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-   -   Why is Paycom booting Epassporte not bigger news? (https://gfy.com/showthread.php?t=572135)

BigCashCrew 02-04-2006 02:55 PM

50 for a good thread

MicDoohan 02-04-2006 03:07 PM

Quote:

Originally Posted by SmokeyTheBear
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..

jesu christ you are such an ignorant idiot who tries to sound like he knows what he is talking about

I suggest you try to spend 2 minutes away from gfy and your life will be richer and fuller. Youre nothing more than a perpertuator of bullshit and sig displaying assmonkey.

I doubt you have 2 urls to rub together

SmokeyTheBear 02-04-2006 03:13 PM

Quote:

Originally Posted by MicDoohan
jesu christ you are such an ignorant idiot who tries to sound like he knows what he is talking about

I suggest you try to spend 2 minutes away from gfy and your life will be richer and fuller. Youre nothing more than a perpertuator of bullshit and sig displaying assmonkey.

I doubt you have 2 urls to rub together


What the fuck are you talking about idiot..

Your bitching about something i wrote and i need to get a life ? hahahha

Grow up, grab a brain... stop hanging on people's nutsacks who dont even know you..

p.s. if yuo dont like sigs turn them off moron

SmokeyTheBear 02-04-2006 03:16 PM

Quote:

Originally Posted by MicDoohan
Youre nothing more than a perpertuator of bullshit

care to elaborate on your drivel ?

AlienQ - BANNED FOR LIFE 02-04-2006 03:16 PM

Smokey in the past has been right about alot of things in infact more accurate than me by far and definatly more helpful. Ya just goto know how to read em.

SmokeyTheBear 02-04-2006 03:22 PM

Ithink he just got his panties in a bunch because he thinks i misread this thread when stating epassporte pulling out of adult.. but he is wrong.. he just doesnt understand how to read.. or likes to hang off people's nutsacks.. either way , it hardly makes sense to me that people go out of their way to make enemies when the people they attack dont even know them..

ThumbLord 02-04-2006 04:39 PM

thumbs up for Smokey, he does sort of know what he talks about

pocketkangaroo 02-04-2006 05:30 PM

I don't see why they'd drop adult. Adult is a nice niche that they can dominate for years. Everyone acts like it will be easy to cut into Paypal's market share. Good luck with that, Paypal has a great system, better rates, better customer service, and already a huge stranglehold on the market. I think the best way to expand is to maximize areas that Paypal can't touch.

SleazyDream 02-04-2006 05:37 PM

Quote:

Originally Posted by d00t
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 ;)

best repsonse and most likly i've heard so far

SleazyDream 02-04-2006 05:42 PM

Quote:

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

not trying to dis epoch but do a search on what people said about epoch before chris malic came on board....

Tempest 02-04-2006 06:10 PM

I suspect that this isn't bigger news because a lot of people are waiting for the other shoe to fall... Whether that's sponsors discontinuing epass payouts or epass failing/changing biz models.

Epass being in trouble isn't such a big leap.. I've been watching some of these companies lately and they seem to all be risky companies. I think EPass was viewed as stronger because they were tied into Epoch but that ended and they're on their own.. Some examples... a company called INTGold collapsed a little while ago.. e-gold has had some problems recently, bank accounts frozen etc. Stormpay appear to be in some major problems right now as well... None of this bodes well for a company like Epass.

Wiseman 02-04-2006 06:15 PM

BLAH BLAH BLAH!! Clay used to Run Paycom then Chris Came in and took shit over. Then Clay Came back in and took shit Back over again. NOW we have bad blood =) Hence paycom and Epassporte parting way's and probably have no intrest in helping either one make more $. I am pretty sure any of us would feel the same way. its pretty basic. I could be off line here but I am sure it is more of a personal issue then a buisness decision.

dont get me wrong I love both Clay and Chris.
Jesus I wish people had something to do all day then make big deals out of petty shit.
THEY DONT GET ALONG ANYMORE PEOPLE!! NOW MOVE ALONG . LOL

adultchica 02-04-2006 06:16 PM

As a webmaster, if I can still get my epassporte payments I'm happy.

