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Old 09-09-2010, 07:02 PM  
buyandsell
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Join Date: May 2008
Location: USA
Posts: 692
did epassporte operate like a bank?

I'm wondering are epassporte funds backed by real money or did they operate like a bank and just hold a % in reserve?

This is what I am wondering about: "At the request of St. Kitts-Nevis-Anguilla National Bank (SKNA), Visa blocked network access for prepaid cards issued by SKNA and operated by ePassporte.com to address certain program deficiencies."

why would the bank ask Visa to block a client?

I can see you might do that if you are worried money could go out via cards there weren't the funds to back..


"address certain program deficiencies"

hmmm
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