Quote:
Originally Posted by Buzz
The thread is true example of what a lack of information may lead human mind to.
I'm not trying to defend CM or epass, but why don't you grow up people and start operating facts, not speculations?
Visa cards and accounts are operated by SKNA, not the United Bank (or whatever you're referring to) supposedly owned by Mallick. The Curacao bank holds WALLET funds. They are not connected in any ways other than epassporte's local gateways.
Say it was ePassporte [users] funds used for Middlemen - the money from United [owned by Mallick]. Movie is epic fail, funds are low, captain orders to shut down the account. This way it would be WALLETS blocked, not Visa accounts.
Some will say "He'd transferred money from SKNA to fund the movie". But what's the hype about United then?
Simple logic.
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It's clear SKNA handles Visa transactions and United has Wallet funds. Here is the problem with your logic: For some mysterious reason, Chris claims to not know, SKNA shut down Visa transactions for ePassporte. One good reason for that would be if there were not enough funds on deposit at SKNA to cover the amount on cardholder Visa accounts. That is obviously something Chris would not want to admit to. Furthermore if United does not have enough funds on deposit to cover what is in cardholder's wallet accounts who is going to shut ePassporte down? Chris? Of course not. If there were not enough funds on deposit with United to cover everyone's Wallet accounts what action might ePassporte/United take? Oh, I don't now... Maybe withhold/delay wire transfers? Maybe this is all wrong, but until we get some real answers from ePassporte (or SKNA) all we can do is speculate.