If I can't, then I'm not happy!

I hope there is a way for the sponsors to work around this. Epass still has to be cheaper than the extra employee or two you'd have to hire to do the checks that dropping epassporte would require.

Fetish 02-04-2006 06:19 PM

Because Epass sucks and is not good for anything except webmaster payments.

Wiseman 02-04-2006 06:22 PM

And as far as a timeine on how long it takes you to pay your affiliates because it takes longer to to get your $ into your Epass acount. Well if you are a company waiting around to get paid by everyone who owes you $ before you can make pay outs then I would be more worried about your buisness then Epass or Paycom.

EdgeXXX 02-04-2006 06:22 PM

Quote:

Originally Posted by Wiseman
BLAH BLAH BLAH!! Clay used to Run Paycom then Chris Came in and took shit over. Then Clay Came back in and took shit Back over again. NOW we have bad blood =) Hence paycom and Epassporte parting way's and probably have no intrest in helping either one make more $. I am pretty sure any of us would feel the same way. its pretty basic. I could be off line here but I am sure it is more of a personal issue then a buisness decision.

dont get me wrong I love both Clay and Chris.
Jesus I wish people had something to do all day then make big deals out of petty shit.
THEY DONT GET ALONG ANYMORE PEOPLE!! NOW MOVE ALONG . LOL




I agree. I just hope for their sakes one of them gets their shit together soon, otherwise both companies could be in very big trouble in the near future :2 cents:

SmokeyTheBear 02-04-2006 06:30 PM

Quote:

Originally Posted by Wiseman
And as far as a timeine on how long it takes you to pay your affiliates because it takes longer to to get your $ into your Epass acount. Well if you are a company waiting around to get paid by everyone who owes you $ before you can make pay outs then I would be more worried about your buisness then Epass or Paycom.

is a sponsor does 25million in sales a month and they have to wait for the 25 million then where are they going to get the money to pay affiliates. I understand what your saying, that if you did 25 million in sales a month you prob have lots of funds to back the payments, but it doesnt sound like good business to pay your affiliates before you have been paid, thats where trouble starts..

Wiseman 02-04-2006 06:38 PM

Quote:

Originally Posted by SmokeyTheBear
is a sponsor does 25million in sales a month and they have to wait for the 25 million then where are they going to get the money to pay affiliates. I understand what your saying, that if you did 25 million in sales a month you prob have lots of funds to back the payments, but it doesnt sound like good business to pay your affiliates before you have been paid, thats where trouble starts..



OK MAN please sign up for my program. So I can not pay you till I am paid in full for all the traffic I am sent from you. we do weekly pay out's EVERY monday. We arent doing 25 mill a month but we arent exactly small fry either. But when doing weekly pay outs we definetley dont get our $ before we are paid from other's

ALL IN ALL Paycom is Going no where anytime soon. And I guarentee Epass has no plans of dumping adult high and dry any time soon.
Cant a couple of people just decide they dont want to work together anymore with out the world comeing to an end?

TheButcher 02-04-2006 06:39 PM

Not surprised since they split up into 2 different businesses a while back.

EdgeXXX 02-04-2006 06:40 PM

Quote:

Originally Posted by SmokeyTheBear
is a sponsor does 25million in sales a month and they have to wait for the 25 million then where are they going to get the money to pay affiliates. I understand what your saying, that if you did 25 million in sales a month you prob have lots of funds to back the payments, but it doesnt sound like good business to pay your affiliates before you have been paid, thats where trouble starts..


I get what you are saying and for the most part I agree with you; but then again if a sponser is making $25M a month, they would probably be using a better payment processing solution than either of these companies :2 cents:

Wiseman 02-04-2006 06:41 PM

Quote:

Originally Posted by EdgeXXX
I get what you are saying and for the most part I agree with you; but then again if a sponser is making $25M a month, they would probably be using a better payment processing solution than either of these companies :2 cents:


LIKE WHAT?

