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  1. #1
    Join Date
    Aug 2002
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    London, UK
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    9,037

    Another bit of news from paysystems...

    Dear myPaySystems Merchant,

    We are writing to inform you that www.paysystems-vs-pago.com has now been updated.

    The website now includes the complete text of the lawsuit filed against Pago eTransaction Services as well as the request form for the Funds Distribution Agreement. If you would like to participate in the Funds Distribution, you must submit your request before June 30th, 2005.

    We would like to remind you that your account CID and your MCC log-in are required to access the website.

    Sincerely,
    PaySystems Management
    Matt Wallis
    United Communications Limited
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  2. #2
    Join Date
    Jul 2003
    Location
    Castle Pines, CO
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    7,189

    Re: Another bit of news from paysystems...

    Originally posted by UH-Matt
    If you would like to participate in the Funds Distribution, you must submit your request before June 30th, 2005.
    Did I miss something? I thought everyone wanted their money from this company.

  3. #3
    Join Date
    Aug 2002
    Location
    London, UK
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    Hehe, we shouldnt have to submit a request... we are owed money.
    Matt Wallis
    United Communications Limited
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  4. #4
    Join Date
    Aug 2002
    Location
    London, UK
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    We cant even login to their lawsuit site. The password reset doesnt email us our password.

    Anyone care to email me some info from whatever they have in their?
    Matt Wallis
    United Communications Limited
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  5. #5
    Join Date
    Jul 2003
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    Castle Pines, CO
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    They should have at least worded the letter a bit differently. I am sure those attorneys are getting paid big bucks right now.

    Hm, maybe they forgot to also say it would be tomorrow?

  6. #6
    So now payments are put off till the end of June?

  7. #7
    Originally posted by UH-Matt
    we shouldnt have to submit a request... we are owed money.
    My thoughts exactly (I received the same letter). I personally think this letter is yet another thinly veiled delay-tactic by Paysystems. And yet another attempt to lay the blame completely on Pago.

    They're probably expecting maybe 1% of the people that are owed money to go through all these steps. I wouldn't be surprised to see yet another mass-mailing on July 1st to the people who go through this step to do yet another thing.

  8. #8
    Join Date
    Aug 2003
    Posts
    36

    PaySystems Notice: Lawsuit versus Pago eTransaction Services Filed

    Has anyone received an email from PaySystems titled, 'PaySystems Notice: Lawsuit versus Pago eTransaction Services Filed'? What's that about?

  9. #9
    Join Date
    Nov 2002
    Location
    WebHostingTalk
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    8,878
    I would hope they would have explained it in the e-mail....

    Sirius
    I support the Human Rights Campaign!
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  10. #10
    Join Date
    Aug 2003
    Posts
    36
    The email ask you to login using your PS login detail at a site which is not paysystems to obtain more information. So I am thinking whether this is a scam?

  11. #11
    Join Date
    Dec 2002
    Location
    Quad Cities, Iowa
    Posts
    1,597
    Well I think your doubt answers the question. Try going to the non-paysystems site and enter a random username and password. If it is a scam, more then likely it will accept whatever username and password you give it.

    Even if it's not a scam, I would never enter my username and login for any company at a non-company site.
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  12. #12
    Join Date
    Nov 2002
    Location
    WebHostingTalk
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    8,878
    Originally posted by navmonkey
    The email ask you to login using your PS login detail at a site which is not paysystems to obtain more information. So I am thinking whether this is a scam?
    Common sense has to kick in here at some point.... do you respond to the eBay ones asking you to enter in your username and password?

    Sirius
    I support the Human Rights Campaign!
    Moving to the Tampa, Florida area? Check out life in the suburbs in Trinity, Florida.

  13. #13
    Join Date
    Aug 2003
    Posts
    36
    So back to my original question. Have anyone also else received the email title above from 'Paysystems'?

  14. #14
    Join Date
    Oct 2000
    Location
    Toronto
    Posts
    1,103
    I have not received any emails from them. (I'm a former customer of their's)

  15. #15
    Join Date
    Dec 2001
    Location
    Above The Clouds
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    6,999
    Yes, and it's not a scam. You think someone wants to access your PS account and steal the cash that PS already stole?
    Laurence Flynn @ atOmicVPS LTD
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  16. #16
    Join Date
    Aug 2003
    Posts
    36
    Originally posted by NexDog
    Yes, and it's not a scam. You think someone wants to access your PS account and steal the cash that PS already stole?
    I know PS had stolen my cash, and I just don't what any third parties to steal my PS login.

