I'm sure if there has been use of these cards for money laundering it would be based on real evidence rather than paranoia, the fact that some people may be using totally legitimately doesn't negate this.It's a shame there is so much paranoia around money laundering - I'm sure that was partly to blame outside of any MS on the reloadable card. I'm sure I wasn't alone in using the online MC to pay ATO with legitimately earned cash. Might be showing my naivety on this but can't imagine anyone using dirty money to pay the ATO.
I'm sure it didn't help Indue's business case that there'd be very little chance a customer paying ATO would forget to spend all the money on their card and thus forfeit it on expiry which in addition to the $5 fee would have been the business case.
RIP to a good product.