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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 09-09-2010, 07:02 PM   #1
buyandsell
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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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Old 09-09-2010, 07:07 PM   #2
Domain Broker
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no one here is going to know.
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Old 09-09-2010, 07:09 PM   #3
onwebcam
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The bank operates like a bank and knows that as soon as the funds are open to availability there will be a run. I'm quite sure that is being taken into consideration in any future action taken by them. The way I see it at least one of the two is going under.
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Last edited by onwebcam; 09-09-2010 at 07:13 PM..
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Old 09-09-2010, 07:14 PM   #4
HomerSimpson
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could be... they probably spent 22m on movie, that was a disaster and made almost nothing in cinemas... and then it all started...
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