well, but if your selling point is that you are in Europe, not some off shore island .. then why use gibraltar?

everybody knows gibraltar is used for shady stuff :2 cents:

only on gfy, people who barely make a dime in adult claiming people failed in adult LOL

Once again, I appreciate your interest.

Wave Crest Holdings is authorised by the Financial Services Commission of Gibraltar. As the EMI based in Gibraltar Wave Crest must comply with the European Electronic Money Directive. This directive states that all e-money funds have to be segregated and ring-fenced. However, we went even further and arranged a comprehensive insurance policy that further protects our members' funds.

Like any other organisation must have a bank account, for the Association based in the United Kingdom it is natural to bank with a UK bank. In our case it's NatWest and HSBC.

You got a tough sell here man, people have been burned too many times already:2 cents:

Please pay specific attention to:http://www.deloitte.gi/finance.html

Wave Crest Holdings is an authorised E-Money institution in Gibraltar http://www.fsc.gi/fsclists/Details.aspx?EntityID=13271

and has successfully passported its issuing rights to the UK.

Incorporation Date 18/08/2009


:error:1orglaugh:upsidedow


I think you just leave this board and stop wasting your energy .. people are not going to fall for this , even if you are legit and not planning on scamming everybody

your company or the company you work for have no history for credibility ... your company is only couple of months old .. the company that backs you is two years old


seriously ... get off this board .. wasting your time here :2 cents::thumbsup

Would major organisations such as O2 mobile operator which is a part of Telefonica Group partner with a company they believed could not deliver? If you still doubtful, here is their press release - http://news.o2.co.uk/Press-Releases/...tners-307.aspx

Clearly you've done zero research. Do you have any idea how many times we've been burned by such companies?

That's super.

I didn't suggest otherwise. I'm sure in the last 3 years you've been trading you've learned loads.

My point was you know nothing about the adult industry.


I don't think you realise how important correct English is on a site. Especially a financial one. There is no way on earth I would trust you with my money if you can't pay someone to proof read your site and translate it with a native speaker.


I doubt you'll be posting here in 4 weeks.

Pay someone with a clue to speak on your behalf then. Seriously, you have no idea of the problems and history this industry has had with companies like yours. It will take a lot of time, a lot of meeting people face to face and a lot of money to win the trust of this very skeptical industry.

[/QUOTE]

Pay me then. :)

EPA Membership Fees:

$34.95 – annual membership
$124.95 – annual membership with Express Delivery of your
ePayments Prepaid MasterCard®

ePayments Prepaid MasterCard® Fees:

$20.00 – Card Issue (included in the Membership Fee)
No charge – Card Activation
No charge – Point-of-sale (POS) transactions
$1.50 – ATMs, per transaction
No charge – Active Account fee, per month
No charge – Inactive Account fee, per month
$10.00 – Abandoned Account fee, per month (after 6 months of no use)
$5.00 – Account Closure
$35.00 – Lost/Stolen Card Replacement

ePayments Prepaid MasterCard® Limits:

$10.00 – Initial Minimum Load
$3,000.00 – Maximum Daily Cash Access at ATMs or Bank Tellers
$10,000.00 – Maximum Amount per Load
$20,000.00 – Maximum Load Amount per day

Fees r ok ..but all we need is secure funds.

I would have thought that if operating out of and "headquartered" in the UK, then epayments.com should be registered with and regulated by the UK Financial Services Commission........as Moneybookers are.

The Gibraltar FSC registration is for GIBRALTAR based companies, in this case, the card issuer Wave Crest Holdings

Correct me if I am wrong, but I am pretty sure that being a "partner" (ie a customer) of a Gibraltar FSC regulated card issuing company doesn't make epayments.com a regulated company, and as such THAT is where the risk is.

It is not helped by the fact that you seem to be claiming credibility based on Wave Crest Holdings' credibility.......

I am sure that Wave Crest Holdings would be very interested to see this thread.

Cant be any worse than keeping your money in a pseudo bank in Belize

I, for one, Welcome our new friend from Fly-by-night Incorporated. And can't wait to line up to give him all my money.

Dear All,

I realise now that this thread is more challenging than I anticipated. People have made some good points ? and I?d like to answer them generally, because there are some common themes to the comments.

First of all, you are all correct - I?m not an expert on the adult industry ? but then I?m not an expert on lots of different online businesses. And that?s the beauty of the internet, almost everything is a business opportunity. What I do know about the adult industry, is that it has always been at the forefront of marketing and technology ? and that?s why I posted here, because I hoped people would see a good, interesting opportunity.

Second, some people make a lot of money online, but I?m sure you?ll all agree that most people don?t make millions. The money they do make is further reduced by high costs from money transfers. And, in some countries, it is especially difficult accessing funds earned globally.

Of course, some of you are happy with the payment partners you use ? and that?s fine. If they work for you, and they are cheap and reliable then that?s perfect. It hasn?t always been my experience though. And that?s why I started the EPA. The EPA is a true membership organisation designed to challenge existing client-business relationships. Creating a real association of individuals and businesses driven by common goals offers a range of benefits for online professionals.

Let?s talk about things that worry some people. Yes, we are a young business ? but because we were only recently incorporated doesn?t mean that is the extent of our experience. We?ve actually been working to set this up for a couple of years.

Also, our partnership with Wave Crest gives this concept a flexible and reliable payments structure with global issuing capabilities that is designed to satisfy our Associates? payment needs to the fullest extent, regardless the country of their residence. (Which is a major benefit for many online business people.) Wave Crest does this at cost levels that are much more favourable compared to current payment processors.

