quicktender cant transfer

[arkyt]

Sure would suck if they closed and walked away with all the money in there ... wonder if thats why some of these programs are delaying payments eg ASUSA. Hmmmmmm.

[GamTrak]

Sure would suck if they closed and walked away with all the money in there ... wonder if thats why some of these programs are delaying payments eg ASUSA. Hmmmmmm.

You got that right as I have a large sum of money tied up there and I'd hate to lose it or have it delayed because it's payroll for my staff!

I know that BetUS is having issues finding a processor to pay affiliates (not me), but I know a guy that is near nervous breakdown mode over his late payment. I spoke with them today and they are scrambling to find a solution.

[allfreechips]

I get the same message. Not good.

[Casinorep]

Samething happening to me. They claim it will take 5 business days. What kind of technical issues take that long? Very fishy.

[GamblersHeaven]

I just received this.

Dear,
Please be advised that there was an issue with your recent withdrawal request, which has not been processed by the US bank. We are investigating the issue, and in the meantime have returned the funds back to your QuickTender Account.

This situation is beyond our control as it relates to the onward transmission of funds transmitted by our European banking partner.

Please be advised that we will do everything we can to resolve this situation.

Kind regards,
QuickTender Settlement Department
banking@QuickTender.com
Fax: +44 (0)870 626 9684

Not sure what's going to happen now. 90% of my payments go through QT.

[TravG]

Im in the same boat. This is dissapointing because QT was always such a great option. I still have payments from two months ago waiting to be paid by some programs, I assumed my QT payment I could at least count on - ug!

[Redbush54]

This was just posted over at CM by Bryan who spoke with the CEO of QT and received this email

http://www.casinomeister.com/forums/...-tender-7.html

The management of Quicktender would like to make the following statement
regarding the current situation with UseMyWallet/Quicktender withdrawals:

We have operated a reputable and reliable payment mechanism for US customers
since 2006. Our reputation is important to us, and until recently there has
never been any question that players and merchants would be paid. In order
to achieve this, we have built over many years relationships with payment
intermediaries that share our values of honesty and integrity. In the
jurisdictions from which we offer our services we are proud to be properly
licensed and constituted, and have even worked with US law enforcement on
occasions where criminal activity has been identified.

However, we cannot always predict some of the vagaries of the US
administration. Over the past 2 weeks we have in good faith transmitted
withdrawals initiated by Quicktender account holders to beneficiary bank
accounts in the US. The money left our account in Europe. It was only in
response to increasing complaints from our customers that we recognised
there was a problem, and asked our bank to investigate. It emerges that the
money has been accumulated in our bank's correspondent banking partners
accounts in the US, and has been frozen. We suspect it is possible that
these funds may be subject to a seizure order by the US authorities. We
would stress that we do not have bank accounts in the US of our own, and
that the funds have left our account Europe.

It is our express intention to ensure that the funds of our account holders
are safe. For this reason we have decided to suspend future withdrawals
until we understand what has happened to the money that has been frozen. If
we continue to transmit bank wires into the US we could find that these
funds also do not reach their ultimate beneficiaries. This would simply make
the problem worse.

We ask our customers to bear with us in these difficult times. Please be
assured that we have always honored our obligations in the past, and that we
will make every effort to overcome these current difficulties. It is not in
the interests of anybody to attempt to financially impact QuickTender
further. These actions may impact the future viability of the company and
the ability of the company to pay its customers. We are assessing our
current exposure, and how best to reintroduce withdrawals safely.

We would like to take this opportunity to thank our customers for their past
loyalty, and to reiterate that we will take all possible steps to ensure
that our customers money is secure."


It would appear US affiliates are now screwed as the DOJ has won

[wagerjunction]

Thanks Redbush54.

I am so sorry for all those amongst you who are being affected by this. Let's hope they find a way to sort that out soon and you all get your due.

