Its in the beginnig boys, Western Union told me Securebuxx is no longer an option in their system, which company is next...?

[HacheMan]

Tried to make a deposit via Western Union into Securebuxx, and was told by the WU operator that securebuxx is no longer in their system, that it had probably been taken out due to being gambling related!

The big question here is, is this Securebuxx's doing, or fault in some way, and if its not, which company is targeted next by whoever started this? Thank goodness I took my funds out of securebuxx about 2 weeks ago though.

 

[oldmantime]

So why are we worried about Congress passing a "law".

I've got three Visa cards, one Mastercard and a bank debit card, which haven't worked for over a full year! PayPay gone too!

What law is it we are to be concerned about?

 

[Dante]

thanks for the update hache....if neteller leaves there goes 80% IMO of the funding of accounts

 

[HacheMan]

I called Securebuxx just to verify the problem, and yes, they confirmed it. They said they are going to work on it in the future, but as of right now, Western Union has cut ties with them due to them being "gambling related". This obviously means someond else had a hand in this and forced Western Union to do this in my opinion because WEstern Union knows much of their business directly through them is gambling related.

 

[KeithRichard]

It seems like this is the same thing that happened with PPATM. I considered this the best method to fund both with.This really sucks.

 

[codeworks]

Keith

I think you can fund PPATM via western union by using online bill payer. Got an email on that the other day.

 

[KeithRichard]

Code...yes you are right. I also received an email from them about that option but it looked to be a minor hassle to do.I will check it out again though thanks

 

[theswami]

dante-

neteller should be around for a while. since they are not an american company they cannot be controlled by the us gov't. the potential issues i see with neteller are:

1) that bank of america deposit option will be gone VERY soon. b-of-a cannot continue to be associated with a company that essentially provides a mechanism for online gambling. keep in mind that neteller account holders can no longer deposit with them via citibank.

2) the cc funding option will also be eliminated soon. visa/mc has already shown an unwillingness to allow gaming type transactions.

3) eft/bankwire options should be available for a while since it would seem to me that they would run under the radar screen. i've worked at a bank for years and at most major instituions the operations departments don't communicate well with each other. so while it may seem intuitive that a bank that will not allow their cc to be used would also ban efts and bankwires, i expect that the processes are run by different groups.

if the new law is put into place that will target the financial system and force banks to examine specific transactions for gambling related ties neteller could run into a bit of trouble.

NOTE TO NETELLER: PLEASE EXPAND YOUR BUSINESS TO INCLUDE NON-GAMING TRANSACTIONS. (i know, easier said than done.)

if this is done, i suspect that neteller would be shielded from the laws a bit since it would be very difficult to discern whether a user is sending neteller money to buy an auction item or to place a bet. especially since the us gov't will not be able to examine its books.

keep in mind, paypal was PRESSURED into stopping gaming transactions. there was no way a bank would stop customers from funding paypal accts. fortunately, neteller will not have to wilt to the pressure and banks will keep doing the transactions. IMHO

 

[hardyharhar]

Swami,
Keep in mind that both Securebuxx and PrePaid ATM are both Canadian companies. PPA moved there recently to avoid US authorities, but all three firms are dependent on the US banking infrastructure in order to exist.