it's going to be a field day for scammers.
i'm still not sure how different EPassporte is from PayPal.
It's great for the adult Net but long term it can't be good, it will allow many of the things scammers got away with before. It's basically being marketed as a way to get around VISA's stringent rules for high risk merchants. So u can expect people to push this to the limit and beyond. Scammers can go under VISA's radar screen again.
my dream of opening up a warez shop is now close to reality!
it's a cool product, i just know how it's going to be used by many. The best part is the peer to peer payment thing. It will revolutionalize how affiliates are paid and how B2B goods and services are paid for in the adult biz.
i'm going to take payment with it for content and design work. since Epoch has deep roots in the adult area i'm sure most webmasters will have an ePassporte account soon.
i'm trying to remember where but something like this was discussed a long time ago on a webmaster board. It's got a lot of components to it, it's a cyber wallet, a micro payment system, Paypal, etc etc - a lot of things rolled into one product.
One question i have is how do I transfer money accumulated in my ePassporte account to my bank account? Too lazy to go read it all today