Quote:
Originally Posted by dOrkFish
How do you think they pay for the never ending tournament overlays at Merge?
You request a withdraw through RPM which sends it to Merge which sends it to an interest bearing account handled by a third party & then they cut your check 6 to 8 weeks later and keep the interest on your winnings.
This is the only explanation for the time period it takes from "accepted" on RPM to "printed" at the bank.
Correct me if I'm wrong.
edit: Carbon is just as slow, this is a Merge problem not specifically RPM
It is a Merge-wide problem, not specific to RPM, but as I've said before, the holdup isn't directly Merge's fault either.
There was a big thread somewhere in the Internet Poker forum that explained the check withdrawal process from other online poker sites. There's a reason that you may receive checks faster from other sites, but that's because those sites are taking unnecessary risks with your money.
Merge uses processors that are verified and legal, and unfortunately... a bit slow. While Merge is aware of the problem, they're not interested in sending money to you through dodgy processors who a) may walk with it, or b) may have it intercepted.
While other solutions are sought out, I'll continue to urge our RPM players to pursue alternate withdrawal options if you need to access your money faster. Further, you can always PM me for help if necessary.
Best,
Seth