2bfree
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October 07, 2017, 10:55:04 AM |
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I use BTC debit cards in Europe and often they change my cards it's annoying!
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Zocadas
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October 08, 2017, 06:57:30 AM |
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Uquid offers also a card, that is independent from Visa/Mastercard. But they disabled their cards. I read somewhere in their blog, that they will start again of October, 10th, so their uquid card would also be served to Non-Europeam-Residents.
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Alphabit
Jr. Member
Offline
Activity: 54
Merit: 1
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October 13, 2017, 05:46:54 AM Merited by Symmetrick (1) |
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Hi Everyone,
This ban or restriction is unfortunate. Just when I ordered my Crypto card and was getting use to it. Wavecrest drop the bomb on us! It's smella like government and corporate banks tightening the rope on crypto. Whats astonishing is that most if not all of them are connected to Wavecrest!
It was very convenient for myself and others, to load my master or visa debit card with crypto to spend. From what I have read so far on this thread, is it only wagecan that offers this service that's not tied to Wavecrest and does issued crypto debit card worldwide outside of the European Territory?
I heard Wirex is working on a solution, just no official date as yet. There must be other options available now?
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warningsigns
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October 13, 2017, 07:09:35 AM |
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I don't believe it's exclusively Visa's move and decision to restrict these cards to certain parts of the world only. I'm convinced governments played a role in this decision. Visa has an interest in maximizing revenue and with that comes product expansion. You can't generate revenue by limiting products to certain countries only.
It's probably the US again, putting pressure on the EU and the UK which in turn orders Visa Europe to keep an eye on Wave Crest's card business.
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indr01
Member
Offline
Activity: 98
Merit: 10
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October 13, 2017, 09:09:06 AM |
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Cryptopay was using Wavecrest for its Visa debit cards and was caught in the shutdown along with all the others. To its credit, it quickly came up with a Plan B Mastercard offering, but it has just announced that it too must close. It might still be OK in Europe only. Specifically, you can still spend anything you have previously loaded on your Cryptopay Mastercard (virtual or plastic) but you can't load the cards any more. Cryptopay is apparently working to find a Plan C. I hope they succeed - they have been good to deal with. The end result is very odd, with Visa apparently having destroyed BTC debit cards for most of the world outside the EU, and now a Mastercard provider having a similar effect. Some argue that these cards just prolong fiat's dominance and that we should all be buying goods and services in crypto alone rather than fiat. I get it, but the crypto debit cards sure are were handy in the meantime. I hope the industry bounces back quickly. There is a solution (desentralized payment channel) that provides a crypto POS and issued their own card, and can be payment channel for the other crypto. They are doing ICO right now, You can check this link : https://pundix.com/
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2bfree
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October 13, 2017, 06:45:49 PM |
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Cryptopay was using Wavecrest for its Visa debit cards and was caught in the shutdown along with all the others. To its credit, it quickly came up with a Plan B Mastercard offering, but it has just announced that it too must close. It might still be OK in Europe only. Specifically, you can still spend anything you have previously loaded on your Cryptopay Mastercard (virtual or plastic) but you can't load the cards any more. Cryptopay is apparently working to find a Plan C. I hope they succeed - they have been good to deal with. The end result is very odd, with Visa apparently having destroyed BTC debit cards for most of the world outside the EU, and now a Mastercard provider having a similar effect. Some argue that these cards just prolong fiat's dominance and that we should all be buying goods and services in crypto alone rather than fiat. I get it, but the crypto debit cards sure are were handy in the meantime. I hope the industry bounces back quickly. There is a solution (desentralized payment channel) that provides a crypto POS and issued their own card, and can be payment channel for the other crypto. They are doing ICO right now, You can check this link : https://pundix.com/I don't see how they can solve this whenever you go to pull the fiat via a debit card they can cut you off there or am I missing somethiing?
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Knz
Newbie
Offline
Activity: 1
Merit: 0
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December 09, 2017, 01:03:00 PM |
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I ordered a WageCan Card.. 129USD Golden
Will see...
Any news ? Hi gaato77, Weiting from WageCan here. Thanks for supporting us. Just as a reminder, you could totally apply for a refund anytime before your card is shipped by emailing our customer service, with no question asked I ordered a WageCan Card.. 129USD Golden
Will see...
