Welcome to the Second Life Forums Archive

These forums are CLOSED. Please visit the new forums HERE

LL strikes E-payment deal with Dragonfish

Joshooah Lovenkraft
Just Joshin'
Join date: 28 Dec 2007
Posts: 1,376
11-17-2009 09:01
http://www.finextra.com/fullpr.asp?id=31038

"Dragonfish, 888's independent B2B division, announces an agreement with the world's leading virtual world technology company, Linden Lab to provide e-Payments, fraud and customer support management services. The services will be delivered via Dragonfish's cutting edge back office functionality and advanced cashier interface."

"Dragonfish has a strong track record in unlocking new markets through its unique and secure payment processing solutions, and as Second Life continues to grow internationally, we're pleased to work with them to provide easy and secure payment options for our users outside the United States.""

Hmm any thoughts about this?
_____________________


Hello Avatard - Your Emporium of Fun Stuff
In-world: http://slurl.com/secondlife/Fordham/178/19/63
Xstreet: https://www.xstreetsl.com/modules.php?name=Marketplace&MerchantID=103499
Lindal Kidd
Dances With Noobs
Join date: 26 Jun 2007
Posts: 8,371
11-17-2009 09:05
It sounds like more LL "bizspeak babble" to me.

Trying to winkle a little meaning out of an LL statement is difficult and chancy, but it appears that LL has found someone who might have tools that will allow some non-US residents who don't have credit cards or PayPal accounts to get money into and out of SL.

Long overdue.
_____________________
It's still My World and My Imagination! So there.
Lindal Kidd
Pserendipity Daniels
Assume sarcasm as default
Join date: 21 Dec 2006
Posts: 8,839
11-17-2009 09:08
Is that 888 the online casino and poker rooms organisation?

Pep (No gambling in SL though.)
_____________________
Hypocrite lecteur, — mon semblable, — mon frère!
Joshooah Lovenkraft
Just Joshin'
Join date: 28 Dec 2007
Posts: 1,376
11-17-2009 09:09
http://www.dragonfishtech.com/

Looks like the company has experience in the casino and gambling markets. I still wish LL would work out some arrangement to make the purchase of Lindens available through the purchase of gift cards at brick and mortar establishments.
_____________________


Hello Avatard - Your Emporium of Fun Stuff
In-world: http://slurl.com/secondlife/Fordham/178/19/63
Xstreet: https://www.xstreetsl.com/modules.php?name=Marketplace&MerchantID=103499
Joshooah Lovenkraft
Just Joshin'
Join date: 28 Dec 2007
Posts: 1,376
11-17-2009 09:09
From: Pserendipity Daniels
Is that 888 the online casino and poker rooms organisation?

Pep (No gambling in SL though.)


It is indeed! http://www.dragonfishtech.com/
_____________________


Hello Avatard - Your Emporium of Fun Stuff
In-world: http://slurl.com/secondlife/Fordham/178/19/63
Xstreet: https://www.xstreetsl.com/modules.php?name=Marketplace&MerchantID=103499
Pserendipity Daniels
Assume sarcasm as default
Join date: 21 Dec 2006
Posts: 8,839
11-17-2009 09:12
Did somebody say something about money laundering?

Pep (I thought I'd read that the directors of 888 were subject to arrest if they set foot on USA soil?)
_____________________
Hypocrite lecteur, — mon semblable, — mon frère!
Joshooah Lovenkraft
Just Joshin'
Join date: 28 Dec 2007
Posts: 1,376
11-17-2009 09:25
From: Pserendipity Daniels
Did somebody say something about money laundering?

Pep (I thought I'd read that the directors of 888 were subject to arrest if they set foot on USA soil?)


Neteller founders were arrested, although it seems 888 and other companies left US markets due to changes in US online gambling laws. All that gambling stuff was before my time.

http://www.lse.co.uk/ShareNews.asp?shareprice=888&ArticleCode=hsur7sdsoeuytbb&ArticleHeadline=Neteller_to_cut_250_jobs_as_part_of_US_withdrawal_UPDATE
"Neteller, whose main customers are online gambling companies, pulled out of the American market last month after two of its founders were arrested in the US as part of a legislative crackdown on the internet betting industry.

The US authorities have since last summer been detaining businessmen connected with overseas companies that take online bets from US residents, in defiance of US law. Several UK-listed online gambling firms, including 888 PLC, PartyGaming and Sportingbet, have responded by closing their US-facing operations."
_____________________


Hello Avatard - Your Emporium of Fun Stuff
In-world: http://slurl.com/secondlife/Fordham/178/19/63
Xstreet: https://www.xstreetsl.com/modules.php?name=Marketplace&MerchantID=103499
Pserendipity Daniels
Assume sarcasm as default
Join date: 21 Dec 2006
Posts: 8,839
11-17-2009 09:28
So we'll be hearing protestations about Chinese Walls real soon now, then.

Pep (Or should that be Gibraltarian Walls?)
_____________________
Hypocrite lecteur, — mon semblable, — mon frère!
Ceera Murakami
Texture Artist / Builder
Join date: 9 Sep 2005
Posts: 7,750
11-17-2009 09:46
My first thought was "Can they possibly be worse than the crew in the UK that LL has processing credit card and PayPal transactions now?".

Then I tried checking on Dragonfish.

Yep. This could be a LOT worse. Chalk up another one for LL taking the worst possible course of action...

Let's start with the fact that the company's website was access denied by my employer's firewalls, filtered out for "Gambling". I had to drop off the Corp network to access their site at all. I wonder how many credit card companies and banks will refuse to do business with a company that primarily seems to exist to process the cash streams for on-line gambling orginazations? I'd rather not find out.

Of course, maybe this is just an indication that M Linden is planning on moving the entire operation of SL out of US jurisdiction, so he can bring back gambling in SL? Let's hope not.
_____________________
Sorry, LL won't let me tell you where I sell my textures and where I offer my services as a sim builder. Ask me in-world.
Vanessa Sakai
Registered User
Join date: 21 Oct 2006
Posts: 103
11-17-2009 12:32
M said that it will be for residents outside of the U.S. so US residents probelby won't be affected.
Ciera Spyker
Queen of SL
Join date: 25 Mar 2008
Posts: 424
11-17-2009 13:13
From: Ceera Murakami
Of course, maybe this is just an indication that M Linden is planning on moving the entire operation of SL out of US jurisdiction, so he can bring back gambling in SL? Let's hope not.[/QUOTE


Lets hope so.

I would relish the fact a company I have ties with now will control some of your credit cards. I'm ecstatic. Doug said there where big things afoot but I had no idea it was for a item that was so close to home for me here.
(I never knew the bald man I met for the first time once at Metro Pictures would control an empire someday. I knew he was a real gangster from the Uk, but to pull this off is just brill.)

SL gambling would inject a massive burst of cash, energy and more importantly, new LAND sales. I don't know what is up M's sleeve, but I totally, for many many reasons, wish gambling to return (I myself don't gamble but you go where the money is)

Think of the jobs the up to date casinos could generate ? Think of that cash spreading back out into the community again and making merchants registers ring as customers again can buy the finer things rather than just doing hunts or gathering freebies. (There a novelty in hunts but face it, it doesn't replace a well made LL transaction. )

Im sure again I'll be flamed.
But I really wish for casinos to come back.
Meade Paravane
Hedgehog
Join date: 21 Nov 2006
Posts: 4,845
11-17-2009 13:19
From: Joshooah Lovenkraft

/me hits up the URL from here at work and is told that that website is blocked by my company.

From: someone
Reason:
The Websense category "Malicious Web Sites" is filtered.

Nice.
_____________________
Tired of shouting clubs and lucky chairs? Vote for llParcelSay!!!
- Go here: http://jira.secondlife.com/browse/SVC-1224
- If you see "if you were logged in.." on the left, click it and log in
- Click the "Vote for it" link on the left
Lindal Kidd
Dances With Noobs
Join date: 26 Jun 2007
Posts: 8,371
11-17-2009 13:21
I wouldn't object to casinos returning to SL. Anyone who plays them is a fool, of course. Gambling in SL is so easily rigged, and (at least in its previous incarnation) totally unregulated. But it would be a nice addition to the economy.

However, to do so would mean that SL would lose nearly half its customer base...i.e., all the USA residents, for whom access to SL would suddenly become illegal. US credit card companies and PayPal would cease doing business with LL.

I don't really think that even M. Linden is THAT dumb.

But he's plenty dumb, even so. LL picked a company that had a pretty shady rep for data mining to run their Age Verification program. Now they've picked an even shadier firm to handle their overseas payment process.
_____________________
It's still My World and My Imagination! So there.
Lindal Kidd
Rhonda Huntress
Kitteh Herder
Join date: 21 Dec 2008
Posts: 1,823
11-17-2009 13:36
If Paypal ever takes a serious look at Xstreet and the items sold through it, they may well drop all transactions with LL. Paypal has rules against buying porn or sexual paraphernalia. Even if you are not buying the items with RW currency, you are buying L$ that are then used to buy the item. You could then re-sale many of these things and convert the L$ back to RW currency again through Paypal. This is like buying tokens and then using those to gamble with; at the end of the day, just convert your tokens back to cash.

But that is my theory. LL can sell more porn through Xstreet if they have another way to channel the money.
DanielRavenNest Noe
Registered User
Join date: 26 Oct 2006
Posts: 1,076
11-17-2009 13:58
From: Rhonda Huntress
If Paypal ever takes a serious look at Xstreet and the items sold through it, they may well drop all transactions with LL. Paypal has rules against buying porn or sexual paraphernalia.


They do?

http://shop.ebay.com/?_from=R40&_trksid=m38&_nkw=cuffs+restraints&_sacat=See-All-Categories
Rhonda Huntress
Kitteh Herder
Join date: 21 Dec 2008
Posts: 1,823
11-17-2009 14:15
From: DanielRavenNest Noe
They do?

Yes
From: someone

Prohibited Activities
You may not use the PayPal service for activities that:

1. violate any law, statute, ordinance or regulation

2. relate to sales of (a) narcotics, steroids, certain controlled substances or other products that present a risk to consumer safety, (b) drug paraphernalia, (c) items that encourage, promote, facilitate or instruct others to engage in illegal activity, (d) items that promote hate, violence, racial intolerance, or the financial exploitation of a crime, (e) items that are considered obscene, (f) items that infringe or violate any copyright, trademark, right of publicity or privacy or any other proprietary right under the laws of any jurisdiction, (g) certain sexually oriented materials or services, or (h) certain firearms, firearm parts or accessories, ammunition, weapons or knives

3. relate to transactions that (a) show the personal information of third parties in violation of applicable law, (b) support pyramid or ponzi schemes, matrix programs, other “get rich quick” schemes or certain multi-level marketing programs, (c) are associated with purchases of real property, annuities or lottery contracts, lay-away systems, off-shore banking or transactions to finance or refinance debts funded by a credit card, (d) are for the sale of certain items before the seller has control or possession of the item, (e) are by payment processors to collect payments on behalf of merchants, (f), are associated with the following Money Service Business activities: the sale of traveler’s checks or money orders, currency exchanges or check cashing,or (g) provide certain credit repair or debt settlement services

4. violate applicable laws or industry regulations regarding the sale of (a) tobacco products, or (b) prescription drugs and devices
involve gambling, gaming and/or any other activity with an entry fee and a prize, including, but not limited to casino games, sports betting, horse or greyhound racing, lottery tickets, other ventures that facilitate gambling, games of skill (whether or not it is legally defined as a lottery) and sweepstakes unless the operator has obtained prior approval from PayPal and the operator and customers are located exclusively in jurisdictions where such activities are permitted by law.

Note 2 e and g
Pserendipity Daniels
Assume sarcasm as default
Join date: 21 Dec 2006
Posts: 8,839
11-17-2009 14:20
From: Rhonda Huntress
Yes

Note 2 e and g
Meaningless.

Pep (You got to 4. Have you learned how to count up to 13 yet?)
_____________________
Hypocrite lecteur, — mon semblable, — mon frère!
Anya Ristow
Vengeance Studio
Join date: 21 Sep 2006
Posts: 1,243
11-17-2009 14:49
From: Lindal Kidd
I wouldn't object to casinos returning to SL.


Casinos have returned already. Been back for a long time. The "ban" lasted only long enough for people to realize they were supposed to be buying Zyngo machines. That is, the "ban" was just a way of rewarding one person all the gambling machine sales.
_____________________
The Vengeance Studio Gadget Store is closed!

Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
11-17-2009 15:03
From: Rhonda Huntress
Yes

Note 2 e and g


Note them carefully, they're deliberately vague.
Ciera Spyker
Queen of SL
Join date: 25 Mar 2008
Posts: 424
11-17-2009 15:51
From: Anya Ristow
Casinos have returned already. Been back for a long time. The "ban" lasted only long enough for people to realize they were supposed to be buying Zyngo machines. That is, the "ban" was just a way of rewarding one person all the gambling machine sales.



No no. you'll know a real SL casino if I build one again. I await the day flash an glitz returns in earnest. the ones out there now ive rooted out are pathetic examples of casinos and dont deserve the name.
Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
11-17-2009 17:16
Ah this is more interesting than I first realised, this is only for users outside the United States, that's an interesting angle.
Vanessa Sakai
Registered User
Join date: 21 Oct 2006
Posts: 103
11-17-2009 18:11
M and most lindens are still US citizens, I don't think they would want to move permanently to another country to stay out of jail. The US government does put people in jail for online gambling. I really hope LL is getting good legal advice. In the past the US has prosicuted companys and there excutives even though they were located in other countries.
Qie Niangao
Coin-operated
Join date: 24 May 2006
Posts: 7,138
11-18-2009 02:37
From: Anya Ristow
Casinos have returned already. Been back for a long time. The "ban" lasted only long enough for people to realize they were supposed to be buying Zyngo machines. That is, the "ban" was just a way of rewarding one person all the gambling machine sales.
QFT. That one person has the most to lose if old-school gambling comes back.

Regarding "flash an glitz": things often are as they are for a reason. I used to build casinos on hire to one of the big equipment makers, back in my shady history before the ban. They studied *everything* about what generated gambling revenue. I think you'll find that if those big guys get back into the business, there will be a lot less glitz this time around, now that Traffic doesn't matter so much.
_____________________
Archived for Your Protection
Pserendipity Daniels
Assume sarcasm as default
Join date: 21 Dec 2006
Posts: 8,839
11-18-2009 03:04
From: Qie Niangao
QFT. That one person has the most to lose if old-school gambling comes back.
I don't think there is any chance of that. The reason gambling is disliked by government is not much to do with morality and everything to do with money laundering; historically it has been a great way to obfuscate the lines of travel of ill gotten gains into legitimised hands. In the US it's not just the RICO legislation (if it hasn't been superseded?) that bites now, but the effectively unlimited powers of the DOHS to strangle terrorist funding.

Pep (which is why LL jump on any dodgy looking transactions - and *all* gambling transactions look dodgy.)
_____________________
Hypocrite lecteur, — mon semblable, — mon frère!
Blot Brickworks
The end of days
Join date: 28 Oct 2006
Posts: 1,076
11-18-2009 03:18
Shame,I still miss my little basement casino.

_____________________


Blots Plot @ THE OLD MERMAID INN
http://slurl.com/secondlife/Dunbeath
/206/85/26

http://phillplasma.com/2009/05/01/blots-plot-the-old-mermaid-inn/
1 2