Originally Posted by JoseSanchez

So I went to sign up for redpass - sounds like a good deal and I had a lot of trouble with paxum anyway. I read the terms and conditions, and guess what i saw there:

7. Foreign Transactions and Transactions made outside Belize. If you make a purchase in a currency other than US Dollars or in a country other than Belize , this will be considered a foreign transaction. Transactions in a currency other than US Dollars will be converted to U.S. Dollars. The currency conversion rate used by MasterCard® is either a wholesale market rate or the government-mandated rate in effect one day prior to the processing date for the transaction. The currency conversion rate used by MasterCard® on the processing date may differ from the rate in effect on the transaction date or on the date that the transaction posts to your Card Account. We may charge an additional foreign transaction fee of up to 3%.

So is the whole no fx fee just to get us to sign up and then you will add it on later? Because other than that, you are more expensive than paxum AND payoneer.

$45 card fee - same as paxum, both of you have no monthly fees. If you remove the $13 activation fee from payoneer (which is lower for my sponsor - it's only $4), then that leaves $32, divided by the 12 months that means $3 monthly fee. from what I understand here, most people here don't pay $3 every month because they use the card a lot and it's only $1, and then if you take the next years, there is no activation fee, so the "yearly" fee at most for payoneer is at most $36.

redpass and payoneer has the same atm fee up front (though my sponsor has lower atm fee for payoneer) and paxum is better in that - only $2, but then there's the POS fee on paxum that's $1 and free for redpass and payoneer.

so the way i see it, once you start charging us for the up to 3% rate, you are more expensive than paxum AND payoneer. i don't have my paxum card yet, and i haven't gotten my payoneer card yet either so i probably won't make it in time for the free card promotion, so then the fees really aren't better.

sooooo what about that 3% that you can take whenever you decide to take it? how do we know you won't take it later on? and will you be emailing everyone when you do?

oh and the moeloubani dude - you're insane. i have seen you write this stuff before and i can't find any lawsuits or investigations, an seriously if paypal had cards at the time it could have been then. and all the chick did was try to make sure we are all keeping our cards safe - the same comment goes for paxum, why would you give our your card numbers when a simple script can find all of the missing digits in minutes?