    Thanks for the reply.

    Suprise they have the money to pay the lawers but not the money that they have owned us.

  17. #17
    Join Date
    Jul 2003
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    Castle Pines, CO
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    7,189

  18. #18
    Join Date
    Nov 2001
    Location
    Lima, Peru
    Posts
    84
    I also received that message yesterday and suspected it could be scam, however they dind't explain much in the message.

    By the way, anybody knows if there will be some future release of the hold funds? I just noticed these guys owe me some money

    Regards!

  19. #19
    Join Date
    Nov 2001
    Location
    Lima, Peru
    Posts
    84
    Hi, any idea if going through this process would allow us to get some of our money back?

    These guys owe me my hold reserve, I just noticed that yesterday, it's just around US$ 100, should I bother trying getting those funds?

  20. #20
    Join Date
    Jun 2002
    Location
    Texas
    Posts
    7,953
    Moved to the E-Commerce Forum.

  21. #21
    Join Date
    Feb 2003
    Location
    Taiwan
    Posts
    1,267
    We go the email also but we haven't been able to login since they setup that site.
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  22. #22
    Join Date
    Nov 2000
    Location
    localhost
    Posts
    3,510
    So say, if Paystems win will they sill deduct the chargeback penalties (on top of the already paid chargeback fee and reimbursements) dating back many years? (that they imposed only after realising the mess they were in, does anyone honestly believe they were in place prior to this? I think not)
    MattF - Since the start..

  23. #23
    Join Date
    Aug 2002
    Location
    London, UK
    Posts
    9,037
    We've signed up and sent back the FDA document to paysystems.

    We got about $13k back from them many months ago and now its just our holdback of ~$6k that they still have.

    We had given up on the holdback, and we'rent going to persue legal action so if paysystems are willing to try and get some money for us, ill let them have a go.
    Matt Wallis
    United Communications Limited
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  24. #24
    So you still trust PS after everything thas has happened ?
    I actually do not want back 200% of our funds from Pago as PS promises *after* this lawsuit.
    I just want our 100% back from PS and I couldn't care less about their relationship with Pago.
    This all looks very shady, several SSL certs have expired on the PS site, support isn't responding, not to mention that Philip hasn't called back, as he bluntly promised, lol.

  25. #25
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    Aug 2002
    Location
    London, UK
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    But they are spending money posting out letters to us and creating a lawsuit.

    If they really didnt want to reclaim and re-distribute funds they wouldnt have gone to all this trouble...

    As I said before, we already wrote off what was left as owed, so if PS want to try and get some money we dont mind. Anything else we can get out of them is all a bonus in my eyes now.
    Matt Wallis
    United Communications Limited
    High Performance Shared & Reseller | Managed VPS Cloud | Managed Dedicated
    UK www.unitedhosting.co.uk | US www.unitedhosting.com | Since 1998.

  26. #26
    Originally posted by UH-Matt
    But they are spending money posting out letters to us and creating a lawsuit.
    If they really didnt want to reclaim and re-distribute funds they wouldnt have gone to all this trouble...
    They are (unfortunately) still in business and care about their reputation. Although I can't believe somebody would still signup at PS after everything that has happened. They don't even renew their cert for the signup: https://eforms.paysystems.com/

    As I said before, we already wrote off what was left as owed,
    I guess Philip likes customers like that They deducted way too many funds already with that "massive refunding fee".
    No webhost should "write off what is left" unless he swims in money - and even then, he'd need a refill.

    so if PS want to try and get some money we dont mind. Anything else we can get out of them is all a bonus in my eyes now.
    PS is supposed to pay us the money, no matter what the outcome of a nebulous lawsuit is and whether we sign that paper or not.

    Period.

  27. #27
    Join Date
    Aug 2002
    Location
    London, UK
    Posts
    9,037
    es, PS is supposed to pay you the money... but reality is they WONT unless they wil their lawsuit. They wont be able to afford to pay you the money.

    Period.
    Matt Wallis
    United Communications Limited
    High Performance Shared & Reseller | Managed VPS Cloud | Managed Dedicated
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  28. #28
    Join Date
    Sep 2002
    Location
    Tampa, FL USA
    Posts
    35
    I tried to log into the paysystems-vs-pago.com website to see what it was all about and my login information doesn't work (Sorry, your CID account does not exist.). I put my CID into the password reminder and it gave me the same message that my account didn't exist.

    However, I can still login into my mcc.paysystems.com account (which says that its status is closed).

