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Old 10-07-2010, 05:11 PM  
harvey
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Quote:
Originally Posted by KlenTelaris View Post
How is not their card,yet they issue it?It clearly says on back of card how is issued by them.
I explained it one thousand times, guess another one won't hurt:

THE CARDS ARE NOT FROM SKNANB. I REPEAT: THE CARDS ARE NOT FROM SKNANB

I said it several times explaining why the conspiracy theory of SKNANB keeping the Epass business has no validity whatsoever since, as I said, THE CARDS ARE NOT FROM SKNANB

What SKNANB does is issuing the cards and respond for the money in SKNANB's Epassporte account. That's why Epass insisted with the wallet feature, because that way the money would be "in motion" so to speak. Therefore, people can get the money from VV because it's at SKNANB, and you can kiss your wallet money good bye. Why? Because the money isn't at SKNANB, it's somewhere else out of the control of the bank and VISA.

So, in short, the system works like this:

cardholder deposits/get money --> money goes to SKNANB under Epassporte account --> VISA provides ATM and VV cards under the Epassporte co-branding as long as there's money on Epassporte's account.

So, if you keep the money at the issuing bank, you're covered.
If you choose the e-wallet option, you aren't. Why? Because you chose to leave the secure circuit and gave your money to someone else out of the circuit holding the money in a private undisclosed account.

Hope this question doesn't arise again.

On a side note, I'm not getting all the complaints from people who will get their money when they thought it was lost for good.
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