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ePassporte Taking a Piss?
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Bullajami
Uber Squid


Joined: 03 Sep 2004
Posts: 8888
Location: Mrs. Bull's Doghouse

PostPosted: Fri Apr 11, 2008 10:18 pm    Post subject: ePassporte Taking a Piss? Reply with quote

Quote:
April 11, 2008

To all Cake Poker Customers:

We have received notice from ePassporte today that they are unable to continue to provide CakePoker with merchant e-wallet services. We have since confirmed that this situation is not unique to CakePoker and is, in fact, industry wide.

While we are disappointed with this decision, we want to reassure all players that there will be no impact to either your account balances or your account status at Cake. We are pleased to have launched earlier this week with a new payment processor and have already secured alternative processors/eWallets that we will be launching in the weeks to come. We are also in discussions with other providers that will be making their services available in the CakePoker cashier soon. Players are welcome to inquire with Customer Support for more details.

As always, we value your business and will continue to make every effort possible to make your poker experience a great one.

Regards,

The CakePoker Team

This would be MOST unfortunate. Mad
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Bullajami
Uber Squid


Joined: 03 Sep 2004
Posts: 8888
Location: Mrs. Bull's Doghouse

PostPosted: Fri Apr 11, 2008 10:27 pm    Post subject: Reply with quote

I just tried to dump my remaining ePassporte funds into Poker Stars and received a pop-up from PS stating that ePass was not available as a deposit option. (I turned right around and dumped it back into my bank account.)

Now I get to figure out how to withdraw money from AP, UB, PS, Cake and FTP.

Time to stick some more pins in my Bill Frist doll. Twisted Evil
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krazytxan
Texas Matriarch


Joined: 26 May 2004
Posts: 4692

PostPosted: Fri Apr 11, 2008 10:30 pm    Post subject: Reply with quote

I think they are taking a dump.

Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes
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loyo1
1K Club


Joined: 22 Aug 2004
Posts: 1959

PostPosted: Fri Apr 11, 2008 10:41 pm    Post subject: Reply with quote

It's toast, Bull. Sad

Cake has taken the Epass option down, Stars still showing it, but you can't use it---says Epassporte is temporarily unavailable. Guess it's time to try out EChecks. Cake's UseMyWallet seems to be the same thing.

Looking on the bright side, won't have to shell out $40 in December for the annual account and physical card fees.

Yeah, I'm trying to find a silver lining here...... Sad

Edit: I just dumped what I had in there back in my checking account also. Let's hope it shows up in 5 business days---this coming Friday.
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loyo1
1K Club


Joined: 22 Aug 2004
Posts: 1959

PostPosted: Fri Apr 11, 2008 11:18 pm    Post subject: Reply with quote

Went to the UseMyWallet (aka Quicktender) site to see what sort of fees they ding you for:

What are your fees? Fee Schedule for QuickTender Account Holders:
# Service Fees *
1. Registration Fee Free
2. Credit Card Deposits 5%
3. Withdrawals to Bank Account or Check via regular mail $30 flat fee***
4. International bank wire deposits Free **
5. Payment to an online merchant Free
* All fees are subtracted in US Dollars; Fee Schedule for any QuickTender account denominated in another currency is calculated in accordance with the current date exchange rate.
** Subject to any fees and charges as imposed by any third-party being an intermediary between QuickTender Account Holder and QuickTender Payment System
*** Subject to correspondent bank fees and charges for international transfers


Well, this just sucks.
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rezster



Joined: 02 Apr 2005
Posts: 200
Location: Canton, OH

PostPosted: Sat Apr 12, 2008 5:19 am    Post subject: Reply with quote

What happened? I thought the banking industry testified that the UIGEA was unenforceable.
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Bullajami
Uber Squid


Joined: 03 Sep 2004
Posts: 8888
Location: Mrs. Bull's Doghouse

PostPosted: Sat Apr 12, 2008 6:27 am    Post subject: Reply with quote

loyo1 wrote:
Went to the UseMyWallet (aka Quicktender) site to see what sort of fees they ding you for:

I have a UseMyWallet account for sports betting. It has gone from mediocre to pitiful in the last two months. Not a good option at all for moving money around to poker sites.
loyo1 wrote:

Well, this just sucks.

