LC, I asked Max Rhiando if they had any connection to Nexus software and the answer was no.
The company develops new platforms,
ie; Complete card transaction infrastructure.
Monoco is the holding Company for 25 entities.
Nexus is an entity. BQT is an entity.
Visa said, "We have a systemically corrupt payment system."
Mr Hajaj said card providers include the cost of fraud in their overall costs and pass this onto customers. "The cost of fraud is ultimately borne by the community. If the banks were serious about stopping fraud they would provide more encouragement for people to use their debit cards, which are more secure."
Credit card fraud is estimated to cost more than $100 million a year in Australia. Visa, MasterCard and Bankcard payment schemes account for 88 per cent of credit card transactions in Australia.
The credit card giant Visa has good news: its fraud bill for the Asia-Pacific region is $13 billion.
Read about the amount of fraud Visa and Mastercard get hit with each year. $58 Billion fraud bill.
The new Platform is FRAUD PROOF. What do you think that is worth to the banking industry.
By the way, I have found out that the only way into this roll out is via BQT. I asked.
BQT
bqt solutions limited
has anyone clearly established ...., page-2
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