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Topic: Anyone been using Pyypl? It seems a potential virtual card can use crypto - page 3. (Read 752 times)

newbie
Activity: 8
Merit: 0
Of course, KYC is very necessary for this type of platform, they must have valid data on all their users to avoid money laundering and other dirty things like that.
legendary
Activity: 2338
Merit: 1261
Heisenberg
They better improve their service a 3.8 rating on Google Play is not good.
Reviews can be subjective. If I recall properly, they do have a 4.5 rating on App Store, but yeah, their KYC requests were so annoying. They keep asking from different details periodically and while they ask for those details they first freeze the accounts that remain unusable at all. This can definitely annoy customers who think they are already fully verified.
hero member
Activity: 938
Merit: 703
Are you familiar with Pyypl? Though it does require KYC, it could use crypto to create a virtual master card and be used everywhere.

Yes I have been using it for quite a long time now and posted many topic here about it. Our local banks don't offer any working cards for online shopping or transactions and anything related to crypto is prohibited, So Pyypl has been the only solution for me. But I can't say it's the best solution since it has also high fees and serval other issues with zero support. In 2023 it seems that the United Arab Emirates government is pressuring this financial services company to verify accounts and take other measures which led to even worse experience. I have had to submit my documents and go through the KYC process more than four times in one year.
Recently they faced even more issues where Abu Dhabi Global Market required Pyypl to pay $486,000 due to a lack of Anti Money Laundering measures and unauthorized activities as they were accused. And because of this, last week they temporarily stopped all the cards but they were reactivated fortunately.
 Personally, I prefer to withdraw all the funds inside and be cautious during this period for any scenario.
legendary
Activity: 2394
Merit: 2223
Signature space for rent
This is first time I read about this card I checked it on Google Play it has already been downloaded 5 million times, I know the figure is not right but could be anywhere close to that.

The latest reviews are very bad, those who will use this card better check those reviews on Google Play this may not be the card that you want that you think you can use on platforms that you expect to use like Netflix.

They better improve their service a 3.8 rating on Google Play is not good.
I think so. The I found a few days ago that the apps were not working after an update. I have seen some users already write about it on the Google Play Store. To be honest, I am not happy with their support system and app interface. I am just using it for what I need. It does help send funds into my bank account as remittances where the government doesn't ask any questions. Because it does consider freelancer earnings. So I cash out my crypto legally from there. Also, I can use the card virtually anywhere and keep it frozen when I don't need it. Anytime, I can unfreeze and make another payment.
legendary
Activity: 3416
Merit: 1225
This is first time I read about this card I checked it on Google Play it has already been downloaded 5 million times, I know the figure is not right but could be anywhere close to that.

The latest reviews are very bad, those who will use this card better check those reviews on Google Play this may not be the card that you want that you think you can use on platforms that you expect to use like Netflix.

They better improve their service a 3.8 rating on Google Play is not good.
legendary
Activity: 2394
Merit: 2223
Signature space for rent
Do you know how much we need to pay for creating cards, and what fees they have, since I found nothing about this on their website?
For each Master Card generation, they ask for $3 as a charge. You can create as many cards as you need. The card's name will be yours and you can use it without hassle instantly. You can freeze and unfreeze your cards at any time. I just enabled 2FA, and when I make any transactions through the card, the apps will ask for authorization. Their website doesn't have much information. You must download their apps if you like using their service.

It seems they have been using an auto-verification service. Not too strict like Binance or other exchanges. Regarding risk, it's everywhere online. So you need to secure your wallet, as always.
legendary
Activity: 2338
Merit: 1261
Heisenberg
What do you mean not strict, only names, address or all info that can be found on your ID? But why you just said you stop using them after asking serious KYC.
Sorry, maybe I didn't phrase it well.

What I meant is that in the verification process, it's like they never even checked what I had submitted. The documents I used get rejected by most platforms after a manual review, but this did not happen to me when I sent them over to pyypl. For example, the proof of address document which I used which was a bank statement which has a different address from that in my old Government issued National ID

If there'a no huge risk of them except of getting hacked, I guess they deserved to get bookmarked with just smaller amount, i guess.
The risk is always there. You don't see what is going to hit you until it's too late. Anyway, the amounts I use there are still little.
hero member
Activity: 1554
Merit: 880
pxzone.online
I noticed is the KYC isn't that strict, or they do it just for formality.
What do you mean not strict, only names, address or all info that can be found on your ID? But why you just said you stop using them after asking serious KYC.

If there'a no huge risk of them except of getting hacked, i guess they deserved to get bookmarked with just smaller amount, i guess.
legendary
Activity: 2338
Merit: 1261
Heisenberg
I used Pyypl way before they started asking for serious KYC verification. Initially, they just wanted names and emails address and then after several months, they asked for ID verification. Again, after a number of months, they wanted my proof of address but one thing I noticed is the KYC isn't that strict, or they do it just for formality.

- But I liked the service due to very low fees and no stupid card creation fees or monthly charges like I see with some services
- You can fund the account using crypto.

I have used the virtual creditcard to subscribe to a number of services and purchase a number of items from different online stores without any difficulties so far.
legendary
Activity: 2212
Merit: 7064
Are you familiar with Pyypl? Though it does require KYC, it could use crypto to create a virtual master card and be used everywhere. Funds could be sent through a banking channel as well as in a legal way that considers remittance.
I never heard about it, but I don't se any reason why people would use this instead of similar products from more reputable company, since both are asking for KYC verification.
Smaller company usually means more risk for hacks, frozen coins, and companies shutting down business without explanation.

Do you know how much we need to pay for creating cards, and what fees they have, since I found nothing about this on their website?
legendary
Activity: 2394
Merit: 2223
Signature space for rent
Are you familiar with Pyypl? Though it does require KYC, it could use crypto to create a virtual master card and be used everywhere. Funds could be sent through a banking channel as well as in a legal way that considers remittance.

I am not promoting it exactly; I am just curious if you guys are familiar with it. Pyypl solved a couple of problems, especially about virtual cards and bringing money into bank accounts in a legal way. I have been using it for a while and have never faced any issues. But if you don't want to submit KYC, then avoid it.
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