February 25, 2007 at 1:30 am
#728580
Inactive
The EcoCard works like a stored value card – so any money you “deposit” can only be used for purchases.
Quote:
3.5. EcoCard is a prepaid payment mechanism. Once the registration process is completed, an EcoCard Holder can supply the EcoCard with funds for further usage. Depositing to an EcoCard Account can be completed only by the respective EcoCard Holder without limitation. Funds can only be used to purchase products and/or services from authorized Merchants that accept EcoCard as a payment tool on their websites.
But the account also acts as a repository for transfers and cashouts from merchants.
Quote:
6.9. Withdrawals: You agree that only winnings paid out by the Merchants to your EcoCard can be withdrawn.
So … you can’t cash out your own deposits on an EcoCard … but you can withdraw payments made by other people to your EcoCard.
It sounds a bit weird .. and took me a while to accept … but seems OK once you get your head around it.
:tongue: