Epassporte Visa - Official Launch

[Rand]

--- Epoch News / Special Edition / For Immediate Release ---

Monday January 6, 2003
Over the past several months, Epoch has been working toward the launch of a new product that will change the way business is done on the Internet. Today, we are very excited to announce the launch of epassporte.

What is it?
It is a Visa card. It is a PLUS ATM Card. It is the answer to billing for previously blocked transactions. Epassporte has an unlimited number of potential applications. One of which is a solution for processing high-risk and previously blocked transactions that might not otherwise be accepted due to scrubbing. It is also an anonymous way for people to buy adult entertainment online, without the charges appearing on their regular credit card statement. Epassporte also includes peer-to-peer payment functionality, which has virtually limitless applications.



How Does It Work?
Epassporte is a Visa debit card. It functions just like any other Visa card for online transactions and can be obtained in real-time in virtually seconds from epassporte's homepage. Seconds? Yes, Visa cards are issued online and in real-time to new epassporte cardholders. The online use of epassporte is accomplished with the epassporte Virtual Visa, meaning the card number, expiration date, and CVV2 number are obtained at the moment that the epassporte account is loaded. The epassporte Virtual Visa may be loaded from any Visa or MasterCard. Once the epassporte account is loaded with stored value, the epassporte Virtual Visa is created instantly, online and ready to use for purchases. And of course Epoch has seamlessly integrated this entire process into its systems.


Why?
Why use epassporte? If you are a surfer and live in a country whose transactions have been blocked, now you can purchase online using a pre-funded debit card from epassporte. Since the surfers' credit card is being charged using a special code to load the Virtual Visa, it is extremely difficult to charge back. Additionally, the epassporte Virtual Visa provides anonymity for the surfer because all online purchases will appear only in the epassporte electronic account statement and never on a mailed card statement.


Webmaster Applications.
Epassporte is much more than a tool for billing. It is also a peer-to-peer payment mechanism. Now you can move funds to any other epassporte account holder around the world at any time with the click of a button. It costs less than the price of a stamp to transfer funds from one account holder to another with no minimum or maximum limits. This means no more wire fees; no more checks to write, stamp and mail; no more Federal Express or UPS charges to send payments to your affiliates; no waiting for the check to arrive; and foreign webmasters will have no further problems with receiving funds in a timely manner and without unnecessary consequences or additional costs.


Show Me The Money!
"Epassporte is a Virtual Visa and I don't do all my shopping online. I want cash!

No problem. The epassporte Visa Electron card is the plastic companion to the Virtual Visa account. It arrives to your address in about 10 days. Use your epassporte VISA Electron card to get cash at ATMs bearing the PLUS and/or VISA logo or to make purchases at PIN-based merchants anywhere Visa is accepted. One account, two numbers. Use epassporte online or around the corner - all over the world.


Pay your affiliates, your hosting provider, your talent, or anyone that you normally send payments to. No other payment method is this easy and convenient.


Worldwide Launch!
Epassporte launches today and you can speak to any epassporte Representative at booth #204 at InterNeXt in Las Vegas. Not attending InterNeXt? We know that Webmasters will have lots of ideas about how this new tool can be used. Let's discuss the possibilities.

Find out more by going to our website at https://www.epassporte.com or writing to [email protected].

[adultone]

All I see is a request for Username and Password

[psyko514]

it's about freaking time someone came up with something like this. i'm curious as to how epoch benefits from this.

epassporte.com requires authentication... what's up with that?

[Hooper]

congrats to the guys at epoch/paycom.

a very good idea and i look forward to making more $$$ off of it :-)

[Theo]

i love the idea and can't wait to learn more about it,why does the site asks for password?

[Rand]

I'm getting the press release out early. The site will be launched before 10AM Pacific time.

I will be back with more about epassporte and to answer your questions. I expect this thread will light up after the GFY Internext Warm Up party which I hear is such a success that it's tough to get in!

