Anyone Tried OIS?

rm18 · 08-05-2007, 12:32 PM

Omega Internet Solutions, a current funding method for 5 dimes, says you can fund with cash in 33 states and get a 5% bonus for the first time, I haven't called the toll free number yet though.

bigboydan · 08-05-2007, 01:13 PM

I've never tried them RM18. However, heres the press release on this company.

Quote:

Omega Internet Solutions Launches New Online ewallet

Omega Internet Solutions launched their new online e-wallet today. Based in Panama City, Panama, and operating worldwide the Omega Internet Solutions Group has plans to grow rapidly in the e-wallet industry.

Omega Internet Solutions offers several unique features in their e-wallet that distinguish them from any other e-wallet currently available. The Omega e-wallet was designed to allow people without bank accounts to fund their online e-wallet through direct money transfers which of course do not require bank accounts. Also, personal checks and wire transfers will be accepted. An Omega Internet Solutions account is free and easy to create.

Omega merchant accounts receive a 6% commission on every dollar that the merchant sends through their e-wallet account. This makes an Omega merchant account the only e-wallet in the world that pays merchants. Omega Internet Solutions expects many entrepreneurs in the developing world and elsewhere to begin taking advantage of the special merchant opportunities at Omega that allow a small business to get involved in the funding of Omega e-wallet accounts.

These localized funding options will bring the online e-wallet down to the closest level possible to everyone worldwide. This includes those in the developing world, which until now have had very little chance to use the internet for business transactions. Omega merchant accounts can also be used to pay third parties, thus simplifying business operations and saving Omega merchants both time and money. The Omega Internet Solutions Group expects rapid growth in the online entertainment industries which have customers that want additional privacy in their online transactions and may face difficulty in purchasing goods and services due to cultural or other barriers. To open a free Omega Internet Solutions e-walllet account go to www.omegainternetsolutions.com today.

JBC77 · 08-05-2007, 01:26 PM

More good news. People are starting to step up. Theres money to be made, processors to be born. Not connected to the bank....hows that for a good idea. I predict a year or two out things for U.S players will be back to normal or better than they used to be. Uncle Sam will once again be totally out of the loop and behind the times.

CrazyL · 08-05-2007, 01:31 PM

It will be more convienent when other books start to use them, that way instead of repeated WU's to individual books, you can just make one big deposit to them and let it remain in the account. I haven't used them yet and probably won't until I see them supported in more places, and hear some more reviews.

Follow up - I just contacted their support. Guy was very friendly, he said they are 'in contact' w/ Matchbook & Bookmaker to name a few, but haven't worked anything out yet. The guy said the cheapest funding method would be a deposit at a local bank, even said it is the most discreet.

Visitors · 08-06-2007, 04:28 PM

8% fee for all moneys received from merchants???

**In addition to the above fees users pay 8% on all funds received from merchants or other users that they want to withdraw from the Omega system

http://www.omegainternetsolutions.com/index/fees.aspx

jjgold · 08-06-2007, 04:30 PM

this is all too confusing now, so many new companies popping up. Who do you trust?

CrazyL · 08-06-2007, 04:49 PM

Yeah. After Neteller's crash and burn, I figured by football season there would be a new company to emerge with an easy alternative. Omega has been aggressive with pursuing some of these companies, and I don't blame them. They very much want the business Neteller left on the table.

Some Q&A w/ rep

Q: Okay thanks, and lastly, do you have the names of any online entertainment businesses you're planning to deal with aside from 5dimes?

A: Yes, currently Jazz Sports, Bet Las Palmas, Ehorse, and by next week Superior, and Bet Mania and a few others. Who were you interested in?

Bill Dozer · 08-06-2007, 04:56 PM

I don't believe Jazz doesn't have them available as of yet. It sounds like they are aiming to compete with WU and MG with that fee structure. We will have to test them out.

Anyone have an account?

Visitors · 08-06-2007, 05:08 PM

Quote:

Originally Posted by Bill Dozer

I don't believe Jazz doesn't have them available as of yet. It sounds like they are aiming to compete with WU and MG with that fee structure. We will have to test them out.

Anyone have an account?

Bill,

On Saturday they told me they will start with OMEGA next week ( so this week ).

JBC77 · 08-06-2007, 05:28 PM

Quote:

Originally Posted by Visitors

8% fee for all moneys received from merchants???

**In addition to the above fees users pay 8% on all funds received from merchants or other users that they want to withdraw from the Omega system

http://www.omegainternetsolutions.com/index/fees.aspx

Thanks for pointing this out. Those are some steep fees. It's still a company worth following. Does SBR have a list of current E-processors? It seems like they are popping up quickly.

GamblingMike · 08-06-2007, 08:14 PM

The MoneyGram option is also very discreet and only $9.95 to send up to $8,000,it is not the person to person method. And withdrawing by Moneygram by person to person is much ,much cheaper than withdrawing by MoneyGram person to person directly from a book,only $4 or 2.5%.

CrazyL · 08-06-2007, 08:38 PM

Mike,

So it is basically a small fee on MoneyGrams end, then once your funds are on w/ omega, they charge 8% to send funds to a book? And then 2.5% to cash out? Maybe I'm being a nit here but I think their business model would be better off with only the 8% figure, then offering a free cashout (of course still offering the expedited option for a few bucks).

GamblingMike · 08-06-2007, 08:54 PM

Quote:

Originally Posted by crazyl

Mike,

So it is basically a small fee on MoneyGrams end, then once your funds are on w/ omega, they charge 8% to send funds to a book? And then 2.5% to cash out? Maybe I'm being a nit here but I think their business model would be better off with only the 8% figure, then offering a free cashout (of course still offering the expedited option for a few bucks).

It is free to send and receive funds to and from a book but when you withdraw money that you withdrew from a book, they take out 8% of your withdrawal,for example,withdraw $100,receive $92, then another $4 or 2.5 percent to cash out via MoneyGram.

I agree with you about their business model,your way makes much more sense,they might be charging so much because of the lack of competition that offers a comparable service with the many deposit and withdrawal options and such.

Bill Dozer · 08-07-2007, 02:07 AM

5Dimes is adding them now we are told. Some other A rated books are waiting to see how they do.

Bill Dozer · 08-07-2007, 02:11 AM

Quote:

Originally Posted by Visitors

Bill,

On Saturday they told me they will start with OMEGA next week ( so this week ).

I would be surprised if they are ready to go with it next week but they are very much in need of something. Non-US guys can't use MB or Neteller right now.

Visitors · 08-07-2007, 11:31 AM

Quote:

Originally Posted by Bill Dozer

I would be surprised if they are ready to go with it next week but they are very much in need of something. Non-US guys can't use MB or Neteller right now.

Bill,

With OMEGA there will be a switch from a withdrawal method that cost $60 for every 10K withdrawed to another that is going to cost $800 for ever 10K withdrawed. Does peoples realize that if you pay 8% for withdraw your money you are laying -119.5? ( risking $11000 to win $9200 )

Bill Dozer · 08-07-2007, 02:16 PM

If it was me I would take the check or hold out for a transfer to CRIS next week. I think there are quite a few players waiting to do the b2b transfer again.