I somewhat agree with KP up there, the fees are certainly a KILLING, especially, and since most players are looking for $100 and under, it's a lot to pay. What I can say is that I've transferred $350 from my Paypal to Full Tilt there without any hassle and even got support when things were a bit slow.

Originally Posted by piv

paypal and you are dodgy as fuck

so is your sister cool guy

Originally Posted by Pinguaq

where (e.g what bank/what country) do you keep the funds in escrow? Also, your fees (%5 per party basically making it 10%) are WAY to high. Post back here when you become reasonable, like 3% - 4% total (1.5% - 2% per person).

To transfer $250 between people you get $25... gimmeabreak.

I'm also curious to what the sites like PS & FT will do when they catch on, which will be pretty quickly if you only have onw account per site are busy to transfer from/to

The total fee is 5%. It states 2.5% per party. Fairly reasonable if they dont again charge you the pay pal fees they pay. I do agree with you about PS or FTP, or worse, Paypal catching on.

Originally Posted by Loz

The total fee is 5%. It states 2.5% per party. Fairly reasonable if they dont again charge you the pay pal fees they pay. I do agree with you about PS or FTP, or worse, Paypal catching on.

hmmm.. From their Fees page Fees - Poker Transfers Online: Transfer Poker Money Safely

Example 1
User A sets up a transfer with User B for $50.00 PS for $50.00 FT. User A would be charged a fee of $5.00 and User B would be charged a fee of $5.00. Pinguaq note: Traded $50, he charged $5 to each for a total of $10 which is 20%

Example 2
User C sets up a transfer with User D for $250.00 PS for $300.00 FT. User C would be charged a fee of $13.75 and User D would be charged a fee of $13.75. Pinguaq note: Average is $275, he charged $13.75 to each for a total of $27.50 which is 10%


Paypal Fees
Any transaction involving the use of Paypal is subject to a 3% surcharge fee. This is to cover the fee Paypal charges for conducting business with them. This is to be paid by whichever party is SENDING Paypal.

Example 3
User E sets up a transfer with User F for $250.00 Paypal for $250.00 FT. User E would be charged a fee of $12.50 PLUS a surcharge fee of $7.50 and User F would be charged a fee of $12.50. Pinguaq note: Traded $250, he charged $12.50 to each for a total of $25 which is 10%. Additional $7.50 (3%) to Paypal user for a grand total of 13%

Either way, there is too much risk of funds being seized if he has any volume that I would never trade $1 through this illigitimate service. It was a good idea, but not very well thought out.

Originally Posted by Pinguaq

hmmm.. From their Fees page Fees - Poker Transfers Online: Transfer Poker Money Safely



Either way, there is too much risk of funds being seized if he has any volume that I would never trade $1 through this illigitimate service. It was a good idea, but not very well thought out.

Good digging. His post and his terms are contradictory.