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-   -   Statement from ePassporte. Please Read (https://gfy.com/showthread.php?t=986256)

selena 09-09-2010 12:32 PM

Quote:

Originally Posted by bigluv (Post 17484916)
Non statement does more harm than good.

Also, the tone of this seems to be a lot more subdued -- no mention of getting back to business as usual even as a goal. I read it as 'we will eventually get the money disbursed on a one time basis' , but nothing about carrying on in future with VISA functions.


:2 cents:

MonsterWeb 09-09-2010 12:33 PM

Quote:

Originally Posted by spacedog (Post 17484984)
That's what I'm thinking.. sounds like the virtual card is done with.

I want the card to work as before. Ok, yes I want my money, but fuck.. just get the cards working like before is more important to me.

yeah the money is extremelly important, but epassporte's visa features are extremelly important for a huge part of us.

and wtf.. i was expecting at least to hear the cause of the suspension.

Chicks Delivery 09-09-2010 12:34 PM

Good news....... I hope...........

chronig 09-09-2010 12:34 PM

The money is gone, plain and simple. Deal with it. All this speculation and false hope is just going to hurt you in the long run. :disgust

In the faint chance you do get it back, consider it a miracle. Until then, stop hoping, you're just going to fuck yourself over even more than you already are.

Matyko 09-09-2010 12:34 PM

a friend of mine who i discuss this with atm just did a funny translation of the statement:
"The details are complicated" = we don't know what is happening
"funds in motion" = we are trying to withdraw what we can and run as fast as possible
"ePassporte's most important asset has always been our account holder's" = thanks you for your money
"We are not going to undermine that asset by treating cardholders in any manner other than the best we can" = we need you to believe everything is safe so we will have time to steal your money
"Most of us have had the unfortunate experience of dealing with banks and card associations that simply “cut us off” and did not pay us" = everybody is nowadays ripping off ... so you should be prepared for this
"it does not help any of us if we are constantly updating you on the basis of the calls that take place almost hourly" = STOP FUCKING CALLING US IDIOTS

I don't say this is true 100% but at least its funny as hell :D

Rui 09-09-2010 12:35 PM

Thanks a lot.

Already feel not only more calm, but reassured my money and the service is safe!

Now I can finally get some decent sleep and not have to worry about this whole thing and the impact in mid/long term in the industry.

So once again thank you for the enlightened and informing PR statement!

spacedog 09-09-2010 12:35 PM

Quote:

Originally Posted by Jarmusch (Post 17484991)
*Applying for a payoneer account*

I wouldn't trust them with my money.. no fucking way.

chronig 09-09-2010 12:36 PM

Michael O: Man, we need to tell them something... they're really going crazy over there on GFY and elsewhere... I think holding this back any longer will just make things worse
Chris Mallick: Well there's nothing to say, the money's gone, and we can't tell them that, come up with something
Michael O: Something like what?!
Chris Mallick: I don't know, some sort of speculative bullshit, tell them the money is safe, but we have no exact answers on the situation as of it
Michael O: Sigh... ok...

BetChips 09-09-2010 12:36 PM

Michael, come on man, I sent an email to you when this first popped off about how important my epassporte funds are to me right now. There has to be a better explanation as to where our funds are at and what solution there is to get my money and when? Please help

Michael O 09-09-2010 12:36 PM

We have received a high number of wire disbursement requests and we must manually review each one at this time. Please bear with us while we work through this
backlog. We will notify you once your wire is sent.

lucPL 09-09-2010 12:36 PM

all funds are frozen thats why no single wire went out

ACH are working because they have other account, in US, with some small funds only to cover few ACH so that funds are propably gone by now.

TheSenator 09-09-2010 12:37 PM

I need a timeframe

flashfire 09-09-2010 12:37 PM

What about the wallet wires!

