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 info@epassporte.com.

http://www.changethevote.com/e-passporte-creditcard-virtual_25.jpghttp://www.epochsystems.com/sales/revolution1c.gif

[sextoyking]

Hi Rand,

this new card sounds pretty good for online and offline purchases.

now for offline purchases, is it just a Atm card, or is it also like a Visa Check / Debit card, where you can use it anywhere visa is accepted without using a pin code.


thanks

todd

[Almighty Colin]

Originally posted by rand@Jan 6 2003, 03:33 AM

Find out more by going to our website at https://www.epassporte.com


Restricted access

[Nickatilynx]

I like it.

It is great to see a company trying new methods and being innovative.

Congrats Epoch :)

[Mutt]

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
:)

[-= JR =-]

i agree with Nick... its in everyones interest here for cc processors to be innovative, creative and to experiment.

i think that "a field day for scammers" in a way that still does not allow chargebacks, is much better than...

"Visa Announcement: we hate you and we will not process for you anymore, so fuck off!".

I think Epoch Rocks! They have to be one of the better success stories of this year and they have been awesome to work with. (much to Dig420's dissapointment i am sure)

[rand]

Thanks JR and Nick. We think this will be a really nice product for the industry and
we are looking forward to what will come from it.

Mutt, you can't move funds from the card to your personal checking account. But,
you can withdraw the funds from any ATM by using the Electron card. :rokk:

Here's a message from 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


__________________
ChrisM
Epoch Transaction Services

http://www.epochsystems.com/sales/revolution1c.gif

[Mike AI]

Congradulations to Epoch - I have to say this is one of the most innovative ideas in the industry in a LONG time.

There are some issues, but I think they can be overcome. What I would like to see is all the major Processors get on this ship... wotk together on the system. IT will help everyone, and maybe help stabilize the industry!

This could indeed BE a revolution!!!!

[Halcyon]

Hey, long time lurker- first time poster.
Glad we can finally talk about this! (the veil of secrecy has been thick, my friends)
In relation to what Rand and chris are talking about with the new Epassporte, FLASHCA$H has been working with the guys at Paycom and are now offering Real Time payments using the new Epassporte.
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 for Happy Hour drinks.
-Halcyon
http://www.flashcash.com/RealTimePayments

[Rolo]

Would there be more options to fund the virtual VISA debit card?

Like US ACH, and national payment systems in Europe (german online checks, UK solo/switch card, French mastro card, giro, sms etc.).

Using a visa credit card to get a visa debit card is ok, but if this product really should take off, then it would need alot of other ways to fund it.

On another note - I would think more ways for surfer to pay is better - The new VISA rules shows that keeping all the eggs in VISA´s basket is a wild ride, where no one really knows where or when it will end.
But its hard for every paysite owner to make the national payment options available at his paysites, because he would need to have contact with a processor in each country... I hope that someday one of the big adult processors would add national payment options to their options, and then give the surfer the option to choose payment option... could even filter the options based on which country he is from, when he hits the signup/join page. Would mean alot more signups and more money then we would thought possible :okthumb:



Last edited by Rolo at Jan 7 2003, 07:40 AM

[Rolo]

Did I do a thread-block? :unsure: