ANX launches world's first Bitcoin Debit Card powered by an exchange - page 2.

byt411

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Quote from: 21pilot on July 28, 2014, 01:02:02 PM

Quote from: byt411 on July 28, 2014, 12:23:04 PM

Quote from: bernard75 on July 28, 2014, 11:43:08 AM

Quote from: byt411 on July 10, 2014, 11:01:06 PM

Quote from: bernard75 on July 10, 2014, 10:49:24 PM

A little more details like limits and fees would be great, before one signs up for something.

Quote from: bernard75 on July 10, 2014, 11:05:34 PM

Also no fees for withdrawing cash from ATMs?

The limits would be the amount of currency that you have loaded onto the card, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

FFS:
1. The cards cost 25$ now.
2. There is a 3300$ limit.
3. There is a maximum cash withdrawal limit of 200$ per day.
4. ATM fee is 2.75$.
5. There is a 3% currency conversion fee.

What kind of business are you guys running?!?
Did your customers know about this? Shocked

I don't know about the conversion fee :/
I'm very sorry about this, but I've been passing along new information to you guys as it becomes available. I was mislead too.
Details weren't correct back then. I apologize for the inconvenience.

no problem, but I´ve also read on one of the earlier thread pages that you planned to introduce additional
currencies.

I think except from me also many other users from Europe would be interested in this Wink

I'd be interested too, and be assured, I will inform you guys when that happens. I'm from Europe too!
Sadly, the card with the ANX design is out of stock right now. All we got is cards with a design from the issuer.
For those of you who don't know, the card reloading GUI is now up.

21pilot

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Activity: 252

Merit: 250

Quote from: byt411 on July 28, 2014, 12:23:04 PM

Quote from: bernard75 on July 28, 2014, 11:43:08 AM

Quote from: byt411 on July 10, 2014, 11:01:06 PM

Quote from: bernard75 on July 10, 2014, 10:49:24 PM

A little more details like limits and fees would be great, before one signs up for something.

Quote from: bernard75 on July 10, 2014, 11:05:34 PM

Also no fees for withdrawing cash from ATMs?

The limits would be the amount of currency that you have loaded onto the card, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

FFS:
1. The cards cost 25$ now.
2. There is a 3300$ limit.
3. There is a maximum cash withdrawal limit of 200$ per day.
4. ATM fee is 2.75$.
5. There is a 3% currency conversion fee.

What kind of business are you guys running?!?
Did your customers know about this? Shocked

I don't know about the conversion fee :/
I'm very sorry about this, but I've been passing along new information to you guys as it becomes available. I was mislead too.
Details weren't correct back then. I apologize for the inconvenience.

no problem, but I´ve also read on one of the earlier thread pages that you planned to introduce additional
currencies.

I think except from me also many other users from Europe would be interested in this Wink

byt411

hero member

Activity: 798

Merit: 1000

Quote from: bernard75 on July 28, 2014, 11:43:08 AM

Quote from: byt411 on July 10, 2014, 11:01:06 PM

Quote from: bernard75 on July 10, 2014, 10:49:24 PM

A little more details like limits and fees would be great, before one signs up for something.

Quote from: bernard75 on July 10, 2014, 11:05:34 PM

Also no fees for withdrawing cash from ATMs?

The limits would be the amount of currency that you have loaded onto the card, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

FFS:
1. The cards cost 25$ now.
2. There is a 3300$ limit.
3. There is a maximum cash withdrawal limit of 200$ per day.
4. ATM fee is 2.75$.
5. There is a 3% currency conversion fee.

What kind of business are you guys running?!?
Did your customers know about this? Shocked

I don't know about the conversion fee :/
I'm very sorry about this, but I've been passing along new information to you guys as it becomes available. I was mislead too.
Details weren't correct back then. I apologize for the inconvenience.

bernard75

legendary

Activity: 1316

Merit: 1003

Quote from: byt411 on July 10, 2014, 11:01:06 PM

Quote from: bernard75 on July 10, 2014, 10:49:24 PM

A little more details like limits and fees would be great, before one signs up for something.

Quote from: bernard75 on July 10, 2014, 11:05:34 PM

Also no fees for withdrawing cash from ATMs?

The limits would be the amount of currency that you have loaded onto the card, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

FFS:
1. The cards cost 25$ now.
2. There is a 3300$ limit.
3. There is a maximum cash withdrawal limit of 200$ per day.
4. ATM fee is 2.75$.
5. There is a 3% currency conversion fee.

