Online businesses worldwide have been in considerable confusion about the opening of a new online payment processor EgoPay.
The reason for the confusion is that there were claims on some websites that EgoPay was a subsidiary or otherwise linked with industry leader Payza (formerly Alertpay). There was good reason to think this might be true since the need for a new processor was sparked off by Payza announcing that it was withdrawing its services for what it termed 'high risk organizations'. This move in itself is alleged to be caused by financial regulators in the U.S. clamping down on Payza amidst fears that it was a vehicle for money laundering and possible terrorist funding. Certainly, some of the organizations known to be using Payza have some 'unfortunate' strong associations with countries where terrorist activity is rife even though Payza itself may not operate in those countries.
As a member of JustBeenPaid, a controversial organization in itself, the transition from Payza to EgoPay has caused massive confusion and consternation and staff have not responded with the speed, nor in the manner that customers might have expected. There are staff shortages at JBP which are being addressed. A rather optimistic statement appears on the JBP site today that all delays associated with EgoPay have been sorted out, but my withdrawal to EgoPay has already been outstanding for a week and is currently 'blocked' while 'additional anti-fraud procedures' take place. I tried in two separate sessions in web conferences yesterday to get a conclusive answer to what these procedures are and staff and moderators were, I felt, deliberately evasive, pretending they had answered the question merely by re-reading what I asked. Another block is in place refusing to answer support tickets concerning EgoPay which is extremely frustrating along with an email yesterday saying that I would have to wait at least another 48 hours.
Midweek, a statement appeared on EgoPay that it had no association with Payza whatsoever. Curiously that statement has gone this morning. It seems that the two WILL work closely because Payza will continue to be the route of choice for users to fund and withdraw via Egopay where Payza will be the final link to the user's cards and bank accounts. Few have yet completed such transactions so there are no reliable stats for the efficiency of the procedure. I have anecdotal evidence that transactions between the two are trouble free and will update here if I hear different.
EgoPay itself is located in Belize which has not been the most stable environment in the past and is noticeably lacking in financial regulation. It remains to be seen how this will affect reliability and honesty in its dealings.
Those of us who inhabit the world of online business will have to wait and see but one thing is clear, it is going to be hard to survive WITHOUT opening an EgoPay account sometime soon.
POSTSCRIPT
JBP payment finally came through after 1 week to EgoPay and I transferred to Payza this morning with no difficulty. The timeframe given on the site is 1 business day, so as today is Saturday 28th, it may not go through till Monday. I can live with that!
Post-postscript - as I thought, cash arrived in Payza today Monday 30th. All I would really compain about is the JBP timings and the fact that the fees to withdraw to EgoPay are twice what they are for STP which JBP clearly favour but have had site downtime issues recently. For the time being, I am giving EgoPay a thumbs up.
Friday, 27 July 2012
Wednesday, 16 November 2011
7 Minutes to get in shape and in profit too!
I've been looking for a while for another business to sit alongside Cashbackcard which would appeal to all those people who couldn't use it because they are not UK residents.
Well now I think I have found exactly what I am looking for. It is in the health and wellness sector, it is global, it does NOT rely on you buying a whole heap of product every month and it is easy on the pocket.
I've put on a lot of weight in the last couple of years because some of my health problems have prevented me doing the sort of exercise I used to do. I needed an exercise system that was not high impact, did not rely on going to the gym and was easy to follow. That is how 7 Minute Workout came into my life - as an exercise system. The fact it is also a brilliant home business was not the first tick box!
The system involves you doing 3 x 7 minute sessions per week, You will use weights for some of them, but you can use things like cans or bottles of water if you don't have or can't afford dumbells. Each exercise session targets a different muscle group and in a 2 week period you will work every part of your body, with a day's rest in between. If you don't want to work out on the weekend, just stretch it a bit and do Monday, Wednesday, Friday and start again on the next Monday.
Don't worry if you have injuries or weaknesses in particular parts of your body, just do what you are comfortable with and you can also ask for help with alternative exercises just for you.
The payplan is excellent. 7 Minute Workout is part of the GVO group of companies, if you haven't heard of them they also do great videoconferencing software which they use for webinar calls. The backup is phenomenal in terms of what there is on the website and all the calls and information.
This is a brilliant time to join because you will get in for just ONE DOLLAR to try it out and then $9.95 a month.
I would like to invite you to a webinar where you will find out about the science behind this system and also about the business. Just RSVP with your name on this link.
http://www.myfitnesswebinar.com/?id=jennyf
Well now I think I have found exactly what I am looking for. It is in the health and wellness sector, it is global, it does NOT rely on you buying a whole heap of product every month and it is easy on the pocket.
I've put on a lot of weight in the last couple of years because some of my health problems have prevented me doing the sort of exercise I used to do. I needed an exercise system that was not high impact, did not rely on going to the gym and was easy to follow. That is how 7 Minute Workout came into my life - as an exercise system. The fact it is also a brilliant home business was not the first tick box!
The system involves you doing 3 x 7 minute sessions per week, You will use weights for some of them, but you can use things like cans or bottles of water if you don't have or can't afford dumbells. Each exercise session targets a different muscle group and in a 2 week period you will work every part of your body, with a day's rest in between. If you don't want to work out on the weekend, just stretch it a bit and do Monday, Wednesday, Friday and start again on the next Monday.
Don't worry if you have injuries or weaknesses in particular parts of your body, just do what you are comfortable with and you can also ask for help with alternative exercises just for you.
The payplan is excellent. 7 Minute Workout is part of the GVO group of companies, if you haven't heard of them they also do great videoconferencing software which they use for webinar calls. The backup is phenomenal in terms of what there is on the website and all the calls and information.
This is a brilliant time to join because you will get in for just ONE DOLLAR to try it out and then $9.95 a month.
I would like to invite you to a webinar where you will find out about the science behind this system and also about the business. Just RSVP with your name on this link.
http://www.myfitnesswebinar.com/?id=jennyf
Tuesday, 8 November 2011
Join a Consumer REVOLUTION!
The newest way for UK people to collect cashback and build a business is here - it's called Cashbackcard.com.
Shop online at the exclusive mall or shop instore. Build a business as an Independent Promoter - visit the sites below for official information.
Cashbackcard.com works to help you personally to reduce your cost of living by collecting cashback (not points!) EVERYWHERE you spend money. Plus you have the opportunity to develop it into an incredibly powerful business, when your friends and family join too.
New payplan launched in September 2011 - company is still in pre-launch till October 2011, so things may not all be perfect on the website just yet! Contact me for any queries about the benefits of joining and promoting.
I'm already earning as an Independent Promoter. Hope you will join me!
Join Cashbackcard.com free here -
http://www.cashbackcard.com/invite/1816
Shop online at the exclusive mall or shop instore. Build a business as an Independent Promoter - visit the sites below for official information.
Cashbackcard.com works to help you personally to reduce your cost of living by collecting cashback (not points!) EVERYWHERE you spend money. Plus you have the opportunity to develop it into an incredibly powerful business, when your friends and family join too.
New payplan launched in September 2011 - company is still in pre-launch till October 2011, so things may not all be perfect on the website just yet! Contact me for any queries about the benefits of joining and promoting.
I'm already earning as an Independent Promoter. Hope you will join me!
Join Cashbackcard.com free here -
http://www.cashbackcard.com/invite/1816
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