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Author Topic: ePayments - Your New CryptoCurrency Debit Card  (Read 161 times)
AntiK (OP)
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April 08, 2018, 01:09:42 PM
 #1

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ePayments service - an electronic wallet with the possibility of issuing a Crypto Debit Card. The service itself is a product of Electronic Payments Association (EPA), registered in the UK and created in 2011. First of all, ePayments is created for people who, in one way or another, are related to online earnings: cryptocurrency trading, work on freelancing, cooperate with partner networks, engage in forex trading, etc.

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 ePayments Features

ePayments offers services for incoming and outgoing transactions:
  • Translation within the system
  • Bank transfer
  • Transfers using Plastic bank cards
  • Branded ePayments Prepaid Card
  • Webmoney
  • Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Bitcoin Gold
  • Yandex money
  • QIWI
Any transfers within the system between its customers, as well as mass internal transfers are absolutely free. For the company's clients, there are three types of purses with currencies: the US dollar, the Euro and the Russian Ruble. Also free to enter and withdraw funds from ePayments Prepaid Card, dollar or euro.

Depositing funds on ePayments

Bank Transfer - transfer free of charge;

Bank card - 2.6% commission;

Cryptocurrencies (BTC, LTC, ETH, BCH, BTG) - at the rate of ePayments.

 

Withdrawal from ePayments

Bank card - commission 2.90% (min. $ 3.50);

Bank account - commission 0.80% (min $ 85, max $ 135);

Cryptocurrency - at the rate of ePayments at the time of withdrawal;

WebMoney - 2% commission;

Yandex.Money - 2% commission;

QIWI - commission 2%.

 

Plastic card ePayments Prepaid Card

With the help of ePayments Prepaid Card you can instantly transfer funds to it without commission and pay in stores, or withdraw cash through ATM.

Shopping in stores is free of commission, subject to a transaction in the card currency or 2.6% in a currency other than the card currency at the Card rate on the day of the transaction. Cash withdrawal with a commission of 2.60 $ in the card currency or an additional 2.6% in a currency other than the card currency at the Card rate on the day of the transaction.

The cost of ordering ePayments Prepaid Card is 5.95 $ or 4.95 €. The first 2 months of service are free of charge, then - 2.90 $ / month. The card is delivered by default by regular mail or, for $ 45 via DHL express delivery. The card is equipped with a chip and one-touch purchase technology.

Incoming and outgoing payments between the purse ePayments and the ePayments Prepaid Card are made without commission. The card can be paid in stores, as well as withdraw funds from the ATM.

 

Convenience and security ePayments

The interface of the site is ergonomic and intuitive. Practically there are no problems and issues with registration and verification. The site has an SSL certificate and fraud monitoring system to protect against fraud.

Any payment operation requires entering a payment password (it is different from the password of the personal cabinet). For greater security, the user can enable two-factor authentication through Google Authenticator and restrict access by IP.

Transfers inside the ePayments system are anonymous and do not transmit data about the owner of the wallet, but only his number.

In addition to the web version, ePayments offers an app version for Android and a version for iOS.

 

Getting started with ePayments

Electronic payment system ePayments is great for freelancers, forex clients, application developers and webmasters.

To increase the limits for transactions and add the possibility of ordering ePayments Prepaid Card, you need to undergo a verification procedure. It consists, as usual, of the identification of the client's identity and confirmation of the registration address plus the completion of the questionnaire.


 

Registration, License and Reliability ePayments

Epayments Systems Ltd (ePayments) is registered in the UK and is licensed by the Financial Conduct Authority under the number 900172 for issuing electronic money and conducting payment transactions (plastic cards, bank transfers, etc). ePayments is as reliable as Skrill and Neteller, since it has an identical license and similar control of the UK's financial regulator (FCA)

Despite the fact that the company was established in 2011, the license for activities was obtained in the summer of 2014.
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April 08, 2018, 06:32:41 PM
 #2

Seems that some new Bitcoin debit cards issuers appear which is a good news. At the moment we have a big hole for such services on the market. Still what worries me is the quality of services that will be provided.
Will this card be available worldwide? Should the coins be exchanged by loading the card or could be used directly from the wallet and then exchanged when spending?

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April 08, 2018, 07:59:15 PM
 #3

Seems that some new Bitcoin debit cards issuers appear which is a good news. At the moment we have a big hole for such services on the market. Still what worries me is the quality of services that will be provided.
Will this card be available worldwide? Should the coins be exchanged by loading the card or could be used directly from the wallet and then exchanged when spending?

I wonder how they're managing to do this when their providers Visa/Mastercard still haven't fixed their issues re crypto. Or is something afoot with the new money processor licences being issued out of UK. I'm still sticking to my Revoluts and non-debit crypto card options at the moment, keep reading about a new card that later gets revoked. I do have high hopes for some of the Eastern European (still EU) jurisdictions. But it's going to be a while before people start trusting crypto debit cards again for a while. Like your questions point out, I've a feeling these new providers themselves don't really have the expertise of guys like Bitwala.

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lex.l1
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April 09, 2018, 02:59:36 PM
 #4

There isn't any official issue with crypto that came from Visa or Mastercard's mouth, only pure speculations from people like you.
Ontopic, as an ePayments user, the debit card is ok, but minimum loading via Bitcoin is $50, which sucks sometimes, espcially when you need to withdraw the funds on a daily basis under that $50.
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April 10, 2018, 01:55:31 PM
 #5

No, I believe it's because how they're running their business, using another type (or not) as a 3rd party. It's just a matter of set up and the country used to operate the business.
This say, you will never see anything that came from Visa or Mastercard's mouth the same way you will never see a statement to say using you card is not allowed to buy a Kalashnikov

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April 10, 2018, 09:03:52 PM
 #6

on his website says:

Your card will be delivered anywhere

I was already very happy, until finally thought I'll order another card and I'll have more options and then I see this:

Unfortunately, we can not deliver the card in this country

 Shocked Shocked

why the hell they do not say that they are not able to deliver the card in anywhere, they create expectations in people and then you are disappointed

Will this card be available worldwide?

Unfortunately not!

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