Quote:
Originally Posted by lagcam
What is the point? Whatever they say you will disect it and question it.
If you are not a Zombaio customer then reality is that redpass probably won't have anything vastly different or significantly superior to paxum, but if you are a Zombaio customer, or affiliate of a sponsor who uses Zombaio then the card offers great potential to save money and get your funds quicker......even at the same or slightly higher rates than Paxum.
Just wait till it is launched, scrutinise the detail and then either use it or don't.
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I was at Vegas for the Consumer Electronic show and I went to Internext to ask some questions of Payoneer, Paxum and the others who have stepped up post Epassporte. I am looking for spreading the risk and everyone there was issuing cards through the same bank and now Redpass issued by the same bank. It is a worry. To be honest the presentation and answers didnt excite me enough to get a card let alone start paying people through them.
I am more likely to do business with Redpass over the others solely because I am a Zombaio customer but talk about an uneasy feeling regarding the banking.
Some thoughts
* As all are in the Adult high risk area can ones problems contaminate the others at the bank?
* Owning the BIN is great but if moving to another bank is simple why not do it now to distance yourself from the others?
* Why are the fees so different between cards if the base product/issuing bank is the same
* Why would anyone switch to Redpass to have another card issued by the same bank?