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-   -   New Deposit Option on Pokerstars (http://archives1.twoplustwo.com/showthread.php?t=336945)

sailorman 02-20-2007 06:52 PM

New Deposit Option on Pokerstars
 
http://www.pokerstars.com/poker/real-money/visadebit/

KurtSF 02-20-2007 07:06 PM

Re: New Deposit Option on Pokerstars
 
Taking you life in your hands without a questions mark there, eh?

GL.

sailorman 02-20-2007 07:12 PM

Re: New Deposit Option on Pokerstars
 
Not sure why I need a question mark when they now offer visa prepaid cards to players, send them out free of charge as well. Players are just responsible for ATM fees.

Can be used to deposit and cashout of Stars.

myself 02-20-2007 07:15 PM

Re: New Deposit Option on Pokerstars
 
Wait a minute guys this could be the good news we are all waiting for.

Doesn't say whether it is available to US players though.

Hsunami 02-20-2007 07:21 PM

Re: New Deposit Option on Pokerstars
 
How do you request the Visa card?

MataWispar 02-20-2007 07:22 PM

Re: New Deposit Option on Pokerstars
 
i just signed up, it does work for u.s. players. you can use it for cashouts and deposits. you don't need to deposit first in order to cash out. looks similar to epassporte but way faster, you don't have to buy the card

sailorman 02-20-2007 07:24 PM

Re: New Deposit Option on Pokerstars
 
Surprised this thread hasnt had any responses really, you type in all of your info in the Pokerstars cashiers.

Mr. 3173 02-20-2007 07:26 PM

Re: New Deposit Option on Pokerstars
 
Where do you sign up?

myself 02-20-2007 07:26 PM

Re: New Deposit Option on Pokerstars
 
I think that a flood or responses is coming as soon as people understand what is going on. [img]/images/graemlins/smile.gif[/img]

xJames2112 02-20-2007 07:26 PM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
How do you request the Visa card?

[/ QUOTE ]

KurtSF 02-20-2007 07:26 PM

Re: New Deposit Option on Pokerstars
 
For the record I was kidding above, expecting 100 responses in the next 15 minutes.

JoseGonzlez 02-20-2007 07:27 PM

Re: New Deposit Option on Pokerstars
 
how long does it take to get a card?

do they offer rush deliver?

TheMetetron 02-20-2007 07:28 PM

Re: New Deposit Option on Pokerstars
 
Good job Stars.

They should have had this available even when Neteller was up and running. I'm just cautiously optimistic because I get the feeling the fees are going to be bad.

Nate tha\\\' Great 02-20-2007 07:29 PM

Re: New Deposit Option on Pokerstars
 
This almost seems to fall into the "too good to be true" category.

lwlee 02-20-2007 07:30 PM

Re: New Deposit Option on Pokerstars
 
I just signed up. Fees suck.

$2.95 monthly fee.
4% + .50 to load from a credit card.
$2.50 to withdraw.

Terms

MicroBob 02-20-2007 07:35 PM

Re: New Deposit Option on Pokerstars
 
I agree Nate.

Isn't this pretty much what the government is trying to crack-down on in the first place?

Wouldn't they just go to Visa and say, "Stop accepting money-transactions that involve poker sites"??


I guess I'll be trying it in the near future as others share their positive experiences.
But I sure won't be leaving much in my Visa-debit account due to the possibility that the funds would somehow get frozen due to my evil pokering.

Seems like receiving a check in the mail might be less risky.

I just don't understand how this will be a permanent solution since the UIGA is pretty much the government telling Mastercard, Visa and banks, "Don't do this."

Hsunami 02-20-2007 07:40 PM

Re: New Deposit Option on Pokerstars
 
This offers a fast way to withdraw funds. $4 ATM fee is better than $25 Fedex fee. It still charges way too much for deposits though.

TheMetetron 02-20-2007 07:41 PM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
I just signed up. Fees suck.

$2.95 monthly fee.
4% + .50 to load from a credit card.
$2.50 to withdraw.

Terms

[/ QUOTE ]

Is the monthly fee only charged if you carry a balance from month-to-month? Stars seemed to imply there were only transaction fees.