What kind of business are you guys running?!?
Did your customers know about this? Shocked

bernard75

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Activity: 1316

Merit: 1003

You can bet on it, here are the cards official fees:

byt411

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Activity: 798

Merit: 1000

Quote from: bernard75 on July 28, 2014, 11:11:29 AM

Quote from: bahamapascal on July 28, 2014, 08:43:18 AM

Transaction Type (per transaction) Fee Deducted from
ATM Withdrawal $2.75 Debit Card
ATM Withdrawal Decline $1.25 Debit Card
POS Purchase $1.50 Debit Card
POS Purchase Decline $0.20 Debit Card
Monthly Fee N/A N/A
Card Load Fee $5 USD+2.5% of total amount ANX Account
Card Unload Fee $10 USD Debit Card

Thank you for that. It was impossible to get that information here.

Quote from: Benjig on July 14, 2014, 05:39:09 PM

Quote from: bernard75 on July 14, 2014, 05:35:06 PM

Either you guys dont understand me or you are intentionally dodging very simple questions:
Is the issuer of the cards levying any additional fees or using different exchange rates than Visas official one?

Only visa official ones when i said bank rates i was refering to visa rates.
Regards

I wonder what surprises you guys have up your sleeve next.
Maybe the 3% currency conversion fee mBank is charging?

Hmm... I don't think so, but I am not going to promise anything, since I'm just a support member. I personally hope they don't add any more fees.
Fees and other information is available in the ANXPRO FAQ, or you can just ask me.

bernard75

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Activity: 1316

Merit: 1003

Quote from: bahamapascal on July 28, 2014, 08:43:18 AM

Transaction Type (per transaction) Fee Deducted from
ATM Withdrawal $2.75 Debit Card
ATM Withdrawal Decline $1.25 Debit Card
POS Purchase $1.50 Debit Card
POS Purchase Decline $0.20 Debit Card
Monthly Fee N/A N/A
Card Load Fee $5 USD+2.5% of total amount ANX Account
Card Unload Fee $10 USD Debit Card

Thank you for that. It was impossible to get that information here.

Quote from: Benjig on July 14, 2014, 05:39:09 PM

Quote from: bernard75 on July 14, 2014, 05:35:06 PM

Either you guys dont understand me or you are intentionally dodging very simple questions:
Is the issuer of the cards levying any additional fees or using different exchange rates than Visas official one?

Only visa official ones when i said bank rates i was refering to visa rates.
Regards

I wonder what surprises you guys have up your sleeve next.
Maybe the 3% currency conversion fee mBank is charging?

byt411

hero member

Activity: 798

Merit: 1000

Quote from: bahamapascal on July 28, 2014, 08:43:18 AM

As there seems to be quite a bit of confusion regarding the Fees for using the Card, here is what I got from support in respons to my question:

Debid Card fees (acording to anx customer support):

Transaction Type (per transaction) Fee Deducted from
ATM Withdrawal $2.75 Debit Card
ATM Withdrawal Decline $1.25 Debit Card
POS Purchase $1.50 Debit Card
POS Purchase Decline $0.20 Debit Card
Monthly Fee N/A N/A
Card Load Fee $5 USD+2.5% of total amount ANX Account
Card Unload Fee $10 USD Debit Card

I am just in the process of ordering my Card, I will give a feedback once I have recived and used it.

Yes, those fees are correct. The customer above you was just a bit confused.

bahamapascal

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As there seems to be quite a bit of confusion regarding the Fees for using the Card, here is what I got from support in respons to my question:

Debid Card fees (acording to anx customer support):

Transaction Type (per transaction) Fee Deducted from
ATM Withdrawal $2.75 Debit Card
ATM Withdrawal Decline $1.25 Debit Card
POS Purchase $1.50 Debit Card
POS Purchase Decline $0.20 Debit Card
Monthly Fee N/A N/A
Card Load Fee $5 USD+2.5% of total amount ANX Account
Card Unload Fee $10 USD Debit Card

I am just in the process of ordering my Card, I will give a feedback once I have recived and used it.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: 21pilot on July 28, 2014, 03:31:08 AM

Quote from: byt411 on July 11, 2014, 03:27:03 PM

...

Quote from: PolarPoint on July 11, 2014, 02:44:16 PM

If I load 1btc into the card and the current market price is $600. How much will I have on the debit card?
Do you charge exchange fee on top of the recharge fee?
1btc x $600 - ?% exchange fee - 2.5% recharge fee

No, we don't charge an exchange fee if all you do is load up your card. It would be

1BTC x $600 x 0.975 = $585.

I´m thinking about ordering the debit card.

However I still have a question about this example, because I live in Europe and therefore I will probably pay additional
fees if I withdraw at an ATM with the debit card because of the involved currency conversion.

On VISAs homepage I only find the statement:

Quote

Your payment service provider may or may not apply currency conversion fees. Refer to your issuer’s terms and conditions to find out more about this.

