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-   -   what are the limits on the i-payout card? (https://gfy.com/showthread.php?t=994483)

Phoenix 10-26-2010 01:11 PM
what are the limits on the i-payout card?
 
some sponsors are forcing people to sign up here

im not complaining about a payment option...however im really shocked that my information has already been given out to some 3rd party company

when asked about the 8k limit...all i get back is...8k load limit...so if someone owes you more then 8k they cant send it to you?


that doesnt seem useful

also...what about the card limits themselves? i couldnt get a clear answer there....instead, i need to find out the limitiations...if any?

anyone have a clear break down of these people?

who owns it, their background in the business
etc

JasonEMC 10-26-2010 02:47 PM
Quote:
Originally Posted by Phoenix (Post 17642934)
some sponsors are forcing people to sign up here


im not complaining about a payment option...however im really shocked that my information has already been given out to some 3rd party company
The sponsor company has signed up for an account and has uploaded basic information to their EMC2 business account (usually just email and name). This allows an invitation to be sent out to you to complete the signup process. As mentioned in another thread, ?We have had some programs sign up who have opted to utilize EMC2Payouts exclusively for international payouts. That is their business decision. People can transfer funds anywhere they want from the EMC2 e-wallet account. We are confident we have the most flexible, secure, and cost effective product available in the market today. We believe you will be very pleased with the flexibility, payment options, and tools you?ll have to manage your funds.?

Quote:
Originally Posted by Phoenix (Post 17642934)
when asked about the 8k limit...all i get back is...8k load limit...so if someone owes you more then 8k they cant send it to you?
Yes. You can receive any amount of money into your eWallet account. Transfers of $10k or more per occurrence out of the eWallet will require a little more KYC documentation.

Quote:
Originally Posted by Phoenix (Post 17642934)
also...what about the card limits themselves? i couldnt get a clear answer there....instead, i need to find out the limitiations...if any?
The limit for credit cards (not any of the prepaid cards, but a normal credit card) is 5k per transaction, however you are allowed to do as many transactions as you want.

The load limit for the prepaid cards is $5k for US cards and $3500 for International cards. These limits can be raised quickly and easily up to the $25K range with slightly more KYC info.

Quote:
Originally Posted by Phoenix (Post 17642934)
anyone have a clear break down of these people?
who owns it, their background in the business
etc
EMC2 Billing's principals have provided merchant and other payment services to the adult industry for over a decade. EMC2 Billing has an exclusive services contract with IPS. Your agreement is with IPS and they have been in business for 5 years, are a registered third party processor, and have several hundred thousand account holders on their system. The technology is fully redundant and adheres to the highest levels of banking and government compliance.

RyuLion 10-26-2010 02:50 PM
Woah, now that's what you call service!

Phoenix 10-26-2010 02:53 PM
Quote:
Originally Posted by JasonEMC (Post 17643219)
The sponsor company has signed up for an account and has uploaded basic information to their EMC2 business account (usually just email and name). This allows an invitation to be sent out to you to complete the signup process. As mentioned in another thread, ?We have had some programs sign up who have opted to utilize EMC2Payouts exclusively for international payouts. That is their business decision. People can transfer funds anywhere they want from the EMC2 e-wallet account. We are confident we have the most flexible, secure, and cost effective product available in the market today. We believe you will be very pleased with the flexibility, payment options, and tools you?ll have to manage your funds.?

Yes. You can receive any amount of money into your eWallet account. Transfers of $10k or more per occurrence out of the eWallet will require a little more KYC documentation.



The limit for credit cards (not any of the prepaid cards, but a normal credit card) is 5k per transaction, however you are allowed to do as many transactions as you want.

The load limit for the prepaid cards is $5k for US cards and $3500 for International cards. These limits can be raised quickly and easily up to the $25K range with slightly more KYC info.


EMC2 Billing's principals have provided merchant and other payment services to the adult industry for over a decade. EMC2 Billing has an exclusive services contract with IPS. Your agreement is with IPS and they have been in business for 5 years, are a registered third party processor, and have several hundred thousand account holders on their system. The technology is fully redundant and adheres to the highest levels of banking and government compliance.

so..each time a webmaster gets a payment of over 10k they need to send in more paperwork to receive it?

i notice you don't name the principals, or what merchant and other payment services they have been providing for over a decade.

you say you can receive any amount you want, but need paperwork for it
then you say the limit is 5000 for us...and 3500 for international. which one is it?

but something called kyc can fix that?
what is kyc info?

