Just to let users here know (again) that I have several propaganda spreading fools on IGNORE so if you see posts that I have not replied to or am not replying to then it is probably because I cannot read their posts as I find whatever they post to be nonsense especially from paid trolls.
Looking in to this a little more it seems Minexpay/Minexsystem/Minexcoin are using an existing card supplier for all the work. Even to top up it will take place using the card issuer system so what exactly is Minexpay doing?
Minex is doing exactly what I was described in mine previous posts - illegally using other issuer cards as their owns which is strictly forbidden by VISA/Mastercard.
Obviously they are so self-confident that they can outsmart card issuers,so they are pushing these non-branded cards no matter it is not allowed.
They think how other companies which followed laws and regulations and issued branded cards are stupid.
It is just one last sign that Minex went rogue and not care any more for laws and regulations.
Unfortunately for users,it will end badly for them when Mastercard cancel cards and freeze accounts.That is reason why Minex is hiding real card issuer.Top secret, 007 cards
. People are pushing to use cards without knowing who is real card issuer, card fees,limits ...
That sounds very serious. It maybe a case of Mastercard shutting those cards down but what will happen to the balance of end users on those cards?
Maybe if an official from the Minex team can shed some light on this things might become clearer. Have they actually named the bank/card issuer they claim to have a deal with?
They are keeping everything about these invalid non-branded cards so secretive in a hope that Mastercard wont cancel them if they dont publish which these cards really are.
It is so childish and stupid. It is clear that there are not at one reason to keep it secret if everything is legal.Just look at other companies which flood crypto community with informations when they get a license for theirs branded cards.
Minex is giving some cards which we do not know who the card issuer is , what fees these cards have, what limits, is it nominated in USD or EUR or CHF - no informations at all, everything is keeping mark as top secret,Boris eyes only( and maybe Temhuk,but Iam not sure in it).
Maybe it is Santa Clause special card edition - valid only during Christmas
Legal issues has been number priority for boris and this is the project of "his life" as been said by peter,so he won't even try to manipulate things when he knows the repercussion.
Iam not sure that Boris understands real consequences of giving non-branded payment cards(basically you use other company cards as yours own) which is strictly forbidden by VISA and Mastercard regulations.
There is no question that these irregular non-branded cards will be cancelled ,only how fast it will happen. Repercussions for customers( and Minex too) will be devastating.
I understand that Minex is under enormous pressure to give some positive results as soon as possible,but this is completely wrong way which will push things only further down.
These companies who followed regulations and spent many months to issue branded cards are not bunch of fools.Cant build business on constant avoiding necessary regulations and laws.Instead of positive developpment you will receive constant backfire until whole project will be in ruins and nobody will believe you any more.
I really love your concerns for this project. None of us understand the agreement between the issuing bank and chain2pay,it's very difficult to know the process taken to issue those card whether it is a right or wrong process But let wait still MNX announced why their unbranded card can't be ban or the terms and conditions of the card
Sure ,you can be ignorant as you wish,but issuing non-branded cards is forbidden. Whatever Boris works can be only illegal and consequences of his work will pay his customers when Mastercard cancels cards.
I am aware that he is talking how everything will be OK,but it is far from truth. He is falsely presenting his customers as his workers and sending them company cards instead branded valid cards.
He made so much fuck-ups till now:
- build parking system with 70% interest rate which led to hyperinflation and massive devaluation of investors funds,
- giving false promises about getting price in +-5% range
- making completely sensless promises,based on nothing except his wishes, how price of MNX will have 80% growth this year
- didnt realized almost nothing from whitelist
- made false announcements about contract with CSOB banks
- hired without any check Novarise scammer to provide him cards without doing necessary regulations
- sending some anonymous cards to people which has unknown card issuer, unknown limits, unknow fees, unknown curency nominaton, unknown availabilty to different countries, unknown everything
- believe if he does not disclosure nothing about his irregular non-branded cards that Mastercard wond find him and cancel the cards
He is utterly incompetent ,but immensely stubborn man - two features which are so bad for business.
If he really wants best to Minex the best he can do is to leave CEO postition and finds someone far more capable and responsible to make Minex valid and respected company.