SironMe 09-09-2010 12:37 PM

Its seems - this is the end. :(

chronig 09-09-2010 12:37 PM

Quote:

Originally Posted by Matyko (Post 17485013)
a friend of mine who i discuss this with atm just did a funny translation of the statement:
"The details are complicated" = we don't know what is happening
"funds in motion" = we are trying to withdraw what we can and run as fast as possible
"ePassporte's most important asset has always been our account holder's" = thanks you for your money
"We are not going to undermine that asset by treating cardholders in any manner other than the best we can" = we need you to believe everything is safe so we will have time to steal your money
"Most of us have had the unfortunate experience of dealing with banks and card associations that simply ?cut us off? and did not pay us" = everybody is nowadays ripping off ... so you should be prepared for this
"it does not help any of us if we are constantly updating you on the basis of the calls that take place almost hourly" = STOP FUCKING CALLING US IDIOTS

I don't say this is true 100% but at least its funny as hell :D

Personally I think this is RIGHT on the money. :2 cents::2 cents::2 cents::2 cents::2 cents:

The Other Steve 09-09-2010 12:37 PM

Quote:

Originally Posted by Shap (Post 17484930)
I think there is money. They specifically said it's safe. The question is do they have access to it.

... and will they ever get access to it. The suggestion that things are delayed because "there are funds in motion" seems a little strange. There are always funds in motion in a banking system and if we have to wait till those funds stop being in motion then we could all be a lot older before we see any of our funds.

flashfire 09-09-2010 12:38 PM

Quote:

Originally Posted by Michael O (Post 17485024)
We have received a high number of wire disbursement requests and we must manually review each one at this time. Please bear with us while we work through this
backlog. We will notify you once your wire is sent.

has one gone out yet? seriously...if you haven't done any thats not "working through them"

SallyRand 09-09-2010 12:38 PM



We know who Billy Joe is but who in the ePass debacle is Bobbie Sue?

Just wonderin'.

Sally.

FlexxAeon 09-09-2010 12:38 PM

Quote:

Originally Posted by Michael O (Post 17484796)
We at ePassporte are as distressed as you, our valued cardholders, over an action that we did not see coming and as of today we still have received no good basis for it.....

Chris Mallick
For ePassporte

@ Chris.... There has to be some basis though. Whether it's good or not...is that the CM/epass opinion? I'm sure by now, you're received some reason/excuse from the bank as to why it was done. They didn't request Visa to stop it "just because". If you've been in contact with the bank, they have to have told you something by now. Whether it's good basis or not, I'm sure will be judged later.

For the record, I'm not out of any money in this situation. I ask on behalf of the people.

mikke 09-09-2010 12:38 PM

Quote:

Originally Posted by Michael O (Post 17484819)
If you have questions to this please email me [email protected] and I will answer you within 24 hours.

Michael, i sent You mail like 24h ago without any answer from You :(

ContentPimp 09-09-2010 12:38 PM

I just want to know if my money is gone or not so I can get off gfy and have a good night sleep.

tranza 09-09-2010 12:39 PM

Quote:

Originally Posted by Michael O (Post 17484796)
This issue stems from our processing and reporting ability through the Visa system and their processor.

What was the reason Visa gave you for cutting you out?

Quote:

Originally Posted by Michael O (Post 17484796)
Most of us have had the unfortunate experience of dealing with banks and card associations that simply ?cut us off? and did not pay us.

WTF are you talking about? This is NOT something that happens all the time. Don't act like it's business as usual.

Quote:

Originally Posted by Michael O (Post 17484796)
We all fully understand that communication to our cardholders is critical. However, it does not help any of us if we are constantly updating you on the basis of the calls that take place almost hourly. It seems to us that giving you facts, based on agreements we are working on is the best form of communication.

Can you give us any information about what kind of calls you are having, and what kind of agreement you want to achieve?

Quote:

Originally Posted by Michael O (Post 17484796)
We too have funds that are stuck in the system, as well as massive costs of operation without any income.

I guess we should all feel sorry for you, huh?

Quote:

Originally Posted by Michael O (Post 17484796)
For those of you that have been in the industry for many years, I hope you will recall that I have a very strong track record of fighting for the rights of webmasters, program sponsors, billing companies, merchants and the industry; that dedication continues.

Thanks you for your understanding in this difficult time and for your support over the last 8 years of our operations.

I really do hope you guys can figure a way to turn the table, and I have supported Epass from day #1. But the lack of answers regarding what is really happening is very disturbing.

adultwebmestar 09-09-2010 12:39 PM

My money is safe in Mallick's pocket...

Kiopa_Matt 09-09-2010 12:40 PM

The funds are "safe and secure", but ePass is working hard on getting the funds "returned". Huh???

So the VISA cards weren't just "suspended", but instead the funds were seized?

