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Dear community, we have faced a misunderstanding regarding our relationship between MinexSystems and ČSOB bank. As you know, we have recently revealed the news that we have successfully signed a contract with the bank for our card project, MinexPay. However, the bank has posted a short statement denying this contract. We want to clarify this situation in this post.
Chain2pay company, registered in Estonia, has obtained licenses for working with cryptocurrencies. There is a valid contract between Chain2Pay and card program manager. At the same time, there is an agreement between the card program manager has a deal with the card issuer. Finally, the card issuer has a signed contract with the bank.
MinexSystems is working directly with the card program manager that is acting as a bridge between our company and the bank.
In this situation, the card program manager has announced the name of the bank. And here’s where the misunderstanding arises, as the bank has no information about the MinexPay trademark.
Currently, we are negotiating with the bank to clarify the situation.