If you are charged a fee regardless, this sucks. If not, it's not a bad option for some and depending on the max withdrawal may even prove useful. I'm most concerned with the ease of funding for fish, though.

ajmargarine 02-20-2007 07:41 PM

Re: New Deposit Option on Pokerstars
 
Just signed up. Fees suck hard. Above me is the particulars fees they hit you with.

It's thru Paytrucard.com

I talked on the phone with a rep. They consider Pokerstars withdrawal a load, so you'll get hit with 4% + $0.50. And then hit you with $4 at the ATM too. Monthly fee $3 too, woohoo.

When signing up thru the pokerstars cashier, make sure your middle initial is in there, as paytru seemed to assign me a random one. They also added to my address an "apt 101" which I was able to edit in the paytru window.

I signed up. 10-14 business days to get a card in the mail. I imagine things are going to be nutty this year with withdrawals, so I want as many options as I can have. (still in the middle of things with epassporte)

But, I don't see this as a long term solution unless Stars picks up that withdrawal fee of 4%.

jaminbird 02-20-2007 07:44 PM

Re: New Deposit Option on Pokerstars
 
I will probably stick to paper checks, but this seems like it will be good for the fish.

Nate tha\\\' Great 02-20-2007 07:48 PM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
Just signed up. Fees suck hard. Above me is the particulars fees they hit you with.

It's thru Paytrucard.com

[/ QUOTE ]

This company is registered in Antigua, interestingly enough.

Nate tha\\\' Great 02-20-2007 07:51 PM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
I will probably stick to paper checks, but this seems like it will be good for the fish.

[/ QUOTE ]

Yeah that's the point. Right now my concerns are about as follows:

______
VERY IMPORTANT
...
How I can withdraw money
...
How fish can deposit money
...
...
...
...
...
...
...
...
...
...
...
How I can deposit more money
...
...
VERY UNIMPORTANT
_____

cardcounter0 02-20-2007 07:53 PM

Re: New Deposit Option on Pokerstars
 
How is 4% + $.50 to deposit, 4% to withdraw, $2.95 monthly fee, $4 ATM fee plus $2 my bank ATM fee something to be happy about?

SO 4% rake in, 4% rake out, plus $9.45 in fees.

WOOOOHOOOOOOO!!!!! Will Stars be giving a reach around?

lwlee 02-20-2007 07:53 PM

Re: New Deposit Option on Pokerstars
 
It seems the link is now gone from cashier.

No way this is good for casual players. They nick you every month, nick you when you deposit, nick you when you cash out from pokerstars and then nick you again when you withdraw. If I'm a casual player, what's left of my $100 that I deposit?
[ QUOTE ]
I will probably stick to paper checks, but this seems like it will be good for the fish.

[/ QUOTE ]

BadLieutenant 02-20-2007 07:54 PM

Re: New Deposit Option on Pokerstars
 
yeah WTF...link from Cashier is now gone

yellowdoyle 02-20-2007 07:56 PM

Re: New Deposit Option on Pokerstars
 
Ddin't ZBT Horton mention Stars having a new payment processor soon?

Ron Burgundy 02-20-2007 08:06 PM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
9. USE OF CARD

After the Card is issued and activated, you may use it to purchase goods and services anywhere Visa Cards are accepted and to access cash at ATMs or financial institutions displaying the name and/or logo of Visa / PLUS, subject to the terms of this Agreement. The value available on the Card at any one time is limited to the dollar amount of prepaid funds, less withdrawals and amounts deducted for purchases and fees. Each time you use the Card to purchase goods or services, you authorize Bank to debit the Card. The Card and your obligations under this
Agreement are non-assignable and non-transferable and the Card may be used only by the Cardholder or a Registered User. Furthermore, you agree that you shall:

a. use the Card to purchase illegal goods or services;

b. promptly notify us of any loss or theft of the Card; and
c. use the Card only as instructed. If the Card is used other than as permitted by this Agreement, to the extent permitted by law, Bank may, at its option and without waiving any of its rights, recognize the transactions and debit or credit the Card accordingly.

[/ QUOTE ]

Yes sir!

ajmargarine 02-20-2007 08:15 PM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
[ QUOTE ]
Just signed up. Fees suck hard. Above me is the particulars fees they hit you with.

It's thru Paytrucard.com

[/ QUOTE ]

This company is registered in Antigua, interestingly enough.

