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Roister01
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January 13, 2018, 12:57:55 AM |
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Where we up to wrt Visa cards? Wavecrest have been told that they can't use Visa anymore, as have a few others...
Are Monaco still going to be able to use Visa, or have Visa got it in for all crypto?
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emuLOAD
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January 13, 2018, 01:18:13 AM |
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VISA has made no statement nor taken any action against Crypto-related products and cards.
WaveCrest was an issuing partner who issued regular cards, and had been contracted to issue several of the less-professionally run crypto-cards. This company was expelled from the partnership program due to compliance issues, they repeatedly contravened VISA's own regulation. This had the result of barring WaveCrest from issuing and operating ANY cards, which included the crypto-funded cards, but was in no way linked to it directly. The issue, seems, was related to cross-border issuing of cards.
Monaco runs no such risk as a) they have a stronger relationship with VISA, they are a program manager. none of the other cards were. This is a privileged position and more importantly b) they had no dealings with WaveCrest, their cards will be issued through a reputable, global company that will not need to issue cross-border cards, nor will break VISA rules on a daily basis.
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Roister01
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January 13, 2018, 01:31:55 AM |
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That is fantastic news...thank you so much! Will top up my holding now after that excellent explanation...  |
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peterlustig
Sr. Member
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Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
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January 13, 2018, 04:27:35 AM |
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Where we up to wrt Visa cards? Wavecrest have been told that they can't use Visa anymore, as have a few others...
Are Monaco still going to be able to use Visa, or have Visa got it in for all crypto?
They have Q1 as a deadline to distribute the cards but had not given any specific date for it. MONACO is not affected by Wavecrest so I guess they will still use VISA |
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divest.ted
Newbie
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Activity: 98
Merit: 0
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January 13, 2018, 05:10:18 AM |
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Where we up to wrt Visa cards? Wavecrest have been told that they can't use Visa anymore, as have a few others...
Are Monaco still going to be able to use Visa, or have Visa got it in for all crypto?
They have Q1 as a deadline to distribute the cards but had not given any specific date for it. MONACO is not affected by Wavecrest so I guess they will still use VISA I heard one of the surprises is they are dumping Visa for Dinerclub |
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tehjohn
Newbie
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Activity: 64
Merit: 0
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January 13, 2018, 05:59:42 AM |
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If it drops to $15, there is _no way_ my MCO stay the same. They'd become at least a few hundred more ^_^
Ok $15 worked hope you have a few hundred more. Now back to $17 then $14 Assuming no bad news, or only neutral news, It'll hang around that price until token lockup and people start actually getting their cards. As good a time as any to accumulate enough to get a 50 MCO Ruby card, or get over the line for a 500 MCO space grey/rose gold card! More airport lounge type announcements would be perfect though! I really liked the insurance part of the features if they could bring it back to cardholders it would be really appreciated. Can you somehow stop whining about a feature that costs 9USD a YEAR and was replaced with a membership for Lounges that comes at 400+USD a year! Thank you! |
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emuLOAD
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January 13, 2018, 06:19:28 AM |
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Can you somehow stop whining about a feature that costs 9USD a YEAR and was replaced with a membership for Lounges that comes at 400+USD a year!
Thank you!
It like said $500000 on it! that was like, so much money!! -.- If Monaco does have _one_ defect, but this is true of crypto in general, is that it's bringing things that were reserved for the elites to people who really don't udnerstand how to value, evaluate, and navigate a certain echelon of the word. Best we can do is hope these people learn quikcly and don't damage the image of the card. |
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Celendion
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January 13, 2018, 09:54:23 AM |
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Guys I read that wavechest. was closed for Visa cards. Many cards it touched. What about Monaco, did it affect them? Or they use another bank emitet?
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trumpc2016
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January 13, 2018, 10:10:07 AM |
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Guys I read that wavechest. was closed for Visa cards. Many cards it touched. What about Monaco, did it affect them? Or they use another bank emitet?
No, Monaco is good. They have wirecard! |
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Riskylisk
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January 13, 2018, 10:16:11 AM |
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now nearly all cards banned and people searching debit crypto cards. Who can prepare a new card and spread to the market will got all market with decent commision rates of course
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Black Lizard
Newbie
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Activity: 25
Merit: 0
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January 13, 2018, 04:12:29 PM |
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MCO competitors are more aggressive (Centra Card), and I hope the team soon find out about this so MCO remains number # 1.
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lonesomestranger
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January 13, 2018, 06:10:25 PM |
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It is not a rumour, it's a fact, VISA shut down WaveCrest which were the card issuer for Europe! Unfortunately I am affected by this shut down, my VISA card account is closed, and affected companies already started refund procedure! Let's hope this issue wont happen again with other cards issuers! |
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lonesomestranger
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January 13, 2018, 06:17:14 PM |
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Guys I read that wavechest. was closed for Visa cards. Many cards it touched. What about Monaco, did it affect them? Or they use another bank emitet?
Luckily MCO is not affected, they dont work with WaveCrest, from what I've heard they are working with Wirecard, so they are fine |
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trumpc2016
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January 13, 2018, 09:26:42 PM |
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Guys I read that wavechest. was closed for Visa cards. Many cards it touched. What about Monaco, did it affect them? Or they use another bank emitet?
Luckily MCO is not affected, they dont work with WaveCrest, from what I've heard they are working with Wirecard, so they are fine You made 3 posts to say the same thing which discussed here many times  , WHY??? Why not 1 post ? MCO will dominate the market in coming months, thats for sure. |
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Deltadollar
Member
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Activity: 120
Merit: 10
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January 13, 2018, 10:17:27 PM |
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How did the car give aways work out? That was alot of money. Julian said it was gimmick.
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lonesomestranger
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January 13, 2018, 10:48:42 PM |
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Guys I read that wavechest. was closed for Visa cards. Many cards it touched. What about Monaco, did it affect them? Or they use another bank emitet?
Luckily MCO is not affected, they dont work with WaveCrest, from what I've heard they are working with Wirecard, so they are fine You made 3 posts to say the same thing which discussed here many times , WHY??? Why not 1 post ? MCO will dominate the market in coming months, thats for sure. Actually there are only 2 posts, not because it's your business, and I can post as often as I wish as long as I am not offending anyone and saying just my opinion! And btw how put you on charge? |
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Zabivelli
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January 13, 2018, 10:57:12 PM |
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I see, thanks guys  Not only the price is not going up because of this Binance competition, we are also getting hit buy the low price of Bitcoin. In any situation the BTC fluctuation isn't good for us, fellas  when it goes up MCO price gets rekt, when it goes down, MCO gets rekt again. I personally prefer when btc is low and mco makes a bull run. You end up with more btc. When btc is up you have more in fiat. When Binance has a competition, usually the price of the token goes up. What happened in this case for this scenario to happen? What happened? Tron 10x during competition. VEN up a little too. It's not only because they had a competition on Binance. When those other coins went up in price.. they were already under Pump and DUMP groups sight. while the competition is more to attract the whales, it's also an excellent opportunity for the Pump and dump groups to make lot's of money on this. |
Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free! |
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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January 14, 2018, 10:03:23 AM |
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MCO competitors are more aggressive (Centra Card), and I hope the team soon find out about this so MCO remains number # 1.
Centra TEch looks like a copycat. Even the distribution model looks similar. I think we are in the very early stages for such products but MCO seems much more legit and ready to take off. We have already seen real MCO cards in Bobby's hands. Let the card come to us and MCO will be a game changer. |
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divest.ted
Newbie
Offline
Activity: 98
Merit: 0
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January 14, 2018, 10:52:06 AM |
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MCO competitors are more aggressive (Centra Card), and I hope the team soon find out about this so MCO remains number # 1.
Centra TEch looks like a copycat. Even the distribution model looks similar. I think we are in the very early stages for such products but MCO seems much more legit and ready to take off. We have already seen real MCO cards in Bobby's hands. Let the card come to us and MCO will be a game changer. Centra hired a rapper and mayweather a boxer to endorse their product. That does not spell legitimacy it also is bad PR -- while Centra might grab a few fools in the tech world to back the product. The majority of us are a tad more intelligent than this or at least we like to think so. The branding looks cheap and that they are catering to a group of rappers with gold chains. The features on the card and the price of the card would not work in the real world environment. It might be able to stay in business in the Crypto world for awhile. But it is not a lasting product, it's not a sustainable model and is doomed to fail. Monaco's model is sustainable, renewable, will work and cross boundaries in and out of the crypto world. I could use the Monaco card or my Grandmother who drives a pink Mary Kay Cadillac would love to use it also. They have the branding that looks and feels good to use. When I pull out my Monaco Card I want to be proud of it and feel special when I use it. That is what Monaco is providing as a brand and a service. The other brands don't do this. This is why I buy More monaco on any dips. One final thought -- check out the Centra App and the Website. It looks and feels like a Cheap wordpress site. Nothing against wordpress but it doesn't look for feel good. That is not something I would order a Credit Card from. Right now Monaco is forcing card holders to order and verify through the App. For the majority of us its a fairly smooth process. I heard some are having a hard time scanning Passports for verification. But that was very very few. |
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