MrMustard
your point
1. Again you are mixing up online payment with a physical debit card. You should look at the 29th Aug 2011 ann in regards to the P1 debit Mastercard. This is what we are discussing here in this thread.
2.Again, all Ezybonds debit card will attract a royalty payment per card per week. That is independent of the payment commission fees. That is the basic cost of the debit card.
This does raise the question on why GCN thiings that the Ezycards are free of charged and they get to keep all proceeds.
I suggest you spend time looking into how Ezybonds's business model and how they make money. I have pointed you to Plus-sx. DYOR
3.There is no formal agreement and Ezybonds clearly stated that in its market update specifically deal with the GCN ann on 8th Sept. The rest are IMO just name dropping in their market update as this is a micro company. The fact is, there is no formal agreement. Otherwise, Ezybonds would have issued a market update.
4.I didn't say they lack the surety backing. I just said they are a different type of debit card. They are called Prepaid debit card. You transfer money to Ezybonds's Ezyaccount...actually I explained this before. Read my post or go to set up a Ezycash account today to see how it works.
5.You are putting words in my mouth. Please don't do that.
JIMO
DYOR
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