One thing I learned from Epass & Paypal and will keep in mind with Payoneer & Paxum... - GoFuckYourself.com

MaDalton · 09-29-2010, 04:14 PM

whenever i received money on epass or paypal in the past, i withdrew the money as quick as i could. this brought me through blocked papyal accounts and made me lose $12.40 on epass.

both payoneer and paxum look like something i could for my business and i opened accounts on both. but i will stick to my rule above and NOT keep any money in them. and i think as long as you stick to this rule your possible loss is bearable. besides that i suggest getting a real bank account to those who don't have one yet.

bufferover · 09-29-2010, 04:16 PM

Good tip

PornMD · 09-29-2010, 04:17 PM

Quote:

Originally Posted by MaDalton

whenever i received money on epass or paypal in the past, i withdrew the money as quick as i could. this brought me through blocked papyal accounts and made me lose $12.40 on epass.

both payoneer and paxum look like something i could for my business and i opened accounts on both. but i will stick to my rule above and NOT keep any money in them. and i think as long as you stick to this rule your possible loss is bearable. besides that i suggest getting a real bank account to those who don't have one yet.

Word...especially with the Epass stuff happening lately, it's more clear than ever that these places are definitely NOT banks and should never be treated as such. The only time I ever keep money in PayPal even is if I know I'll be using it in the next week.

CYF · 09-29-2010, 04:17 PM

if there's no money in the account, there's nothing to lose

fatfoo · 09-29-2010, 04:20 PM

Quote:

Originally Posted by MaDalton

I suggest getting a real bank account

Of course, money from online payment methods has to be transferred to accounts in major banks - these are the safest accounts.

garce · 09-29-2010, 04:28 PM

I only left money in Epass to pay for hosting, or if there was a script/service I wanted to buy. I've lost $204, but only because my account was blocked the day before my hosting bill was due.

The week before, though, there were a few scripts I was considering buying. I ultimately decided to put the purchases off and removed the cash, so I got a bit of a break there.

Tempest · 09-29-2010, 04:28 PM

I was on my way out to withdraw from epass as I also made it a habit of not keeping much in there.. logged into my account to transfer money from the wallet to the card.. And there was the message... Great timing for me.

MaDalton · 09-29-2010, 04:30 PM

Quote:

Originally Posted by garce

I only left money in Epass to pay for hosting, or if there was a script/service I wanted to buy. I've lost $204, but only because my account was blocked the day before my hosting bill was due.

The week before, though, there were a few scripts I was considering buying. I ultimately decided to put the purchases off and removed the cash, so I got a bit of a break there.

here's another good thing to learn from this: don't make your business depend on services like this - pay your hosting and domains with regular creditcards attached to your bank account.

SureFire · 09-29-2010, 04:43 PM

Quote:

Originally Posted by MaDalton

here's another good thing to learn from this: don't make your business depend on services like this - pay your hosting and domains with regular creditcards attached to your bank account.

Or use a real credit card (visa, mastercard, AE or discover) and pay the balance when due from your checking account

MaDalton · 09-29-2010, 04:52 PM

Quote:

Originally Posted by SureFire

Or use a real credit card (visa, mastercard, AE or discover) and pay the balance when due from your checking account

yeah, ok, i forgot that things work differently in the US. here in Europe they usually take the money you spent with your creditcard automatically from your bank (checking) account 30 days later. no choice involved

Jarmusch · 09-29-2010, 04:59 PM

It can be tricky to never keep cash in these accounts if you're withdrawing in euros. You have to know how much to pull based on that day's exchange rate.

And these epass alternatives charge you for checking your balance at the ATM and also charge you for declined transactions lol.

Nikki_Licks · 09-29-2010, 05:05 PM

Quote:

Originally Posted by MaDalton

whenever i received money on epass or paypal in the past, i withdrew the money as quick as i could. this brought me through blocked papyal accounts and made me lose $12.40 on epass.

both payoneer and paxum look like something i could for my business and i opened accounts on both. but i will stick to my rule above and NOT keep any money in them. and i think as long as you stick to this rule your possible loss is bearable. besides that i suggest getting a real bank account to those who don't have one yet.

