At 08:24 PM 10/8/2002 -0400, George Matyjewicz wrote:
>At 11:06 AM 10/8/2002 -0400, Digibuck Inc. wrote:
>>ALL FUNDS FDIC INSURED
>
>FDIC insurance is only available to US financial institutions.  Hence are 
>we to assume this is a US-based card?


Not entirely true.  Its possible for non-financial institutions to receive 
FDIC protection through what's called pass-through.  It mainly requires the 
funds are deposited in a U.S. bank account eligible for FDIC 
insurance.  That's what PayPay recently did.

steve


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