[Theo]

nice,i'll check it later on

[Mutt]

i think the question everybody wants to know is if this Epassporte thing can work with recurring billing? I guess if PayPal can no reason this can't?

the other weird thing is that at a time when everybody is fearing VISA's wrath against Net porn this card has just opened a big door for scammers. All those regulations that VISA unleashed on ISPS and sponsored merchants don't apply to this e debit card i'm assuming. It's going to allow for all sorts of shit.
What rules are there for people who want to accept the Epassporte virtual card? Anybody with a webpage can sell stuff with it?

Why is this better than PayPal? PayPal can do pretty much all this can't it?

Are there any restrictions on which kinds of businesses can accept it for payment? Casinos?

sounds great but i just don't see the difference between this and PayPal. Maybe i'm missing something or I think PayPal has capabilities it doesn't have.

[psyko514]

Mutt, it's pretty much a Visa check card. But instead of having the funds in a bank account, you load the card up with funds from another credit card.
It should be able to support rebills, just so long as the funds are available.
I'm assuming anyone who can accept Visa can also accept this card and they don't take a percentage, like Paypal.

Of course, this is all just my understanding of the card.

[sextoyking]

Yep, sounds pretty cool.

pretty much a pre paid debit card. Like you can buy online, i.e. 100.00 mastercard / visa I buy for some kids in the family.

Paypal sounds about the same, they offer a paypal Mastercard Debit / atm card also. This of course would probably be good for some ppl in countries that paypal doesn't allow.

I also would like to know if it works as an Offline POS card.

Not as an Atm card, or a pos card with pin, but to be used anywhere visa is accepted without a pin code.

thanks

[psyko514]

Originally posted by sextoyking
I also would like to know if it works as an Offline POS card.

Not as an Atm card, or a pos card with pin, but to be used anywhere visa is accepted without a pin code.

Use your epassporte VISA Electron card to get cash at ATMs bearing the PLUS and/or VISA logo or to make purchases at PIN-based merchants anywhere Visa is accepted.

doesn't sound like it...

[sextoyking]

Nope, sure doesn't sound like it, that's why I asked.

like with my Bank Check Card, I can use it as an atm card with pin to take out cash, buy something with a pin code, or just use it like a reg. visa, but it take out from my checking account.

will wait for rand's comments and see what he says.

if there still using there Credit Card to pay for this new visa and to load funds, what is the CB prevention???

what's good for epoch in this situation is that if this gets big, alot more transactions might go through them. then also like paypal, they can charge webmasters for paying affiliates though it, etc. mabey charge the customer a small one time fee or something for getting the card.

[Mutt]

thanks.

i guess it's just my criminal mind but i KNOW right now since this thing works peer to peer there are eyes lighting up all over with the possibilities this opens up.
Since it's harder according to Rand to get a chargeback, every thief online will run to this solution. If VISA wanted some kind of control over this industry in particular, they just opened a backdoor the size of Texas.

Let's just say I want to sell warez online, this is perfect for it, i don't need to go through an IPSP, i can use EPassporte. I can set up paysites all night long with nothing inside them, the money goes straight to my card, the only thing i have to worry about is the 'victim' doing a chargeback but as Rand says it's not as easy with this card. If I get too many chargebacks or some people report that i was selling warez or some other scam I lose my Epassporte privileges but all I have to do is create another one which he says is not difficult.

[sextoyking]

Good points Mutt,

also, belive it that epoch or whoever will have access to all these accounts to make adjustments, fraud controls, etc.

Just like paypal, alot of ppl will leave money in these cards, not spend it all at once, that means they will make interest, which is ok, but not to rain on epochs parade, but unless there is more to this card, well......

When I buy those 50-100-500.00 mastercards for some of the teenagers in the family, it comes in a few days, they can take out cash, or use it POS, prepaid, once it's gone, it's gone, unless you reload.

my cost, 5-7.00 for the card plus the amount on the card.

the big thing that will help cb's go to zero is:

Get a card swiper on your Kboard like they talked about 3 years ago, so all transactions will be termed Sale in person, Sig., etc.

or

Find a way for people to buy goods / services online with there atm / credit card, but using there pin code with it.

must not be a way right now for the atm thing, I think Joee was going to do atmbilling.com but??

