Update: Entropia Universe Cash Card

[Player120]

Originally Posted by Chimp

Hey cool, I missed this thread.

Be really nice if MA were to update their website that still says they're shipping from last August, don'tcha think?

I totaly agree .
It's a month gone away and the site was still not updated ...not very professional...somebody at public relations is not doing his job and must be fired , EU is very nice game and does not worth this image ..

So, EU cash card to be issued or not ?

Sure ,the game is very nice and entertaining, ok maybe is not easy to make money in EU, but knowing I have to play it just for depositing money makes me not to play more than a month this game ,that's for sure ,it's just don't worth it.....the only possibilty to withdraw money by bank withdrawal is a waaaaaaaaay to big bulshit considering it takes more than a mounth , i'll never wait more than a week ever.

Sure ,if someone wants to deposit, his $$ are taken in a few minutes...Not quite fare .....

Well ....i just hoped MA brilliant ideea regarding issuing a branded cash card could be implemented faster because other virtual worlds are going to pop up ...........playing the game would have had been more entartaining knowing you can withdraw maybe on the visa card you have used to deposit .

I hope things are in the work , I presume issuing the cards is not an easy process , an info update would be nice though...

[Sarmea]

It'd be nice if they added a Paypal option. I'm already verified with them from way back, and it's alot less PITA then verifying through paynova, or EU.

My debit card from Paypal doesn't come with an 8 digit activation code, so I can only deposit 20 USD per month, through Paynova.

[Unity]

Originally Posted by Player120

I totaly agree .
It's a month gone away and the site was still not updated ...not very professional...somebody at public relations is not doing his job and must be fired , EU is very nice game and does not worth this image ..

So, EU cash card to be issued or not ?

Sure ,the game is very nice and entertaining, ok maybe is not easy to make money in EU, but knowing I have to play it just for depositing money makes me not to play more than a month this game ,that's for sure ,it's just don't worth it.....the only possibilty to withdraw money by bank withdrawal is a waaaaaaaaay to big bulshit considering it takes more than a mounth , i'll never wait more than a week ever.

Sure ,if someone wants to deposit, his $$ are taken in a few minutes...Not quite fare .....

Well ....i just hoped MA brilliant ideea regarding issuing a branded cash card could be implemented faster because other virtual worlds are going to pop up ...........playing the game would have had been more entartaining knowing you can withdraw maybe on the visa card you have used to deposit .

I hope things are in the work , I presume issuing the cards is not an easy process , an info update would be nice though...

Over two weeks have passed since the last announcement regarding Cash Cards.
Seems it isn't on their priority list at all.

[Midori Fairlona]

Originally Posted by Sarmea

It'd be nice if they added a Paypal option. I'm already verified with them from way back, and it's alot less PITA then verifying through paynova, or EU.

Unfortunately you have given the reason MindArk won't accept Paypal right there. PayPal is too easy to access and it is much easier to commit fraud with than the payment options MA currently accept.

Withdrawals from EU through PayPal would equally be a problem as MindArk won't be able to verify the identity of the person they are sending a payment to. All they would have is an email address.

I can see hackers in the future breaking into someone's EU account, registering a PayPal address and requesting a withdrawal. The chances of you retrieving items stolen by a hacker are small at the moment. Think how much harder it will be if the TT value of your items has been removed to someone's PayPal account.

[Midori Fairlona]

Originally Posted by Unity

Over two weeks have passed since the last announcement regarding Cash Cards.
Seems it isn't on their priority list at all.

With the current instability of the international banking markets, MA's intended partner may have become a little wary of new investments. Even if the current conditions haven't caused any delays in themselves, they also can't really be helping too much.

Personally, I think this may drag on for a while longer.

[Player120]

Quote:
"Entropia Universe Cash Card Update
11 Sept 2007

MindArk apologize for the delay in delivery of the new Entropia Universe Cash Card."


Well MA if you still up for offering this EU cash card I congratulate you , thanks for the news.

Bad thing now is 30-sep, so another 2 weeks r gone , any new info plase ?

Quote:
"Once again, MindArk are working to make the service available as soon as possible.
"
Congrats

Quote:
"Well, thanks for heads up. Better than no information."

Agree thanks u rememebered us the players , better than no info at all, that's very true

Quote:
"MY RL Credit/Debit Cards charge precisely 0 GBP FEE / MONTH
It would be reasonable to think that EU Cash Card will be the same"

Very true i hope too, but if not possible let them put their comission and just gives us the card , it'a a lot better than waiting 60-90 days ( atention working days - that's more than 3 months , besides to make an euro account costs 50 Euro and wbank withdrawals costs also fees )

So any update MA please ..is 30-sep today

[Midori Fairlona]

Originally Posted by HvSW

MY RL Credit/Debit Cards charge precisely 0 GBP FEE / MONTH

It would be reasonable to think that EU Cash Card will be the same

One thing you should consider with this is that RL Credit and Debit cards make their money from interest and fees on late payments/overdrafts and charges to the companies that are accepting your payments.

In terms of the EU cash card, there will only be a very small number of people that will ever use the card (optimistic guess of 100,000 people) so you immediately lose the economies of scale you get with the likes of Mastercard, Visa and Switch/Maestro. The method of pre-loading your card with PED before you make a purchase also reduces the chance of you accidentally becoming overdrawn with the card company, so they lose most or all of that income stream also.

Finally, while they may be charging the companies that accept your card for payment, this will again be affected by economies of scale - how many transactions will Entropians be making per month? Hardly enough to justify the cost of running such a scheme anyway.

Therefore you are almost guaranteed to have fees for using such a service, unless you can suggest to MA's partner another way that they will be able to recover the costs of their investment.

[Player120]

Originally Posted by Midori Fairlona

Unfortunately you have given the reason MindArk won't accept Paypal right there. PayPal is too easy to access and it is much easier to commit fraud with than the payment options MA currently accept.

Withdrawals from EU through PayPal would equally be a problem as MindArk won't be able to verify the identity of the person they are sending a payment to. All they would have is an email address.

I can see hackers in the future breaking into someone's EU account, registering a PayPal address and requesting a withdrawal. The chances of you retrieving items stolen by a hacker are small at the moment. Think how much harder it will be if the TT value of your items has been removed to someone's PayPal account.

1) -From what i read on this forum i recall somebody paypal was an option in the past but there were many frauds with paypal , i don't think i'l wanna be in situation to withdraw with paypal and money to go to somebody else...
2) paypalsucks.com
3) withdrawal times also 1-2 weeks

so EU cash card would be the best, you withdraw fast from ATM
doesn't matter if fees would be involved, paypal and bank withdrawal have way much greater fees ..besides you can withdraw fast ..

[Acronoid]

Nice of MA to keep us informed

[Chimp]

Originally Posted by Midori Fairlona

...In terms of the EU cash card, there will only be a very small number of people that will ever use the card (optimistic guess of 100,000 people)...

roflmao

---------

Seeing as cards are now 'stuck' in our inventories, I assume the process is at least underway.

Just hope they don't suddenly decide to restart from scratch again and yank them out like they did before, recrediting our PED balance.