Paypal/Epass Alternative FINALLY Sees The Light Of Day

gonzo · 10-07-2007

Quote:

Originally Posted by Jace

Who's holding this money on account? A bank? If so, are the accounts considered individual and are they insured? If so, up to how much?
Currently our accounts are with BOA and we are in the process of setting up the ability to do sub accounts (insured FDIC 100,000.00 per account)

Merchants will be required to send address verification, photo id, telephone numbers will be verified electronically bank and card verification. For ACH we require the above in addition to a signed Credit/debit authorization form.

By PCS do you mean PCI? If so, yes we have met all the requirements for PCI, and thus CISP and we are currently in the process of validating our status with a Visa approved QSA. We already have ACH authorization and our main focus right now is p2p payments (without card funding) until we can get the website completed the server migrated and the CISP designation.

Thanks for the questions, I would love to talk with you personally as you have always seemed very helpful and knowledgeable in respect to matters such as this. You can reach me via ICQ (in location)

I've got a lot of follow up posting to do before I head off for the evening. I'll check back in the AM.

As uptight as BOA is about international business / business accounts / and the adult industry as a whole adds to me being skeptical.

Ill have some research done internally with Bank of America on this now.

Hammer · 10-08-2007

Best case scenario would be if PayPal would process for adult again. I know it's not going to happen, but I like PayPal and still use them a lot for mainstream stuff.

Forest · 10-08-2007

Quote:

Originally Posted by gonzo

As uptight as BOA is about international business / business accounts / and the adult industry as a whole adds to me being skeptical.

Ill have some research done internally with Bank of America on this now.

My thought exactly

BofA is goingt to be ok processing transactions or per to per tranfers for adult
?

EmporerEJ · 10-09-2007

Oh no.
Bank of America?
Don't think so.

10-08-2007	#2
Hammer Master of My Domains Join Date: Apr 2003 Location: Florida Posts: 1,701	Re: Paypal/Epass Alternative FINALLY Sees The Light Of Day Best case scenario would be if PayPal would process for adult again. I know it's not going to happen, but I like PayPal and still use them a lot for mainstream stuff. __________________ Porn Site Pros - Custom Website Design, Turnkey Webcam and Pay Sites, SEO, and Consulting

10-09-2007	#4
EmporerEJ Brilliant Innoventionalist and writer. Join Date: Dec 2003 Location: USA, Northern Hemisphere, Terra, 3rd of nine, Sol System, Milky Way Galaxy, Far from Galactic Core Posts: 2,260	Re: Paypal/Epass Alternative FINALLY Sees The Light Of Day Oh no. Bank of America? Don't think so. __________________ Eric J. White VirtualSexMachine.com

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