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The end is near...
This entire situation has disaster written all over it and could very much be the last nail in the coffin to end all financial dealings in SL. Unfortunately, there are no checks and balances to properly regulate such a service. The level of abuse and fraud I'm sure will run very high and rampant.
Needless to say since LL is a US based company and this Mastercard service would be running through their platform, there has to be some tax/regulatory issues that will arise from this very vague and sketchy deal. Any info that AVC has regarding this matter should be disclosed to the public and any legal and tax & accounting expertise would certainly be welcomed.