Any info on the new payment methods?

there are none... boom gotcha he meant the skill level segregation not cashier, must of been a typo

The new cashout method is to rake it all away.

Wow wow wow. I see these kind of posts so much regarding Lock. Are you for real? Omg 4 hours, paranoid mode on

I mean, it's pretty much March 2nd whatever time zone you're in and no news yet.

This is from the Fair Play thread:

So this news, that came out roughly 27 hrs ago as of my posting this, 15 hrs prior to your quoted post (by all means pretty much March 1st) caught you guys somehow unprepared for the target date of March 1st that you had set out.
And considering the target date was March 1st, surely you would have been able to release at least some information by that date, or indeed by today even if it's "slowly rolled out"(which means what? It's been delayed?Do you have an ETA for when it will be sorta fully deployed?)

Because you can view the reasoning of segregated cash tables in a few different lights. one is the "poker ecology" view as purported by lock poker. Another common one is that they segregated cash tables because players were chip dumping to faster cashout sites in order to get their money. If the cashout times improved and the upper limit improved, that should instill confidence in locks solvency. If option two were correct, they might un fence the tables because they didn't need to anymore.

Nice little pipe dream anyway...

Well, not only have I not been given an invite for this "exclusive cashout", but its very existence has not been confirmed. Here is the conversation I had with Shane:

[3/2/2013 7:26:08 AM] Cogitus: So I didn't get an invite? Or is this new cash out option not working

[3/2/2013 11:00:43 PM] Cogitus: Thanks for responding (almost a full day later)

[3/3/2013 1:12:56 PM] shane: Sorry crazy couple of days I missed your message

[3/3/2013 1:13:24 PM] shane: The rollout was pretty exclusive at first and will expand over the coming weeks.

[3/2/2013 11:03:58 PM] Cogitus: Why? I thought the launch for everyone was march 1st

[3/3/2013 1:17:30 PM] shane: You dont get to test a new processor till you use it, so you usually just put a few through at first to make sure everything is working fine.

[3/2/2013 11:08:15 PM] Cogitus: So why didnt you tell me this was going to be available on like march 20 then

[3/3/2013 2:23:56 PM] shane: Because I didnt know who was going to get into the first batch, I dont actually control that

[3/3/2013 12:13:47 AM] Cogitus: Do you have any proof these are going out?

[3/3/2013 4:09:07 PM] Cogitus: so am i going to get to use this option or not?

He has ignored both of these questions. If anyone can confirm that they were able to use this method it would be greatly reassuring. However, it seems likely that this option is either nonexistent, delayed, or being insidiously used as an excuse to appease customers. I hope I am wrong.

I had a brief conversation about this aswell. I can only add this is specifically a US-only option with checks. ROW players will go through the normal process just as before (so i won't be legible) He did say before that if the option goes through completely, it should at least pull off some pressure off the other processor, so that ultimately decreases everyone's cashout times slightly.

It's been a few days only, though.. I mean c'mon, stating it's simply non-existant is kind of early.

Well, I am a US player, and was assured I should be able to use this option. At the very least I would have expected some sort of information if I wasn't able to or if the processor needed "testing out" as he claims on March 1st. Instead, my questions were mostly ignored and that's what is more concerning to me--I just don't know what's going on with this method.

Yeah i understand, there's definately no harm in throwing it out here, it should be addressed in one way or another. (if it's a delay, then that should just be stated)

Maybe somebody who got accepted in the first batch can confirm its existence.

I'm very skeptical. Very happy if I'm proven wrong. Send me an invite

Shane said March 1 and it is March 4 so if it isn't going yet, and we have absolutely no indication that it is, then I don't see any problem with people being upset. The only talk of it that I have heard is when Shane said that it was "kind of drown out" by the news of the Fair Play Technology thing. No explaination or information 3 days after it was said to launch. I don't see why this is okay with you.

It's not "OK" by me, i'm just saying there's worse things than a few days delay if they do roll this out eventually.

Shane is obviously FOS, ldo.

I much doubt he'd say something like this knowingly realising it's a lie and the lie would unfold already some weeks later.. that'd just be incredibly dumb. There's just a delay.

seriously???? you know thats happened multiple times right lol.

And I wasnt saying it might not happen, but rather hes just fos anyway.

I wouldn't have minded if we were given any reason for the delay but we weren't. They should be held accountable like any other company. If Apple was set to release a new Iphone on 3/1 and it was going to be delayed they would make an announcement and cite the reasons, not let people line up at stores for 6 hours only to get in and find there isn't a new phone. And I am pretty positive if that happened consumers wouldn't say that they weren't upset and were just happy it was coming out eventually.

THIS! BINGO!

LOCK-Last in the world in customer service!

This was the last glimmer of hope for me. Going to sell most of my lock balance.

Shane

Grow a pair and come face your customers.

Why is it so hard to hire some VA's off of odesk.com, have them handle the transactions and pay the payouts?

I assume a company with their funding has the abilities to get that accomplished.

One of two things has to be true then:

1. They have to do it this way (slow payouts) to avoid getting in trouble since they're breaking the law
2. They're not segregating funds, don't have it all and are using deposits to pay the backlog.

Hope it's #1, dearly.

Or even better, that they're inadequate.

But I doubt it.

I guess Lock doesn't want to get ripped off by a new payment processor.... The guy who got arrested for doing US payments for Poker Stars ( Chad Ellie i think) said in an interview that it was incredible common for a payment processor to simply take their player funds and run, as opposed to processing them as intended. Makes sense that Lock would test them small scale first........ why is everyone in this forum so pissy? Stop complaining and leave the site already Lol.