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Author Topic: About Debit Cards  (Read 147 times)
finaleshot2016 (OP)
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May 17, 2018, 01:13:11 PM
 #1

Is it true that a logo in the cryptocurrency related card can have the logo of the mastercard because it's a debit card. It doesn't requires agreement between mastercard and the project, just buy cards in bulk from an issuer-of-the-cards/bank??
OmegaStarScream
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May 18, 2018, 10:12:12 AM
 #2

Yes. There is a third party involved. Most of the bitcoin card services were using Wave Crest Holding (not sure If it's still the case) which is the issuer of the cards and WaveCrest have a license for that.

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mobnepal
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May 18, 2018, 01:36:56 PM
 #3

Most of the cryptocurrency based debit cards are dead because VISA terminated their contract with wavecrest which used to be issuer of almost all of the crypto debit cards https://cointelegraph.com/news/visa-suspends-wavecrest-status-stopping-some-crypto-credit-cards

When checked their mychoicecorporate site (wavecrest card service) they are showing new partnership with mastercard but haven't seen any new or old crypto debit card provider providing this card with mastercard logo in it like they used to when they have visa parternership.

Is it true that a logo in the cryptocurrency related card can have the logo of the mastercard because it's a debit card. It doesn't requires agreement between mastercard and the project, just buy cards in bulk from an issuer-of-the-cards/bank??

Without agreement you can't issue mastercard, buy cards in bulk ? without personal docs or atleast basic info of users?? Impossible...
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May 18, 2018, 06:37:44 PM
 #4

Very hard in 2018 to get a card without any Visa, Mastercard, Amex, logo on it. Thinking about it I am not even sure if it exists.
What is not allowed is to use the logo of Visa Mastercard on a website if you have no agreement/relation with the companies or a 3rd party (which is using Visa or Mastercard)


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finaleshot2016 (OP)
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May 19, 2018, 08:49:42 AM
 #5

Thanks for answering my questions and it enlighten me a lot about debit cards. Well, I just want to figured out the case of has hcard, the issue about them is spread all over the crypto community. The issuer of their card is Maybank so i open this topic if a debit card can have the logo of the mastercard and yeah thanks for the answers.
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May 19, 2018, 06:08:46 PM
 #6

Very hard in 2018 to get a card without any Visa, Mastercard, Amex, logo on it. Thinking about it I am not even sure if it exists.
What is not allowed is to use the logo of Visa Mastercard on a website if you have no agreement/relation with the companies or a 3rd party (which is using Visa or Mastercard)
I heard that debit cards with function of payment in crypto currency already exist and almost every new crypto project has in plan to produce their own debit cards for payment. Here is the latest one which I found: https://bitcointalk.org/index.php?topic=3251590.0 Well, I am not a profy in crypto world yet and for now I can't imagine how such monsters of the market as Visa and MC will let to survive to such project, but as I love to say the time will show.
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