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Originally Posted by PXN
Don't mean to bust your balls but your so wrong. Due to recent Epass events, this is another reason not to send your money to another offshore bank. If we learn anything from epass this is it, plain and simple.
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As far as I know right now people with Epassporte Visas are in a better position getting their money then the people who have funds in the E-Wallet.
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Furthermore, their money are insured, so that if PimpRoll for example send in 20K to pay their affiliates and the bank go bust they are protected. So it understandably why they aren't willing to sign up with anyone yet as I'm sure they lost a lot from the Epass mess.
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I don't know why you bring up the FDIC insured issue all the time. I am sure Epass also held a lot of their money in an FDIC insured bank and what happened? It only protects you from the bank going belly up and that's it. You make such a big deal about it and portray this as if FDIC will pay people if CashX decided to run away with the money, the government will pay for it. (I am not saying CashX will do so)
Now most of the webmasters realize that a chance of having the Bank disappearing is dramatically lower then E-Wallet company taking the funds and closing the shop. So with our solution we allow them to withdraw their funds faster, thus reducing their risks.