa would provide an explanation.
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Old 09-07-2010, 08:51 AM   #58
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Yeah so Visa controls internal transfer within Epassporte??? VV to Wallet transfer where done threw Epassporte system and not Visa... Correct?
This is how I envision it (if it's even close, I have no idea). I would *think* that ePass just acts as a middle man (no phun intended).

So for instance ePass has a bank account at St. Kitts and let's say everyone's ePass accounts are "sub-accounts." So you have money in VV and in the wallet and want to move it. So you move wallet your wallet money to VV - now that wallet money pulls and goes into the ePass bank account. Then ePass' bank account then sends the money pulled out from the wallet over to VV. And once on VISA, in their control until you spend it or move it again. So if VISA decides to freeze accounts, ePass can't act as the middle man to move the money.
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Old 09-07-2010, 08:53 AM   #59
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This is how I envision it (if it's even close, I have no idea). I would *think* that ePass just acts as a middle man (no phun intended).

So for instance ePass has a bank account at St. Kitts and let's say everyone's ePass accounts are "sub-accounts." So you have money in VV and in the wallet and want to move it. So you move wallet your wallet money to VV - now that wallet money pulls and goes into the ePass bank account. Then ePass' bank account then sends the money pulled out from the wallet over to VV. And once on VISA, in their control until you spend it or move it again. So if VISA decides to freeze accounts, ePass can't act as the middle man to move the money.
No wonder you're MISS GFY !
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Old 09-07-2010, 08:57 AM   #60
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I heard the owner is stuck in Dubai. His visa electron card was declined trying to refuel his jet.

Please leave your money in so he can come home. !!!
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Old 09-07-2010, 09:01 AM   #61
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Damn hope we get it fixed, have been a happy epass user for many years, but I am keeping the happy face on, hoping they are gonna make it
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Old 09-07-2010, 09:14 AM   #62
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because you don't understand how visa works?
This is url to use to transfer money from VV to Wallet

https://www.epassporte.com/secure/transferwithin.cgi

How can VISA be the one controlling this and if funds are safe and it is just the cards who are no longer working, then why the hell can't we use this EPASSPORTE transfer function?
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Old 09-07-2010, 09:27 AM   #63
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because it's risky ?
because there is not so much money on the wallets so you can give this to your users to make them wait ?

Last edited by pornmasta; 09-07-2010 at 09:28 AM..
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Old 09-07-2010, 09:38 AM   #64
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because it's risky ?
because there is not so much money on the wallets so you can give this to your users to make them wait ?
Visa blocked the cards and they have the right to do so i guess, cause it's their cards. But they know the money is in epassporte accounts and does not belong to visa, so why would they even care if we, epassporte's clients, would get our money back in our bank accounts via epassporte wallet system wire transfer.
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Old 09-07-2010, 09:39 AM   #65
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Visa blocked the cards and they have the right to do so i guess, cause it's their cards.
I bet it is wrong
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Old 09-07-2010, 09:43 AM   #66
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This is how I envision it (if it's even close, I have no idea). I would *think* that ePass just acts as a middle man (no phun intended).

So for instance ePass has a bank account at St. Kitts and let's say everyone's ePass accounts are "sub-accounts." So you have money in VV and in the wallet and want to move it. So you move wallet your wallet money to VV - now that wallet money pulls and goes into the ePass bank account. Then ePass' bank account then sends the money pulled out from the wallet over to VV. And once on VISA, in their control until you spend it or move it again. So if VISA decides to freeze accounts, ePass can't act as the middle man to move the money.
Kristin:

I think you're partially correct. Money from the wallet "called" by a VV holder would move into a quasi-account attached to the VV for availability to withdraw through the Interchange and ATM networks.

VISA, is a "Card Association" which means they license banks to issue their product and they operate the interchange networks through which transactions are cleared. They do not actually hold the money. In this instance, the funds on VVs should still reside at St. Kitts on a different ledger balanced back to the "balances" on all outstanding VVs.

