DO NOT withdraw all your money from Epass

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  • Choker
    Confirmed User
    • Apr 2001
    • 9024

    #1

    DO NOT withdraw all your money from Epass

    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.
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  • DEA - banned for life
    V.I.P.
    • Nov 2004
    • 7886

    #2
    Fuck that shit ! IF you can get your money...TAKE IT ALL Now!


    epass didnt need your money to start there buissness..they shouldnt need your money to survive..

    if my local bank didnt let me withdraw my funds for a week you think i would take out half when i could and leave the rest so my bank " MIGHT" make it in the future....ROFL ..thats some funny shit !!!!!!

    SEE SIG -----v


    .
    Last edited by DEA - banned for life; 09-07-2010, 03:51 AM.

    Comment

    • Randy West
      So Fucking Banned
      • Jan 2005
      • 1079

      #3

      Comment

      • Brad Mitchell
        Confirmed User
        • Nov 2001
        • 9813

        #4
        I just received 3 ACH withdrawl/deposits - appears to be business as usual so far on this side of things.

        Brad
        President at MojoHost | brad at mojohost dot com | Skype MojoHostBrad
        71 industry awards for hosting and professional excellence since 1999

        Comment

        • erooup
          Confirmed User
          • Jul 2010
          • 512

          #5
          Originally posted by Choker
          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.
          Like Epassporte would do the same for you

          Comment

          • darksoul
            Confirmed User
            • Apr 2002
            • 4997

            #6
            they need to fix this as soon as possible.
            With every day they're losing trust and that will be very hard to regain.
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            • securedata
              So Fucking Banned
              • Jan 2007
              • 206

              #7
              how can they be trusted with money when they give no updates

              Comment

              • wizzart
                scriptmaster
                • May 2006
                • 5246

                #8
                Yes, this is 5th day, and all my optimism going away... but I still believe it will be happy end
                BimboZone

                Comment

                • spacedog
                  Yes that IS me. Bitch.
                  • Nov 2001
                  • 14149

                  #9
                  Originally posted by darksoul
                  they need to fix this as soon as possible.
                  With every day they're losing trust and that will be very hard to regain.
                  Today is the first business day after it's happened... It's been a long and frustrating weekend for everyone. Let's see what happens today. It's only 5:17am for ePassport

                  Comment

                  • GetSCORECash
                    Confirmed User
                    • Mar 2008
                    • 5527

                    #10
                    Brad, can you confirm it was from epass?
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                    • ottopottomouse
                      She is ugly, bad luck.
                      • Jan 2010
                      • 13177

                      #11
                      Originally posted by Choker
                      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.
                      Don't take all your money out let me get at mine first????
                      ↑ see post ↑
                      13101

                      Comment

                      • Inter-Sex
                        Confirmed User
                        • Nov 2005
                        • 2231

                        #12
                        I understand every one is nervus and paranoid,
                        but we talking about business here.

                        Fact is, today is the first business day after the frozenday,
                        so peeps, stop please with being paranoid, and do your work like always.
                        I think we "need" to give it some businessdays. Just my 2 cents.

                        ~ Renaldo,

                        (And yes, i have enough tied up in epass)

                        Comment

                        • TheDA
                          Confirmed User
                          • May 2006
                          • 4665

                          #13
                          I'd be pulling anything of worth out for sure.
                          Sharleen Spiteri - 1989 - In The Ass

                          Comment

                          • DWB
                            Registered User
                            • Jul 2003
                            • 31779

                            #14
                            Originally posted by Brad Mitchell
                            I just received 3 ACH withdrawl/deposits - appears to be business as usual so far on this side of things.

                            Brad
                            Brad comes through with a little light at the end of the tunnel.

                            Comment

                            • minicivan
                              Confirmed User
                              • Jun 2007
                              • 943

                              #15
                              You should take all your money from epass because everyone is taking all they money from epass. Because all sponsors stop working with epass. They already done. Not taking you money would be stupider than having money in epass account to start with.

                              Comment

                              • lagcam
                                Confirmed User
                                • Jul 2007
                                • 2890

                                #16
                                I posted on one of the other hundred threads that I made a test withdrawal to registered debit card on Friday 3rd and it has already appeared on my UK bank statement dated 4th September (although I didn't look until today so I don't know if it arrived that day or was just back value dated).

                                Either way it proves the process is working, and I will continue to accept epassporte.
                                Working Cam site for sale - NOT affiliate.