Sound advice

SteveHardeman · 09-29-2010, 05:07 PM

You think the guys from the new ibill will wait a few years and then start a new division called epassport?

MaDalton · 09-29-2010, 05:10 PM

Quote:

Originally Posted by Jarmusch

It can be tricky to never keep cash in these accounts if you're withdrawing in euros. You have to know how much to pull based on that day's exchange rate.

And these epass alternatives charge you for checking your balance at the ATM and also charge you for declined transactions lol.

honestly - i never paid attention to the exchange rate. the risk of losing my money compared to losing or winning a few dollars always appeared more crucial to me.

and with epass i always went to the website first and checked how much money i can withdraw - so fees for checking balance or declined transactions could never happen to me

Denis_SC · 09-29-2010, 05:23 PM

Quote:

Originally Posted by MaDalton

whenever i received money on epass or paypal in the past, i withdrew the money as quick as i could. this brought me through blocked papyal accounts and made me lose $12.40 on epass.

both payoneer and paxum look like something i could for my business and i opened accounts on both. but i will stick to my rule above and NOT keep any money in them. and i think as long as you stick to this rule your possible loss is bearable. besides that i suggest getting a real bank account to those who don't have one yet.

Will be my strategy from now on.

bolsex · 09-29-2010, 05:28 PM

100% agree!!!

woj · 09-29-2010, 05:30 PM

I was going to post "captain obvious" pic, but I guess your strategy wasn't so obvious to many epass users

Helix · 09-29-2010, 05:43 PM

trust no one

Grapesoda · 09-29-2010, 06:16 PM

Quote:

Originally Posted by MaDalton

here's another good thing to learn from this: don't make your business depend on services like this - pay your hosting and domains with regular creditcards attached to your bank account.

yes this is what i do and I use wire transfer from clients to get paid. I do put $$ in papal on occasion to pay model referrals though not much at a time. do you think epass is done? I sure hate to see people lose coinage

Chosen · 09-29-2010, 11:23 PM

Agreed

HerPimp · 09-29-2010, 11:29 PM

many of us had money sitting in epassporte to do business with one another...

Rangermoore · 09-29-2010, 11:35 PM

Only a Fool would leave more than a few dollars in an online account that YOU HAVE NO CONTROL over... It's not like a bank that is insured and you can walk into... People that lost money with epass just got scammed.. Wake up, Live and Learn people.. You were outsmarted...

Steve-Paxum · 09-30-2010, 12:01 AM

Quote:

Originally Posted by MaDalton

whenever i received money on epass or paypal in the past, i withdrew the money as quick as i could. this brought me through blocked papyal accounts and made me lose $12.40 on epass.

both payoneer and paxum look like something i could for my business and i opened accounts on both. but i will stick to my rule above and NOT keep any money in them. and i think as long as you stick to this rule your possible loss is bearable. besides that i suggest getting a real bank account to those who don't have one yet.

Paxum doesn't benefit at all when you keep money in Paxum. We make money only when you withdraw it, so we would even encourage people to take money out as soon as they can.
We are not investing money of Paxum users in some risky ventures so no need for us to keep millions of dollars in Paxum accounts.

-=Agony=- · 09-30-2010, 12:18 AM

Withdrew money as quick as you could. Keep money in your socks! ;)

Davy · 09-30-2010, 01:04 AM

Do you have a "real" US bank account, MaDalton?

v4 media · 09-30-2010, 01:09 AM

i always clear off my balances leaving just enough to cover the next months hosting bill.

seeandsee · 09-30-2010, 03:28 AM

best tip ever, clean the money out!

cordoba · 09-30-2010, 03:29 AM

Do I need an actual buisness account in order to cash cheques (from sponsors) regularly? I have two current accounts with High Street Banks here in the UK and since epass died I've been cashing them there. Someone has told me that I could have my current account closed if I'm using it for buisness, but I don't want the hassle and fees of setting up a buisness account.