[Rand]

Psyko514,

epassporte is a pre-funded Visa Card. Advantage? It becomes very difficult to chargeback a transaction processed with epassporte.

It does indeed support rebills. And now you can accept transactions from previously blocked countries. The epassporte Virtual Visa can be created instantly and used for online purchases immediatly. Instant gratification.

The companion Electron card is Visa's most secure product and is widely used throughout the world. Electron cards do require a PIN code as they are for electronic use only. But, this means you can withdraw funds from any ATM or use the card at any PIN based merchant (displaying the Visa or PLUS logo). Buy gas or groceries. Send money instantly to kids in college. Send funds around the world for .25 cents to any other epassporte card holder or load the virtual card and withdraw cash using the Electron card. Funds are avaiable instantly. It faster, cheaper, and better than wires, checks, PayPal, or any other current means of sending money.

With epassporte, those online transactions that could not previously be processed now have an alternative. This will increase sign-ups and conversions while driving down chargebacks. Win-win.

[ServerGenius]

Great Epoch reinvented the cyberwallet idea......coz that's what
it is......load money into a virtual account and get credited from
that.......really revolutionary......not

DynaMite

[sextoyking]

Hi Rand,

good comments. so of course it can't be used offline as a POS card without a pin code?

also, you say it will lower cb's, sure I can see that with a pre-paid visa card, but remember they have to buy this pre-paid card somehow correct??

so they use a credit / debit card to purchase this, what diff. fraud controls do you use on this, that you don't use now??

avs, cvv2, etc, etc.

[sextoyking]

Not trying to be a pain Rand, you know I like epoch, but I know the merchant game better then most. ecommerce, merchant info, etc is a fav. hobby of mine.

when Packard Bell was going to put the card swiper on there keyboard a few years back, I almost had a stoke, was so damm happy never happ. though...

[psyko514]

Rand, I'm aware of all of that.
My question is how does Epoch benefit from this? Obviously, they'll increase their revenue, but they're potentially increasing the revenue for other billing companies as well, right?

Will anyone with a merchant account be able to accept epassporte payments?

[Rand]

Originally posted by sextoyking
Hi Rand,

good comments. so of course it can't be used offline as a POS card without a pin code?

also, you say it will lower cb's, sure I can see that with a pre-paid visa card, but remember they have to buy this pre-paid card somehow correct??

so they use a credit / debit card to purchase this, what diff. fraud controls do you use on this, that you don't use now??

avs, cvv2, etc, etc.

This solution will lower chargebacks because the card used to load the epassporte will show as an account funding transaction utilizing CVV2, AVS, etc... and that particular tran type has it's own set of rules very different from high risk transactions. And, once Verified by Visa kicks in and is utilized, it will be virtually impossible to charge back these trans. It is becuase of these differences that Epoch stands to benefit. Increased revenue, reduced chargebacks are always the prize we're after. Think about the number of trans that fall on the floor becuase they come from a region that is so high risk that we can not risk the sale. Now, they will no longer be such a risky transaction. Add to that the anonymity that comes with using this card and you have a great selling point to the consumer. Their bank, their spouse, or anyone else with access to their credit card statement will ever know what they purchased online other than epassporte. All purchases with the epassporte card show up on their online statement only. No more embarassing discoveries to argue about. This is all stuff on the consumer side. I truly believe that the peer-to-peer stuff may, at least in the beginning, be a much bigger deal to most webmasters than the reality of an improved payment method for their surfers. There are a lot of possiblities here. We have several experts in the field of electronic commerce, fruad, and credit card transactions working with us on this project watching it every step of the way, which, is a much longer journey than anyone might think. There may ultimatly be some changes made once we begin to see wide spread usage, but we really feel that we've delivered a first rate, well thought out product that will indeed make significant changes to most programs.