[/ QUOTE ]

I asked the customer service rep where she was located. She said Michigan.

ajmargarine 02-20-2007 08:20 PM

Re: New Deposit Option on Pokerstars
 
Also from the email I just got from paytru. Monthly fee of $2.95 is only charged when there is a balance on the account with no monthly accrual. So if you maintained a zero balance on the card month to month, you'd skip that fee. So if Stars picks up that load fee of 4% it will be real similar to the Neteller ATM card for fees. And now it's off the stars cashier page, so who knows.

ZBTHorton 02-20-2007 08:38 PM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
Ddin't ZBT Horton mention Stars having a new payment processor soon?

[/ QUOTE ]

Yep, at the time I was talking about MoneyGram though.It didn't come through the way I thought it would, but I think this is definitely a big step in the right direction.

ajmargarine 02-20-2007 11:45 PM

Re: New Deposit Option on Pokerstars
 
Email dialogue with Stars:

Regarding the "get a free pre-paid Visa Debit Card"

>Hi,
>
>I just signed up for this deposit/withdrawal option thru your site and
paytru. Everything went thru fine. I even talked with paytru's
customer
service rep on the phone already.
>
>But,
>
>1. I notice it isn't an option in the cashier window anymore. What's
up
with that?
>
>2. Paytru's fees seem similar to Neteller's fees. However, I am
concerned with the 4% + $0.50 load fee. Their rep says that
withdrawing
from Stars would be a load. Are you picking up that fee as you did
with
Neteller?
>
>Thanks,

Their response:

Hello xxxx,

Yes, once you sign up for a Visa debit card, the option will disappear.
You
will need to return to the Cashier screen and then make a deposit using
the
Visa logo.

We will cover the fees for your cash out, from your PokerStars account
to
your Visa Debit Card.
However, please keep in mind that there might be
other fees involved once the funds are in your Debit Card.

Regards,

Anna
PokerStars Support Team

-------------

So, this is real real similar to Neteller atm fee-wise.

punkass 02-20-2007 11:52 PM

Re: New Deposit Option on Pokerstars
 
I never signed up for the debit card (although I did click on the button and opened the window). The option is no longer there.

MusashiStyle 02-20-2007 11:54 PM

Re: New Deposit Option on Pokerstars
 
i didn't see it.

HSB 02-21-2007 12:02 AM

Re: New Deposit Option on Pokerstars
 
I just checked and it no there. What gives?

Ron Burgundy 02-21-2007 12:21 AM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
I never signed up for the debit card (although I did click on the button and opened the window). The option is no longer there.

[/ QUOTE ]

pipedreamz 02-21-2007 12:25 AM

Re: New Deposit Option on Pokerstars
 
not there for me either.

Dennisa 02-21-2007 02:00 AM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
I will probably stick to paper checks, but this seems like it will be good for the fish.

[/ QUOTE ]

This is an awful idea for fish. They load 100 bucks on the card, they get to play with $94 on the site. (100 - $3.00 monthly fee - $3.00 load fee). If a fish did not find value in subscribing to a No rake poker site 2 years ago for 10 bucks a month, why would they want to load $100 bucks to play on pokerstars with $94.00.

No solution will work for the average player until when they allocate $100 to play poker, they get $100 on the pokersite.

dollerAday 02-21-2007 02:06 AM

Re: New Deposit Option on Pokerstars
 
Maybe because they know pokerstars exists.

Dennisa 02-21-2007 02:06 AM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
[ QUOTE ]
Ddin't ZBT Horton mention Stars having a new payment processor soon?

[/ QUOTE ]

Yep, at the time I was talking about MoneyGram though.It didn't come through the way I thought it would, but I think this is definitely a big step in the right direction.

[/ QUOTE ]

Until Pokerstars and other pokersites bare the costs of all fees with new processors, it will never be a step in the correct direction.

MicroBob 02-21-2007 02:21 AM

Re: New Deposit Option on Pokerstars
 
[ QUOTE ]
If a fish did not find value in subscribing to a No rake poker site 2 years ago for 10 bucks a month, why would they want to load $100 bucks to play on pokerstars with $94.00.

[/ QUOTE ]


I don't see the logic.
If a fish doesn't see the value in a no-rake site then they are MORE likely to not see any problem with depositing $100 and only getting $94 to play with.

People who are MORE AWARE are the ones who will have problems with the fees.
Those who are LESS AWARE are less likely to be bothered by it.


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