[Sunflower]

The money left our account in Europe. It was only in
response to increasing complaints from our customers that we recognised
there was a problem, and asked our bank to investigate. It emerges that the
money has been accumulated in our bank's correspondent banking partners
accounts in the US, and has been frozen.

I would like to see proof of this

[Chips]

It never fuckin ends.

I too rec'd the same canned response to my query of where the cashout was. This is not good at all. Just another brick in the wall...

I may have a fire sale soon. So sick and tired of chasing stuff. This by far has been the worst few weeks I have ever encountered.

BTW, I did ask if I could get the funds sent to one of my debit cards, no response yet. But after reading Janet's post above I do not think that will be allowed as it appears the cash is gone.

[slotplayer]

I'll give a prime spot (where a CC 468x60 banner used to be) to any program till the end of the year that wants to flush my QT to my bank via one of their properties.

[GamTrak]

So basically, the money that was withdrawn and shows 'confirmed' is lost, but the funds that are still in our account that can't be withdrawn may be safe as in will be sent back to the merchant?

I hate long drawn out emails. I prefer the bullet point style to cut thru all the bs.

I guess it could be worse, but not sure how!

[universal4]

I am kinda confused as to why some people had reported somewhere (don't remember where I read it) that they got their withdraw back into their accounts and some of us did not.

This little fiasco has kinda left me personally in a small bind as I was counting on my withdraw since I just had to buy a car the other day since I blew mine up.... grrrrr.....

Rick
Universal4

[GamTrak]

I know what you mean Rick, I just bought a new king size bed, had all of the carpeting & leather furniture in the house cleaned by Stanley Steamer, paid for my summer vaction to Ohio and blew about 1k on other stuff that I did not really need in the last 2 weeks. I really hope I get some of the money lost in QT!

[arkyt]

So basically, the money that was withdrawn and shows 'confirmed' is lost, but the funds that are still in our account that can't be withdrawn may be safe as in will be sent back to the merchant?

I hate long drawn out emails. I prefer the bullet point style to cut thru all the bs.

I guess it could be worse, but not sure how!

Thats the way I read it too, but who knows ...? With 80%+ of my payments going into QT and quite a bit of money sitting in there, in addition to waiting on payments from ASUSA going back to March, I'm not sure how things could get much worse; least they come out and say sorry its all gone and you aren't getting it back.

If this is the DOJ at work again, they sure do a bang up job of creating anti-sam-sentiment from home!

[GamTrak]

I hope everyone is contacting the brands to change payment methods! I'm willing to have a $500 min. if it means not having to use QT. I'm so glad that I started my web design business because this is just to nerve racking to deal with for much longer.

It appears to me that the DOJ is going after affiliates now because we bring in the players. I hope i'm wrong, but at this point I'm not hopeful that things will get any better between dealing with brands that are out to screw us and the DOJ it's looking dimmer by the day.

It's best I don't even express my feelings about the DOJ pissing folks off because I could be arrested.

[MichaelCorfman]

I just want to point out the poll-question thread relating to Quicktender to folks participating in this thread:

What percentage of your affiliate payments do you receive through Quicktender?.

Michael

[diceman]

Daaaaaaaaaaaamn this is bad lol I only laugh to keep from going nuts at this point. I literally rely on QT as my main payment system. I put all my eggs over there cuzz of the charge to take out the money. I kinda even left a bit of a nest in there also. I think I need to go get a ******* drink

(edit just to say) - I hope that chargestream will be ok :P

[slotplayer]

I've mentioned this before througout the years about a single point of failure, at one time I took my own advice but as time went on industry circumstances kind of forced me and I'm sure many others to opt for QT.

I'll just throw this out there as I can't verify it, but I swear my wires from cc years ago (before they offered QT) and QT had the same descriptor in my online banking. Unfortunately, my online banking records don't go back far enough.

[diceman]

cc = captain cook or casino coins?

Zill stop the edit thing... but my bank can go back that far... when you thinking?