Machete_ 10-26-2010 02:55 PM
Quote:
Originally Posted by JasonEMC (Post 17643219)
usually just email and name
"just" ?


:helpme :Oh crap :disgust

Machete_ 10-26-2010 03:00 PM
http://img827.imageshack.us/img827/7804/image2c.gif

Screw that.

:2 cents:

Phoenix 10-26-2010 03:05 PM
im more concerned about the limits...having to send paperwork each time you get a payment seems like a hassle

JasonEMC 10-26-2010 03:21 PM
Quote:
Originally Posted by Phoenix (Post 17643271)
im more concerned about the limits...having to send paperwork each time you get a payment seems like a hassle
Let me clarify, you can receive any amount into the eWallet. If you want to move more than $10K at a time you will be asked to provide a government issued ID along with a Utility Bill matching the name on the ID. This will only need to be provided ONCE, not each time.

JasonEMC 10-26-2010 03:29 PM
Also, if anyone wants to contact me directly with questions/comments/concerns, feel free...
icq - 426 125 867
jason at emc2billing dot com
877 790 5126 x701

Phoenix 10-26-2010 03:32 PM
Quote:
Originally Posted by JasonEMC (Post 17643327)
Let me clarify, you can receive any amount into the eWallet. If you want to move more than $10K at a time you will be asked to provide a government issued ID along with a Utility Bill matching the name on the ID. This will only need to be provided ONCE, not each time.
ok that is a bit better

so....when a webmaster...who gets say a 13k payment
needs to send in docs...once you have them they are cleared to get more payments of similar size without sending docs again

and they can take money out daily if they wish, but if they want to take more then 3500 out they need kyc paperwork?

greenlab 10-26-2010 03:34 PM
Quote:
Originally Posted by JasonEMC (Post 17643356)
Also, if anyone wants to contact me directly with questions/comments/concerns, feel free...
icq - 426 125 867
jason at emc2billing dot com
877 790 5126 x701
Hi Jason, do you also have a EUR card ? On the website i only see a USD Visa...

If you have an EUR card what are the fees for it ?

Can we load the Ewallet in EUR via Wire ? (business account)

Agent 488 10-26-2010 03:57 PM
seems like some bro bullshit. and as everyone has learned last few years - when the bros praise, run the other direction.

http://saltydroid.info/the-internet-...ing-syndicate/

JasonEMC 10-26-2010 04:50 PM
Quote:
Originally Posted by Phoenix (Post 17643367)
ok that is a bit better

so....when a webmaster...who gets say a 13k payment
needs to send in docs...once you have them they are cleared to get more payments of similar size without sending docs again

and they can take money out daily if they wish, but if they want to take more then 3500 out they need kyc paperwork?
If you have an active EMC2Payouts eWallet account you can receive any amount into the eWallet, without additional docs. If you?re taking OUT more than $10K in one transaction from the eWallet, you have to send in those docs.

For the Visa Debit Card only, users can load $3500 onto the card any number of times during the month, but can only have a maximum of $8K on the card at any given time. If users want to be able to have more than $8K on the card at any given time, up to $25K, the additional docs are required.

JasonEMC 10-26-2010 05:10 PM
Quote:
Originally Posted by greenlab (Post 17643372)
Hi Jason, do you also have a EUR card ? On the website i only see a USD Visa...

If you have an EUR card what are the fees for it ?

Can we load the Ewallet in EUR via Wire ? (business account)
Hi Greenlab - We offer the choice of a US or an International card. The International card can be in either USD or EUR. When you login to your account you can click on "Request Card" --> "Order a Prepaid Card". The next screen will allow you to choose between VISA USA or VISA INTERNATIONAL.

A new fee schedule will be posted shortly with rates as low or lower than the other cards out there.

Just a note, the prepaid card is not necessary when using the EMC2Payouts solution. Check out the eWallet to bank transfer feature as well.

JasonEMC 11-11-2010 03:22 PM
Quote:
Originally Posted by greenlab (Post 17643372)
Hi Jason, do you also have a EUR card ? On the website i only see a USD Visa...

If you have an EUR card what are the fees for it ?

Can we load the Ewallet in EUR via Wire ? (business account)
You can now find all three options: Visa USA, Visa International USD, and Visa International EUR in the Card Type drop down menu. The fees are the same for both USD and EUR cards.

Cards can be ordered and received quickly, in 7-10 days from your EMC2Payouts E-Wallet account online with an initial card limit of $8000, which can easily be upgraded to $25,000+.


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