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Old 09-29-2010, 10:51 AM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
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Posts: 18,083
VISA is an association of banks ? VISA acts as a "clearinghouse" for all its member banks.

VISA never did, and does not, hold any of the actual money nor issues any credit ? only its member banks do.
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