Anybody here uses Shift or Xapo debit card? - page 4.

DARKANGEL6415

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Quote from: YinShuiSiYuan on December 17, 2014, 07:11:54 PM

Quote from: DARKANGEL6415 on December 17, 2014, 01:33:50 PM

Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

that is FREAKING AWESOME dude so even though you are in canada, the funds in the card are in USD is this correct? If it is correct is there some reason why it is not in Canadian dollars. Again let me say how cool it is, if i may ask how long did it take you to receive the card from when you order it. If you come to the USA are you able to use the card in the USA and IF you use the card in the USA will you have to pay the 3% conversion?

This is him essentially using a "bank" (xapo) and whenever he uses his card he is essentially selling bitcoin.

I would much rather see a higher merchant adoption rate then more people using xapo

true i agree with what you are saying but this is still awsome it is a step in the right direction in my humble opinion i would say. I am sure as time passes more and more merchants will allow use of bitcoin asap it is just i am sure they affraid of having to wait for confirmations. Imagine being at walmart and having to wait for even 1 confirmations lol

DonQuijote

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Xapo its not available for all countries

YinShuiSiYuan

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Quote from: DARKANGEL6415 on December 17, 2014, 01:33:50 PM

Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

that is FREAKING AWESOME dude so even though you are in canada, the funds in the card are in USD is this correct? If it is correct is there some reason why it is not in Canadian dollars. Again let me say how cool it is, if i may ask how long did it take you to receive the card from when you order it. If you come to the USA are you able to use the card in the USA and IF you use the card in the USA will you have to pay the 3% conversion?

This is him essentially using a "bank" (xapo) and whenever he uses his card he is essentially selling bitcoin.

I would much rather see a higher merchant adoption rate then more people using xapo

knight22

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Quote from: DARKANGEL6415 on December 17, 2014, 01:33:50 PM

Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

that is FREAKING AWESOME dude so even though you are in canada, the funds in the card are in USD is this correct?

No. There is no funds in the card. All the funds are in bitcoin in my Xapo wallet. The way in works is this: when I swipe the card at a POS the bitcoins are automatically and instantly deducted from my Xapo wallet and converted in USD then in local cash (supported internationally) to my card then sent to the merchant. All this in about 5 sec. I even receive a message from Xapo on my phone that I just did a transaction with the card. This is pretty slick.

Quote from: DARKANGEL6415 on December 17, 2014, 01:33:50 PM

If it is correct is there some reason why it is not in Canadian dollars.

They only support USD, EUR and GBP at the moment if I remember right. Probably because it is less complicated to handle that way.

Quote from: DARKANGEL6415 on December 17, 2014, 01:33:50 PM

Again let me say how cool it is, if i may ask how long did it take you to receive the card from when you order it.

It took a while, like 2-3 month. I sent them an email recently to know what was going on with the card and they replied back telling me that I should receive it in 10 business days (which I did) warning me that the system is still in beta and might have some bugs.

Quote from: DARKANGEL6415 on December 17, 2014, 01:33:50 PM

If you come to the USA are you able to use the card in the USA

Yes.

Quote from: DARKANGEL6415 on December 17, 2014, 01:33:50 PM

and IF you use the card in the USA will you have n?to pay the 3% conversio

I don't think so. Unfortunately, I don't think they ship the card yet to US residents because of legal complications.

DARKANGEL6415

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Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

that is FREAKING AWESOME dude so even though you are in canada, the funds in the card are in USD is this correct? If it is correct is there some reason why it is not in Canadian dollars. Again let me say how cool it is, if i may ask how long did it take you to receive the card from when you order it. If you come to the USA are you able to use the card in the USA and IF you use the card in the USA will you have to pay the 3% conversion?

okae

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About Xapo i think the fees are not so bad also there is no monthly fees or fees for swiping, so as you can see is a good chooise, btw you have the fee conversion 3% if im not wrong, but honestly, is not so bad compare to others.

Btw im reading that ppl are having some problems on his credits cards orders, i mean they delayed a lot, let hope nobody gets probems with it...

knight22

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Quote from: pawel7777 on December 17, 2014, 04:35:29 AM

Quote from: knight22 on December 16, 2014, 10:59:41 PM

Yes because I don't live in a country where they support the currency. Otherwise it's free.

Do I get this right, they only charge you a fee for CAD to USD conversion?
Are you sure there are no other fees/monthly service charge? How do they make a profit then?

I'm pretty sure there are no other fees and I have no idea how they are making a profit.

