GoFuckYourself.com - Adult Webmaster Forum - An article about epassporte

Just over a week ago it became known: Visa discontinued service card issued payment system ePassporte.

I must say that ePassporte - "payment order", rather tolerant to the participants. Upon registration system, the user will automatically receive "virtual" Visa, but if you wish - ordered plastic (Visa Electron), using which could very quickly and easily transfer their money. Annual service of such a card worth $ 35, the withdrawal of cash - $ 2 + 2% of the amount. The accounts of users served in the St. Kitts-Nevis-Anguilla National Bank - a bank in the small state of Saint Kitts and Nevis at the Southern Antilles. Offshore banking - one of the important items of income of this small state, but indicated the bank - the largest in the country.

A few days ago it became known that the cards were blocked ePassporte Visa at the request of the bank itself. Serving ePassporte, offshore finance and credit institution has failed to meet the requirements of the payment system on the completeness of the data about customers. Such claims were made in the new rules Visa, introduced this summer. These measures are aimed at countering money laundering. Thus, the bank was himself forced to ask Visa to close the card, since working with them and did not meet with the new requirements of the payment system, in fact, it was impossible.

EPassporte system really was not too "nice" in the choice of clients. If we call a spade a spade, she was loved by adult-webmasters (to put it simply, online merchants pornography). As told MoneyNews Chief, Electronic Funds RAEK Artem Genkin, Visa is monitoring the number of fraudulent transactions (fraud) on the various issuers and types of products, she saves the statistics long enough. If statistics do not satisfy the EPS, it can introduce very high (prohibitive in effect) tariffs for services card partners, or simply suspend the service. Such examples have been enough, said Mr. Genkin. In most cases, appeal Visa fail.

Direct user ePassporte, party business of selling access to "adult sites" noted that for the last six months was characterized by an overall increase in activity in the system, but no particularly large frauds were reported. This may increase the amount of payments has become one of the factors blocking the card, coupled with the new rules Visa.

Freezing of funds on the cards, however, does not mean even that owners can not handle money, located on the card accounts. They can still get the money or transfer them to another account, but only directly through the bank itself. Thus according to a statement by Visa, and that is to be the case: Visa is simply not able to freeze transactions on the accounts - all that can the system - it's just a pause in cards. This information differs from the one issued in his statement to the owner of ePassporte Christopher Mallick (Christopher Mallick). Comments from the ePassporte, different from the statements Mallika was not obtained.

According ePassporte users on the forums, to get through to tech support in recent days is difficult. But now, if they want to get their money, in theory, for this there are two options, says Artyom Genkin. First - most promising - to work with the bank directly. Second - to sue for Visa (collective or individual). However, the latter path, most likely, success, experience has shown that failed. Apply the same to ePassporte - the disgraced partner Visa - as practically useless: their ability to slightly exceed the capacities of affected customers.

Already appeared and reported the first payment from ePassporte. Translations of the affected parties to the payment system were carried out not from a bank in San Kitts, and from another bank in the Antilles, which is headed by the same person that ePassporte N. V. - The operating company of the payment system ePassporte.

After the bankruptcy of the payment system Fethard, many adult-webmasters have started to enjoy it together ePassporte. In turn, the refusal of Visa partnership effectively puts an end to ePassporte, because destroying the only convenient way to withdraw funds. It involves Artem Genkin, after the exodus from webmasters ePassporte, the market is likely to get a new payment system, calculated on the same category of business. Most likely, it will be "clean" brand, even if it will be already well-known players.

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