EdgeXXX 02-04-2006 06:44 PM

Quote:

Originally Posted by Wiseman
LIKE WHAT?


Like a company run by financial professionals (possibly backed by a bank), or they would do their own processing :2 cents:

SmokeyTheBear 02-04-2006 06:47 PM

Quote:

Originally Posted by Wiseman
OK MAN please sign up for my program. So I can not pay you till I am paid in full for all the traffic I am sent from you. we do weekly pay out's EVERY monday. We arent doing 25 mill a month but we arent exactly small fry either. But when doing weekly pay outs we definetley dont get our $ before we are paid from other's

ALL IN ALL Paycom is Going no where anytime soon. And I guarentee Epass has no plans of dumping adult high and dry any time soon.
Cant a couple of people just decide they dont want to work together anymore with out the world comeing to an end?


Dont get your panties in a bunch man, i was just asking a question. I'm not a sponsor, you obivously have a better idea of these things than i do.. I didnt say you wait till "ALL" the funds have cleared , i just dont think its common practise to payout affiliates before ANY payments have been made to the sponsor from the biller. ( i could be TOTALLY wrong here ) but i thinks thats where the whole confusion comes in , its apparent SOME people think this could affect sponsor payments for those EXACT reasons..

Just to clarify here , do you not want me as an affiliate or where you just joking around ? im not trying to be rude , i just want to know theres no ill blood here ?

Wiseman 02-04-2006 06:52 PM

My panties werent in a bunch at all. I was just saying my life would be ALOT easier if I could just tell affiliates. "Sorry man paycom hasnt paid me yet. or CCbill hasnt paid me yet. Or who ever for that matter. All I am saying is as an affiliate you should not have to worry about MY financial issues. you should know that the program you are sending to can pay you reguardless of how long it takes to get $ ointo there bank acount. I can guarentee you if I was paid late form one of my processors you woul still be paid on time from me.

I usually $500000 in debit every month before I get checks! LOL kidding

Wiseman 02-04-2006 06:54 PM

I wasnt upset at all brotha! I want everyones traffic. I am a whore.

All I am saying is if these people are worried that it will take to long to get there $ from someone to do payouts then they have more important things to worry about then Chris and Clay pissing with each other. I guarentee Chris and Clay are BOTH excellent buisnessmen and will not let there buisnesses be ruined or damaged in anyway.

EdgeXXX 02-04-2006 06:55 PM

Quote:

Originally Posted by Wiseman
I can guarentee you if I was paid late form one of my processors you would still be paid on time from me.


That's the sign of an honest businessman

SmokeyTheBear 02-04-2006 06:56 PM

Quote:

Originally Posted by Wiseman
I wasnt upset at all brotha! I want everyones traffic. I am a whore.

All I am saying is if these people are worried that it will take to long to get there $ from someone to do payouts then they have more important things to worry about then Chris and Clay pissing with each other. I guarentee Chris and Clay are BOTH excellent buisnessmen and will not let there buisnesses be ruined or damaged in anyway.

:thumbsup

Personally my feeling is if the sponsor takes longer to get paid he will pass that wait along to the affiliates.. its nice to know that WONT happen at quickbuck :thumbsup

huey 02-04-2006 07:11 PM

As long as my money in my epass bizz account dosen't go buy buy in what ever offshore bank they have my money in I don't care. Will definatley not add more to my acccount till more is said.

aico 02-04-2006 07:16 PM

Maybe Paycom knows something we don't. There is a "hint", if you will, in the last paragraph of their email.

Pornwolf 02-04-2006 07:20 PM

Still, there needs to be some explanation here. People can't help but be worried about the future of Epassporte. Whenever you have money tied up somewhere or being routed somewhere it's good to know if that's still an option that makes sense or should you just switch to wires for those accounts.

