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Afterpay AML/CTF compliance (ISX OPPORTUNITY), page-57

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18/06/19

11:42

Post #: 39109797
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Originally posted by jlo2012: ↑

Doesn't APT require 25% installment up front for the first purchase from a new account?

That would work fine with ISX as that first 25% installment could be split to create the two amounts that make up the secret? Or the other patented option is to not split that first payment but to have one payment with a secret in its text ie 1+1=

After someone has been KYCed when initially signing up they don't need to go through the KYC 'secret' process again for future purchases. Something like a two factor ID involving a text message being sent with a code or similar for future transactions would be sufficient to show it is the same identified person controlling the account.

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Do you honestly think a lot of customers will log in and retrieve the “secret” so KYC can be completed??

Illion do a KYC check which is why APT use them

ISX Price at posting: 63.0¢ Sentiment: None Disclosure: Not Held
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