Yes - EPA being a Wave Crest marketing partner allows us to offer their payments solutions to our members without being authorised by the Financial Services Authorities in the UK. It is however regulated by the Financial Services Commission in Gibraltar, and Gibraltar is regarded as one of the best regulated finance centres in the world. It does also offer good tax incentives for businesses ? so this is not an attempt to be ?shady? just good business sense.

Anyone who is sceptical of Wave Crest should visit their website ? we have no doubts about their capabilities. (And neither do their clients.) They are run by some of the payment processing industry?s most experienced people. (And MasterCard doesn?t licence just anyone.)

Finally, with regard to the risk factor, EPA members funds are segregated, ring-fenced and are kept in a NatWest bank account operated by Wave Crest. This is a requirement of the regulators. Furthermore it is also required for Wave Crest as well as the EPA to have complex insurance in place to protect our members? funds against management and staff mistakes, fraudulent activity and crime.

I know a lot of people have been ?burned? by online businesses. I?ve also read the comments about ePassporte and there is no comparison ? unlike Chris Mallick we have no control over our Associate?s funds. Like I said they are ring-fenced for the individual?s protection, and we also carry additional insurance.

So it?s up to you to decide. If you think we are a scam then nothing I can say will really change your mind, if you join us, then that?s great. I hope some of you will join ? and I hope you will see that we deliver on everything we promise.

Whether you?re for us, or against us ? thanks for your comments ? it?s been educational, and I see that I do still have a lot to learn.

Regards,
Mike Rymanov

P.S. Damian - in relation to the English language, may I ask you to be more specific and we will amend any mistakes. As to your proposal to work for the Association, we?re happy to consider your candidacy, just submit your CV to [email protected]?

Good Luck sir Rymanov :thumbsup

get adult sponsors paying with this method otherwise you dead in the water

Umm .. I beg to differ. eNumbered.com is a legally incorporated business in British Columbia, Canada. We are a registered gold dealer. You obviously do not understand how our business model works. We are growing fast and hope to become a competitor to Paypal. Unlike Paypal, eNumbered accounts never freeze up - PERIOD. And unlike Payoneer, you don't have to submit documentation to prove your identity. Furthermore, our fees are much less than either Paypal or Payoneer, and we have an affiliate program where clients earn money on fees we collect from referrals .. as far as I know, neither Paypal or Payoneer or Paxum offer such perks. Good luck with your epayments.com .. but please don't insult our business, as you know nothing about us, and as far as I know you are not a client.

Oh, and your claim that 'E-Money business is highly regulated for the simple reason to protect people's funds.' is absolute and utter hogwash. Do you think paypal is protecting people's funds by freezing them indefinitely for no reason? The e-Money business is regulated to insure compliance with the Patriot Act and other absurd AML regulations in the United States. Any company like Paypal which complies with these regulations seems otherwise free to rob their clients ...

Our goal in creating eNumbered is to protect client funds from seizure .. by government, bank, etc. And to protect the anonymity of our clients, whom we believe have the right to bank and utilize e-cash anonymously. If you use Paypal or Payoneer or Paxum, you are at the absolute mercy of both the site operator and Big Brother. Good luck!

zing!!!!!!!

how does this work with all the worldwide money laundering laws and Visas "know your customer" policy?

You should have hired me to do your board posting :)

you aren't fooling anyone eddie.

Dear eNumbered,

As a legally Incorporated business in British Columbia and a registered gold dealer, may I ask you to provide the following details about your business, that I could not find on your website:

Legal Name of your company:
Company Number:
Date of Incorporation:
Registered Office Address:
Records Office Address:
Name of the Director(s):

Each B.C. company must have an official legal address, called the registered office. Any legal documents can be sent to this address. For example, if someone is suing a company, court documents delivered to the registered office are deemed legally served.

Each B.C. company must also have a records office. The company must keep certain records there, such as:
- the incorporation certificate
- memorandum and articles
- lists of shareholders and directors
- directors' and shareholders' resolutions

The company must keep its records office open to the public at least two consecutive normal business hours each day (except weekends) to allow for possible inspection.

Here is an interesting report:
http://www.tfmetalsreport.com/forum/...old-supposedly

Furthermore, this law firm Dye & Durham came highly recommended to do a simple due diligence check, in case anyone considers investing into gold with eNumbered.

All the best,
Mike

And you guys only accept passport? LOL how about driver's license?

We accept most of government issued IDs, including driver's license.

What is your email Mike?

Once registered you can either attached your documents in the Settings section of our website, alternatively you can send a copy to [email protected]

Looks like you just opted into his mailing list Mike :)

This thread seems to contain a very valuable lesson to people thinking of starting payment companies..... "e" is not a particularly good choice for first letter of your domain name.

Wanna bet? :Graucho

FIGHT! FIGHT! FIGHT!

Neither is not having a clue about the needs, concerns and history of operating in a certain market.

:(

To be fair, that's never stopped people before. Hell, just look to the pre-tube era, the only reason, why most sponsors were sponsors to begin with, was because they could.

True dat. But nowadays one would have thought a quasi bank would have done at least a little research into a new market. Clearly not.

I think they target "adult" because they think that we:

[a] have less choice than mainstream and thus will try anything
[b] spend all day jerking off, and thus won't have time to do any due diligence.