[Cash]

There are European banks, and I believe not a few, that issue a virtual card next to the real card. The virtual card can be used only on the internet for payments, and it's credited with amounts from the real card, which cannot be used in online trasactions. The reason to issue 2 cards is to protect the cardholder against unauthorized charges. Therefore the cardholder has money or credit in his real card, and transfers instantly online the necessary funds to the virtual (Internet) card - and most of the time he transfers only the exact amount needed for the transaction, so that he cannot be stolen money off his virtual card, since there is no money left there after the quick transaction.
And that's exactly the point - most of such cardholders would not keep a dime in the virtual card, making it impossible to be rebilled, which is the core of the adult biz.
I guess that's why I notice (for me at least) a clear decrease in (Western) European sales - it may be due to this situation, that their card cannot be rebilled successfully, and they are not wanted in a per-signup program, at least.
And it seems to me this epassporte is exactly what I described above. Good for chargebacks and more countries accepted, but bad for rebills.

[sextoyking]

Thanks for the comments Rand and cash,

First to cash, yes, Amex, Discover, and I think some other us card issuing companies / banks already will let you have a "virtual" card to use for online transactions, good idea, but more work for the consumer. In retail and online, we want them to pop the card out and buy, buy, buy.
------------------

Rand,

I have talked with visa several times about verified by visa, most large banks will get this going soon, usbank, wells fargo, BofA, etc. this won't cut down Cb's to zero, but your correct, almost no cb's once they use the VbV pin code that the bank issued to them.

Sure the account that you process the sales for to buy these new cards can have a diff. sic / merchant code, and use avs, cvv2, fraud dbases, etc. but I still think it might be an issue. I could be wrong though, there will be fraud, but mabey most scammers won't go to the trouble of using it.

One thing I gotta give you kudos on is that you came out with something half way new. I mean our industry hasn't had alot of new ideas lately.

best of luck with the new program.

Shalom

Todd

[psyko514]

Will funding an epassporte be considered a quasi-cash transactions, therefore accumulating interest like a cash advance?

[Rand]

Originally posted by Cash

And it seems to me this epassporte is exactly what I described above. Good for chargebacks and more countries accepted, but bad for rebills.

Let me say this to clear up any confusion. epassporte is an alternative for otherwise denied transactions, not a replacement for otherwise good credit card trans. Of course a good cc tran is the preferred payment method. We are not looking to reinvent the wheel, just add another spoke. If you are sending your denied trans to an alternative payment method, epassporte will prove to be a more valuable alternative. Forget about the current bad email databases, fraud db's, blocked countries, etc... because now there's a viable alternative which will convert better, pay better, and increase sales.

[psyko514]

Will there be an affiliate program?

[ServerGenius]

Originally posted by Rand


Let me say this to clear up any confusion. epassporte is an alternative for otherwise denied transactions, not a replacement for otherwise good credit card trans. Of course a good cc tran is the preferred payment method. We are not looking to reinvent the wheel, just add another spoke. If you are sending your denied trans to an alternative payment method, epassporte will prove to be a more valuable alternative. Forget about the current bad email databases, fraud db's, blocked countries, etc... because now there's a viable alternative which will convert better, pay better, and increase sales.

Once the consumer finds out that for him it's safer to use this
type of payment as he can prevent rebills......what do you think
he will use in order to pay? His good credit card....risking unwanted rebills or his virtual cash account?

DynaMite

[Rand]

Originally posted by sextoyking

One thing I gotta give you kudos on is that you came out with something half way new. I mean our industry hasn't had alot of new ideas lately.

best of luck with the new program.

Shalom

Todd

Thanks Todd. There are no perfect solutions but we think we've found one that has a lot of postive potential. We are quite anxious to see what the online community can do with this product. We are already working on phase 2 and 3 and I'll bet phase 4 and 5 won't be far behind.

[Rand]

Originally posted by DynaSpain


Once the consumer finds out that for him it's safer to use this
type of payment as he can prevent rebills......what do you think
he will use in order to pay? His good credit card....risking unwanted rebills or his virtual cash account?

