Exclusive: MasterCard Ban Starts Monday, VISA in December
Posted: Thu Oct 11, 2018 12:28 pm
As expected, card payments are becoming more and more difficult for some brokers. Those who are operating from unregulated or loosely regulated environments will need to find alternatives.
Sources with intimate knowledge of the matter confirmed to Finance Magnates that card providers MasterCard and VISA are proceeding with their actions against forex, binary, cryptos and ICOs.
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Back in April Finance Magnates reported that MasterCard is the first company to classify the industry as high risk. The move effectively meant that chargebacks could be executed up to 540 days after the date of ... (read more)