strzelba
Newbie
Offline
Activity: 8
Merit: 0
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November 02, 2017, 09:06:25 AM |
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Only IDIOTS sell when price is being dumped I bought today some extra MCO for future profits
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aqzu
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November 02, 2017, 09:07:36 AM |
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Where is DigitalNinja ?
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mrRen_
Newbie
Offline
Activity: 62
Merit: 0
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November 02, 2017, 09:09:21 AM |
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Where is DigitalNinja ? He's out of BTC, cannot buy anymore
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aqzu
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November 02, 2017, 09:16:10 AM |
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Where is DigitalNinja ? He's out of BTC, cannot buy anymore lol
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Btcmnr
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November 02, 2017, 09:20:44 AM |
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Monaco card is a very nice and pose idea when cards will be available for everyone?
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Ally@monaco
Member
Offline
Activity: 110
Merit: 10
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November 02, 2017, 09:40:48 AM |
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Read this at first and re-read what you wrote. Their language is confusing, though what I understood, that money will be from this:
We generate revenue every time our customers swipe Monaco card from the fees paid by merchants (interchange revenue). On average, merchants accepting a payment with a card receive only $97 of every $100 spent by the customer, $3 being split between card scheme, program manager, issuing bank and acquiring bank. Monaco’s share of the interchange revenue comes in at 1.5-2% depending on transaction profile. Monaco will roll-out new, revenue generating products over time.
That's just bad wording from their side, they mean 1.5-2% of the payment made. How else do you think they can provide 0.75% (even more for platinum) cashback? Basic logic. Where is logic buddy. If there is $3 taken from $100, so $3 are split between all parties involved. How they can take more? Monaco’s share of the interchange revenue comes in at 1.5-2% depending on transaction profile. (interchange revenue) - the fees paid by merchants. (these $3 from $100 spent)So re-read again please! You clearly have no idea how interchange fees work. Here is an example: In this case MCO is the issuing bank, thus receives 1,70% of the TOTAL TRANSACTION (percentage depends locally) Wait a sec, I thought they are program manager? ? We are happy to announce that Monaco is now an approved Visa Program and will work our very best to add value to the users. FYI, Program manager is responsible for card branding, marketing, distribution, customer support, KYC/AML. Card issuer is responsible for meeting local regulatory requirements and settlement to Visa.
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Ally@monaco
Member
Offline
Activity: 110
Merit: 10
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November 02, 2017, 09:52:37 AM |
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Monaco card is a very nice and pose idea when cards will be available for everyone?
We are happy to know you like it. We are working on a global rollout, with Asia first, followed by Europe and then North America. You will receive a notification in your app and by email when your card is ready to ship.
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mdenys
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November 02, 2017, 09:56:41 AM |
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Read this at first and re-read what you wrote. Their language is confusing, though what I understood, that money will be from this:
We generate revenue every time our customers swipe Monaco card from the fees paid by merchants (interchange revenue). On average, merchants accepting a payment with a card receive only $97 of every $100 spent by the customer, $3 being split between card scheme, program manager, issuing bank and acquiring bank. Monaco’s share of the interchange revenue comes in at 1.5-2% depending on transaction profile. Monaco will roll-out new, revenue generating products over time.
That's just bad wording from their side, they mean 1.5-2% of the payment made. How else do you think they can provide 0.75% (even more for platinum) cashback? Basic logic. Where is logic buddy. If there is $3 taken from $100, so $3 are split between all parties involved. How they can take more? Monaco’s share of the interchange revenue comes in at 1.5-2% depending on transaction profile. (interchange revenue) - the fees paid by merchants. (these $3 from $100 spent)So re-read again please! You clearly have no idea how interchange fees work. Here is an example: In this case MCO is the issuing bank, thus receives 1,70% of the TOTAL TRANSACTION (percentage depends locally) Wait a sec, I thought they are program manager? ? We are happy to announce that Monaco is now an approved Visa Program and will work our very best to add value to the users. FYI, Program manager is responsible for card branding, marketing, distribution, customer support, KYC/AML. Card issuer is responsible for meeting local regulatory requirements and settlement to Visa. Congratulations Monaco team !Great job! remove back the asset contract please to make everyone completely happy !
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delpiero10
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November 02, 2017, 09:57:27 AM |
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Monaco card is a very nice and pose idea when cards will be available for everyone?
We are happy to know you like it. We are working on a global rollout, with Asia first, followed by Europe and then North America. You will receive a notification in your app and by email when your card is ready to ship. Can we expect next part of Q&A today?