MaDalton · 09-30-2010, 09:24 AM

Quote:

Originally Posted by Davy

Do you have a "real" US bank account, MaDalton?

no - but a real czech bank account - never had any problems sending or receiving money. only ACH does not work

notime · 09-30-2010, 10:15 AM

Quote:

Originally Posted by MaDalton

no - but a real czech bank account - never had any problems sending or receiving money. only ACH does not work

I just send you a wire too

As easy as epass; filled in the amount, click on your name and press send.
Voila!

_Richard_ · 09-30-2010, 10:49 AM

Quote:

Originally Posted by MaDalton

whenever i received money on epass or paypal in the past, i withdrew the money as quick as i could. this brought me through blocked papyal accounts and made me lose $12.40 on epass.

both payoneer and paxum look like something i could for my business and i opened accounts on both. but i will stick to my rule above and NOT keep any money in them. and i think as long as you stick to this rule your possible loss is bearable. besides that i suggest getting a real bank account to those who don't have one yet.

extremely good advice.

blonda80 · 09-30-2010, 12:14 PM

i never kept money on epass but i am still dreaming at my $19

MaDalton · 09-30-2010, 02:14 PM

Quote:

Originally Posted by notime

I just send you a wire too

As easy as epass; filled in the amount, click on your name and press send.
Voila!

and surprisingly it's already there - same day - thanks a lot!

notime · 09-30-2010, 02:55 PM

Quote:

Originally Posted by MaDalton

and surprisingly it's already there - same day - thanks a lot!

New banking rules set by EU goverments, banks can no longer "stall" wires. Finally.
They need to be instant within a country or within 2 days in EU I recall

Politicians are now focussed on bankers integrity since the "thing" with their subprime loans fucking up the economy.

uno · 09-30-2010, 03:43 PM

I always remove money immediately from epass/paypal. I got an ACH withdrawal from VV in Epass about an hour before shit went down. I withdrew the money about 3 minutes after it was received. I only lost $3. I can live with that.

09-29-2010, 04:14 PM	#1
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,822	One thing I learned from Epass & Paypal and will keep in mind with Payoneer & Paxum... whenever i received money on epass or paypal in the past, i withdrew the money as quick as i could. this brought me through blocked papyal accounts and made me lose $12.40 on epass. both payoneer and paxum look like something i could for my business and i opened accounts on both. but i will stick to my rule above and NOT keep any money in them. and i think as long as you stick to this rule your possible loss is bearable. besides that i suggest getting a real bank account to those who don't have one yet. __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

09-29-2010, 04:17 PM	#4
CYF Coupon Guru Industry Role: Join Date: Mar 2009 Location: Minneapolis Posts: 10,973	if there's no money in the account, there's nothing to lose __________________ Webmaster Coupons Coupons and discounts for hosting, domains, SSL Certs, and more! AmeriNOC Coupons \| Certified Hosting Coupons \| Hosting Coupons \| Domain Name Coupons

09-29-2010, 05:07 PM	#13
SteveHardeman Confirmed User Join Date: Jul 2008 Location: Atlanta Posts: 1,728	You think the guys from the new ibill will wait a few years and then start a new division called epassport? __________________ BrokeAmateurs And ErosPOV And GirlsGoingSolo And PureAshley Sign Up At AmateursConvert.com Questions? I-C-Q: 3Five1FiveFive3476

09-29-2010, 05:30 PM	#17
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	I was going to post "captain obvious" pic, but I guess your strategy wasn't so obvious to many epass users __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

09-29-2010, 05:43 PM	#18
Helix Confirmed User Join Date: Feb 2002 Location: Michigan Posts: 5,959	trust no one __________________ Free jscott !!! Free OneHungLo !!! Free Baddog !!!

09-29-2010, 04:16 PM	#2
bufferover Too lazy to set a custom title Industry Role: Join Date: Jan 2004 Posts: 25,203	Good tip

09-29-2010, 04:28 PM	#6
garce Confirmed User Industry Role: Join Date: Oct 2001 Location: Toronto Posts: 7,103	I only left money in Epass to pay for hosting, or if there was a script/service I wanted to buy. I've lost $204, but only because my account was blocked the day before my hosting bill was due. The week before, though, there were a few scripts I was considering buying. I ultimately decided to put the purchases off and removed the cash, so I got a bit of a break there.

