it's some joke, every months they have a new bank?
you make video that test card work and 2 week after that MNX start public test? If want to participate just fly to Kiev, what is 1000+ km and 1000+$ and 2 days to test fabulous MNX TEST card! If everything work why still test period?
They are fooling you around. Dont waste yours money on senseless trip.
There are no valid cards. They are "testing" ordinary company cards on theirs application and nothing more.They can test them indefinetely, but still cant send them to customers,because VISA/Mastercard dont allow companies to use other companies cards for theirs customers.
They need to fill request for sub-issuing cards,goes through all necessary regulations and procedures, gets VISA/Mastercard approval of card design and make a contract with card manufacturer about chip they will use and number of cards they want.It is long goal,all others companies needed 8-10 months to accomplish this.
They have been processing these card for long and we are told that the branded card is ready according to what boris said late last month
No, they have been talking so long about card,not processing. Actually they are on the very beginning of this process. They even didnt fill request for sub-issuing of branded card,not to mention multi-month long fulfillment of neccessary regulations and procedures.
I have impression that they really dont care at all about card issuing.If they really care they would not enter into testing cards which were never meant to be issued to customers. Logical step would be to first finish all regulations and procedures work and then when you get all licenses and cards came from manufacturer, test first batch of cards( actually they are not testing cards,but theirs software, is it compatible or not) before send them to customers.
What is point of testing cards if you know these are not cards which customers will get
Just another stalling.
The article explain it as you do and they admit that they need to take some steps to get their own branded card
Take a look from the article:
"Another advantage of MinexPay is if the wallet subsystems work impeccably, we can add virtually any card as the issuer does not matter.
Such design also doesn’t really require a contract with a bank unless we are ready to issue branded cards."
Looking Further
"
Naturally, MinexPay users will still get a new MinexPay branded card after the test complete."Yes,at first ,they admit how these so call test cards are not real cards and how they need issuing contract,but in the next sentence they told lie to users how they will get branded card after test complete.
Question is , how they will deliver branded cards after test completition,when they even didnt fill request for sub-issuing.
They lie to the customers.Half-truths,lies, classical misleading.
Instead of sensless testing of cards which are not these ones who customers will get,they should first fill request for sub-issuing and fulfill all necessary regulatory work and procedures and then and only then to test first batch of valid cards(not cards really,but Minex software).
They cant do such complex work for a few days, they need several months of hard work to accomplish that.
So,pointless testing of cards which are not these ones designate to customers is just a distracting of angry people and buying some more precious time for Minex to survive, until theirs new ICO ,Republia finish collecting money from gullable investors attracted with same lies as was the case with Minex.
The same team who lead Minex are preparing of launching theirs new ICO, Republia who will has hard cap 20x bigger than Minex and share same flawed financial construction Minex has:
- same disastrous 70% yearly interest parking rate,
- same failed principle of currency holding in tight price range
- same debit card program with a change to use USDR tokens as a payment tool for card,despite that VISA and Mastercard dont allow using anything else except fiat currencies for theirs cards
This is a real reason for pointless testing of cards which customers will never use.Boris said the branded card are ready and won't disclose the issuing bank until shipping start (all documents and legal works involved has been concluded) that was after CSOB deal fell off
I can Recall clearly in telegram group, At the start of this card process,He said they were working with many banks to issue their own branded card and that was in march. The deal with CSOB wasn't the only deal for the card,they have other banks they are working with in other country,so i think they got their card already.
Please ,look carefully at theirs article to Medium,especially on this sentence:
"Such design also doesn’t really require a contract with a bank unless we are ready to issue branded cards. Precisely for that reason, we decided to initiate a public test "
Boris is lying people. For branded card they must have contract for branded card sub-issuing,to finish all regulatory work and necessary procedures,to get design approval from Mastercard and to make a contract with card manufacturer. Plus Privat Bank has no license for worldwide distribution.
They have absolutely nothing. Minex didnt even fill request for sub-issuing. One logical question - if Minex has already branded cards why it is testing cards which are not the ones for customers
It is all just distraction.
In first interview to CryptoRich,Boris said how they collected $1.5 million dollars during pre-ICO and that is more than enough money to realize complete whitelist. Together in pre-ICO and ICO ,Minex collected about $3 millions dollars.
For one year they sold 1.4 million premined MNX coins and got at least another $ 7 million dollars.
In total that is about $ 10 millions. With only 5% of these money ,Minex could realize complete whitelist. They didnt realize nothing and investors money is gone with a wind.
Major question here is - if money didnt spend on whitelist ,where it is ? You dont have not be a genius to understand that most of money was finished in Boris hands and that part of it was used to finance another ICO - Republia, which is in essence Minex 2.0 version
So,all fuss about cards is just distraction,so nobody will ask where the money is gone.
Lolz....i seem you don't understand how the card start at the beginning, i wish they wil make full explanation on how they got the card. The branded card wont come from privatBank as i understood so far
Nobody know who will be issuer of card,because Minex didnt make contract yet.
I explained zillion times complete procedure and that is not an easy task,but task which takes months for complete realization.
Testing cards which are not these ones designated for customers is senseless and misleading of people.
If Minex wants to get some credibilty,than it has at least to make a contract about sub-issuing of branded cards,reveal contractor and show it to the users. Trust has to be earned.
I am sure everything will be reveal when shipping start
Cant shipping anything before Minex make valid contract for cards sub-issuing.
So, first contract about issuing branded cards with Minex logo,then finishing regulatory things and procedures, then Mastercard approval of card design,then contract with card manufacturer and then testing software,not cards and finally first shipping to the customers.
It is a long,long way until shipping.If Minex follow necessary procedures, it can take 8-10 months, if not , Mastercard will cancel cards.
What will be depends solely from Minex.