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boopy265420
Legendary
Offline
Activity: 1876
Merit: 1005
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November 02, 2017, 10:04:47 AM |
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I don't hold large amount of MCO but current position doesn't look good at large. My buying were anyway at around 0.0005 BTC so nothing affecting me till now because Bitcoin has raised a lot since then. I will prefer to stay and watch what is next because some people are facilitating these dumps to fill their bags that tells something else.
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Ally@monaco
Member
Offline
Activity: 110
Merit: 10
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November 02, 2017, 10:09:29 AM |
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Only IDIOTS sell when price is being dumped I bought today some extra MCO for future profits Thank you for your support. We are developing our product at full speed. Will have you all updated!
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cahtreber
Member
Offline
Activity: 87
Merit: 10
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November 02, 2017, 10:12:12 AM |
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What great news in the last week with the green light, but the price is not acctually following the success.... I am holder since the ICO and I hope to hold much longer.
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dragonchopper9
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November 02, 2017, 10:12:37 AM |
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I do not have these tokens, but I think that now is the best time to start buying. I do not think that there will be such a possibility.
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fajarkus12
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November 02, 2017, 10:22:18 AM |
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I do not have these tokens, but I think that now is the best time to start buying. I do not think that there will be such a possibility.
I agree with you, now mco price down deep and this is the best oportunity to collect more this coin. Better to hold this coin for long term investment because monaco card i think very useful, soon many people will using this card for their activity
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reffi
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November 02, 2017, 10:24:07 AM |
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So without asset contract, this card is just like any other prepaid visa card that accepts crypto?? And no rewards??
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delpiero10
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November 02, 2017, 10:25:52 AM |
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So without asset contract, this card is just like any other prepaid visa card that accepts crypto?? And no rewards??
Is there any other visa debit card? I don't think so... but please correct me if I'm wrong
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DigitalNinja
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November 02, 2017, 10:37:38 AM |
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Where is DigitalNinja ? Im here my little brain damaged follower dont worry. buying the dips as usual I feel quite priviliaged to have a follow even if you are a bit slow. Anyone else want to join the Ninja club?
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HitTheLow
Full Member
Offline
Activity: 590
Merit: 100
HIT the low and HOLD till moon
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November 02, 2017, 10:42:49 AM |
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Kris just Killed MCO token it because of He want to do it. Infact, the company Monaco is going great! and he doesn't want token holders will earn profit from his company!
We just donate many $ to Monaco buying a token without any value right now, but when we bought it, there were a lot of promises about Asset contract, about % on transactions.
Now? now Kris doesn't need token holders to make Monaco great. Just learn the lesson and run away from this token.
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BTC: 16ZegvHooaNNUV7pZPCNoj5QSY5i8Gs6zD
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trumpc2016
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November 02, 2017, 10:54:24 AM |
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Read this at first and re-read what you wrote. Their language is confusing, though what I understood, that money will be from this:
We generate revenue every time our customers swipe Monaco card from the fees paid by merchants (interchange revenue). On average, merchants accepting a payment with a card receive only $97 of every $100 spent by the customer, $3 being split between card scheme, program manager, issuing bank and acquiring bank. Monaco’s share of the interchange revenue comes in at 1.5-2% depending on transaction profile. Monaco will roll-out new, revenue generating products over time.
That's just bad wording from their side, they mean 1.5-2% of the payment made. How else do you think they can provide 0.75% (even more for platinum) cashback? Basic logic. Where is logic buddy. If there is $3 taken from $100, so $3 are split between all parties involved. How they can take more? Monaco’s share of the interchange revenue comes in at 1.5-2% depending on transaction profile. (interchange revenue) - the fees paid by merchants. (these $3 from $100 spent)So re-read again please! You clearly have no idea how interchange fees work. Here is an example: In this case MCO is the issuing bank, thus receives 1,70% of the TOTAL TRANSACTION (percentage depends locally) Wait a sec, I thought they are program manager? ? We are happy to announce that Monaco is now an approved Visa Program and will work our very best to add value to the users. FYI, Program manager is responsible for card branding, marketing, distribution, customer support, KYC/AML. Card issuer is responsible for meeting local regulatory requirements and settlement to Visa. So I was right about fees? I am happy to help!
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mrRen_
Newbie
Offline
Activity: 62
Merit: 0
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November 02, 2017, 10:56:21 AM |
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Kris just Killed MCO token it because of He want to do it. Infact, the company Monaco is going great! and he doesn't want token holders will earn profit from his company!
We just donate many $ to Monaco buying a token without any value right now, but when we bought it, there were a lot of promises about Asset contract, about % on transactions.
Now? now Kris doesn't need token holders to make Monaco great. Just learn the lesson and run away from this token.
I agree with you!
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