Do you have a refferal code to $129 ?
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FLoving
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December 09, 2017, 02:39:17 PM |
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Uquid offers also a card, that is independent from Visa/Mastercard. But they disabled their cards. I read somewhere in their blog, that they will start again of October, 10th, so their uquid card would also be served to Non-Europeam-Residents.
I do not think that they will be able to serve their cards to some other countries outside than Europe as it is only the card providers who decide that to which countries they give the cards. That is why none of the card provider is able to to provide without the rules of the card providers which is visa or mastercard.
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LeGaulois
Copper Member
Legendary
Offline
Activity: 2870
Merit: 4095
Top Crypto Casino
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December 09, 2017, 08:36:38 PM |
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You can replace with Revolut card. They will be accepting Bitcoin, Litecoin, and Ethereum very soon with instant exchanges to fiat. It will be for premium accounts firstly (8$ per month) You get a IBAN to use within the app. It's something a lot of their user asked and so they decided to add cryptos. So check out if your country is in their list.
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warningsigns
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December 09, 2017, 08:50:40 PM |
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You can replace with Revolut card. They will be accepting Bitcoin, Litecoin, and Ethereum very soon with instant exchanges to fiat. It will be for premium accounts firstly (8$ per month) You get a IBAN to use within the app. It's something a lot of their user asked and so they decided to add cryptos. So check out if your country is in their list.
Finally, that sounds like good news. Is that definite or is it still something being planned and uncertain? Even if they accept BTC/LTC/ETH, it's still sad to see these card issuers restrict their card operations to Europe or the US. Interesting how they all now compile "lists" of countries they approve of. It's like good guys in and bad guys out. Nice and naughty kids. I like Revolut's option of offering premium accounts and cards. Just sad that I do not qualify for an account. But thinking about it, this is not easy even for their customers. They probably have strict limits and I can imagine they operate like a bank or even PayPal. If you start withdrawing lots of money, they will freeze the account and start asking for documented sources of funds. What would be nice is a bank which exclusively caters to crypto users. There is something exciting being developed in Singapore and it looks promising: https://getchange.comCan't wait. I hope they will make this available to the entire planet.
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LeGaulois
Copper Member
Legendary
Offline
Activity: 2870
Merit: 4095
Top Crypto Casino
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December 10, 2017, 08:51:15 AM Last edit: December 10, 2017, 02:06:14 PM by LeGaulois |
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You can replace with Revolut card. They will be accepting Bitcoin, Litecoin, and Ethereum very soon with instant exchanges to fiat. It will be for premium accounts firstly (8$ per month) You get a IBAN to use within the app. It's something a lot of their user asked and so they decided to add cryptos. So check out if your country is in their list.
Finally, that sounds like good news. Is that definite or is it still something being planned and uncertain? Even if they accept BTC/LTC/ETH, it's still sad to see these card issuers restrict their card operations to Europe or the US. Interesting how they all now compile "lists" of countries they approve of. It's like good guys in and bad guys out. Nice and naughty kids. I like Revolut's option of offering premium accounts and cards. Just sad that I do not qualify for an account. But thinking about it, this is not easy even for their customers. They probably have strict limits and I can imagine they operate like a bank or even PayPal. If you start withdrawing lots of money, they will freeze the account and start asking for documented sources of funds. What would be nice is a bank which exclusively caters to crypto users. There is something exciting being developed in Singapore and it looks promising: https://getchange.comCan't wait. I hope they will make this available to the entire planet. It's already in place https://www.revolut.com/fr/cryptocurrency?lang=en or at least planned in the next following days but I think we can start to use it already. They are in partnership with 2-3 exchanges like coinbase. But you need to be a premium user or referer at least 3 users, and to be a citizen from the European Economic Area
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msukairi
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January 18, 2018, 09:14:32 AM |
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Hello all, Need a list of relieble services with non MyChoice/Wavecrest card issueing.
WageCan is a reliable bitcoin debit card. I also have a Mistertango card. Both cards work flawlessly. Both cards are not issued by Wave Crest. I’m not aware of other card services, apart from the two companies I mentioned above. Both are life savers. I used to load all my bitcoins on my Cryptopay card but they are temporarily not offering any cards. Are these cards ( WageCan and Mistertango ) working in Middle East specially in UAE, Bahrain and Saudi Arabia?
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