Quote from: pawel7777 on December 17, 2014, 04:35:29 AM

Have they provided any updated fee structure?

Not that I am aware of.

knight22

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Quote from: BITMIXER.IO on December 17, 2014, 08:38:40 AM

Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

When did you order the card? I know many people still waiting (months) for preordered cards.

I sent them an email asking what's going on with the card I ordered and they replied me telling me they will send me one. I received it in the mail 10 days later.

BITMIXER.IO

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Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

When did you order the card? I know many people still waiting (months) for preordered cards.

pawel7777

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Quote from: knight22 on December 16, 2014, 10:59:41 PM

Yes because I don't live in a country where they support the currency. Otherwise it's free.

Do I get this right, they only charge you a fee for CAD to USD conversion?
Are you sure there are no other fees/monthly service charge? How do they make a profit then?

Have they provided any updated fee structure?

bornil267645

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AltoCenter.com

I applied for the debit card a long time ago... Still pending...

vm_mpn

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Copy that K... Thanks!

knight22

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Quote from: vm_mpn on December 16, 2014, 10:50:09 PM

Quote from: knight22 on December 16, 2014, 10:39:09 PM

Quote from: vm_mpn on December 16, 2014, 10:22:17 PM

Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

That's cool... So, what's the fees?

I'm paying a 3% fee for currency conversion since the debit card is USD and I'm located in Canada. That's all.

So, if you use your DC to buy goods at your local store you are still getting charged 3%? Do I understand this correctly?

Yes because I don't live in a country where they support the currency. Otherwise it's free.

vm_mpn

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Quote from: knight22 on December 16, 2014, 10:39:09 PM

Quote from: vm_mpn on December 16, 2014, 10:22:17 PM

Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

That's cool... So, what's the fees?

I'm paying a 3% fee for currency conversion since the debit card is USD and I'm located in Canada. That's all.

So, if you use your DC to buy goods at your local store you are still getting charged 3%? Do I understand this correctly?

knight22

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Quote from: vm_mpn on December 16, 2014, 10:22:17 PM

Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

That's cool... So, what's the fees?

I'm paying a 3% fee for currency conversion since the debit card is USD and I'm located in Canada. That's all.

vm_mpn

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Quote from: knight22 on December 16, 2014, 09:37:36 PM

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

That's cool... So, what's the fees?

knight22

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Activity: 1372

Merit: 1000

--------------->¿?

I just received my Xapo debit card and it works pretty well. It's funny to think that if I receive my wages (I can't since my employer is not in US) through https://www.bitwage.co/ to my Xapo bitcoin address I can literally be 100% functional in society with no bank account. I can even mitigate the risks of volatility with https://bitreserve.org/

My mind is kind of blown out.

DARKANGEL6415

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Quote from: pawel7777 on December 15, 2014, 05:31:19 PM

Quote from: tibux on December 15, 2014, 05:14:14 PM

Hi All,

For all the Debit Card that Xapo sent out they waived the fees for all users who got the card so I think they are honoring it.
They are no monthly fees or fees for swiping. You have the typical fees for spending overseas because of FX rates.

T

That's a great news. But if it's true why they haven't updated the fee schedule on their website?
When you google "xapo fees" you get this:

http://support.xapo.com/95219-What-fees-are-associated-with-the-Xapo-Debit-Card

Did they waived the fees only for the first customers, who complained to be mis-leaded?

wow i had never seen the fees on xapo card that is crazy. Is there any other place for people in USA where can get like debit card and can use bitcoin for real time purchases where it auto converts btc to cash

pawel7777

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Quote from: tibux on December 15, 2014, 05:14:14 PM

Hi All,

For all the Debit Card that Xapo sent out they waived the fees for all users who got the card so I think they are honoring it.
They are no monthly fees or fees for swiping. You have the typical fees for spending overseas because of FX rates.

T

That's a great news. But if it's true why they haven't updated the fee schedule on their website?
When you google "xapo fees" you get this:

http://support.xapo.com/95219-What-fees-are-associated-with-the-Xapo-Debit-Card

Did they waived the fees only for the first customers, who complained to be mis-leaded?

tibux

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Hi All,

For all the Debit Card that Xapo sent out they waived the fees for all users who got the card so I think they are honoring it.
They are no monthly fees or fees for swiping. You have the typical fees for spending overseas because of FX rates.

T

Topic: Anybody here uses Shift or Xapo debit card? - page 4. (Read 8148 times)