Yup.
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nsidestrate
Suited's Love Monkey


Joined: 26 May 2004
Posts: 22651

PostPosted: Sat Apr 12, 2008 6:52 am    Post subject: Reply with quote

I had $100 sitting on ePassporte, so I cashed it out to the bank. I'm not certain they are going belly-up, but I figured better safe than sorry.
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MXRider
Slim Shady


Joined: 19 Jul 2004
Posts: 4999
Location: Have it your way!

PostPosted: Sat Apr 12, 2008 7:32 am    Post subject: Reply with quote

nsidestrate wrote:
I had $100 sitting on ePassporte, so I cashed it out to the bank. I'm not certain they are going belly-up, but I figured better safe than sorry.


Same here. Think it is likely to be more of a "we aren't doing business with a so called gambing sights anymore"
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FindingNemo



Joined: 19 Aug 2005
Posts: 211
Location: USA- MN

PostPosted: Sat Apr 12, 2008 8:49 am    Post subject: Reply with quote

Makes since why my cashout to Epassporte from PS was reported as unsuccessful today.

I was unaware of this thread and requested the cashout again this morning. Guessing I'll be getting the same unsuccessful message.

I'm getting tired of finding new ways to move money around.

Are people having any difficulties cashing checks from poker sites, from PS in particular?
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Bugsbunny
Wascally


Joined: 07 Apr 2004
Posts: 7687
Location: Drinking Carrot juice

PostPosted: Sat Apr 12, 2008 9:05 am    Post subject: Reply with quote

Well I just pulled the $25 I had there.

For PS if you deposit via echeck can you cash out directly to your bank account (if you're in the US)? Or do you need to get a physical check?

I have no problems with FullTilt at the moment since I can now move money back and forth directly from my bank account (although withdrawing isn't as fast as Neteller used to be it's still relatively quick (once it's been approved), at least so far).

The worst part is that moving money between sites has become much more painful.
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toom
Spelling Bee Champ


Joined: 06 Apr 2005
Posts: 2418
Location: Basketball season is awesome BAYBEEEEE

PostPosted: Sat Apr 12, 2008 9:52 am    Post subject: Reply with quote

Reading one of the 2+2 threads, one well-reasoned (by 2+2 standards) was suggesting that Epassporte is a popular method of funding pay-for-porn sites, and that this is significantly more of their business than poker. Therefore, the likelihood of them going under is relatively small.

After all, pr0n is fine, but God forbid someone enjoy themselves playing poker. That might be a real drain on society. Rolling Eyes Ah, the nanny state.

I thinks funds in Epassporte accounts are safe. That doesn't mean I'd leave any money there, either, not being a porn freak myself (and not understanding why anybody would pay for it when anybody with email can get it for free just by checking their spam filter?!?!)
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ciaran
ITH Support


Joined: 10 Sep 2004
Posts: 4781
Location: Alpharetta, GA

PostPosted: Sat Apr 12, 2008 10:16 am    Post subject: Reply with quote

Given how easy the big sites have now made it go directly to/from a checking account, could this be partially a response to ePassporte getting squeezed by the sites on fees? I mean, if I were Stars and eCheck was working, I might be looking to pressure ePassporte to take a smaller cut.

Of course, if I was Stars I might also realize that at this point having as many live options as possible just couldn't be a bad thing.

On the third hand, if I was Stars, I'd also be considering creating my own eWallet and getting a cut of everybody's deposits, Stars or not.
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Bullajami
Uber Squid


Joined: 03 Sep 2004
Posts: 8888
Location: Mrs. Bull's Doghouse

PostPosted: Sat Apr 12, 2008 11:24 am    Post subject: Reply with quote

Bugsbunny wrote:

The worst part is that moving money between sites has become much more painful.

True, even though it was already give-me-morphine painful as it was.


Mr. Peabody, please take me back to 2004!
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Ixiterra
1K Club


Joined: 12 Mar 2004
Posts: 1425

PostPosted: Sat Apr 12, 2008 12:14 pm    Post subject: Reply with quote

Man this was real disappointing. I had $600 in there to get ready to deposit on FTP for the first time with rakeback, but Stars had the reload so I put it there first. Then this happened. So just for shiitakes and giggles, I tried my debit card on FTP and holy hell it worked! I got a call from the bank this morning to verify it wasn't fraudulent, but other than that it worked. It did not work on Stars.
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