That means that basically you as ANX are responsible for the fees? Or is there a third party from which you get the VISA cards?

Please simply update the example for a citizen from Europe Grin

1BTC x $600 x 0.975 * x.xxx = $xxx

Thank you for your help.

Assuming that the current price is $600, and you load the card with 1BTC and then immediately withdraw from ATM, you would get:
0.966875BTC

And then, when you withdraw, 0.00458333333BTC would be deducted, leaving you with 0.96229166667BTC.

21pilot

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Activity: 252

Merit: 250

Quote from: byt411 on July 11, 2014, 03:27:03 PM

...

Quote from: PolarPoint on July 11, 2014, 02:44:16 PM

If I load 1btc into the card and the current market price is $600. How much will I have on the debit card?
Do you charge exchange fee on top of the recharge fee?
1btc x $600 - ?% exchange fee - 2.5% recharge fee

No, we don't charge an exchange fee if all you do is load up your card. It would be

1BTC x $600 x 0.975 = $585.

I´m thinking about ordering the debit card.

However I still have a question about this example, because I live in Europe and therefore I will probably pay additional
fees if I withdraw at an ATM with the debit card because of the involved currency conversion.

On VISAs homepage I only find the statement:

Quote

Your payment service provider may or may not apply currency conversion fees. Refer to your issuer’s terms and conditions to find out more about this.

That means that basically you as ANX are responsible for the fees? Or is there a third party from which you get the VISA cards?

Please simply update the example for a citizen from Europe Grin

1BTC x $600 x 0.975 * x.xxx = $xxx

Thank you for your help.

Benjig

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Activity: 462

Merit: 250

Bump, Our Bitcoin Debit Card is currently in stock! Get yours.

byt411

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Activity: 798

Merit: 1000

Quote from: bernard75 on July 24, 2014, 12:02:30 AM

Any experiences yet?
At least with the shipping process?

If you check our facebook page, you will see that we have some photos of satisfied customers with the card.

bernard75

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Activity: 1316

Merit: 1003

Any experiences yet?
At least with the shipping process?

byt411

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Activity: 798

Merit: 1000

Quote from: Skele on July 16, 2014, 08:49:06 PM

Amazing stuff you did, i was wondering where do you get so many dollars for exchange, 2.5% fee whoa, nice bussines you're doing over there. Anyways, thanks for the really innovating service and let's request for it...

ANX has already shipped out the first batch of debit cards, and we have received the second batch in our office! Reserve now, there are many more batches coming soon.

Skele

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Activity: 224

Merit: 100

VocalPlatform.com

Amazing stuff you did, i was wondering where do you get so many dollars for exchange, 2.5% fee whoa, nice bussines you're doing over there. Anyways, thanks for the really innovating service and let's request for it...

Benjig

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Activity: 462

Merit: 250

Quote from: jbreher on July 16, 2014, 03:24:25 PM

Quote from: Benjig on July 16, 2014, 02:07:22 PM

What kind of info do you want?

Some sort of statement from Visa that your cards are honored on their network would be helpful.

You can wait to see first users to be able to use their card on any merchant or ATM, this will prove they are Visa, it would be non-sense for us to make hundreds of cards useless so the first user who receive it can state that they dont work and the rest of cards would be useless, not very smart from our side.

Anyway i will give you a list of visa stating us, or you can call directly to visa to get the proof by yourself.

Regards

ANXPRO

jbreher

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Quote from: Benjig on July 16, 2014, 02:07:22 PM

What kind of info do you want?

Some sort of statement from Visa that your cards are honored on their network would be helpful.

byt411

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Activity: 798

Merit: 1000

Quote from: Benjig on July 16, 2014, 02:07:22 PM

The exchange is very trusted, and the debit cards are on first stage but they will be delivered soon.
We are not any exchange, The ANX Headquarters are located at: Unit 701, 7/F, The Sun's Group Centre, 200 Gloucester Road, Wanchai, Hong Kong.

We have Atms (http://i.imgur.com/eQSJlaa.jpg) there and we cant wait you too meet you in person.
What kind of info do you want?

ANXPRO

Actually, the first batch of ANXPRO cards have already been shipped.

Benjig

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Activity: 462

Merit: 250

The exchange is very trusted, and the debit card first batch has already been shipped.
We are not any exchange, The ANX Headquarters are located at: Unit 701, 7/F, The Sun's Group Centre, 200 Gloucester Road, Wanchai, Hong Kong.

We have Atms (http://i.imgur.com/eQSJlaa.jpg) there and we cant wait you too meet you in person.
What kind of info do you want?

ANXPRO

Topic: ANX launches world's first Bitcoin Debit Card powered by an exchange - page 2. (Read 17420 times)