Quote:
Originally Posted by iselldreamZ
lets also relax about worldpay...paypal has HORRIBLE reviews...they have a whole site dedicated to how much people hate them (paypalsucks.com i believe) USPS has the same time of ratings, but we 99 percent of the time get our mail right?
well know pretty soon whats going on, these guys at GP are getting raped with hatemail and cashouts since everyones going crazy about this...
im sure theyre over flooded as of now but its probably a scramble on their end also, im sure they didnt WANT to remove paypal...lets just see what happens over the next few days untill someone can confirm payment via worldpay, and how long it takes...
idk about you guys but im used to NJ sites which checks can take weeks...going from 30ish hours to 3-5 days isnt the end of the world.
as long as the action stays the same on the site, that is...
PayPal is the Antichrist. I've had horrific battles with them, but it's easy to move small money around without 1099s, so you deal with them. The USPS is federal agency, thereby inept by design. WorldPay, which is Vantiv is a merchant processor for credit/debit cards. When you go to a restaurant and use your card, you have no idea what company processes the transaction, bit it's between you and the business. The processor charges the business a fee.
My personal issue is the candy ass email they sent out like I have some wonderful new experience added. It isn't. The banks openly report transactions to the IRS. Systematic, everyone one over $10K, etc... I have zero desire to have the IRS gain or have any better access to my money. Creditors can lien against your bank account. Debit cards do not report assets in the same way. Also, I don't want this kind of commingling. My poker money is separate and I want to keep it that way. "For my convenience" does not require me going out and getting some reloadable debit card to set this up, as the Global email stated.
My guess is that Vantiv will sweep the monies from Global, based on their agreement,. There is a float of funds to offset the fees hence the several day delay. That is also a big drawback for the player. Why would anyone be happy going from overnight to up to a week? According to the Global email, this is a wonderful thing. It isn't, nor is wording it like they were speaking to a second grade class.
When you add the checks and crypto options Global, do NOT force people to be your guinea pig. Put both options up for everyone and offer some incentive to get people to try the new one. Wtf is wrong with you? Overnight to a week and you think people would be fine with that 'change' not additional option.....stupid.