Thread: Cash X
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Old 10-11-2010, 11:05 AM  
CashX
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Join Date: Sep 2010
Location: Canada
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Quote:
Originally Posted by tube2k View Post
No disrespect intended but I feel like your answer beat around the bush for every question I asked aside from the address verification and account verified portions of my last post.

That's pretty much shooting themselves in the foot (in re: to not being good enough for the gov), isn't it? They issue IDs based on your identity and address information, you can walk into any US bank and get an account with your ID and social, but yet your ID isn't good enough for the gov when it comes to an online account thru a company who doesn't ask for your social security number, but yet wants 2 forms of address verification?

Again, what happens if Moneybookers folds or gets shut down by the gov due to its affiliation with online gambling sites? If they're your mastercard processor and they're the ones who handle the funds on the mastercard side of things, is my card yet another broke POS like epass card is? I see all this blah blah blah about money laundering when I go to the moneybookers site, but if another user already reported an issue while trying to load their cashx account thru their credit card, who's to say that more issues won't arise in the future?

And finally, again, what about these steep fees? I know a lot of people are going to be turned off simply by the fees. We knwo how companies like this make a majority of their money, can we cut back on the sharking for a second to provide a potentially large group of users with more cost-friendly payment solutions?
Beat around the bush? I have explained to you exactly what takes place with our processes.

As to your Address verification, I did not say is it is NOT good enough, but as we are not dealing with you face to face like you would with your bank, and also that people do move around, all we ask is for a current mailing address, and we do this by sending out a letter to you to verify. If you deal with other payment processors, they will ask you to scan and upload a document to verify your address and that is matches your DL. The only difference here is that we mail you a letter.

Moneybookers is used to process credit card payments and has nothing to do with the loading of funds onto your CashX Prepaid card.

Steep fees? As you can see from our services fees page, it is FREE to send or receive funds using CashX! You can do a withdrawal to your bank for $2 so if your Affiliate Program pays you through CashX, all it has cost you is Two Bucks!
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