View Single Post
  #22  
Old 01-18-2007, 08:42 PM
malo malo is offline
Senior Member
 
Join Date: Apr 2005
Posts: 349
Default Re: Epassporte is the only funding option.....

[ QUOTE ]
Epassporte question - do you get a visa number associated with your account so you can use that visa number to shop online?

[/ QUOTE ]
Yes, you get a standard Visa number to use for online purchasing. If you get the Electron, it has a different number.

I have heard of one other bank declining Epassporte--believe it was Washington Mutual. Something to kick around---consider opening a second account at a credit union for funding any online wallet, or for using paper checks to deposit/cash out from poker sites (if it comes to that.)

My theory is this: while some CU's have grown into large entities, most are still fairly small compared to banks. They operate on smaller budgets and with smaller staffs. They are not likely to go above and beyond the call of duty to prevent gambling transactions. They will do what any future regulations require in the least expensive (meaning most bare bones) way possible. Since at this point the regulations are not in place, CU's are not trying to block transactions.

It does seem that the DOJ has a real bug up its butt on this issue, and it seems some of the large banking institutions seem more than willing to aid and abet the DOJ's efforts. CU's have very different philosophical underpinnings, and think that alone makes it likely they would not jump on any DOJ bandwagon.

FWIW, I bank at a credit union, so my theory is based on my interactions there and how that CU operates.

Edit: My initial Epassporte load was on a USBank CC.
Reply With Quote