12DailyPro Closes EMO Payment Option
Stormpay has recently forced 12DailyPro into cancelling its EMO payment option for members. 12DailyPro will now only use one payment processor, Stormpay, for all its deposits and withdrawls.
Read the official annoucement below:
There has been a very disturbing development regarding our payment processors that we need to share with all of you.
As you know, we recently removed E-Gold as a payment processor and added EMO, as we wanted to provide our members with reliable payment processing options, that would allow you to make a choice as to which processor bests suits your needs. We developed a relationship with EMO who has been extremely helpful in making the transition as smooth as possible for our members and staff. We have nothing but praise for their security, their fee structure, and their professionalism.
We were actually very surprised at the large number of members who choice EMO as their new option. In fact the number of members who choice to have their compounded upgrades paid to EMO was exponentially more than we had thought it would be. Thus we ended up with a considerable surplus of Stormpay funds, money intended to pay the compounded upgrades. As soon as we realized this, begun to withdraw sufficient funds from Stormpay to our bank account so that we could properly meet our obligations to all Egold/EMO and Compounded/EMO members. We were due withdrawals in our bank account last Thursday that would have allowed us to complete all of these payments according to our 7 day terms. The money did not clear our banks on Thursday. It did not clear on Friday. At this point were forced to extended the payment of compounded EMO upgrades to 10 business days. However, anticipating the funds would surely clear on Monday, we maintained our Dec. 31 deadline for the payment of all E-Gold/EMO withdrawals.







