Epassporte's biggest fee yet? You thought $5 was bad
 

"8. Account Closing Service Fee. If Your Account is closed by Us and there are funds remaining in Your Account, We reserve the absolute right to charge Your Account an Account Closing Service Fee up to the balance in Your Account."

Just remember folks, the T&C you didn't read but agreed to 5 seconds later allows them to keep all your money if they decide to can your account. :winkwink:

fuckers....

Wow, that's ballsy.

Brad

It sounds a bit reminiscent of paypal. I wonder why all the big changes.

The valid reasons of canning the account are very select, so nothing to worry about unless you are in the using epass for fraud purposes.

So what happens if someone cracks your account and uses it for "fraud purposes" ? You get bent over and fucked twice.

I seriously doubt that particular clause would hold up in a courtroom. But that is little consolation, because the real insecurity of dealing with companies like EPassporte is not their terms of service (however one sided), but their lack of accountability.

As has proved the case with almost all the payment processors and sponsors who have gone to the wall to date, by the time anything nasty affects more than isolated individuals, the cupboard is empty. Even were it not, issues such as cost and jurisdiction make any action impractical for the vast majority of people doing business with them.

I am not suggesting that companies setting themselves up offshore, using PO boxes, shell corporations, etc, all do so with the intention of running away in the event of problems. On the other hand, such companies should not inspire the same confidence as those which conduct themselves out in the open, as it were. I am amazed at people who actually brag how much money they have sitting with EP (and I'm sure others are in a similar position with other operations to which the same comments would apply).

:Oh crap...!!

Yea, but it's not exactly hard to pull out the fraud card if they want to find an excuse to close down your account...

"Due to number of complaints and your suspicious activity, we were forced to close down your account and seize all your funds. If you have any questions, feel free to contact our support department, but keep in mind the decision is final, you will just be wasting your time. Have a nice day."

Nothing to gain really.

That sucks, but if you use it right it really should never be an issue

Please pay me by check.

:)

bump5678

damn thats harsh

For all the people saying that there is nothing wrong with this banks can't do it so why should an internet bank get away with it?

damn that sucks

The folks at ccbill or something should start a service like paypal/epass. I refuse to use epassporte for anything because I see nothing but negative shit about them.

thats why always keep lo lo balances

That's really shitty

You would have to be doing something seriously fraudulent for Epass to do something like this. Don't get your tighty whiteys in a bind people ;)

DH

TOS get changed not because the lawyers have nothing what to do but rather people abusing a service and that calls for changing a TOS

I highly dount a normal legit account will just get closed and the money taken

For example AOL must of changed their TOS at least 500 times since they started, when you start a business you give everyone the benifit of the doubt then you start getting fucked and you have to change your attitude.

I guess epass members never get hacked, and epass never make mistakes...

Safe side? lol

Well said.

But does it mean start fucking those who don't know how to fuck?

that's why i try not using epass unless its necessary.

if someone used your account for "fraudlent purposes" somehow I doubt there would be enough money left in there for you to really care about.

If you use epass for what it is intended for (a way to get small to medium amounts of money from point A to point B), and don't let the cash pile up for months at a time, you should never have an issue.

Your daily withdrawl limit should be a pretty good indication to you as to what level of money you should ever have in an epass account... maybe double that?

When I hear of people taking 5k and 10k payments via epass, I just wonder what they heck they are thinking. There is a thing called bankwires, or checks and fedex.

omg... time to withdraw money.

true:321GFY

This is why I don't use services like PayPal or ePassporte. I mean, it's just a matter of time before people get too greedy and figure 'hey, we're not accountable because of our TOS, so why not?'

I mean, I'm sure there was a time when people trusted PayPal. I know I sure don't anymore.

so what do you guys suggest to use aside from epass?

Just folllow the epass rules and everything will be good :)

seems like a fucked up rule :\

in theory or they could just start tking people's money..

Everyone said and says the same thing about paypal, yet there are people like me who just got plain robbed by them..

If they didnt have that in their terms and someone cimmited "fraud" they wouldnt get to keepthe money anyways so why add this ?

Banks dont have this clause, credit card companies dont have an open ended clause like this so why have it..

