[2014-08-05] Xapo Responds to Backlash Over Bitcoin Debit Card Fees

[Kprawn]

http://www.coindesk.com/xapo-faces-online-backlash-debit-card-fees/

California-based bitcoin wallet provider Xapo is facing community backlash following the release of its latest product, the Xapo Debit Card.

If the fees are high, it kills the dreams of BTC period! Do not blame the third-party provider, you negotiated with them. before you signed with them.

[lyth0s]

Yeah I really don't see many people using the Xapo card after that. $5 monthly fee + shipping fee + replacement fee + ATM fee, heck they even charge you a fee to change you PIN >.< 

[CoinMode]

Yeah I really don't see many people using the Xapo card after that. $5 monthly fee + shipping fee + replacement fee + ATM fee, heck they even charge you a fee to change you PIN >.< 

How much do you want to bet that all of these new, unannounced fees are due to pressure from a combination of investors and management that were actually trying to kill the company all along?

[odolvlobo]

Yeah I really don't see many people using the Xapo card after that. $5 monthly fee + shipping fee + replacement fee + ATM fee, heck they even charge you a fee to change you PIN >.< 

Those fees are typical for prepaid debit cards.