Sly 02-04-2006 07:20 PM

Quote:

Originally Posted by aico
Maybe Paycom knows something we don't. There is a "hint", if you will, in the last paragraph of their email.

Rand made a similar hint. Don't know if they meant it that way, but it left me with the impression that ePass is hurting in some way or another.

Wiseman 02-04-2006 07:34 PM

Quote:

Originally Posted by Sly
Rand made a similar hint. Don't know if they meant it that way, but it left me with the impression that ePass is hurting in some way or another.


well everyone thaught Paycom was fucked to a few years ago when shit hit the fan and Chris took over. I am sure all will be fine. both are buisness men and wouldnt be as rich as they both are letting established buisnesses fail!

TheDoc 02-04-2006 07:47 PM

While I don't think the news is that big, and I know they have personal issues, but I guess it could always be for another reason, like taxes.

I can see companies over the years coming up with tax issues on epass from not claiming the money, thinking it was an easy way to hide the money.

However, I'm more interested in the paysite companies that took payment that way. Why?? Simple as that.

baddog 02-04-2006 07:57 PM

Quote:

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


Agreed. While many affiliates may like the convenience of receiving their payments via ePass, it isn't always a convenience to those paying them.

I use it only because it is a part of doing business, but there is a lot of room for improvement.

greenlab 02-04-2006 08:24 PM

Epass...
 
Most of you dont know the real deal behind Epassporte...
Did you ever wonder why everytime someone from epass was posting in threads, they claimed that epassporte has hundred of thousends of users....definetlly not all of them are webmasters :)

The main scope of existence of epassporte is the issuing of debit cards for chargeback ballancing. It worked like this till now...every %x member that signed up trough paycom (or other processors) for a site membership, were given an epassporte Gift card. It works like this...paycom is giving you a membership to site xxxx for free, as long as you are a member of site yyyyy. In order to process your membership for site xxxx, we are giving you an epass Virtual Visa Gift card. The membership costs 29.99$/month, however, paycom will make sure that the 29.99$ will be deposited everymonth onto your visa gift card.
Actually paycom/epass were crediting your epass visa gift card with 29.99$ every month, and then in 30 secs, they were billing the card though one of designated merchant account, with a cost of just the processing fee (discount rate). By billing hubdreds of thouseds of cards like this, there is now wandering why their chargeback ratio si very low, and they still allow cross sales without any problems...(have seen sites with 2 pre checked crossales).

So this is the biggest reason for epassporte to exist, and this is why it was created...the issuing of plastic debit cards and affiliate/webmaster payments are done just to make epassporte look compliant in the eyes of Visa, as this gets lots of $$$$ volume and they can claim that the main purphose of their service is not the issuing of "gift cards" - and that they are actually a 100% legitimate issuer....

now think for a second...do you think that there are more that 10.000 webmasters that get payments by epassporte ? There is a huge distance to the hundreds of thousents cards that epassporte is claiming they have issued...(and they are telling the truth here). The rest are just "Gift Cards".....and they are trying to offset this by the funds that get moved by affiliate programs and the use of debit cards for widthrawal in all countryes arround the world...

However, thay have gone too far and visa is getting quite close on them....

The trick is somewhat similat to what ibill does with gkard, but the Epassporte trick is much more stable and intellingent...

greenlab 02-04-2006 08:28 PM

There are several other debit card payment systems that can issue no name maestro cards that can be used worldwide.
The cards are issued 100% from the US, they have no name embossed on the card and can be issued from stock, without any id requiremens and can be issued worldwide (not only to use citizens).
Wire load is also avaiable..


https://www.virtualmoneyinc.com/

EdgeXXX 02-04-2006 08:36 PM

We (EdgeFX) don't do business with Epass for a reason, but we were going to give Paycom/Epoch the benefit of the doubt and try to work with them. Personally (my own opinion), I think BOTH companies leave alot to be desired in terms of Customer/Client Service and Satisfaction. If either company wants to make a solid future for itself, they need to step it up a notch. :2 cents:

BV 02-04-2006 08:52 PM

Quote:

Originally Posted by SmokeyTheBear
it doesnt sound like good business to pay your affiliates before you have been paid, thats where trouble starts..