Obvioulsy they didnt just add this clause to rip people off. i will explain in short why they did it ( imo). If someone has 5000 in their account and they commit a $200 fraud of some sort that leaves 4800 that epass cant spend and the account holder cant spend = $4800 in limbo.. additionally , iin investigating the fraud epassporte incurs charges ( time/manpower ) its only fair they are compensated for their time..

the problem is it would have been easy to write in a clause outlining these costs/procedures.. the way they have it now they can close your account because you have brown hair.. and take all your money , and you have no legal recourse

You could walk into any bank in america rob them at gunpoint , kill several tellers, and they STILL wouldnt be able to simply TAKE the money in your bank account

It's scary but doubtful. However, with that being said, entirely possible. I would like to know why they changed the transaction amounts and without warning. It's going to take me almost 3 months to withdraw the funds that are in there now as apposed to 3 days....anyone else have similiar issues and have them fixed?

i hadnt noticed that . what did they change them too ?

epassporte rules...i lve them.

dont worry abvout your funds unless you are being a dickhead.
there are procedures in place if you fall t hrough the cracks...have faith

They certainly dont need to steal anyone's money

are they fdic insured?

From $5k per transaction and $5k per ATM withdraw to $300 for both.

No limits have been changed.
Look under "Account Balance" your limits is shown there.

:Oh crap :Oh crap :Oh crap

i wouldn't accept anymore then my daily withdrawl limit as i won't keep anymore then $50 in both epass or paypal

The only places in our Terms and Conditions we reserve the right to close your account is if:
You load your account with fraudulent funds, violate the Terms or Conditions, we are told by a court of competent jurisdiction or your account is compromised.

Why we reserve the right to close an account in the first 3 situations is a no brainer.
We also reserve the right to close a compromised account, because the card information have been compromised in these case the card holder will be asked to open a new account and we will transfer the funds there.

I hope this answer your questions about our Terms and Conditions if not please contact me with any questions you have.

Thanks
Michael
[email protected]

You are the man. I actually had selected that, and kept timing out. I am still having issues...so which led me to believe that the other page that stated those limits were true amounts.

Thanks for settling me straight!! I hit you up on ICQ because the issue we were discussing the other day is still an issue, the bank is trying to pawn it off on Epass....get back to me at your earliest convenience!!

PS the site does look great and I do LOVE my epass card!!

Epass is located outside of the USA, so the answer is no.

https://www.epassporte.com/secure/jsp/Terms.jsp

"C. NEITHER THE VISA VIRTUAL ACCOUNT NOR THE VISA ELECTRON CARD IS A CREDIT CARD. NO INTEREST WILL BE PAID ON THE FUNDS YOU TRANSFER INTO YOUR ACCOUNT AND SUCH FUNDS ARE NOT INSURED BY EPASSPORTE OR ANY GOVERNMENT AGENCY. ALL FUNDS YOU PLACE IN YOUR ACCOUNT WILL BE HELD AT A LARGE INTERNATIONAL BANK OF OUR CHOOSING."

If you ever want to take legal action against them you'll need to do it in a St. Kitts court.

Anyway epass is rocking...

I dont think anyone is concerned about the things you mention. I think the concern is over the wording of the taking all the money left in the account.

Seems like its a no-brainer that if an account was loaded with fraud funds it will be closed, the problem is we have already heard several stories of accounts being closed that dont fit the criteria outlined. ( i.e. if JOE loads his card with stolen funds and buys $5 worth of traffic from ANDY , you seized andy's funds ) from this new wording you are now free to take andy's money not just the $5 that joe sent him using a fraudulant load.


Isnt that kind of profiting from crime if you seize funds that werent involved in fraud.

At a bank ( i know your not a bank just an example ) if you robbed them at gunpoint and killed 8 clerks they STILL couldnt seize the funds in your account. Thats why this seems a tad strange..

Although i'm not a lawyer it seems to me epassporte could have used more precise wording.

"in the event of fraud on an account epassporte reserves the right to recover fraudulant funds"

isnt as broad as the other wording but coveres all the areas that would legitimately need "seizing"

p.s. much respect to you keyzer for answering all these questions , i realise you take alot of heat for problems/questions , when of course you dont make the decisions that require all these questions

Damn dude, that really sucks big time :(

The same thing were in the previous Terms and Conditions with different words so nothing have changed.

Smokey

In the situation you describe Joe will get his account closed, Andy will not because Andy have done nothing wrong, he received a fraudulent transfer and we will reverse that transfer but thats it. Joe loaded his account, Andy received a p2p there is a difference.

My thoughts exactly.

:disgust

Nothing to worry about....