EMO, new payment processor for 12dp
As I can see there is a high interest for EMO. Some members in this group mailed me privately too regarding this issue, so I'll reply here to all...
So here is what I found:
It is possible to open 2 account(or more). What make this possible is "key" sentence
"Based on the services you plan to use, you MAY need to verify your account"
The point here is that you need to know difference between them.
If you ask me all I need is EMO to EMO, EMO to e-gold or e-bullion and vice-versa and eventualy bankwire. Will I get it...?
More detailed what can you do WITHOUT verification:
Open First Account (personal/business) FREE
Open Additional Accounts FREE
Account to Account Transfers Instant FREE
Receive EMO payments Instant FREE
Send individual EMO payments When recipient logs-in FREE
Print an EMO up to 1000 USD on plain paper Upon Activation $2.00
Bad thing is that verification is needed for:
Bank Wire - International (Minimum of $5000.00) Same or next business day $50.00
Internet Currency(In/Out) Instant variabile
So where are we:
Without verifying your account you will be "limited" to:
So this is very restrictive PP especialy because of USA Patriot Act, so they could help the US government fight the funding of terrorism and money laundering activities.
Also 12DP is exclusively forcing StormPay and EMO only to prevent "I-Downline sindrome".
We all know that implementing E-Bullion like PP option is simpler than EMO, but they just don't want to do it..., for now.
So, you can open many anonym EMO accounts and let other fill it from theirs EMO and then you can use it to invest/pay other EMO's
So here is what I found:
It is possible to open 2 account(or more). What make this possible is "key" sentence
"Based on the services you plan to use, you MAY need to verify your account"
The point here is that you need to know difference between them.
If you ask me all I need is EMO to EMO, EMO to e-gold or e-bullion and vice-versa and eventualy bankwire. Will I get it...?
More detailed what can you do WITHOUT verification:
Open First Account (personal/business) FREE
Open Additional Accounts FREE
Account to Account Transfers Instant FREE
Receive EMO payments Instant FREE
Send individual EMO payments When recipient logs-in FREE
Print an EMO up to 1000 USD on plain paper Upon Activation $2.00
Bad thing is that verification is needed for:
Bank Wire - International (Minimum of $5000.00) Same or next business day $50.00
Internet Currency(In/Out) Instant variabile
So where are we:
Without verifying your account you will be "limited" to:
- Receiving money from other EMO users.
- Sending money to other EMO users.
- Printing EMO™ Electronic Money Orders(up to 1000 USD).
So this is very restrictive PP especialy because of USA Patriot Act, so they could help the US government fight the funding of terrorism and money laundering activities.
Also 12DP is exclusively forcing StormPay and EMO only to prevent "I-Downline sindrome".
We all know that implementing E-Bullion like PP option is simpler than EMO, but they just don't want to do it..., for now.
So, you can open many anonym EMO accounts and let other fill it from theirs EMO and then you can use it to invest/pay other EMO's