Get exclusive CAP network offers from top brands

View CAP Offers

Reply To: PrePaid ATM Charge backs

[bsa_pro_ad_space id=2]
#658937
Anonymous
Inactive

I have had a bit of prepaidatm chargebacks. ( these are not player chargebacks )

From my understanding prepaidatm has kept the casinos reserves and any funds in there accounts for the ones that dropped prepaidatm, which is quite a few casinos. The reserves from what I have heard is a bit, but the prepaid atm wont let them withdraw non reserve funds. I believe the larger groups got hit hard, such as referback & fortune. The hit from prepaid atm is still going on, not just when it they dropped them. As the casinos are still trying to recover these funds.

one casino group ( smaller one ) had about $60k tied up with them. Larger groups had a lot more tied up.

I actually had a call from one of the head people at prepaid atm when a casino tried to pay me through prepaid atm, telling me that the casino had money in there account, but since they discontinued using prepaid atm he was not going to release the money and they were going to keep there funds, so they would not let me have the payment I received. He said by the casino dropping Prepaid atm they violated a contract. The whole story behind prepaidatm just makes a person sick.

So when prepaid atm sends emails promoting the casinos still using prepaid atm to all there members, it leaves a bad taste in my mouth. I actually wrote them back last time and told them I did not agree when I signed up with prepaidatm to receive promotional emails and didnt like it.