IMPORTANT NOTICE

StormX, Inc., has filed a voluntary petition for bankruptcy protection under chapter 7 of the Bankruptcy Code. This matter is before Judge Brendan L. Shannon and has been assigned case number, 25-10730(BLS). This notice has important information about the case for creditors, debtors, and trustees, including relevant deadlines.

To protect your rights, consult an attorney. All documents filed in the case may be inspected at the bankruptcy clerk's office at the address listed below or through PACER (Public Access to Court Electronic Records at https://pacer.uscourts.gov). Additionally, documents in this case may be filed with the Court at the following address: 824 Market Street, 3rd Floor Wilmington, Delaware 19801. Please note the staff of the bankruptcy clerk's office cannot give legal advice.

If you are a creditor and believe you have a claim against StormX, Inc., you must file a proof of claim detailing the amount and basis of your claim. This case does not have a claims agent so any proof of claim must be filed through the Court's website. The following link contains general information on the proof of claim process (https://www.deb.uscourts.gov/claims-information) and this link will be used to file a proof of claim (https://ecf.deb.uscourts.gov/cgi-bin/autoFilingClaims.pl).

To PIN or not to PIN

Daniel Ball
Daniel BallJan 10, 2023
To PIN or not to PIN

To PIN or not to PIN

Did you know that entering your PIN isn’t necessary when making a payment?

It’s a little known fact that merchants and card issuers are on opposite sides of the issue when it comes to debit card PIN transactions.

When you use your debit or prepaid card at a point of sale terminal you will get a message asking you to enter a PIN, but it isn't necessary! There is always an option to bypass entering your PIN, but merchants can make it difficult to find since the transaction is cheaper for them when you enter it

On the flip side the issuer of the card wants you to bypass the PIN and run it on the “credit” network rails. Card issuers do this because they make larger interchange fees from the merchant and use this revenue to fund rewards!!

Prepaid cards will often charge a fee if you use a PIN transaction at a point of sale terminal to help remind customers to bypass that option.

For our StormX PrePaid Card holders, we encourage you to opt out of entering your PIN at point of sale terminals whenever possible. This will prevent any fees from the card issuer and keep the cashback rewards opportunities well funded!