    Anyone else running into this?

  29. #29
    Join Date
    Aug 2004
    Posts
    76
    Originally posted by UH-Matt
    We've signed up and sent back the FDA document to paysystems.

    Hi Matt,

    I am curious about what the document said. I made the assumption that it was just a ploy to get us to sign away our rights.

    For example, they want us to agree that they are not liable, or that we would agree to only accept the settlement with pago (which would be unlikely to be the full amount) and not to pursue PS for the remainder.

    It seemed fairly obvious to me that this is what they were doing, particularly since they haven't published the document and none of us can even see the terms without contacting them.

    Could you please post the content?

    Thanks,

    James

  30. #30
    Join Date
    Aug 2002
    Location
    London, UK
    Posts
    9,037
    You can request the document and read it, you dont have to sign it if you dont like it.

    Actually the document is short and fair, and within it paysystems says in words that THEY owe us the remainder of our funds, and that the lawsuit is for them to recover funds to pay us back, nowhere does it mention that paygo are the people who owe us, I found the document to be extremely fair.
    Matt Wallis
    United Communications Limited
    High Performance Shared & Reseller | Managed VPS Cloud | Managed Dedicated
    UK www.unitedhosting.co.uk | US www.unitedhosting.com | Since 1998.

  31. #31
    Originally posted by UH-Matt
    You can request the document and read it, you dont have to sign it if you dont like it.

    Actually the document is short and fair, and within it paysystems says in words that THEY owe us the remainder of our funds, and that the lawsuit is for them to recover funds to pay us back, nowhere does it mention that paygo are the people who owe us, I found the document to be extremely fair.
    Agreed. I found it fair, too. We signed it and sent it in... be interesting to see what happens.
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  32. #32
    Join Date
    Feb 2003
    Location
    Taiwan
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    Where do I get the document?
    Toeki Enterprises Co. (Accredited .WS & CentralNIC Registrar)
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  33. #33
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    Aug 2002
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    London, UK
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    From the lawsuit site.
    Matt Wallis
    United Communications Limited
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  34. #34
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    Feb 2003
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    Taiwan
    Posts
    1,267
    any emails still work at paysystems?
    I have tried almost all emails I know but all gets returned saying "Mail cannot be delivered, error in processing" etc..
    Toeki Enterprises Co. (Accredited .WS & CentralNIC Registrar)
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    █Domain Registration http://www.toeki.net / http://www.dots.ws

  35. #35
    Join Date
    Aug 2002
    Location
    London, UK
    Posts
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    You need to write to them at their legal address.
    Matt Wallis
    United Communications Limited
    High Performance Shared & Reseller | Managed VPS Cloud | Managed Dedicated
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  36. #36
    Join Date
    Feb 2003
    Location
    Taiwan
    Posts
    1,267
    and what is their legal address?
    Toeki Enterprises Co. (Accredited .WS & CentralNIC Registrar)
    We accept PayPal, MoneyBookers, Credit Card, Bank Transfers and Western Union. [AWBS Reseller]
    █Domain Registration http://www.toeki.net / http://www.dots.ws

  37. #37
    Join Date
    Aug 2002
    Location
    London, UK
    Posts
    9,037
    Login to the lawsuit website and find out.
    Matt Wallis
    United Communications Limited
    High Performance Shared & Reseller | Managed VPS Cloud | Managed Dedicated
    UK www.unitedhosting.co.uk | US www.unitedhosting.com | Since 1998.

  38. #38
    Join Date
    Feb 2003
    Location
    Taiwan
    Posts
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    My post on page 2
    We got the email also but we haven't been able to login since they setup that site.
    Can't login so can't find out.
    Toeki Enterprises Co. (Accredited .WS & CentralNIC Registrar)
    We accept PayPal, MoneyBookers, Credit Card, Bank Transfers and Western Union. [AWBS Reseller]
    █Domain Registration http://www.toeki.net / http://www.dots.ws

  39. #39
    Originally posted by Toeki
    My post on page 2
    Can't login so can't find out.
    Then follow the directions on the website to get your login reset.
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  40. #40
    Join Date
    Feb 2003
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    Taiwan
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    I have follows and tried it and it doens't work.

    when I try to login with my old login info I get a CID doesn't exits.
    Toeki Enterprises Co. (Accredited .WS & CentralNIC Registrar)
    We accept PayPal, MoneyBookers, Credit Card, Bank Transfers and Western Union. [AWBS Reseller]
    █Domain Registration http://www.toeki.net / http://www.dots.ws

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