For those that have not experienced this yet, in order to get paid for winning money at Pinburgh, and apparently all Replay events going forward, you are forced to sign up for a third party eWallet account and claim your winnings from that. No more checks.
To claim your money, you will be hit with fees from the site. What I see on the pamphlet we got is a $1.50 “maintenance” fee on use, then an additional $1.00 for a bank transfer if you want to give this third party site your bank info, or $4.00 for them to cut you a check. International bank transfers are more.
To complete registration with the site, according to their FAQ, you must give them your full name, address, date of birth, and government ID (e.g. SSN) before you can even access your payout.
That’s a lot of personal information given out to a mystery third party just to collect tournament winnings. No one I’ve talked to in person at Pinburgh is excited about this.
I understand that some international folks were having problems cashing checks drawn on US banks, so this system would help them. What I don’t understand is why US based people are forced to use it also; it’s far less desirable than sending a tax form and getting a check in the mail.