I am pretty sure that the Bank is not doing anything to jeopardize their relationship with MC. If they allow gambling, then they can do it legally. Also we are here for the long term and learned the lesson from Epassporte. We will be having multiple banking relationships to make sure that if something happens beyond our control, we can quickly replace the cards to our webmasters and compensate the loss with our own funds. I am actually very surprised that Epassporte didn't have a back up solution in place and just let a successful business collapse.

Nice to see pimproll on the list: https://www.paxum.com/payment/sponso.../sponsors.xsl& :winkwink:


:1orglaugh

Will,

We make mistakes as all human beings. I understand why you might not like us, but thousands of webmasters need our service and that's why we are growing so fast. We are adding sponsors daily (i know you will make fun of that mistake with that list) but nonetheless the list is growing. We haven't put many programs there since we are waiting for official announcements from program owners. You made your point that you don't trust our company. We can't do anything at the moment to prove to you otherwise, however in due time we will prove ourselves.

I don't think will doesn't like you guys as much as he doesn't trust a company that pops out of nowhere and asks people to let them manage their money.

I have to add I love how people think receiving a paxum card and testing it means everything is good to go. Anybody starting an epass alternative will have everything running when you test it. How safe is your money that is the real question.

Sponsors are also leary. I know of a few that funded the night before ePass decided to go bye bye, yet did not payout to the affils VVisas, and they still do not have their money back. That is a huge issue. Sponsors are no longer idiots with this kind of thing.

Fool me once........ type of thing.

:2 cents:

Shap I agree that it might look that way. But there is nothing we can do to prove that we are here for the long run and have no intention of screwing people. We have been wanting to launch after the new year and knew it would be a tough battle to win people over from Epass. With Epassporte gone, we couldn't delay the launch. This whole situation made us grow enormously the past 20 days since we have been open to the public. If I were Chris Mallick and lost all epass money due to bad investments, I would find the money somewhere to compensate the loss by selling a part of my business, but i would definately keep the cash flowing. What he did to the company can't be explained and his unlogical decision will hunt our company for a long period. Thats why we also want people not to use us as a bank. Get the money and withdraw it asap. Dont keep it there for long. Since this way we also protect ourselves in the case where our bank loses its ability to work with MC. The less cash that is sitting in the prepaid card accounts, the easier it is to comensate that loss with our own funds.

Yeah Epass and Webmaster Checks two nice big hits.

As a competitor dropping the old "he lost everyone's money with bad investments" seems a little shitty on your end. That has been 100% unsubstantiated rumor and as someone trying to build their business you should probably stay away from rumor and stick with facts. Just my :2 cents: