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proposition from exchange to avoid ewallets

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Author Topic: proposition from exchange to avoid ewallets  (Read 513 times)
cortomaltese
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« on: November 16, 2016, 12:37:42 PM »

Neteller's/Skrill's greed is not only hurting  us , their customers that produce their  turnovers out of which they live , biting the hand that feeds them.
This greed is hurting  also merchants!
I was surprised that a very reputable exchange got in touch with me to propose to me alternative ways of funding/withdrawing my account!
Imagine that!
It is obvious that they are starting to try avoiding  ewallets!
I wouldn't be surprised if sportsbooks start doing the same
And don't forget what bet365 did with ewallets in Greece or Unibet in many countries etc.
Eventually ewallets will commit suicide with this mad greed of  them!!!
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dealer wins
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« Reply #1 on: November 16, 2016, 01:36:13 PM »

In the summer my account manager at matchbook asked me if I could use debit cards or bank transfer instead of skrill as they had increased their merchant charges.   I have stopped all use of Skrill now anyway, out of principle that I dont like the pure greed they now display since they think they have a monopoly by eating Neteller.

For UK arbers at least using a bank account debit card carries some protection, unlike Skrill where if money gets stolen you aint ever seeing it again in all likelihood.

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Bubbles
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« Reply #2 on: November 16, 2016, 01:48:40 PM »

For UK arbers at least using a bank account debit card carries some protection, unlike Skrill where if money gets stolen you aint ever seeing it again in all likelihood.
What protection?
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luctens
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« Reply #3 on: November 16, 2016, 07:46:01 PM »

For UK arbers at least using a bank account debit card carries some protection, unlike Skrill where if money gets stolen you aint ever seeing it again in all likelihood.
What protection?
If your bank account, debit card etc is used fraudulently and you haven't acted negligently by giving somebody your card details, pin number etc, then pretty much every UK bank have a fraud guarantee where they will refund any fraudulent transactions.
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luctens
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« Reply #4 on: November 16, 2016, 07:51:44 PM »

Neteller's/Skrill's greed is not only hurting  us , their customers that produce their  turnovers out of which they live , biting the hand that feeds them.
This greed is hurting  also merchants!
I was surprised that a very reputable exchange got in touch with me to propose to me alternative ways of funding/withdrawing my account!
Imagine that!
It is obvious that they are starting to try avoiding  ewallets!
I wouldn't be surprised if sportsbooks start doing the same
And don't forget what bet365 did with ewallets in Greece or Unibet in many countries etc.
Eventually ewallets will commit suicide with this mad greed of  them!!!
I'm not surprised that Skrill/Neteller are trying to squeeze the bookmakers and exchanges as well as their customers, they are in full monopolistic mode and they are currently in the state of addiction to greed, and I expect in every single part of their business, they are upping fees, charges and all the rest of it to try and squeeze more and more profits.

The same I expect would be the same for the Income Access affiliate programme that they recently bought. I expect affiliates and anybody associated with them on Income Access will have seen some sort of extra costs etc, and it'll keep continuing as Skrill/Neteller obviously think there's no stopping them.

Obviously if some big bookmakers and exchanges started pulling out of Skrill/Neteller because of fee rises that would make them sit up and take notice, but it won't really change them in the customer's benefit, as any changes they make would be to the merchant fees to try and bring any merchants back to them, they wouldn't change the customer's fees because of that, as any hope of them ever giving the customer a good deal has long been lost for anybody with any common sense.

So as there's no hope whatsoever of Skrill/Neteller changing to give the customer a good deal, the only thing we can look for is to move away completely from Skrill/Neteller by there being a major competitor coming on the scene with a high volume, low margin, free service to the customer that we can look for to come and take over from Skrill/Neteller.
« Last Edit: November 16, 2016, 08:01:26 PM by luctens » Logged

ilovethisforum
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« Reply #5 on: November 16, 2016, 07:56:19 PM »

Neteller's/Skrill's greed is not only hurting  us , their customers that produce their  turnovers out of which they live , biting the hand that feeds them.
This greed is hurting  also merchants!
I was surprised that a very reputable exchange got in touch with me to propose to me alternative ways of funding/withdrawing my account!
Imagine that!
It is obvious that they are starting to try avoiding  ewallets!
I wouldn't be surprised if sportsbooks start doing the same
And don't forget what bet365 did with ewallets in Greece or Unibet in many countries etc.
Eventually ewallets will commit suicide with this mad greed of  them!!!
I'm not surprised that Skrill/Neteller are trying to squeeze the bookmakers and exchanges as well as their customers, they are in full monopolistic mode and they are currently in the state of addiction to greed, and I expect in every single part of their business, they are upping fees, charges and all the rest of it to try and squeeze more and more profits.

The same I expect would be the same for the Income Access affiliate programme that they recently bought. I expect affiliates and anybody associated with them will have seen some sort of extra costs etc, and it'll keep continuing as Skrill/Neteller obviously think there's no stopping them.

Obviously if some big bookmakers and exchanges started pulling out of Skrill/Neteller that would make them sit up and take notice, but it won't really change them, as any hope of them ever giving the customer a good deal has long been lost for anybody with any common sense.

So as there's no hope whatsoever of Skrill/Neteller changing, the only thing we can look for is to move away completely from Skrill/Neteller by there being a major competitor coming on the scene with a high volume, low margin, free service to the customer that we can look for to come and take over from Skrill/Neteller.

Which is???
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luctens
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« Reply #6 on: November 16, 2016, 08:07:08 PM »

Neteller's/Skrill's greed is not only hurting  us , their customers that produce their  turnovers out of which they live , biting the hand that feeds them.
This greed is hurting  also merchants!
I was surprised that a very reputable exchange got in touch with me to propose to me alternative ways of funding/withdrawing my account!
Imagine that!
It is obvious that they are starting to try avoiding  ewallets!
I wouldn't be surprised if sportsbooks start doing the same
And don't forget what bet365 did with ewallets in Greece or Unibet in many countries etc.
Eventually ewallets will commit suicide with this mad greed of  them!!!
I'm not surprised that Skrill/Neteller are trying to squeeze the bookmakers and exchanges as well as their customers, they are in full monopolistic mode and they are currently in the state of addiction to greed, and I expect in every single part of their business, they are upping fees, charges and all the rest of it to try and squeeze more and more profits.

The same I expect would be the same for the Income Access affiliate programme that they recently bought. I expect affiliates and anybody associated with them will have seen some sort of extra costs etc, and it'll keep continuing as Skrill/Neteller obviously think there's no stopping them.

Obviously if some big bookmakers and exchanges started pulling out of Skrill/Neteller that would make them sit up and take notice, but it won't really change them, as any hope of them ever giving the customer a good deal has long been lost for anybody with any common sense.

So as there's no hope whatsoever of Skrill/Neteller changing, the only thing we can look for is to move away completely from Skrill/Neteller by there being a major competitor coming on the scene with a high volume, low margin, free service to the customer that we can look for to come and take over from Skrill/Neteller.

Which is???
Well there isn't currently a major competitor that would fit that bracket. Ecopayz aren't on anywhere near enough bookmakers and exchanges, they still have a few fees that could be eradicated and seem to be working at a complete snail's pace so it's unlikely to see major change quickly from them.

What we need to be looking for is a new competitor to see a gap in the market and to open a new e-wallet service. I wasn't suggesting a particular competitor to take over from Skrill/Neteller, as there currently isn't one, I was simply making the point that we need to stop even being mildly surprised and agitated by any Skrill/Neteller fee rises etc, as it's going to happen and they aren't going to stop, and that we need to accept that we are never going to get a good deal anymore from Skrill/Neteller and we are only going to get continually shafted by them. So we need to accept all of that and accept that the only way to get a good deal is for there to be another competitor come along.
« Last Edit: November 16, 2016, 08:08:40 PM by luctens » Logged

Bubbles
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« Reply #7 on: November 16, 2016, 08:30:20 PM »

For UK arbers at least using a bank account debit card carries some protection, unlike Skrill where if money gets stolen you aint ever seeing it again in all likelihood.
What protection?
If your bank account, debit card etc is used fraudulently and you haven't acted negligently by giving somebody your card details, pin number etc, then pretty much every UK bank have a fraud guarantee where they will refund any fraudulent transactions.
True for situations when it is used fraudulently and one hasn't acted negligently BUT it's not our case. If one decides to gamble with a book that goes down or refuse to pay (I know there's a legal procedure) one can hardly expect one's bank to take responsibility
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luctens
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« Reply #8 on: November 16, 2016, 08:48:22 PM »

For UK arbers at least using a bank account debit card carries some protection, unlike Skrill where if money gets stolen you aint ever seeing it again in all likelihood.
What protection?
If your bank account, debit card etc is used fraudulently and you haven't acted negligently by giving somebody your card details, pin number etc, then pretty much every UK bank have a fraud guarantee where they will refund any fraudulent transactions.
True for situations when it is used fraudulently and one hasn't acted negligently BUT it's not our case. If one decides to gamble with a book that goes down or refuse to pay (I know there's a legal procedure) one can hardly expect one's bank to take responsibility
Dealer wins wasn't talking about scam books and wasn't saying that if you get done in by a scam book after depositing by debit card that the bank will pay your losses, nobody would expect that.

Dealer wins was talking about protection for fraudulent transactions, in that if your bank account, debit card etc is used fraudulently and you haven't acted negligently, you have protection to get a refund on fraudulent transactions.

But if the same happens with your Skrill/Neteller account, the level of protection isn't the same. They have a VIP fraud guarantee but that's apparently not the all covering protection as it sounds.

So the point is, in terms of your bank account getting used fraudulently and your Skrill/Neteller account getting used fraudulently, you have more protection with your bank than you have with Skrill/Neteller.
« Last Edit: November 16, 2016, 08:52:41 PM by luctens » Logged

cortomaltese
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« Reply #9 on: November 16, 2016, 09:18:12 PM »

I can perfectly understand what greed can do to people
Many of us probably felt it in a personal level , but then again here we are talking about companies
with managers , directors , etc
Can't they see that this thing will kill their business?!
The first signs are already here!
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luctens
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« Reply #10 on: November 16, 2016, 09:34:23 PM »

Can't they see that this thing will kill their business?!
If they can't see that, then they're either deluded, or plain stupid.
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ilovethisforum
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« Reply #11 on: November 16, 2016, 10:14:38 PM »

Can't they see that this thing will kill their business?!
If they can't see that, then they're either deluded, or plain stupid.

The greed is a human trait.The directors and managers are humans.They just have fancy names(CFO,CEO etc)! :)
« Last Edit: November 16, 2016, 10:42:03 PM by ilovethisforum » Logged

Bubbles
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« Reply #12 on: November 16, 2016, 11:18:09 PM »

I can perfectly understand what greed can do to people
Many of us probably felt it in a personal level , but then again here we are talking about companies
with managers , directors , etc
Can't they see that this thing will kill their business?!
The first signs are already here!
It's a corporate problem. There are fewer and fewer companies that are owned by physical persons that take the long-term view of what's best for a company. Today in order to survive and compete a business must grow and consolidate so fast that it needs constant investments which come with the price of giving away control. So instead of the owner you got corporate suits for whom its just a stop in their careers and the only thing that matters for them is results during their tenure, which they can put in their CVs (I know, I was one). No long-term view, a bit like with politicians...
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raizzak
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« Reply #13 on: November 17, 2016, 12:57:35 AM »

I can perfectly understand what greed can do to people
Many of us probably felt it in a personal level , but then again here we are talking about companies
with managers , directors , etc
Can't they see that this thing will kill their business?!
The first signs are already here!
It's a corporate problem. There are fewer and fewer companies that are owned by physical persons that take the long-term view of what's best for a company. Today in order to survive and compete a business must grow and consolidate so fast that it needs constant investments which come with the price of giving away control. So instead of the owner you got corporate suits for whom its just a stop in their careers and the only thing that matters for them is results during their tenure, which they can put in their CVs (I know, I was one). No long-term view, a bit like with politicians...

Finally someone who gets it. In other words he described capitalism
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w62upr
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« Reply #14 on: November 17, 2016, 06:18:57 AM »

I was surprised that a very reputable exchange got in touch with me to propose to me alternative ways of funding/withdrawing my account!

You can't reveal the exchange name here ?
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