Personally i wait for new relase of Cryptopay.me Bitcoin Debit Card, but last info from their support is from 27th February: "Our platform is 80% ready to incorporate a new card program, so there are still some technical changes and practicalities left before we launch it. The cards should become available in a couple of months."
I wrote info to them about this Wirex announcement, maybe it will speed up their work
Why would you wrote above? Cryptopay.me has high fees and fixed monthly maintenance fee.
There were and will be card issuers who will provide us with prepaid card service for 1% of converted crypto via some best shapeshift or bitpay exchange rate.
This is year of regulation and we just need to HODL at the moment.
I've just checked cryptopay and I have a bad feeling about it...
They are also working as an exchange and giving out loans with bitcoin as collateral.
I really wonder if they have the done all the paperwork required to offer those services.
As for the fees...
Card price €15.00
Domestic ATM Transaction €2.25
Foreign transaction fee 3%
Monthly service fee €1.00
Loading fee 1%
With those prices I'm far better of just withdrawing from Kraken to my ING account
...
I also need a card but I want it just for small online purchases.
I don't want the plastic, and I don't want to pay that 40$ fee, especially since I'm going to purchase stuff under <100 and only one time.
Also, I'm OK with any verification whatsoever
Suggestions?
The virtual debit cards that are offered by Neteller could be an option for you.
They are valid Mastercards and can be used at any online shop that
accepts Mastercard.
You can fund your Neteller account with Bitcoin for a 1 % fee (on top of the Bitcoin
transaction fee).
If you never order the physical Net+ Mastercard, you won´t need to
pay any additional fees apart from the Bitcoin deposit fee.
And now a bit of feedback for this card....although a little late.
Loading went well but purchases are a real pain in the ass.
I don't know if it's the fault of the merchant or the Mastercard but twice I got an error of invalid transactions and the funds were returned in my account between 3 and 5 days....
Good thing I don't need them anymore.