                                Comment

                                • IllTestYourGirls
                                  Ah My Balls
                                  • Feb 2007
                                  • 14311

                                  #17
                                  Originally posted by Brad Mitchell
                                  I just received 3 ACH withdrawl/deposits - appears to be business as usual so far on this side of things.

                                  Brad
                                  I am assuming from epassporte or you would not have posted in this thread?

                                  Comment

                                  • CaptainHowdy
                                    Too lazy to set a custom title
                                    • Dec 2004
                                    • 94726

                                    #18
                                    Originally posted by minicivan
                                    Because all sponsors stop working with epass.
                                    ?????????

                                    Comment

                                    • jalami
                                      Confirmed User
                                      • May 2004
                                      • 845

                                      #19
                                      Originally posted by Brad Mitchell
                                      I just received 3 ACH withdrawl/deposits - appears to be business as usual so far on this side of things.

                                      Brad
                                      I can also confirm that this morning I just received an ACH withdrawal from my epass wallet that I asked for on Thursday night after hearing about the epass debacle.
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                                      • Nikki_Licks
                                        Confirmed User
                                        • May 2005
                                        • 6323

                                        #20
                                        Originally posted by Choker
                                        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.
                                        Would you leave your money in a bank that these type of issues? I think most people would be at the door come the next business day of business, to withdraw their money....
                                        Amateur Content
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                                        • minicivan
                                          Confirmed User
                                          • Jun 2007
                                          • 943

                                          #21
                                          Originally posted by CaptainHowdy
                                          ?????????
                                          I mean that webmasters all change it as payment option for sponsor payments because of this. How ever you looking at it they are going to lose lot of business and that also make your money at risk when company is at risk as OP want to stop.

                                          Comment

                                          • ladida
                                            Confirmed User
                                            • Nov 2005
                                            • 2179

                                            #22
                                            Originally posted by Choker
                                            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.
                                            You are missinformed. Epass is not a bank. They should, at all times, HAVE the whole money in the account. The banks go insolvent because they actually use your money to roll it and make more money, they give out loans etc etc. Epass has none of that. Why on earth would they be "insolvent" if everyone took out the money and epass was not doing shady shit.
                                            agentGFY *at* gmail.com

                                            Comment

                                            • IllTestYourGirls
                                              Ah My Balls
                                              • Feb 2007
                                              • 14311

                                              #23
                                              Originally posted by jalami
                                              I can also confirm that this morning I just received an ACH withdrawal from my epass wallet that I asked for on Thursday night after hearing about the epass debacle.
                                              Kick ass!

                                              Comment

                                              • signupdamnit
                                                Confirmed User
                                                • Aug 2007
                                                • 6697

                                                #24
                                                ... And here we go 9am Eastern. I think the next 24 hours will determine the future of Epassporte. They'd be smart to fix this by then or at least release a statement with more details on why this happened.

                                                You don't like my posts? Put me on ignore or fuck right off. I'll say what I want.

                                                Comment

                                                • anexsia
                                                  Confirmed User
                                                  • May 2010
                                                  • 5735

                                                  #25
                                                  Originally posted by Choker
                                                  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.
                                                  Epassporte is not a bank. If I had a ton of money in there right now, I damn sure would be taking it all out asap...survival of the fittest.

                                                  Comment

                                                  • e-god
                                                    Confirmed User
                                                    • Jan 2003
                                                    • 1738

                                                    #26
                                                    Originally posted by minicivan
                                                    You should take all your money from epass because everyone is taking all they money from epass. Because all sponsors stop working with epass. They already done. Not taking you money would be stupider than having money in epass account to start with.
                                                    You would jump from the skyscraper if everyone is jumping?? It's just the herd instinct.

                                                    All sponsors just suspended their payouts to epass till issue will be solved and I have no doubt that everything will be fine.

                                                    Comment

                                                    • Matyko
                                                      PsyHead
                                                      • Aug 2005
                                                      • 8681

                                                      #27
                                                      Originally posted by Brad Mitchell
                                                      I just received 3 ACH withdrawl/deposits - appears to be business as usual so far on this side of things.

                                                      Brad
                                                      Originally posted by jalami
                                                      I can also confirm that this morning I just received an ACH withdrawal from my epass wallet that I asked for on Thursday night after hearing about the epass debacle.



                                                      Sweeeet news!!! ;)
                                                      Last edited by Matyko; 09-07-2010, 05:21 AM.
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                                                      • Agent 488
                                                        Registered User
                                                        • Feb 2006
                                                        • 22511

                                                        #28
                                                        michael said this was the most correct post.

