
Originally Posted by
kavaman
I already apologized for making another thread. Like i said this post was supposed to go to the rushmore experiences thread. So if someone can merge this, would be most welcome.
When i asked about click2pay support said that they have made a deal with click2pay that does not allow them to send money to customers.
-kavaman
So, those casinos that claim that they are REQUIRED to pay back to Click2Pay if the deposit came from them are talking bollox, or Click2Pay would have REQUIRED Rushmore to do the same, rather than REQUIRING that they don't.
Looks like the launder is on for all those US members who have less than $1500 stuck there, and find all casinos INSIST that any withdrawal resulting from a Click2Pay deposit must go back to Click2Pay - an issue that has been raised my US players who thought they could get around the $1500 rule by depositing, playing a bit, and requesting withdrawal by check, and getting nowhere - now you can, thanks to Rushmore and this deal that seems counter to all these supposed rules and regulations we are forced to suffer at the hands of casinos who in turn claim they have to impose such rules because of these international money laundering regulations.
Perhaps these regulators might be interested in this "deal" that would permit the "in through Click2Pay, out by check" system at Rushmore? Click2Pay can be set to automatically debit from a credit card, and this is what is the real loophole when it comes to rogue players. They will use a credit card through Click2Pay, withdraw by check, and then issue a chargeback on the card. This will result in the money being reclaimed from Click2Pay, who ordinarily insist that withdrawals go back to them if they have transacted the deposit, hence this dodge would not normally work. Now, Click2Pay will have to take the hit, and then recover the money from Rushmore, who then have to recover it from the player. This is a good deal harder, as more parties are involved, and the trail more convoluted, and it is likely that a rogue player could run with the money before recovery could take place.
This deal is stupid, so why on earth did Click2Pay agree to it, or insist on it as it appears. I no longer believe casinos and processors are as concerned about money laundering as they claim they are, they have more self serving reasons for quoting all these regulations as explanations for their often perverse and inconvenient rules. Clearly, in this case, something is of more value profit wise for this partnership to justify taking this extra risk, even though it is even MORE inconvenient for players than even some of the perverse rules we have to deal with already.
In the case of Rushmore, it is not the limited deposit methods that are the main issue any more, but the even more severely limited WITHDRAWAL methods. When I saw that a couple of eWallets were supported, even though Neteller was not, I assumed all that I would need to do was sign up with one of them, fund it, and I could then easily deposit and withdraw. It now seems that I was wrong, and that withdrawal is far more complicated than this.
I even considered re-using my old Click2Pay account, even though they got one over on me with inventing unnecessary currency exchanges, but it seems this would have been no good anyway.
Empty Fruities Astern Capt'n
Back to port for unloading.
Full Sails - before we get raided ourselves.
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