Thread: The MONOPOLY EMPIRE of Stormpay..

Why are so many 12dp ers in stormpay? Their fees have long been outrageous. Then why are so many with them? It is obvious, at least to me the level of disatisfaction with SP in the large numbers who chose EMO. EMO seems to me a superior and more ethical choice than SP, which is why management of 12dp chose it. This extortion by SP can only backfire on them. I hope others do, as I will, and that is to never deal with SP, even at the loss of no more 12dp. I believe that 12dp management quietly believe so too. All 12dp ers will get paid but will slowly wind down as the new programs take over. May God speed.

Originally Posted by jbueno

I am really outraged by the monopoly that Stormpay has created in the payment industry....Obviously they're creating a huge empire controlling, manipulating, and just plainly ripping off people...The last event with 12DailyPro, proves the real nature and characteristic of Stormpay....I have never heard anything more, plainly unfair, disloyal, and manipulative that the politics of Stormpay...They are just prohibiting programs from using other payment processors...With the threat that they will stop releasing funds to those programs...I think that such monopoly is against the free enterprise, competitve nature of a fair, free market. The next "victim" of the "money sharks (Stormpay) could be Alien Trust or any other processor that "defies" their outrageous, unfair and just plain ridicously overpriced fees. This HAS TO STOP! We can not allow their unilateral measures. They are basically in a position where they can charge whatever they want and we have to take it, because the programs already have a huge amount of members in their payment processor; this is certainly very disloyal (not taking into account all the money generated for them in the form of fees)...

Why not drop Stormpay? I am for dropping and not participate in any program that requires Stormpay or e-gold. (Quote)

It is obvious that they don't tolerate fair competiton... They just want the whole pie instead of their fair share...

Originally Posted by Webster

You are so right but left out one word BLACKMAIL. It is disgusting. All 75% of 12daily members should boycot SP. I am sticking with EMO. I rather leave 12daily than sign up with SP. I'll join the new program instead. It is time Charis puts e-gold back as a 2nd processor.

I fully agree with you, Webster, rather quit than sign up with SP.
I would not feel my monet safe with SP now anyway.
I assume that after this is being dealt with, accounts in SP might be frozen untill things are cleared up.

Looking fwd to the new site that is EMO-friendly.
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Originally Posted by jbueno

Also, the game that they have with their NetIBA certification (we all know that NetIBA is owned by StormPay)

Stormpay and NETIBA -- same owners???? is this why it's taking so long to receive my verification letter, and therefore I have to continue paying the Stormpay high fees????

Surely a conflict of interest!!!!!! - DISCUSS!!!