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Originally Posted by DonnieDrunko
Any intelligent human being can gather that one of the most likely reasons ePassporte went down is because Visa had no way of making sure that ePassporte users where NOT using the service to hide/transfer money to avoid taxes.
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But isn't this same true with ALL these other services that offer money transfer services and prepaid cards?
According to krebsonsecurity, Visa said this:
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At the request of St. Kitts-Nevis-Anguilla National Bank (SKNA), on September 2, 2010, Visa blocked network access for prepaid cards issued by SKNA and operated by ePassporte.com to address certain program deficiencies.
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So the prepaid card issuing bank saw some "program deficiencies" with epass. Who knows, it could be related to new prepaid card regulations, or just some balances didn't match up. I'd just like to see some real info, but now there's only all kind of theories around.