??? all pps programs work on this model

kristin 02-04-2006 09:40 PM

Quote:

Originally Posted by greenlab
Most of you dont know the real deal behind Epassporte...
Did you ever wonder why everytime someone from epass was posting in threads, they claimed that epassporte has hundred of thousends of users....definetlly not all of them are webmasters :)

The main scope of existence of epassporte is the issuing of debit cards for chargeback ballancing. It worked like this till now...every %x member that signed up trough paycom (or other processors) for a site membership, were given an epassporte Gift card. It works like this...paycom is giving you a membership to site xxxx for free, as long as you are a member of site yyyyy. In order to process your membership for site xxxx, we are giving you an epass Virtual Visa Gift card. The membership costs 29.99$/month, however, paycom will make sure that the 29.99$ will be deposited everymonth onto your visa gift card.
Actually paycom/epass were crediting your epass visa gift card with 29.99$ every month, and then in 30 secs, they were billing the card though one of designated merchant account, with a cost of just the processing fee (discount rate). By billing hubdreds of thouseds of cards like this, there is now wandering why their chargeback ratio si very low, and they still allow cross sales without any problems...(have seen sites with 2 pre checked crossales).

So this is the biggest reason for epassporte to exist, and this is why it was created...the issuing of plastic debit cards and affiliate/webmaster payments are done just to make epassporte look compliant in the eyes of Visa, as this gets lots of $$$$ volume and they can claim that the main purphose of their service is not the issuing of "gift cards" - and that they are actually a 100% legitimate issuer....

now think for a second...do you think that there are more that 10.000 webmasters that get payments by epassporte ? There is a huge distance to the hundreds of thousents cards that epassporte is claiming they have issued...(and they are telling the truth here). The rest are just "Gift Cards".....and they are trying to offset this by the funds that get moved by affiliate programs and the use of debit cards for widthrawal in all countryes arround the world...

However, thay have gone too far and visa is getting quite close on them....

The trick is somewhat similat to what ibill does with gkard, but the Epassporte trick is much more stable and intellingent...

I was wondering how long it was going to take for this info to come out ...

A lot of companies were surprised to find out they had ePassporte accounts when they actually never signed up for one. But when ePassporte was in bed together with Paycom, ePassporte accounts were opened to companies with balances and the companies never knew about it...

Ace_luffy 02-04-2006 11:35 PM

it's really bad news......:Oh crap

Neighbor 02-04-2006 11:42 PM

Exactly
 
Exactly my thoughts

ServerGenius 02-05-2006 01:57 AM

Quote:

Originally Posted by greenlab
Most of you dont know the real deal behind Epassporte...
Did you ever wonder why everytime someone from epass was posting in threads, they claimed that epassporte has hundred of thousends of users....definetlly not all of them are webmasters :)

The main scope of existence of epassporte is the issuing of debit cards for chargeback ballancing. It worked like this till now...every %x member that signed up trough paycom (or other processors) for a site membership, were given an epassporte Gift card. It works like this...paycom is giving you a membership to site xxxx for free, as long as you are a member of site yyyyy. In order to process your membership for site xxxx, we are giving you an epass Virtual Visa Gift card. The membership costs 29.99$/month, however, paycom will make sure that the 29.99$ will be deposited everymonth onto your visa gift card.
Actually paycom/epass were crediting your epass visa gift card with 29.99$ every month, and then in 30 secs, they were billing the card though one of designated merchant account, with a cost of just the processing fee (discount rate). By billing hubdreds of thouseds of cards like this, there is now wandering why their chargeback ratio si very low, and they still allow cross sales without any problems...(have seen sites with 2 pre checked crossales).

