Firepay's New Fee: Let the Profiteering Begin

By: Tuscaloosa Johnny – October 04, 2006

I was among those doing quite a bit of cashing out of online poker accounts this week from sites ending business with us U.S. customers, such as Party Poker. I discovered a nasty surprise, however, when I went to cash those funds out of Firepay and saw a new $10 withdrawal fee for all cashouts.

This fee was apparently added just today. Could Firepay be taking advantage of the hundreds of thousansds or millions of U.S. customers rushing to funnel their money away from online poker sites? I'll let you read what you want into that, but I will share this nugget with you. I emailed customer service tonight and got this response:

Unfortunately this fee must be charged to defray the processing costs associated with withdrawal transactions.

Funny how those processing costs suddenly went through the roof, isn't it?

 

I ran into the same ugly surprise when I tried to cash out of Full Tilt today. Booooooooooo!

change100 – October 3, 2006 – 11:31pm

Firepay's fees have had a history of increasing without advance notice. That's one of the many reasons why I'm such a devoted Neteller customer.

Spaceman – October 4, 2006 – 2:40pm

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