Deposit Methods Update

Bertha Bot

Entropia News Fetcher
Joined
Jul 26, 2006
Posts
2,938
Unfortunately, due to a change in Paypal's policies regarding e-currencies and virtual currencies, PayPal will no longer be offered as an option for deposits to or withdrawals from Entropia Universe.

MindArk is actively pursuing potential additional payment providers, which may also include cryptocurrency payment options. Some of the providers we are exploring include: Neteller, Skrill, Utrust, and TransferWise.

As an alternative to PayPal, MindArk recommends using the bank or wire transfer deposit option, which is the most cost-effective method to deposit funds into Entropia Universe for deposits of $400 or more.

Finally, please be aware that MindArk does not collect or store any of the credit/debit card information, card holder information, or personal information provided when making a webshop purchase or deposit into Entropia Universe; all such information is handled by DIBS, a very secure and highly-regarded payment processor.


Originally Posted Here
 
Last edited by a moderator:

MsPudding

Elite
Joined
Feb 2, 2011
Posts
2,626
Location
Salt Lake City, USA
Avatar Name
Rachel MsPudding Hawkins
And there you have it folks, no more PayPal :(

Thank you for the communication and update! And hopefully some of those other deposit/payment methods pan out.
 

Konvicted

Elite
Joined
Mar 28, 2007
Posts
4,356
Location
ιη тнє ριηєคl glคηd
Society
Freelancer since january 2020
Avatar Name
Λкση ƬяυѕƬ Κσηνι¢тed
Such a shame...
 

endermigne

Elite
Joined
Apr 21, 2006
Posts
3,782
Location
EU (either way)
Society
The White Dots
Avatar Name
ender endermigne migne
DIBS seems to be a Swedish company with further locations in Denmark and Norway. So no FBI, CIA, MI5, GCHQ, ASIS, CSIS.

But, who knows... :)
 

Fiona Simmons

Stalker
Joined
Mar 11, 2005
Posts
2,030
Its unfortunate that paypal is not longer available but the mentioned payment processors are decent alternatives if you're willing to take your time to explore them and register an account. Tbh i believe paypal got too big and ending up in a monopoly at one point isn't good for companies and customers alike, so im more than glad to give other payment processors a try.

Especially Skrill is a very popular payment processor and their rapid transfer option enable you to link your bank account to the payment processor and make direct purchases. Its different from paypal tough but its way more safer for Mindark because its harder to charge back money deposited trough this method compared to paypal.

Im not a fan of crypto currencies but i guess some are and netteller offers some nice options to pay with some of the more popular cryptos for a 2.5% - 3.0% fee.

We got some nice alternatives here and im all about having options to choose how to deposit money so im happy about that selection. Most of them come with additional deposit fees but we got them on paypal aswell and we can still wire transfer money directly to mindark to make sure to get the most peds for our bucks.

Im very glad and all thats left is for mindark to finalize their negotiations and start offering the new payment options. I really hope it wont take too long

BUT

While its cool to get more variety to deposit mindark is still leaking in withdraw alternatives. I truely hope that you guys at mindark wont stop here and give us some more options to withdraw while you at it! :poke:
 

Liu

Old Alpha
Joined
Oct 26, 2006
Posts
797
Location
Paris, France
Society
Alchemic Dream
Avatar Name
Killashandra Liu Ling
Bank transfer for box or keys purchase ?

I'm quite sceptical....it's a terrible news. Seriously.

It's time to implement new payments methods, what about alipay or WeChat pay ?
 

trance

Elite
Joined
Mar 31, 2006
Posts
4,283
Location
Old Switzerland
Society
Natural Born Killers
Avatar Name
hypnotica TRANCE blain
Paypal was my ONLY option to make a deposite. Sad news at all!
 

Optimator

Dominant
Joined
Jun 10, 2013
Posts
497
Location
Future Past
Society
Freelancer
Avatar Name
Dingus Optimator Khan
MA should use Bitpay if they don't want to hold Bitcoin.

P.S. Don't use Coinbase, they don't like Bitcoin transactions involved with gambling.
 

Pivo

Hatchling
Joined
Jul 25, 2019
Posts
4
Avatar Name
pivo pivoczpivo pivo
And what about Amex deposit option?
 

Bones

Elite
Joined
Sep 17, 2006
Posts
3,031
Location
In the Refrigerator, Behind the Mayonnaise, Next t
Society
Skillin Villains
Avatar Name
Bare BareBones Bones
Dont u guys have that ? I dont understand what the problem is really ?
I have both of these payment options , but they are paid through my Paypal account only. I purchase nothing online that doesn't go through Paypal.

I have had this discussion with others and have heard it here in this thread , that Paypal charges fees. They may indeed charge fees to some countries or for some services , but I have never had to pay any fees , it might be due to my location in the US.
 

WangXiang

Dominant
Joined
Mar 22, 2009
Posts
392
Location
Virtually Everywhere
Society
Guardians of Evolution
Avatar Name
Wangxiang WangXiang Tuxing
Dont add cryptocurrency, that will kill the game :mad:
This will not kill anything.
It would just be a payment option for the buyer (the player). The merchant (MA) wouldn't have to manage any cryptocurrency, it would instantly receive fiat money (USD, EUR, SEK...).
 