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

                                                        Originally posted by AdultEUhost
                                                        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.
                                                        so they should have your deposit plus extra. our money should be safe.

                                                        they are not a bank lending money.

                                                        Comment

                                                        • Jack Sparrow
                                                          Almost goners..
                                                          • May 2008
                                                          • 11420

                                                          #29
                                                          Originally posted by Choker
                                                          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.
                                                          Fuck you dumbass.
                                                          I think I will decide if I take MY money out of there or not.

                                                          YOU will probably be the first guy cleaning your account dry, the second they post you can get to your funds.

                                                          I cant withdraw because i have everything on the vv, but if i where them, i would be cleaning it out right this minute.

                                                          Ps. not saying epass wont fix the problem, i hope they will, and i trust michael.

                                                          Comment

                                                          • woj
                                                            <&(©¿©)&>
                                                            • Jul 2002
                                                            • 47882

                                                            #30
                                                            Originally posted by jalami
                                                            I can also confirm that this morning I just received an ACH withdrawal from my epass wallet that I asked for on Thursday night after hearing about the epass debacle.
                                                            ACH withdrawals from the wallet seem fine, I received mine too
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                                                            • Sausage
                                                              Confirmed User
                                                              • Oct 2002
                                                              • 3012

                                                              #31
                                                              Screw that ... the moment i can get my money out .. if i ever can ... I am getting it all out before others do. I could care less if epass goes down as long as I get my money first

                                                              I am concerned for the plight of my fellow webmaster as much as he is concerned for mine....
                                                              IW
                                                              Skype : blance8888
                                                              Icq : 15567120

                                                              Comment

                                                              • hawkadu
                                                                Confirmed User
                                                                • Oct 2006
                                                                • 276

                                                                #32
                                                                Great news that epass is still alive and sending transfers. I'm sure Chris Mallick will make it right!

                                                                Comment

                                                                • artwilliams
                                                                  Confirmed User
                                                                  • Aug 2004
                                                                  • 252

                                                                  #33
                                                                  Originally posted by Choker
                                                                  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.
                                                                  ePassporte is NOT a bank. It does not take customer deposits and make loans. Revenue is made solely by charging service fees. If it does not have enough money to pay all balances outstanding then something funny is going on. Please, correct me if I am wrong.
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                                                                  • DEA - banned for life
                                                                    V.I.P.
                                                                    • Nov 2004
                                                                    • 7886

                                                                    #34
                                                                    Originally posted by Sausage
                                                                    Screw that ... the moment i can get my money out .. if i ever can ... I am getting it all out before others do. I could care less if epass goes down as long as I get my money first

                                                                    I am concerned for the plight of my fellow webmaster as much as he is concerned for mine....
                                                                    by far the second best post in this thread...mine (#2)..being the first .





                                                                    see sig---v

                                                                    Comment

                                                                    • 2intense
                                                                      Too lazy to set a custom title
                                                                      • Dec 2009
                                                                      • 12493

                                                                      #35
                                                                      Originally posted by Randy West
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                                                                      • minicivan
                                                                        Confirmed User
                                                                        • Jun 2007
                                                                        • 943

                                                                        #36
                                                                        Originally posted by e-god
                                                                        You would jump from the skyscraper if everyone is jumping?? It's just the herd instinct.

                                                                        All sponsors just suspended their payouts to epass till issue will be solved and I have no doubt that everything will be fine.
                                                                        I am smart enough to not be caught on a leaking boat to begin with. I'm smart enough to get off when it obviously sinking. So many here love their cheap seat on the Titanic.

                                                                        Comment

                                                                        • Agent 488
                                                                          Registered User
                                                                          • Feb 2006
                                                                          • 22511

                                                                          #37
                                                                          Originally posted by artwilliams
                                                                          ePassporte is NOT a bank. It does not take customer deposits and make loans. Revenue is made solely by charging service fees. If it does not have enough money to pay all balances outstanding then something funny is going on. Please, correct me if I am wrong.
                                                                          read my above post.

                                                                          Comment

                                                                          • CaptainHowdy
                                                                            Too lazy to set a custom title
                                                                            • Dec 2004
                                                                            • 94726

                                                                            #38
                                                                            Originally posted by hawkadu
                                                                            Great news that epass is still alive and sending transfers. I'm sure Chris Mallick will make it right!
                                                                            !

