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Topic: Bitcoin debit card - page 139. (Read 293925 times)

full member
Activity: 184
Merit: 100
March 25, 2015, 05:03:10 PM
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
March 25, 2015, 05:00:54 PM
I want it so much Sad
hero member
Activity: 938
Merit: 500
March 25, 2015, 04:38:06 PM
A couple of updates, guys:

1) We have added the express delivery option to the website. The total price of card + express delivery is 0.2 BTC or $50. Unlike the free standard delivery (via Royal Mail) this goes via DHL and offers tracking possibility.
Probably not so useful for Europe, where standard delivery is quite quick and reliable, it does make sense for other countries, where local post often takes way too long and can sometimes lose packages.
Standard delivery is still free of charge, included in the card price of 0.04 BTC or $17.

2) We have created a brief video tutorial on how to use the service: https://www.youtube.com/watch?v=9Rwggmi8XAY&list=PLJ_8NLjmUQnKkmKk0BvMkRqx7izrNNDSw&index=2
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
March 20, 2015, 03:00:43 PM
I'd suggest lowering the fees or changing the structure of them. One and two percent is quite a bit when you consider tax and all other fees. I would be interested in having one of these but because of the 2% fee I'm going to hold off for now. The cost in the long run isn't efficient for me and outweighs the convenience of the card.

oh i must have seen that wrong i thought was going to be different fee

the  question of fees is not as straightforward as it may seem.
Quite a few companies out there declare very low or no fees at all, but when you look at the BTC/fiat exchange rates, that's where the interesting part starts. We openly declare a 2% fee for converting BTC into fiat and loading onto the card - look at the exchange rate though. The one you get from www.e-coin.io is one of the best out there, and even with the card loading fee it is still much better than most other options on the market

fair enough, thanks for the clarification  Cool
full member
Activity: 184
Merit: 100
March 20, 2015, 02:57:09 AM
wow that is harsh i wonder if can be reset or what can be done in cases like this

Its not "harsh". To be clear, you do not need to use mychoice website at all, e-coin.io dont even advertise the site, I just figured it could work because mychoice is the company that issued the card. It worked for a while, I still get SMS and email alerts from them, but I cant use their site anymore. The card itself works fine, e-coin.io's own website works just fine (but offers no sepa transfers).  The card still does what its adverised for.

sent your a private message regarding login problem with MyChoice
hero member
Activity: 938
Merit: 500
March 18, 2015, 07:00:28 AM
I'd suggest lowering the fees or changing the structure of them. One and two percent is quite a bit when you consider tax and all other fees. I would be interested in having one of these but because of the 2% fee I'm going to hold off for now. The cost in the long run isn't efficient for me and outweighs the convenience of the card.

oh i must have seen that wrong i thought was going to be different fee

the  question of fees is not as straightforward as it may seem.
Quite a few companies out there declare very low or no fees at all, but when you look at the BTC/fiat exchange rates, that's where the interesting part starts. We openly declare a 2% fee for converting BTC into fiat and loading onto the card - look at the exchange rate though. The one you get from www.e-coin.io is one of the best out there, and even with the card loading fee it is still much better than most other options on the market
legendary
Activity: 980
Merit: 1040
March 17, 2015, 03:52:59 PM
wow that is harsh i wonder if can be reset or what can be done in cases like this

Its not "harsh". To be clear, you do not need to use mychoice website at all, e-coin.io dont even advertise the site, I just figured it could work because mychoice is the company that issued the card. It worked for a while, I still get SMS and email alerts from them, but I cant use their site anymore. The card itself works fine, e-coin.io's own website works just fine (but offers no sepa transfers).  The card still does what its adverised for.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
March 17, 2015, 03:22:11 PM

Well, potentially you can.

How? When I first got the card, I managed to log in to Mychoice website and register the card there, and I saw an option to fund the card through SEPA. However, lately Mychoice asks for the last digits of my social security number, which I dont have, and havent provided, so I can not log in there anymore.

is your card still working?

wow that is harsh i wonder if can be reset or what can be done in cases like this
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
March 17, 2015, 03:18:42 PM
I'd suggest lowering the fees or changing the structure of them. One and two percent is quite a bit when you consider tax and all other fees. I would be interested in having one of these but because of the 2% fee I'm going to hold off for now. The cost in the long run isn't efficient for me and outweighs the convenience of the card.

oh i must have seen that wrong i thought was going to be different fee
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
March 17, 2015, 03:17:39 PM
unverified, mean anonymous? also euro is available?

There must be limits for this?

