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Old 10-15-2010, 01:11 PM  
Steve-Paxum
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Join Date: Sep 2010
Posts: 31
Quote:
Originally Posted by Shap View Post
I don't think will doesn't like you guys as much as he doesn't trust a company that pops out of nowhere and asks people to let them manage their money.

I have to add I love how people think receiving a paxum card and testing it means everything is good to go. Anybody starting an epass alternative will have everything running when you test it. How safe is your money that is the real question.
Shap I agree that it might look that way. But there is nothing we can do to prove that we are here for the long run and have no intention of screwing people. We have been wanting to launch after the new year and knew it would be a tough battle to win people over from Epass. With Epassporte gone, we couldn't delay the launch. This whole situation made us grow enormously the past 20 days since we have been open to the public. If I were Chris Mallick and lost all epass money due to bad investments, I would find the money somewhere to compensate the loss by selling a part of my business, but i would definately keep the cash flowing. What he did to the company can't be explained and his unlogical decision will hunt our company for a long period. Thats why we also want people not to use us as a bank. Get the money and withdraw it asap. Dont keep it there for long. Since this way we also protect ourselves in the case where our bank loses its ability to work with MC. The less cash that is sitting in the prepaid card accounts, the easier it is to comensate that loss with our own funds.
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