Monday, September 23, 2024

IRAN WILL BE USING PREPAID MASTERCARDS TO PAY HEZBOLLAH, WITH A MAXIMUM VALUE OF USD$25,000 ON EACH CARD. WHAT'S WRONG WITH THIS PICTURE?


Yes, I am aware that there are no international credit card networks connecting Iran with the rest of the world, due to US sanctions regarding the Dollar, and the reluctance of European banks that do business with the United States to engage with Iran, but Iran has found a way around the lack of a payment network. It is using a third party, a country in Asia, to issue the cards.

We trust that the nation foolish enough to provide such material support to a global terrorist organization will find itself subject to sanctions for its role in funding Hezbollah. As soon as details are available, we shall update this story. We trust that Mastercard with revoke the issuer's privileges, or at least find a way to insure that the card does not work in Lebanon, Syria, Turkey or any other Middle Eastern country where Hezbollah maintains "offices."

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