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casper
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Does anyone know anything about this.I cant seem to find much but,bad..is this a scam? It has 98m in valume.last .0002
Posts: 198 | From: Lakeland,Florida | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
dbrownRC
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you might need a "valume" to feel safe in this one...about 2 months ago they promised to have their service up and running...still yet to see much progress...biggest red flag is that there should be a bank to support an operation such as this...no sign of one as of yet or to come...be careful...

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Eat, Drink, and Be Merry

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casper
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Thanks db
Posts: 198 | From: Lakeland,Florida | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
casviper
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I wasn't aware that PAYPAL had a bank affiliated with it.
Posts: 806 | From: CT | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
dbrownRC
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someone has to insure the millions of dollars that are moved from account to account daily...

http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/fdic-outside#

Check out the bottom of the page where it gives you a link of where your money is held with Paypal...includes Bank of America, Comerica Bank, and Wells Fargo Bank

this link is a better representation of what I was getting at in my previous post Cas...should have given link before

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Repoman75
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Look up Mario Pino... it's a scam!

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Stick with Repo's plan in '07 - FRPT/DKAM!

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casviper
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PayChest Upgrading Its Global Payment System

MEXICO CITY, Apr 28, 2006 (MARKET WIRE via COMTEX) -- PayChest, Inc. (OTC: PYCT) today announced that programming for the upgrading of the company's Internet Payment System is on schedule and is now 80% complete.
Negotiations are still ongoing with a number of new potential gateway partners, which will enable PayChest members to fund their transfers and online purchases using credit cards.

The company also plans to launch its own PayChest ATM card which can be funded from a PayChest member's account online.

This will enable PayChest members to withdraw funds from any of the one million ATMs in 160 countries around the globe.

PayChest Inc. continues to eye the payment gateway markets not being serviced by PayPal around the world including the Philippines.

According to some reports, the government of the Philippines said its economy grew at the fastest pace in more than eight years because workers overseas sent home more money than ever -- $10.8 billion.

PayChest is uniquely positioned to capture this market segment along with the raging Asian markets like China and the emerging Central and South American economies.

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casper
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PayChest Upgrading Its Global Payment System
Friday April 28, 11:32 am ET


MEXICO CITY--(MARKET WIRE)--Apr 28, 2006 -- PayChest, Inc. (Other OTC:PYCT.PK - News) today announced that programming for the upgrading of the company's Internet Payment System is on schedule and is now 80% complete.
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Negotiations are still ongoing with a number of new potential gateway partners, which will enable PayChest members to fund their transfers and online purchases using credit cards.

The company also plans to launch its own PayChest ATM card which can be funded from a PayChest member's account online.

This will enable PayChest members to withdraw funds from any of the one million ATMs in 160 countries around the globe.

PayChest Inc. continues to eye the payment gateway markets not being serviced by PayPal around the world including the Philippines.

According to some reports, the government of the Philippines said its economy grew at the fastest pace in more than eight years because workers overseas sent home more money than ever -- $10.8 billion.

PayChest is uniquely positioned to capture this market segment along with the raging Asian markets like China and the emerging Central and South American economies.

About PayChest, Inc.

Founded in 2005, PayChest has developed a proprietary and secure back end payment processing system that can easily be accessed and utilized by anyone with web access and an e-mail address in any country around the world. PayChest has developed a processing system that leverages the existing financial infrastructure of the global banking community and/or credit card companies to enable consumers and business owners located in every corner of the world to securely send, receive and/or process payments with others via the company's Web site. The company's payment processing system operates in real time and incorporates a user interface that is designed to be convenient for any user and does not require any technical know-how to send and receive payments. For more information please contact Alejandro Cerda CEO, +(5255) 5673.2364, Gavillero 32, Residencial Villa Coapa, 14390, Mexico D.F., Mexico, www.paychest.com.

This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.

Posts: 198 | From: Lakeland,Florida | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
   

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