Orion

Alpha
Joined
Apr 19, 2005
Posts
671
Avatar Name
Eleria 'Orion' Starwind
mastercard/Visa
Dont u guys have that ? I dont understand what the problem is really ?
They are an US-american product.
Some ppl outside the US also use VISA or Mastercard, too.

But frankly, 96% of the world are not the US and dont use US products.
 

DavinFelth

Stalker
Joined
Aug 3, 2009
Posts
2,332
Location
Chapel Hill, NC
Society
Natural Born Killers
Avatar Name
Davin Trooper Felth
Dont u guys have that ? I dont understand what the problem is really ?
I do but it's less secure and banks have charged fees to make purchase in other countries.
Pay pay is more secure, easier to manage (separate my game funds from other funds)
plus - my wife will be able to see... lol

I guess you are right though, I used to use CC, I guess I forget why I preferred PayPal. I know I was charged fees and I was called by my bank multiple times based on suspected fraud.
 

Mega

Chaotic Good
Joined
Sep 30, 2006
Posts
15,782
Location
United Kingdom
Society
Kaos
Avatar Name
MegaVolt
They are an US-american product.
Some ppl outside the US also use VISA or Mastercard, too.

But frankly, 96% of the world are not the US and dont use US products.
I use both VISA and Mastercard and have for many years.

I have a Paypal account too but never used it for Entropia for the two reasons above. ;)
 

Finnigan

Guardian
Joined
Dec 23, 2006
Posts
283
Location
Belgium
Society
Kaos
Avatar Name
Danny Finnigan Fitzpatrick
So if I understand this correctly then ad payments via paypal to Facebook will be discontinued once it goes ahead with Libra ? A lot of customers to loose there for Paypal it seems to me ? On the other hand the failed attempt by MA to introduce it's own crypto might have gotten them into this ?
 

Finnigan

Guardian
Joined
Dec 23, 2006
Posts
283
Location
Belgium
Society
Kaos
Avatar Name
Danny Finnigan Fitzpatrick
They are an US-american product.
Some ppl outside the US also use VISA or Mastercard, too.

But frankly, 96% of the world are not the US and dont use US products.
Frankly .. Mastercar/visa are the worlds leading credit card companies and they are accepted ALL over the world ..
 

mastermesh

Mutated
Joined
Apr 21, 2007
Posts
15,205
Location
Billy Bar
Society
the Ministry
Avatar Name
Maria Mesh
Unfortunately, due to a change in Paypal's policies regarding e-currencies and virtual currencies, PayPal will no longer be offered as an option for deposits to or withdrawals from Entropia Universe.

MindArk is actively pursuing potential additional payment providers, which may also include cryptocurrency payment options. Some of the providers we are exploring include: Neteller, Skrill, Utrust, and TransferWise.

As an alternative to PayPal, MindArk recommends using the bank or wire transfer deposit option, which is the most cost-effective method to deposit funds into Entropia Universe.


Will the fee for withdrawals via bank that do not go through be reduced or removed??? That fee makes it extremely not cost effective, especially if the transfer doesn't go through in one try, and requires a second try, which may also fail, along with the fee associated with it.

https://account.entropiauniverse.com/support-faq/deposits-and-withdrawals/withdrawal-faq/

Do you charge any fees for a failed transfer?
If a transfer of a payment fails and the money is returned to MindArk, a bank charge equivalent to 700 PED (70 USD) or more will be drawn from your withdrawal amount.

Reasons for a failed transfer can be:

the name on the bank account does not match with the name on your Entropia Universe account
you have entered incorrect bank account information
your bank account cannot receive international payments
your bank account cannot receive payments in the currency you have selected
To avoid the transfer to fail, contact your bank and ask which information you need to give for an international transfer to your bank account.
Many banks in the US cannot take international transfers....

Paypal WAS the solution to this... So far no alternative to Paypal exists really that is equivalent to the paypal resolution.

Will Mindark start issuing personal checks that get sent in the mail or something similar? How about gift cards mailed to physical addresses? Lottery Ticket?
 
Last edited:

GxB

Guardian
Joined
Oct 3, 2019
Posts
212
afaik skrill and neteller are both basically the same as they are both owned by paysafecard
 

Biggestglobal

Guardian
Joined
Oct 12, 2007
Posts
213
Location
China, Wuhan
Society
Antipodean Army
Avatar Name
the biggest global
Bank transfer for box or keys purchase ?

what about alipay or WeChat pay ?
dont think they can do that since they are companies in china and the bank policies here forbids transactions with e- currencies like this.

well in fact i heared withdraw from eu is impossible here now since the bank will ask you to provide a full details of the transaction if you do a transfer with a froeign company, with the amount of USD 500 and above.If you cant make the bank (this side) believe the money has nothing to do with something like casino, gambling or etc, they will reject that deal immediately..in this case..withdraw money from eu.....you will know your chance..