2intense 09-09-2010 12:40 PM

Quote:

Originally Posted by Jarmusch (Post 17484991)
*Applying for a payoneer account*

same here :(

DEA - banned for life 09-09-2010 12:41 PM

http://aaronreddin.com/wp-content/up...oes-online.jpg

J. Falcon 09-09-2010 12:41 PM

Quote:

Originally Posted by HighlyIntoxicated (Post 17484969)
Thanks for making us wait for absolutely nothing Micheal.

You mean Mr. Mallick right?

Mystica 09-09-2010 12:41 PM

ok guys you may now sleep. hehehe the long wait is finally over.

blofer80 09-09-2010 12:41 PM

Quote:

Originally Posted by Michael O (Post 17485024)
We have received a high number of wire disbursement requests and we must manually review each one at this time. Please bear with us while we work through this
backlog. We will notify you once your wire is sent.

Can you conirm wires are going out? Because i am talking with people and nobody got any notification about its wire going out.

EXPLAIN THIS. OR TELL US WHEN WIRES ARE REALY GOING TO BE SENT.

THANK YOU

DavieVegas 09-09-2010 12:42 PM

Quote:

Originally Posted by Rui (Post 17485017)
Thanks a lot.

Already feel not only more calm, but reassured my money and the service is safe!

Now I can finally get some decent sleep and not have to worry about this whole thing and the impact in mid/long term in the industry.

So once again thank you for the enlightened and informing PR statement!

Ur fucking joking right?> Is this to get ur post count up moron?

lucPL 09-09-2010 12:42 PM

its funny that Chris M. had 20 million to sink in bad movie but dont have a few grand to hire more accountant people that could handle withdrawal request FAST

propably one guy is working on it and it will took him like 2 years to review every wire request

J. Falcon 09-09-2010 12:42 PM

Quote:

Originally Posted by webgurl (Post 17484973)
As far as I am concerned , Epass is still the number 1 option for methd of payment in our industry right now and caters to us very well .
<sigh>

No offense, but how the fuck do you figure?

DEA - banned for life 09-09-2010 12:43 PM

http://i.zdnet.com/blogs/closed-for-business.jpg

seadevil 09-09-2010 12:43 PM

Second, ePassporte is working with the St. Kitts bank to work out how all payments will be made and when.<<<

Michael if Chris is working on ways to get people money to their destination does it mean that visa wont be working longer with epassporte? I mean that you are looking for alternative transfer methods besides very convenient epass card ATM withdrawal?

Michael O 09-09-2010 12:43 PM

We are sending out money via ACH and Original Credits these move faster since its an automated process.
Wires have to be handled manually and all employees are working overtime to send them out as quickly as possible.

Kiopa_Matt 09-09-2010 12:44 PM

Quote:

Originally Posted by webgurl (Post 17484973)
As far as I am concerned , Epass is still the number 1 option for methd of payment in our industry right now and caters to us very well.

How does it currently "cater" to us? It doesn't bloody work at the moment.

V_RocKs 09-09-2010 12:44 PM

The only HAPPY thing from all of this...

Yesterday I requested an ACH into my bank account of the funds I had in my wallet.. Today they are in my account. Go figure...

chronig 09-09-2010 12:44 PM

Quote:

Originally Posted by lucPL (Post 17485057)
its funny that Chris M. had 20 million to sink in bad movie but dont have a few grand to hire more accountant people that could handle withdrawal request FAST

propably one guy is working on it and it will took him like 2 years to review every wire request

No no no sir, nothing to do with that, the money is gone, there is no dilbert in the basement processing the wire forms one by one

tranza 09-09-2010 12:45 PM

Quote:

Originally Posted by elron (Post 17484959)
1 - Why did visa close your partnership program ?
2 - How come the money on prepaid cc's is still not accesable after a week ?
3 - Who is holding the funds on those prepaid cc's ?

Answer these 3 questions and i will trust you like trusted you all those years.

I second that. We need some real answers here.

:(

Trax 09-09-2010 12:45 PM

Michael O: Bring one (1) webmaster here who has got a wire sent to them... screw a big backlog... even with a HUGE backlog at least 1 wire must have gone out.
You keep saying we should wait, but you have yet to state that you have already sent wires... bringing somebody to post proof that they have received a wire would calm people big way.


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