aka123 |
07-17-2015 07:45 AM |
Quote:
Originally Posted by Barry-xlovecam
(Post 20526127)
Well when you have FinCard accepted word-wide let us know.
I don't like all VISA-NET policies -- but if it is illegal in the USA: VISA and Mastercard are USA based companies and subject to US Federal laws -- period.
Advocating Bitcoin for purchases associated with unlawful activity only shows a lot of Bitcoin users are intent on evading laws with the digital currency's use. That is one reason why Bitcoin will never be successful :2 cents:
Follow the Silk Road :upsidedow
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I was commenting more about the actions of US police. And neither the US laws would have required for Visa or MasterCard to do any actions regarding this matter.
But actually the Visa we have in here, is not the same as US Visa. At least when I last time checked. Though there have been quite a lot changes lately. Our Visa uses Visa's trademarks, systems, etc. but is separate company or something like that. And it is a tad different in different European countries.
Visa in Europe
EDIT:
Okay, Visa Europe may again be part of Visa inc.
"7:15 AM EDT May 11th, 2015
Visa Inc. may buy its former unit Visa Europe Ltd. for as much as $20 billion, according to unnamed sources close to the deal, Bloomberg reported Friday (May 8)."
"Visa Europe, which has a licensing agreement with Visa, managed more than 500 million accounts and processed more than 16 billion transactions last year, according to its annual report. It earned 219.8 million euros ($246 million) in 2014, which was up 29 percent from 2013."
Visa Mulls $20 Billion Buy Of Visa Europe | PYMNTS.com
Anyways, that confirms that European Visa is not under US laws. It is not "FinCard", but it is European Visa.
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