Quote:
Originally Posted by Barry-xlovecam
In theory you could bypass the existing credit card system.
Very simple in concept ...
The customer funds his wallet via non credit card association sources.
The real problem is the MTA aspect -- money transfer laws that are national laws.
You need a money transfer agent's license from your domiciled country (in most places) if you act as an agent.
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Thanks for the info Barry; I was unfamiliar with the term MTA. I'll research it and see what it means for Canadians like me, or if its easier to do it incorporated in other countries.