Why is Paycom booting Epassporte not bigger news?
 

Hi everyone. I just got the email from Paycom about them no longer paying by epassporte. I believed it to be big news and was seriously expecting to see a discussion about what happened here. Instead there are 2 small threads about it.

Am I the only one that thinks this is big news? As a customer of both companies it worries me when something like this happens. The only logical explanation I can figure out is that this is an accounting decision more than anything.

I know alot of people here like to talk shit about Epass. Truth is affiliates love it and this is big news for alot of people. Alot of companies are not pleased about this. Not only that I'm quite sure this has some major tax implications for ALOT of webmasters.

So my question is why is this not a bigger topic of discussion?

Were they charging you the 5 % too load it in your epass ? If not, that's the reason... since both compagnies split up...

I don't know if webmasters realise, but this mean that there will probably be some sponsors not paying epass anymore

Bingo! It is a HUGE HUGE hit for epassporte. It surprises me that paycom has dealt a blow like this to Chris and Epass. That's why i'm curious as to why more people don't care about this. It doesn't make any sense to me. This is big news.

Good thread, I am wondering the same exact thing myself.

Epass & Paycom are seperate companies. I don't see why this would affect webmaster payments.

We will be carrying on business as usual, paying weekly by epassporte and even still paying by paypal :)

i dont follow.
how does this effect sponsors getting money directly from paycom via wire and then paying by epass themselves? it shouldnt right?

duke

I think this is significant news too. I'd like to hear from epassporte on the subject

Steve Lightspeed

It would be nice to see what the problem is, and why Epoch made this decision.

Does not one bit. However for those that were paid their $$$ from paycom directly to epass it changes things.

The owner of ePassporte, Chris Mallick, might be here to explain, he'll start off with his usual "Sorry I was on business in Europe".

I don't understand how this is going to effect people getting paid by epassporte?

As someone who uses Epassporte to keep their affiliates happy do you not think this is big enough news to question? If paycom made this decision because they feel Epassporte is unfit to do business with is this not big news? As someone who does business with both I would think you'd like to know what's happening.

Does anyone from Paycom even post on GFY?

it depends on the reason really....if paycom just wanted to be bitter about the split they could stop doing epassporte just out of spite
but if it truely is because they don't think epassporte is a professional and well run company, then that is HUGE, and I think more webmasters and people who use epassporte should be standing up and shouting for the truth

but no, no one will do anything but bitch on a forum.....that is all anyone ever does....remember when PIBCash got caught shaving? who sued them? who took them to court? who notified the authorities? LOL...nobody

Ultimately it may not. There are two things to consider that may effect people getting paid by epassporte.

1. Paycom used to send payment directly to Epass for paysite owners. That made using epassporte easy and efficient. Epass is an off shore company and I'm sure many companies took advantage of this. Now all of a sudden paying webmasters thru epassporte is a little more difficult and definitely more expensive for these companies. Knowing our industry when something is difficult and more costly it usually means companies will try to avoid doing it.

2. If this is about something bigger. if paycom is discontinuing doing business with epassporte as a service to their clients then that is HUGE news and that will definitely effect payouts. I hope this is about something else, but let's say paycom feels epassporte's future isn't bright. Let's say they know something we don't. This is big news. I hope that isn't the case, but how can a webmaster not ask those questions?

We posted close to the same thing and the same time :thumbsup

These are assumptions and don't tell me anything. Like with any offshore payment option that you barely know any important things you take some risks. Today I read here that possible epassporte has banking license (which im sure doesn't), later i read a financial license which I find it possible, but I wouldn't take any bet on it.

Not trying to put anyone down, the contrary, I don't think epassporte status in real terms changed by epoch's decision.

stuff happens... it seems like a big mistake on the part of paycom however

I heard a pirate was going to topple ePassporte. I still believe it was/is vaporware.

I predicted this months ago and was called an idiot.

ppl are here to see tits not biz threads. get with the program! :winkwink:

I think it's personal. If it is I think it would do Epass a HUGE benefit to just come out and say: 'Look Paycom is pissed that Chris left. It's a bitter break up. Now they are trying to hurt us by not paying webmasters via epassporte. Fine. We are here. We are secure and we aren't going anywhere.'

Personally I'm just surprised that something this big seemingly got pushed under the rug. GFY has alot of bs but it does have alot of webmasters reading as well. It wouldn't hurt anyone for Chris to come in and post an update on the situation. I'm not calling Chris out by any means. But as someone with a shitload of money in Epassporte and that relies on keeping my affiliates happy with Epassporte I'd just like to know WTF is up.

I'm here to make $$$$$$ as are many of the intelligent people that don't come out and post. I'll stick with my current program :winkwink:

you predicted epass going out of business? Or paycom booting them?

I don't think epass is going anywhere. It's just a result of the split.

How so? A program isn't going to leave paycom because of this. There is only ccbill as an alternative and they don't pay by epass either. Paycom loses nothing from this move.

