iPurch® International - a Quick, Convenient, Safe and Simple new Internet Payment method that anybody can use!
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iPurch® International - a Quick, Convenient, Safe and Simple new Internet Payment method that anybody can use!
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iPurch® International and legislation issues iPurch® International considers, though not a pre-requisite, registration with the Financial Services Board as a Registered Financial Service Provider an essential show of transparency, integrity and due diligence for the added protection and peace of mind of the Consumer. To put it in a legislative perspective, the service we provide is almost merely a charged courier service in which we provide a conduit for the consumer to safely and securely pay online. Insofar as FICA regulations are concerned, they would likely apply to e-Traders proving their physical addresses, and this is taken care of by the banks when they open their bank accounts, which are a pre-requisite to register with iPurch® International. There is no point at which we grant or receive Credit, nor any form of loan, so there is absolutely no need to register with the Micro Finance Regulatory Authority. As a contributor to the Government's, and indeed the globe's, pledge to reduce the digital divide and to utilize technology for the betterment of mankind, we are assured of Government's endorsement and blessings. |
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