So this is the biggest reason for epassporte to exist, and this is why it was created...the issuing of plastic debit cards and affiliate/webmaster payments are done just to make epassporte look compliant in the eyes of Visa, as this gets lots of $$$$ volume and they can claim that the main purphose of their service is not the issuing of "gift cards" - and that they are actually a 100% legitimate issuer....

now think for a second...do you think that there are more that 10.000 webmasters that get payments by epassporte ? There is a huge distance to the hundreds of thousents cards that epassporte is claiming they have issued...(and they are telling the truth here). The rest are just "Gift Cards".....and they are trying to offset this by the funds that get moved by affiliate programs and the use of debit cards for widthrawal in all countryes arround the world...

However, thay have gone too far and visa is getting quite close on them....

The trick is somewhat similat to what ibill does with gkard, but the Epassporte trick is much more stable and intellingent...


Bingo.....BEST REPLY I´ve seen on GFY this month :thumbsup

jonesy 02-05-2006 01:57 AM

who benefits most from the split?

Oracle Porn 02-05-2006 02:30 AM

Quote:

Originally Posted by greenlab
Most of you dont know the real deal behind Epassporte...
Did you ever wonder why everytime someone from epass was posting in threads, they claimed that epassporte has hundred of thousends of users....definetlly not all of them are webmasters :)

The main scope of existence of epassporte is the issuing of debit cards for chargeback ballancing. It worked like this till now...every %x member that signed up trough paycom (or other processors) for a site membership, were given an epassporte Gift card. It works like this...paycom is giving you a membership to site xxxx for free, as long as you are a member of site yyyyy. In order to process your membership for site xxxx, we are giving you an epass Virtual Visa Gift card. The membership costs 29.99$/month, however, paycom will make sure that the 29.99$ will be deposited everymonth onto your visa gift card.
Actually paycom/epass were crediting your epass visa gift card with 29.99$ every month, and then in 30 secs, they were billing the card though one of designated merchant account, with a cost of just the processing fee (discount rate). By billing hubdreds of thouseds of cards like this, there is now wandering why their chargeback ratio si very low, and they still allow cross sales without any problems...(have seen sites with 2 pre checked crossales).

So this is the biggest reason for epassporte to exist, and this is why it was created...the issuing of plastic debit cards and affiliate/webmaster payments are done just to make epassporte look compliant in the eyes of Visa, as this gets lots of $$$$ volume and they can claim that the main purphose of their service is not the issuing of "gift cards" - and that they are actually a 100% legitimate issuer....

now think for a second...do you think that there are more that 10.000 webmasters that get payments by epassporte ? There is a huge distance to the hundreds of thousents cards that epassporte is claiming they have issued...(and they are telling the truth here). The rest are just "Gift Cards".....and they are trying to offset this by the funds that get moved by affiliate programs and the use of debit cards for widthrawal in all countryes arround the world...

However, thay have gone too far and visa is getting quite close on them....

The trick is somewhat similat to what ibill does with gkard, but the Epassporte trick is much more stable and intellingent...

should I as an epassporte customer be worried right now?

Oracle Porn 02-05-2006 02:31 AM

Quote:

Originally Posted by jonesy
who benefits most from the split?

if shit hits the fan everyone will lose.

RogerV 02-05-2006 02:57 AM

I dont think either company is in trouble I would bet it was just a business dicision made by both parties to split completely. nothing is going to change on our end. we will still use both companies and its Business as usual at PornoPushers.

Now send us your traffic..

