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2Checkout's new ATM card
Anyone use it here?
Essex_boy




msg:627676
 10:45 pm on Jan 1, 2004 (gmt 0)

Ive just applied for 2CO's new ATM card system, it would appear that you can draw out funds far quicker than their fortnightly payment run.

Its a touch pricey at $50 per application, and the transaction fees are rather high, but I guess I could have done with this prior to xmas.

Anybody here use it? Is it good bad? Waste of time?

 

KoDe_GuRu




msg:627677
 6:29 pm on Jan 2, 2004 (gmt 0)


I have it in my wallet but have yet to use it. I just ordered it because I process so much through the 2CO interface for my 14 accounts, I figured it would be a means to emergency money should I ever need it. When I ordered it I was under the impression that it would deduct funds from the amount that was "to-be" deposited. Then when I received it, there was a letter that said something different and confusing so I never did anything with it.

I would be interested to hear what you know about it.

Essex_boy




msg:627678
 8:41 pm on Jan 2, 2004 (gmt 0)

Yeah thats what I thought, I mean the purpose I thought was to be able to draw down a balance from 2co accounts before they wire teh money to you.

So its something diffrent then?

Nuts what a waste of $50. So just how is it used?

Do they wire the funds to your 2co card account then you draw upon it? Which isnt going to be any faster...

Blast.

pbreit




msg:627679
 10:39 pm on Jan 2, 2004 (gmt 0)

PayPal's ATM/debit card is free.

Essex_boy




msg:627680
 7:59 pm on Jan 3, 2004 (gmt 0)

I cant have one if im the UK can I?

andy_boyd




msg:627681
 11:44 pm on Jan 3, 2004 (gmt 0)

They aren't offering a UK one at the moment, at least I think that's the situation.

However, a few months ago CNET News.com had an interview with a PayPal executive revealing their continued expansion into the UK market this year. From that report it looked like they are planning on adding such services as the credit card. Very handy indeed, if it was to happen.

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