I think some stuff is going on behind the scenes

link please

I guess not :disgust

We sent our collections agency after them... Still yet to be paid. :(

DH

Here is why it will hit SOME sponsors:

Paycom (used to) pay directly into their business epass account.
Sponsors could use automation scripts on the b2b and mass send tool to automate Epass payouts ... so no human intervention was requied to pay out an affiliate. Now that sponsors need to have the wire sent to a *real* bank account means it adds a delay to getting money into the epass business account since they can only be loaded by WIRE. This also adds an extra cost to the sponsor from receiving the innitial paycom wire, then re-wiring it to Epassporte (matching the companies too!), also paying an incoming Epass wire fee and waiting for the funds to clear. For sponsors that use INTL wire accounts this adds at least 4-5 days of delay, AND the time to send a wire. Add in the delay for the customer service over there to read the incoming fax document and you've got yourself a good 7-9 day delay

Not really a big deal, but it's another fucking hastle to manage.


I have a feeling they are stopping Epass payments because the companies are definately splitting entirely. Paycom->Epass payouts were linked somehow in their system because payouts usually happened within 30minutes of the pay out time from Paycom... and now that their systems are not intertwined they are unable to do this without extra effort. Or legally..or something..who knows.....

I'll also put a dollar on Epass and Paycom separating so when Epassporte goes big time public (maybe even stock exchange listings?) there is no "dirty" associations with PORN and its clean..has a good rep and can be sold for a premium amount.

Then again....I could be entirely wrong... would love to hear something from Epassporte and Paycom ;)

very bad news :(

Epoch Systems and Paycom EU do not publicly discuss the reasons for its business decisions. However, we assure you that Epoch Systems and Paycom EU will continue to do what we believe is in our clients' and our company's best long-term business interests.

We have a lot of money with epassporte as well, I'm a huge fan of Chris and his company. But I would like to know what is up as well...

DH

Rand, do you have an icq# ?

You know whats funny? the bold text


"We would like to inform you that Epoch Systems and Paycom EU will no longer offer ePassporte as a method of payment disbursement. This change is effective immediately.

If you are a client of Epoch Systems or Paycom EU who currently receives payment disbursements via ePassporte, please contact [email protected] to make other payment arrangements.

Epoch Systems and Paycom EU are committed to providing the most reliable and valuable services to its clients by focusing on products and features that ensure continued long-term stability for your business. "



thats like saying, EP is going out of the biz anyway, so we wont use them aymore

I do. But I'm not prepared to offer any additional information regarding this decision.

Although I'm not at all surprised that this subject is being debated on the boards, we did not take this announcement to any webmaster BBS for discussion. We sent the notice to our clients only. Clients who have specific questions may respond to the email they received and we will answer any concerns in the next few days.

"The core issues about Epassport is a question of whether or not they are in adult to stay or just using it a spring board only to do a PAYPAL stunt in the future.

Integration into a system is not easy and to have the plug pulled even a year or two down the line aint worth it." I said this on 06-08-2004

http://www.gofuckyourself.com/showth...ight=Epassport

And the time still passes and things are piecing together.
Read it for what it is, its not a huge read.

But hey I am just an eccentric moron people wish would go away...:1orglaugh

PS: Don't get me wrong I like Chris Mallick, I admit to have raged negatively about Epassport in the past, but it goes with much consideration. Adult Transactions are nothing to Epassport. They do not need them.

So the rest of this will spell itself out over a little more time.

Well Paycom dumped Epassporte not the other way around. I see your point however this is going to put a serious dent in the $$$ running thru epassporte monthly and hurt their overall value. Not only that but 3 years ago paypal was way more advanced, fuctional and popular than epassporte is today.

I may be wrong but I can't say that any of epassporte's recent moves indictate they are moving towards going public. As far as I can tell the majority of their business is webmasters paying webmasters. If epassporte decided no more adult they'd lose almost all their business. Again I may be wrong that just seems to be the situation.

Where else have you seen epassporte being used? All I see is Casinos and Adult using epass.

Results 1 - 10 of about 170,000 for Epassporte.

Results 1 - 10 of about 46,300,000 for PayPal.

What would you do if you were Chris Mallick?
Numbers dont lie.

Actually, the matter I need to discuss with you (or someone that works for Paycom/Epoch) has nothing to do with any of this epassporte stuff. If you have time, would you mind hitting me up on icq or email?


28747-4317

or

EdgeFX (at) gmail.com

Results 1 - 10 of about 1,260,000 for twistys

What should i do? :thumbsup

I would improve my product and try to expand my client base.

Dumping adult would not expand his client base.

This paycom move is not about epassporte leaving adult. Don't think for a second it is. I can't see Chris leaving our industry. If anything he'd spin off an adult only epass version to continue getting that business.

Get More Domains:)
Thats your next key to driving more internal sales.

Thats what I would do.

Well Chris only option to expanding his client Base is through Mainstream based transactions. Clearly the results even on Google prove that there is enormous opportunity and potential for mainstream growth.

Paycom issue can be viewed as "Convenient".

Adult Transactions are often a casualty in processing.

I think anyone in Processing will attest to that, its high risk and complicates banking relations.

:thumbsup

Maybe you should.. :2 cents:
I'm not assured, it sounds like epassporte is switching to non-adult and we are left in the dark. It might be in your "long term business interests" but it doesn't sound like its in ours.. Sounds like its already going to cause delays in payments and that doesnt sounds like a good "long term business" move..

its not about leaving adult...epoch/paycom is adult, too...Its leaving a not so reliable company.