BabeHunter 02-05-2006 03:07 AM

Quote:

Originally Posted by greenlab
Most of you dont know the real deal behind Epassporte...
Did you ever wonder why everytime someone from epass was posting in threads, they claimed that epassporte has hundred of thousends of users....definetlly not all of them are webmasters :)

The main scope of existence of epassporte is the issuing of debit cards for chargeback ballancing. It worked like this till now...every %x member that signed up trough paycom (or other processors) for a site membership, were given an epassporte Gift card. It works like this...paycom is giving you a membership to site xxxx for free, as long as you are a member of site yyyyy. In order to process your membership for site xxxx, we are giving you an epass Virtual Visa Gift card. The membership costs 29.99$/month, however, paycom will make sure that the 29.99$ will be deposited everymonth onto your visa gift card.
Actually paycom/epass were crediting your epass visa gift card with 29.99$ every month, and then in 30 secs, they were billing the card though one of designated merchant account, with a cost of just the processing fee (discount rate). By billing hubdreds of thouseds of cards like this, there is now wandering why their chargeback ratio si very low, and they still allow cross sales without any problems...(have seen sites with 2 pre checked crossales).

So this is the biggest reason for epassporte to exist, and this is why it was created...the issuing of plastic debit cards and affiliate/webmaster payments are done just to make epassporte look compliant in the eyes of Visa, as this gets lots of $$$$ volume and they can claim that the main purphose of their service is not the issuing of "gift cards" - and that they are actually a 100% legitimate issuer....

now think for a second...do you think that there are more that 10.000 webmasters that get payments by epassporte ? There is a huge distance to the hundreds of thousents cards that epassporte is claiming they have issued...(and they are telling the truth here). The rest are just "Gift Cards".....and they are trying to offset this by the funds that get moved by affiliate programs and the use of debit cards for widthrawal in all countryes arround the world...

However, thay have gone too far and visa is getting quite close on them....

The trick is somewhat similat to what ibill does with gkard, but the Epassporte trick is much more stable and intellingent...


I wasn't worried untill i read this

damn

Brad Mitchell 02-05-2006 03:24 AM

Quote:

Originally Posted by greenlab
Most of you dont know the real deal behind Epassporte...
Did you ever wonder why everytime someone from epass was posting in threads, they claimed that epassporte has hundred of thousends of users....definetlly not all of them are webmasters :)

The main scope of existence of epassporte is the issuing of debit cards for chargeback ballancing. It worked like this till now...every %x member that signed up trough paycom (or other processors) for a site membership, were given an epassporte Gift card. It works like this...paycom is giving you a membership to site xxxx for free, as long as you are a member of site yyyyy. In order to process your membership for site xxxx, we are giving you an epass Virtual Visa Gift card. The membership costs 29.99$/month, however, paycom will make sure that the 29.99$ will be deposited everymonth onto your visa gift card.
Actually paycom/epass were crediting your epass visa gift card with 29.99$ every month, and then in 30 secs, they were billing the card though one of designated merchant account, with a cost of just the processing fee (discount rate). By billing hubdreds of thouseds of cards like this, there is now wandering why their chargeback ratio si very low, and they still allow cross sales without any problems...(have seen sites with 2 pre checked crossales).

So this is the biggest reason for epassporte to exist, and this is why it was created...the issuing of plastic debit cards and affiliate/webmaster payments are done just to make epassporte look compliant in the eyes of Visa, as this gets lots of $$$$ volume and they can claim that the main purphose of their service is not the issuing of "gift cards" - and that they are actually a 100% legitimate issuer....

now think for a second...do you think that there are more that 10.000 webmasters that get payments by epassporte ? There is a huge distance to the hundreds of thousents cards that epassporte is claiming they have issued...(and they are telling the truth here). The rest are just "Gift Cards".....and they are trying to offset this by the funds that get moved by affiliate programs and the use of debit cards for widthrawal in all countryes arround the world...

However, thay have gone too far and visa is getting quite close on them....

The trick is somewhat similat to what ibill does with gkard, but the Epassporte trick is much more stable and intellingent...

Hi

Just wanted to say that I enjoyed reading your :2 cents:

Cheers,

Brad

Trax 02-05-2006 03:29 AM

i know why there were not more threads about this before shap did a new one...
this might get very interesting very soon.............................................. .......

KCat 02-05-2006 04:10 AM

*bookmarking thread*


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