DynaMite

I think your concern is multifaceted. I personally don't think your average adult-entertainment surfer seeking instant gratification will go to this kind of effort to keep you from your rebills. Those wise enough to figure this into their equation are smart enough to cancel their 3 day trial before it converts.

I hope that everyone out there is hoping to have happy customers who desire to be members. Not thriving on the forgetfulness of those who don't cancel and look at their statements. Those are chargebacks waiting to happen. But, I know the reality and I'm not blaming you for asking the question.

I think once all is said and done, the positive affects of increased sales would far out-weigh any loss such as those in the scenario you describe.

[Cash]

Rand, thanks for the reply - I don't pretend I know many things, I just comment on what I saw in my adult biz experience. Can you please explain this better?
A surfer is from a blocked country or on a CC blacklist, he wants to signup and is denied the transaction by the main(s) CC processor(s), and in a cascade billing he gets to epassporte billing - is it true he can have the a/m behavior, i.e. to have enough funds in his epassporte account just to pay for a specific transaction and prevent rebills, like DynaSpain/Dynamite said? BTW, in Spain they have banks offering such cards.
Cause this is the main issue I see here - how can a sponsor charge the trial without being able to rebill, and pay webmasters $35/trial signup?
I mean maybe I don't get it, but I'm sure others would ask you as well, that's why an explanation would be nice.
I don't use paypal, and I wonder how sites charging through paypal can rebill and pay webmasters $35. I guess they send them an email at the end of the trial period asking them to pay again for another month - maybe this would be the solution with a virtual card as well.
Is epassporte the same with what I described above as "virtual" card? Cause IMO, high fraud risk countries' banks issuing the 2 parallel cards to their citizens (who are of course from a high fraud risk country, and a new target for epassporte) want to prevent this - fraud.

Btw, what percentage, roughly, from the total sales has epoch from Western Europe (mainly compared to the US sales)? Thanks

In reply to your answer with the cancellation before the trial ends, I guess people would back this by making it impossible to be rebilled so they don't get burnt.

[Rand]

Originally posted by psyko514
Will funding an epassporte be considered a quasi-cash transactions, therefore accumulating interest like a cash advance?

I do not beleive the account funding tran is the same as a cash advance. My understanding is that it is basically a retail type of transaction like buying a gift certificate. I'll get the definitive answer for you.

[Rand]

Originally posted by psyko514
Will there be an affiliate program?

What did you have in mind??

[psyko514]

I don't use paypal, and I wonder how sites charging through paypal can rebill and pay webmasters $35. I guess they send them an email at the end of the trial period asking them to pay again for another month

You can set Paypal up to charge for subscriptions. If someone purchases a subscription to your site thru Paypal, Paypal will automatically debit their Paypal account and place the funds into yours.
If the person doesn't have funds in their account, the funds will be taken from the credit card that they have on file with Paypal.

[psyko514]

Originally posted by Rand


What did you have in mind??

Well, it's a half-joking, half-serious question.
If someone's transaction is declined with their regular card, and we refer them to epassporte to apply for a card, will we get 60% of all purchases? Or $35 per signup? Or 12 cents per click thru?
Ok, I'm pushing it a bit... but will we get anything for referring someone to sign up?

Also, is it pronounced "e pass port" or "e pass portay"?

[Rand]

Originally posted by Cash
Rand, thanks for the reply Can you please explain this better?
A surfer is from a blocked country or on a CC blacklist, he wants to signup and is denied the transaction by the main(s) CC processor(s), and in a cascade billing he gets to epassporte billing - is it true he can have the a/m behavior, i.e. to have enough funds in his epassporte account just to pay for a specific transaction and prevent rebills, like DynaSpain/Dynamite said? BTW, in Spain they have banks offering such cards.
Cause this is the main issue I see here - how can a sponsor charge the trial without being able to rebill, and pay webmasters $35/trial signup?
I mean maybe I don't get it, but I'm sure others would ask you as well, that's why an explanation would be nice.
I don't use paypal, and I wonder how sites charging through paypal can rebill and pay webmasters $35. I guess they send them an email at the end of the trial period asking them to pay again for another month - maybe this would be the solution with a virtual card as well.
Is epassporte the same with what I described above as "virtual" card? Cause IMO, high fraud risk countries' banks issuing the 2 parallel cards to their citizens (who are of course from a high fraud risk country, and a new target for epassporte) want to prevent this - fraud.