The fact that ePassporte has been able to settle requests for payouts by other means (ACH/Wire) from the wallet, while encouraging, does little to address the issues related to the original problem, which is the freeze of the VV program.

In my opinion, it now comes down to what action was taken by whom. If the program was simply closed by VISA and/or the Bank, then those funds should be migrated back to the wallets, but this may take a bit of time to do because they'll have to review the accounts for outstanding pending auths, etc.

If there was a bigger problem with the way the VV was operated and some regulatory agency forced the shut down then it could take significantly longer to recover the funds and move them back to the wallet.

I look forward to hearing from ePassporte today. I would assume that post holiday they're going to be able to provide some clarification on the actions taken to meet their obligations to their clients.
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Old 09-07-2010, 09:46 AM   #67
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If it's true wires and ACH withdrawals are going thru it is important that we don't make Epass insolvent. Withdraw half your money or just enough to make sure it is working. Just like any bank I highly doubt that Epass has enough cash to cover all the money in everyone's account at one time. We need Epass as much as they need us so let's support them by not taking everything out. As soon as I can confirm that ACH is working I will immedietly begin accepting epass payments again.

We are not all as rich as you.
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Old 09-07-2010, 09:48 AM   #68
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Kristin:

I think you're partially correct. Money from the wallet "called" by a VV holder would move into a quasi-account attached to the VV for availability to withdraw through the Interchange and ATM networks.

VISA, is a "Card Association" which means they license banks to issue their product and they operate the interchange networks through which transactions are cleared. They do not actually hold the money. In this instance, the funds on VVs should still reside at St. Kitts on a different ledger balanced back to the "balances" on all outstanding VVs.

The fact that ePassporte has been able to settle requests for payouts by other means (ACH/Wire) from the wallet, while encouraging, does little to address the issues related to the original problem, which is the freeze of the VV program.

In my opinion, it now comes down to what action was taken by whom. If the program was simply closed by VISA and/or the Bank, then those funds should be migrated back to the wallets, but this may take a bit of time to do because they'll have to review the accounts for outstanding pending auths, etc.

If there was a bigger problem with the way the VV was operated and some regulatory agency forced the shut down then it could take significantly longer to recover the funds and move them back to the wallet.

I look forward to hearing from ePassporte today. I would assume that post holiday they're going to be able to provide some clarification on the actions taken to meet their obligations to their clients.
This people, is an example of a well thought out and written post.
Thank you for a breath of fresh air.
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Old 09-07-2010, 09:53 AM   #69
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this is one of the worst advices given in this situation and second, they should have every penny in the bank otherwise they have been playing with your money. Mark my words there will be a lack of funds for epassporte or the bank backing them.
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Old 09-07-2010, 10:07 AM   #70
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If you and a group of others are being chased by a bear, you just need to be faster than the rest of them to get out unhurt.

Apply that here.
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Old 09-07-2010, 10:19 AM   #71
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http://en.wikipedia.org/wiki/File:No...14,_2007.j pg
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Old 09-07-2010, 10:28 AM   #72
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This people, is an example of a well thought out and written post.
Thank you for a breath of fresh air.
Thanks, Pimp!

Payment Operations, as boring as this may sound, is my life. I wanted to help clarify the issue based on my experiences in wallet land.

If there's anything I can do for you, feel free to get in touch.

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Old 09-07-2010, 10:32 AM   #73
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Old 10-05-2010, 10:20 AM   #74
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Should we withdraw the money now?
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Old 10-05-2010, 10:29 AM   #75
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Should we withdraw the money now?
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Old 10-05-2010, 10:29 AM   #76
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I heard that the Virtual cards will be re-instated soon. Anyone know anymore?
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Old 10-05-2010, 10:31 AM   #77
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fitting
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Old 10-05-2010, 10:40 AM   #78
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Should we withdraw the money now?
Not all of it, don't let epass die, you heard the man
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Old 10-05-2010, 10:42 AM   #79
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Not all of it, don't let epass die, you heard the man
ok yes, I LOL'd
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Old 10-05-2010, 10:45 AM   #80
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hell can i still load money into my account LOL
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Old 10-05-2010, 11:25 AM   #81
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All of these threads are golden to see who the douches are.

Is the Bro romance over?
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Old 10-05-2010, 11:35 AM   #82
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Epass is dead.. Get over it.. Move on...
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Old 02-18-2011, 10:05 AM   #83
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If it's true wires and ACH withdrawals are going thru it is important that we don't make Epass insolvent. Withdraw half your money or just enough to make sure it is working. Just like any bank I highly doubt that Epass has enough cash to cover all the money in everyone's account at one time. We need Epass as much as they need us so let's support them by not taking everything out. As soon as I can confirm that ACH is working I will immedietly begin accepting epass payments again.
Please let us know if you are uncertain
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Old 07-10-2011, 07:31 PM   #84
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this is one of the worst advices given in this situation and second, they should have every penny in the bank otherwise they have been playing with your money. Mark my words there will be a lack of funds for epassporte or the bank backing them.
I just got back from the war in afghanistan, my epass cards not working..
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Old 07-10-2011, 07:38 PM   #85
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I just got back from the war in afghanistan, my epass cards not working..
choker had to get his cash out first
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Old 07-10-2011, 07:38 PM   #86
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Don't worry guys, OP found 10k+ in a safe he almost put in the trash.
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Old 07-10-2011, 07:39 PM   #87
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I just got back from the war in afghanistan, my epass cards not working..
Don't put your gun away, we got another mission for you.

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Old 07-10-2011, 07:40 PM   #88
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I just got back from the war in afghanistan, my epass cards not working..
Sorry to hear. My nephew got back a month ago.
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Old 07-10-2011, 07:40 PM   #89
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I just got back from the war in afghanistan, my epass cards not working..
I though this would be a Wtf why did you bump this old thread.. but it's not. Long story short, I lost 8k, Choker lost about as much and then millions more for everyone else. Sucks.

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Old 07-10-2011, 10:37 PM   #90
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glad to see everything has been solved
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Old 07-10-2011, 11:53 PM   #91
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Great advice choker. We should listen to the "Bros" a lot more for sound advice. </sarcasm>
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Old 07-11-2011, 12:00 AM   #92
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I though this would be a Wtf why did you bump this old thread.. but it's not. Long story short, I lost 8k, Choker lost about as much and then millions more for everyone else. Sucks.

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Why not sue? I hear the US justice system is alright.
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Old 07-11-2011, 03:41 AM   #93
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Choker had the right idea with the "run on the bank" economic concept but it was already too late with this company.
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Old 07-11-2011, 03:48 AM   #94
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umm hoping this well get things better ................
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Old 07-11-2011, 03:55 AM   #95
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umm hoping this well get things better ................
What????
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Old 07-11-2011, 04:35 AM   #96
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Great advice choker. We should listen to the "Bros" a lot more for sound advice. </sarcasm>
Coming from a man who in his retirement has to make his wife work just to put food on the table? Now your gonna say that she just enjoys working right? LOL
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Old 04-24-2014, 01:43 AM   #97
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If it's true wires and ACH withdrawals are going thru it is important that we don't make Epass insolvent. Withdraw half your money or just enough to make sure it is working. Just like any bank I highly doubt that Epass has enough cash to cover all the money in everyone's account at one time. We need Epass as much as they need us so let's support them by not taking everything out. As soon as I can confirm that ACH is working I will immedietly begin accepting epass payments again.
Was this the last time Choker ever posted here?
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Old 04-24-2014, 03:51 AM   #98
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Was this the last time Choker ever posted here?
No, he posted a couple of months ago.
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Old 04-24-2014, 03:53 AM   #99
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Choker prepared for end of world, but what happened later?
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Old 04-24-2014, 05:00 AM   #100
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Was this the last time Choker ever posted here?
Idiot sure made a fool out of himself.
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