09-29-2010, 04:28 PM	#7
Tempest Too lazy to set a custom title Industry Role: Join Date: May 2004 Location: West Coast, Canada. Posts: 10,217	I was on my way out to withdraw from epass as I also made it a habit of not keeping much in there.. logged into my account to transfer money from the wallet to the card.. And there was the message... Great timing for me.

09-29-2010, 04:59 PM	#11
Jarmusch Industry Role: Join Date: May 2003 Posts: 12,464	It can be tricky to never keep cash in these accounts if you're withdrawing in euros. You have to know how much to pull based on that day's exchange rate. And these epass alternatives charge you for checking your balance at the ATM and also charge you for declined transactions lol.

09-29-2010, 05:28 PM	#16
bolsex Confirmed User Industry Role: Join Date: May 2002 Posts: 717	100% agree!!!

09-29-2010, 11:23 PM	#20
Chosen VIPPay.com \| AdultWebSponsors.com Industry Role: Join Date: Aug 2001 Posts: 63,151	Agreed

09-29-2010, 11:29 PM	#21
HerPimp Confirmed User Industry Role: Join Date: Mar 2006 Location: Earth Posts: 1,197	many of us had money sitting in epassporte to do business with one another... __________________

09-29-2010, 11:35 PM	#22
Rangermoore Confirmed User Industry Role: Join Date: Jan 2009 Location: EVERYWHERE Posts: 1,541	Only a Fool would leave more than a few dollars in an online account that YOU HAVE NO CONTROL over... It's not like a bank that is insured and you can walk into... People that lost money with epass just got scammed.. Wake up, Live and Learn people.. You were outsmarted...

09-30-2010, 12:18 AM	#24
-=Agony=- Confirmed User Join Date: Feb 2008 Posts: 118	Withdrew money as quick as you could. Keep money in your socks! ;) __________________ Pay Sex Movies and Pix Group Sex TGP - submit your gallery

09-30-2010, 01:04 AM	#25
Davy Confirmed User Industry Role: Join Date: Apr 2006 Location: Germany Posts: 4,323	Do you have a "real" US bank account, MaDalton? __________________ --- ICQ 14-76-98 <-- I don't use this at all

09-30-2010, 01:09 AM	#26
v4 media Confirmed User Industry Role: Join Date: Feb 2005 Location: Spain Posts: 2,934	i always clear off my balances leaving just enough to cover the next months hosting bill.

09-30-2010, 03:28 AM	#27
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	best tip ever, clean the money out! __________________ BUY MY SIG - 50$/Year Contact here

09-30-2010, 03:29 AM	#28
cordoba Confirmed User Join Date: Feb 2010 Posts: 1,213	Do I need an actual buisness account in order to cash cheques (from sponsors) regularly? I have two current accounts with High Street Banks here in the UK and since epass died I've been cashing them there. Someone has told me that I could have my current account closed if I'm using it for buisness, but I don't want the hassle and fees of setting up a buisness account.

09-30-2010, 12:14 PM	#32
blonda80 FOR HIRE: AFF Manager Industry Role: Join Date: May 2006 Location: EU Posts: 10,959	i never kept money on epass but i am still dreaming at my $19 __________________ Weekly Paying Affiliate Program with Dating Cam Offers! TrafficGoldmine.com is the official home of HookUP.com They offer payments by PayPal, Paxum, BTC, Bkash, Webmoney & more!

09-30-2010, 03:43 PM	#35
uno RIP Dodger. BEST.CAT.EVER Industry Role: Join Date: Dec 2002 Location: NYC Area Posts: 18,450	I always remove money immediately from epass/paypal. I got an ACH withdrawal from VV in Epass about an hour before shit went down. I withdrew the money about 3 minutes after it was received. I only lost $3. I can live with that. __________________ -uno icq: 111-914 CrazyBabe.com - porn art MojoHost - For all your hosting needs, present and future. Tell them I sent ya!