Btw, what percentage, roughly, from the total sales has epoch from Western Europe (mainly compared to the US sales)? Thanks

In reply to your answer with the cancellation before the trial ends, I guess people would back this by making it impossible to be rebilled so they don't get burnt.

I'm not sure I follow all of this. But let me address the funding part. Epassporte has minimum load values. For example, to get an epassporte card, you must at least load $50 into the account. That's enough to cover most any trial and conversion. One of the things we discussed and I'll need to check to see if it was implemented was to pre-auth (lock up the funds) for the conversion so that the conversion was virtually guaranteed. Epassporte card holders are encouraged to keep balances on their cards so as not to lose money as well. When a balance falls under $25 for more than 30 days, they incur an account maintenance fee. An upcoming feature for epassporte will allow surfers to have automatic funding to their epassporte card and/or a top off feature once the balance reaches a certain amount. The marketing of the card is to encourage use and to encourage balances. This is better for you and better for us. Relating to my previous post, we are working on the idea of a happy customer who actually wants to be a member of your site. Happy customers who could not pay any other way are the target audience of epassporte.

As for the percentage of European sales vs United States, I don't know those figures myself. But Clay can chime in on that one if he would like.

Hope that helped.

[Rand]

Originally posted by psyko514


Well, it's a half-joking, half-serious question.
If someone's transaction is declined with their regular card, and we refer them to epassporte to apply for a card, will we get 60% of all purchases? Or $35 per signup? Or 12 cents per click thru?
Ok, I'm pushing it a bit... but will we get anything for referring someone to sign up?

Also, is it pronounced "e pass port" or "e pass portay"?

You Rock! LOL!!!

I beleive we are discussing something along these lines but I'm not sure anything has been decided. Everyone wins when a declined order gets approved through epassport. But, stay tuned on that one or drop me an email so I can get back to you once I get back from Vegas.

As for the pronunciation... it is E-PASS-PORT.

[m0rph3us]

will card holders be able to use these cards with any biller or only epoch?

[Cash]

Rand, it did help, thanks for the reply
It seems that epassporte is a bit different to what I said in my above posts, and this is to the better, so it makes rebills possible. Thanks!

[Rand]

Originally posted by m0rph3us
will card holders be able to use these cards with any biller or only epoch?

Epassporte is a payment method being offered for high risk trans processed by Epoch and non-high risk through any processor accepting Visa.

--Rand

[Chris Mallick]

Good Morning from Las Vegas.....

5:30 a.m. and reading Rand's posts makes me wonder if I'll see him on the show floor today. Good job Rand!

To All.....

Today we are launching epassporte, as you are reading. Next Monday at 10:00 a.m. Pacific Time we will have a dial in call for all of you that are not at InterneXt or for those of you that were here and had more questions. The call time should allow Webmasters around the planet to call it a decent hour, wherever you are.

Rand, Clay and I would like to be on the boards today responding to every question, as we enjoy answering your questions and we learn a great deal as well. We will do our best from the show floor to be online and to answer questions today. However, we are expecting a large number of people today and for the next few days at the booth. So we decided to set up the dial in call next Monday. This will be an easy to use call in service. We will give a 10 minute presentation and then open up the call for questions. There will be web access to the service so you can see who has called in. A moderator will also que your questions so there won't be any chance of missing due to cross talk.

WE are alos going to ask D$ to have us on his show for a discussion as well. I think we may even get a bit of show coverage.

In the meantime please visit epassporte.com after 10:00 a.m. PST today and go through the site. No website is perfect the day it is launched, so please excuse any errors. I do think you will get a better idea of our functionality and features by surfing the site.

Thanks to all for you congrats This is going to make all of us a lot more money and we at EPOCH are excited to be the ones powering the product and launching it first to the Adult Webmaster Community.

