Unfortunately, not just first batch , but all the others will be made of non-branded cards. I dont know if Minex and Boris really does not know what branded card is or just pretending they do not know. Regardless ,they will be in big trouble for huge violation of Mastercard rules and regulations about prohibition of using third party, non-branded cards for theirs own customers.
I will explain in details what is really going on:
- Minex does not have contract about sub-issuing with bank or Master service provider and consequently Minex cards are non-branded by default(without Minex or Chain2Pay logo on it,only bank logo)
- Minex opened business account with bank(most likely it is Privat bank again) and opens sub-accounts in its customers behalf,presenting them as their workers.
- first batch of cards is non-branded and non-personalized (without cardholder name on it) Mastercard debit card,which every bank issue to new customer in a matter of few hours.The same card we have seen in videos of testing cards. It has 200 Euros daily limit and 1000 Euros monthly limit.Whatever of 4 card types from Minex site you ordered, all customers will get same card.
- all other batches will also be non-branded cards,but personalized (with cardholder name on it) and with same limits.These cards bank cant issue so fast as non-personalized.It needs 2-3 weeks for it and that is reason why Minex who wanted to give some cards as soon as possible didnt have patience and launched first batch as non-personalized cards,without cardholder names
- Minex said that all batches after first will be consisted from branded cards,but that is not true. It is intentional lie or Boris does not really know true difference between truly branded card and non-branded personalized card.
- now we will look cat and mouse game between Mastercard(cat) and Minex(mouse). As more cards flows in, the more chances that Minex would has been caught and sanctioned(card cancelled) by Mastercard.
Let the game begin !
I could not resist and wrote. I would not answer, but your message does not contain trolling (although it contains an unsubstantiated charge), unlike some other characters who write here.
The fact is that you can’t even assume that minexcoin will have maps as a logo, since you don’t know how the cards that are sent out work. They can write at least “MARS” on them and these cards will work as well. It does not play any role. And mastercard will absolutely be all the same, since these cards have no relation to cryptocurrency, and work only with Fiat.
But the question "how was it done?" - no one will give you the answer. Maybe someday you will understand if you start thinking sometimes.
Yurez I know how payment card system works. You cant use some other company or bank cards as you own. It is fact,not mine opinion.
Minex can try to violate Mastercard rules and regulations,but if people from Minex believe how they can outsmart Mastercard they are so wrong. You really think that there are not some others very smart people around the world who didnt try already to find a way to use non-branded cards as theirs own?? You really think that all other companies who issued branded cards wasted 8-10 months for fullfilling different regulations for nothing?
These Minex non-branded cards are related to cryptocurrencies,because origin of the money on the accounts is from selling cryptos.I will give you example what Mastercard did in such cases :
- Two Mastercard Master service providers(they have license obtained directly from Mastercard) with worldwide license Epayments and Wagecan allowed that money related from selling cryptocurencies flows to some of theirs cards without getting Mastercard approval for that. Due to violations of agreement ,Mastercard revoked licenses given to them.
- If Mastercard did that to two master service providers with worldwide licenses, you can just imagine what they will do to Minex. It will be blanket ban without any prior warning. You can count on that and if Minex really think how they cant outsmart Mastercard ,then people who run Minex are either too arrogant or too stupid or both.
All I said in texts above how Minex is trying to sell customers non-branded personalized cards as branded is true. When it explodes it will be end of Minex for real.
All so call die hard Minex supporters know that and they hope there will be enough fools to take a bait with payment cards and push price of MNX up so they can dump on them before final crash.
