Quote:
Originally posted by socalcash
Kimmy Kim.
U keep saing name brand. I dont feel this is the case or they would have never gone forward with a project like EPASSPORT. Wouldnt u think they blatanly knew the card was going to be used for porn.
It seems to me to be more of wanting to make those who need them, bend to their rules.
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Hey Andreas
Let me clarify some points about Visa and other card organizations.
There are two sides to the business -- one is issuing -- actually getting cards into consumers hands, getting them to use the cards and accrue a balance or do alot of trans on their debit cards. This side of the business makes money.
The other is acquiring -- finding merchants to take those cards, pay their fees, and do it with a minimum of risk. This side of the business makes money.
Can you see where the good old left and right hands come in?
ePassporte has nothing to do with porn. It can be used for porn, but it can also be used to buy an airline ticket, a book at Amazon, withdraw money at an ATM.
eP is an issuing product.
Compliance is an acquiring supervisor.
Protecting the Visa brand image is a scary thing.