Chris
CEO EPOCH

[Kinder]

As an east european webmaster I am used to see how my Visa is rejected by many credit card processors (CC Bill, Paycom, Jettis and 2checkout.com) only because I live in a place considerated a "high risk zone"

Also I am unable to have a PayPal account because citizens from my country are not allowed to use their services .

My bussines is currently affected in a severe manner due to my incapacity to purchase services (like buying traffic or design) from other webmasters, because all of them use Paypal.

From what I understood by reading Rand's post all these things will become history.

Finally I want to thank you Epoch in the name of all east european honest webmasters for launching this extraordinary service!

[Kinder]

bump

[Halcyon]

Hey, long time lurker- first time poster.
Glad we can finally talk about this! (the veil of secrecy has been thick, my friends)
FLASHCA$H has been working with Rand and the guys and are using the e-passport TODAY for payouts.
Our signup program payouts are credited INSTANTLY to your
virtual card and you can spend it / withdraw it at an ATM the moment the surfer?s transaction goes through. (Note: the surfer pays as normal, the e-passport is being used to pay YOU in real time.)

This means that you get paid instantly. Make a sale, and your money is available on your virtual card INSTANTLY. Go spend it or take it out of an ATM. Make another sale 10 minutes later? That cash is in your account.
You get paid, not next month, not in 2 weeks, but INSTANTLY. Its like the surfer is right in front of you handing you cash.
Sign up at http://www.flashcash.com/RealTimePayments
Or if you are already an affiliate, just select ?real time payment? after you sign in.

Hope I get to meet some of you cats here at Internext. Come by Suite 33140 during the day for drinks.
-Halcyon
http://www.flashcash.com/RealTimePayments

[vegasdude]

Rand this will be a perfect solution/backup for the ebooks business also.... I cant take customers etc. from asia where most gamblers live.. so right there I lose several hundred sales a month of my ebook!

I will sure make it an option on my upcomming project also!

Regards
Vegas

[Kinder]

the site is up guys!

[m0rph3us]

will there be any other methods for supplying funds into the Virtual VISA aside from another credit card? What is the max funds limit that each Virtual VISA can have?

[Kinder]

WTF??!! I tried to sign up but I get this error

"Please Check your card expiration"

My credit card expiration is 07/04 and is exactelly what I inputed in the signup form. Also over 500$ are currently deposited in it.

Oh, please don't tell me that east europeans won't be able to have an epassport!


Sims that the "high risks zone" problem is not solved yet.
This sux!

[Rand]

Originally posted by m0rph3us
will there be any other methods for supplying funds into the Virtual VISA aside from another credit card? What is the max funds limit that each Virtual VISA can have?

Currently you can only load an epassporte (personal) account with a Visa or Mastercard. A future enhacement should allow loads from ACH (online checks) but the details of this have yet to be worked out.

Commercial and Corporate accounts can fund 1 to 1 million cards by using an custome interface and sending funding by wire.

Now is a good time to note that once an epassporte account has been established, funds of "any amount" can be sent to any other epassporte account. Want to send a penny? You can. Want to send a thousand, ten thousad? Instantly transfer money. I mention this because I think it's the microtransactions that will get people's attention here. Get your heads around that concept and let us know what you could do with that.

[Rand]

Originally posted by Kinder
WTF??!! I tried to sign up but I get this error

"Please Check your card expiration"

My credit card expiration is 07/04 and is exactelly what I inputed in the signup form. Also over 500$ are currently deposited in it.

Oh, please don't tell me that east europeans won't be able to have an epassport!

Quiet, Where in the process exactly did you see this message? It sounds like there was a mis-read or something. Epassporte is not blocked to any country. It has global acceptance and anyone anywhere in the world can get one. Of course you will be able to get a card!

[Kinder]

Rand I tried several times to join but the transaction is denied with the following reason

"Please Check your card expiration"


I gurantee you that my credit card is perfectly valid, I pay my host with it, domains etc...

Please fix your processor so all people could join!

[Mutt]

Quiet?