                                                                            Comment

                                                                            • Fat Panda
                                                                              Porn is Dead. Move along.
                                                                              • Aug 2006
                                                                              • 13296

                                                                              #39
                                                                              fuck epassporte

                                                                              Comment

                                                                              • quiet
                                                                                we'll miss you our friend. RIP
                                                                                • Sep 2001
                                                                                • 25115

                                                                                #40
                                                                                yeah, there's a brillant idea.
                                                                                we'll miss you our friend. RIP

                                                                                Comment

                                                                                • DateDoc
                                                                                  Outside looking in.
                                                                                  • Feb 2005
                                                                                  • 14243

                                                                                  #41
                                                                                  Originally posted by ottopottomouse
                                                                                  Don't take all your money out let me get at mine first????
                                                                                  Sounds about right! Either that or - I have too much in epass so if you fuck epass you fuck me!

                                                                                  Comment

                                                                                  • kacy
                                                                                    Confirmed User
                                                                                    • Oct 2002
                                                                                    • 877

                                                                                    #42
                                                                                    We also received ACH wire deposit today as well.
                                                                                    ~Kacy

                                                                                    Comment

                                                                                    • AFSC
                                                                                      #1 for Content Licensing
                                                                                      • Sep 2006
                                                                                      • 2084

                                                                                      #43
                                                                                      Wonderful that widrawals from the wallet based system are working..... But the virtual Visa section is still frozen, so in reality nothing has changed. Michael said from the get go that wallet transfers were unaffected.... So glad to see he was on the money with that.problem remains we have no updates or timetables on the Visa system withdrawals. :-(
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                                                                                      • advrtz-chad
                                                                                        Registered User
                                                                                        • Jun 2010
                                                                                        • 28

                                                                                        #44
                                                                                        epass will be insolvent by the end by the end of the month. Nobody will use them ever again. I would grab your cash and run. If they were a real company they would be covering everyones cash that's in virtual visa's since its really not our problem. Knowing them they act like a bank and have leverages our cash a couple times over.
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                                                                                        • BIGTYMER
                                                                                          Junior Achiever
                                                                                          • Nov 2004
                                                                                          • 17066

                                                                                          #45
                                                                                          Originally posted by artwilliams
                                                                                          ePassporte is NOT a bank. It does not take customer deposits and make loans. Revenue is made solely by charging service fees. If it does not have enough money to pay all balances outstanding then something funny is going on. Please, correct me if I am wrong.
                                                                                          No, you're right. They make their money on processing and fees.

                                                                                          Comment

                                                                                          • Net Money
                                                                                            Confirmed User
                                                                                            • Dec 2007
                                                                                            • 539

                                                                                            #46
                                                                                            Originally posted by artwilliams
                                                                                            ePassporte is NOT a bank. It does not take customer deposits and make loans. Revenue is made solely by charging service fees. If it does not have enough money to pay all balances outstanding then something funny is going on. Please, correct me if I am wrong.
                                                                                            BINGO !!! and the fact that they cannot wire or send a check right now for all funds leads me to believe that there is obviously WAY more to this BS visa story.

                                                                                            Comment

                                                                                            • The Duck
                                                                                              Adult Content Provider
                                                                                              • May 2005
                                                                                              • 18243

                                                                                              #47
                                                                                              That is actually a pretty good idea. But I will not comply, epass fucked up and if this is the cannonball that will sink the ship so be it.
                                                                                              Skype Horusmaia
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                                                                                              • Barefootsies
                                                                                                Choice is an Illusion
                                                                                                • Feb 2005
                                                                                                • 42635

                                                                                                #48
                                                                                                This is the adult industry foo.

                                                                                                As you can see from the replies in this thread, the norm hold true. Every many for himself. Regardless of the long term outcomes of the company, or the ripple effect through the industry.
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                                                                                                • kristin
                                                                                                  GOO!
                                                                                                  • Sep 2002
                                                                                                  • 9768

                                                                                                  #49
                                                                                                  Originally posted by securedata
                                                                                                  how can they be trusted with money when they give no updates
                                                                                                  Because they probably aren't getting many updates either - it was a long, holiday weekend. I'm pretty sure the VISA department they need was enjoying their time off.
                                                                                                  Vacares rules.

                                                                                                  "Usually only fat guys have the kind of knowledge and ability that Kristin has."

                                                                                                  Comment

                                                                                                  • Jman
                                                                                                    Too lazy to set a custom title
                                                                                                    • Sep 2003
                                                                                                    • 22837

                                                                                                    #50
                                                                                                    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???
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