Quote:
Originally Posted by Why
after the epassporte fiasco, anyone keeping any money in these services is asking for it. Unless they are FDIC insured and backed by a proper bank with a license, i wouldnt touch em with a ten foot pole.
IMHO.
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Since you mentioned it, Payoneer IS FDIC insured, and we are backed by several banks, but also very large venture capital firms, including Greylock Partners and Carmel Ventures. We're also a registered Money Service Business in the USA. You can see it listed here (under New York):
http://www.fincen.gov/financial_inst...eselector.html