anyway, thank you for saving me from depo, MA...:rolleyes:
 

Kevlie

Prowler
Joined
Aug 13, 2008
Posts
1,339
Location
Hadesheim - Junkyard Bar
Society
Dark Side
Avatar Name
Daniel Ninja Kevlie
I think there was multiple mentions about using Debit MasterCard or Visa and just deposit using online bank. What is the big issue here with such method ?:scratch2:
 

K_rupT

Prowler
Joined
Apr 2, 2008
Posts
1,071
Location
Eudoria
Avatar Name
KrupT KrupT RaveR
Only visa/mastercard as options on web shop for me. Nothing else available
 

unufain8

Dominant
Joined
Jun 24, 2012
Posts
465
Location
Somewhere between here and there.
Society
Dark Side
Avatar Name
-Saphire of Dark-

mastermesh

Mutated
Joined
Apr 21, 2007
Posts
15,205
Location
Billy Bar
Society
the Ministry
Avatar Name
Maria Mesh
You can withdraw. You just need a bank account.
you just need a bank account that can take international transfers, many of which do not... and you need to have a bank that has a smart enough people to give you the correct numbers that Mindark wants, many of which do not... IBAN numbers, etc. are not normal things in the US. Typically over here account number and routing number are all you need to do transfers, etc. Elsewhere is elsewhere. I suspect Mindark has shot itself in the foot with a much bigger wound than the flesh wound they think they got.

Also, just noticed that if you do choose to deposit with bank transfer the minimum deposit is now set to 100 USD...

with paypal you could deposit in much smaller increments.

Think it might be time for a lot of us to cash out for good?.. assuming we can figure out some Q@#@#%$!% way for Mindark to allow that?
 
Last edited:

livius

Alpha
Joined
Feb 17, 2011
Posts
667
Location
Germany
Society
Skyfall
Avatar Name
Livius Beyond Godlike
I think there was multiple mentions about using Debit MasterCard or Visa and just deposit using online bank. What is the big issue here with such method ?:scratch2:
Well some are not using his credit card maybe , some have only maestro , some likes PayPal cuz the fee is cheaper.
I did a direct transfer bank to bank 150 € to MA and my bank taxed me with 14 € that sucks tbh...
 

Darth Revan

Prowler
Joined
May 10, 2016
Posts
1,122
Location
Canada
Society
Love Craft Academy
Avatar Name
Darth Reven Reborn
I did a direct transfer bank to bank 150 € to MA and my bank taxed me with 14 € that sucks tbh...
Sounds like you should blame your bank for taxing you that much.
 

Divinity

Marauder
Joined
Jun 1, 2010
Posts
5,123
Location
India
Society
Freelancer
Avatar Name
Divinity Deth Undefined
Will the fee for withdrawals via bank that do not go through be reduced or removed??? That fee makes it extremely not cost effective, especially if the transfer doesn't go through in one try, and requires a second try, which may also fail, along with the fee associated with it.
That fee is the actual fee levied by the bank to the company and not something MA charges and is usually due to mistake in input made by the withdrawer. There is 0 sense in removing that fee as that would be an unnecessary drain for MA. The way to be cost effective is to not make mistake and give the proper details in the first place.

Only visa/mastercard as options on web shop for me. Nothing else available
That is exactly what this notification is about and that they are actively pursuing adding other methods. Whats your point?

you just need a bank account that can take international transfers, many of which do not... and you need to have a bank that has a smart enough people to give you the correct numbers that Mindark wants, many of which do not... IBAN numbers, etc. are not normal things in the US. Typically over here account number and routing number are all you need to do transfers, etc. Elsewhere is elsewhere. I suspect Mindark has shot itself in the foot with a much bigger wound than the flesh wound they think they got.

Also, just noticed that if you do choose to deposit with bank transfer the minimum deposit is now set to 100 USD...

with paypal you could deposit in much smaller increments.

Think it might be time for a lot of us to cash out for good?.. assuming we can figure out some Q@#@#%$!% way for Mindark to allow that?
You also need a home address/residence proof/money to begin with etc etc etc to actually get a bank account. To add to that if you do not have bank with smart enough people to give you the correct numbers then perhaps ask the bank you deal with to get some brains instead of wasting forum space here.

Bank deposits are 100+ because there is a $10-15 usd minimum cost for a wire transfer levied. Imagine depositing 50 usd and bank charging 15 usd for it. Lol. MA just making sure no one does something stupid and then blames MA for it. Even $100 is too low anyways. Hence why for small transfers credit/debit card works best until we have other options like neteller/transferwise available.

Well some are not using his credit card maybe , some have only maestro , some likes PayPal cuz the fee is cheaper.
I did a direct transfer bank to bank 150 € to MA and my bank taxed me with 14 € that sucks tbh...
That is because you did a small transaction. Had you done $1500 the cost would be aroun 20-25 usd max which is much less compared to what you pay via other merchants which generally charge 2-4%.

For now credit/debit card is the only option for small transactions and once the other merchants are onboard we will have more options.
 
Top