Wednesday, July 3, 2019

More on Tilia

With Linden Lab's announcement on Monday that Second Life residents would have to be signed up for accounts on their new Tilia service, there has been no shortage of discussion among the virtual world's residents. The "Tilia Takes Over" thread on the forums has reached 21 pages as of the writing of this article. Seeing the confusion, the Lab responded with a "Official Tilia Q and A Forum Thread." Among the answers to some questions heard:

There are no additional fees for having to use Tilia, aside from the Inactivity Fee.

The Inactivity Fee applies only to those whom have a US dollar balance in their account that remains inactive for 12 months or longer.

The changes for personal information requirements apply only to those who cash out Linden dollars for real world currency.

For those whom use Linden dollars only for Second Life, there is no change.

Tilia is not needed to buy Linden dollars with real world money.

Tilia will not replace Paypal, though the Lab is working on enabling it to work directly with banks in the future.

Of the reason why the Lab needs the additional personal information, they cited, "The ID verification requirement is necessary for compliance with U.S. money transmitter laws and regulations, such as the USA PATRIOT Act and the Prepaid Access Rule."

As residents continued to ask questions, the number on the FAQ has been growing. It probably will continue to do so for at least another day or two.

1 comment:

  1. To be more precise pertaining to the Patriot Act, it's a department authorized by the Act, called FinCEN. I'm personally not happy pertaining to either the Act, or the department.