There are limits. The most important is $2500 max load per year. Once verified, you may have unlimited balance.
You can withdraw $400/ €400/£320 per day if your E-Coin account is not verified and $1200/ €1000/£800 per day once you have become a verified account holders.
All online/POS payments are unlimited.

2500 is a bit too low, could this be rised in the future, there a replans for that?

also withdrawal work on every atm? you may need to choose "international" i suppose

got to take them baby steps  Wink
legendary
Activity: 980
Merit: 1040
March 12, 2015, 05:30:11 PM

Well, potentially you can.

How? When I first got the card, I managed to log in to Mychoice website and register the card there, and I saw an option to fund the card through SEPA. However, lately Mychoice asks for the last digits of my social security number, which I dont have, and havent provided, so I can not log in there anymore.

is your card still working?

Yes. The social security thing was introduced over a month ago, maybe two. No problems with the card, just impossible to use mychoice website. Cant log in with the card number because it requires the SS number, and I cant log in with my email/pw account I made earlier, either I forgot my password there, or it no longer works, and resetting the password doesnt work either, I never the get email that supposedly lets me reset it.
full member
Activity: 184
Merit: 100
March 12, 2015, 03:11:14 PM

Well, potentially you can.

How? When I first got the card, I managed to log in to Mychoice website and register the card there, and I saw an option to fund the card through SEPA. However, lately Mychoice asks for the last digits of my social security number, which I dont have, and havent provided, so I can not log in there anymore.

is your card still working?
legendary
Activity: 980
Merit: 1040
March 12, 2015, 06:03:56 AM

Well, potentially you can.

How? When I first got the card, I managed to log in to Mychoice website and register the card there, and I saw an option to fund the card through SEPA. However, lately Mychoice asks for the last digits of my social security number, which I dont have, and havent provided, so I can not log in there anymore.
member
Activity: 63
Merit: 11
March 12, 2015, 05:51:41 AM
I'm very sad that this debit card didn't exist for every country in the world i will really like to buy it and use it
in my country  Undecided . Also how can i charge it ? with banks , would that take a lot of taxes ??

we support about 150 countries, you can transfer your BTC to card and use it everywhere
I mean how could i transfer fiat to this debit card and also a question when will this beta ? any new features , rules
will came ?

Well, potentially you can. However, this is not what the card is designed for. This is a bitcoin debit card.
full member
Activity: 226
Merit: 100
March 11, 2015, 06:00:30 PM
I'm very sad that this debit card didn't exist for every country in the world i will really like to buy it and use it
in my country  Undecided . Also how can i charge it ? with banks , would that take a lot of taxes ??

we support about 150 countries, you can transfer your BTC to card and use it everywhere
I mean how could i transfer fiat to this debit card and also a question when will this beta ? any new features , rules
will came ?
legendary
Activity: 1022
Merit: 1000
March 11, 2015, 05:55:36 PM
I'd suggest lowering the fees or changing the structure of them. One and two percent is quite a bit when you consider tax and all other fees. I would be interested in having one of these but because of the 2% fee I'm going to hold off for now. The cost in the long run isn't efficient for me and outweighs the convenience of the card.

even with 2% fee our BTC/USD rate is far better than rate offered on many bitcoin exchanges, so I would recommend just try it

It depends on the amount of cash you are trying to withdraw because it can be a lot less. I can sell $2,000 in btc on the forum and have it in my bank account ready to spend within a day though so even though it's a good idea, I have more efficient ways to convert my btc right now. How were you able to partner with Visa? Was it a long process? What is your agreement with them? I think including your agreement with Vids would make people feel more comfortable with using your card as it can back up your legitimacy since you're account is pretty new.
full member
Activity: 184
Merit: 100
March 11, 2015, 05:45:07 PM
I'm very sad that this debit card didn't exist for every country in the world i will really like to buy it and use it
in my country  Undecided . Also how can i charge it ? with banks , would that take a lot of taxes ??

we support about 150 countries, you can transfer your BTC to card and use it everywhere
full member
Activity: 226
Merit: 100
March 11, 2015, 05:42:50 PM
I'm very sad that this debit card didn't exist for every country in the world i will really like to buy it and use it
in my country  Undecided . Also how can i charge it ? with banks , would that take a lot of taxes ??
full member
Activity: 184
Merit: 100
March 11, 2015, 04:11:30 PM
I'd suggest lowering the fees or changing the structure of them. One and two percent is quite a bit when you consider tax and all other fees. I would be interested in having one of these but because of the 2% fee I'm going to hold off for now. The cost in the long run isn't efficient for me and outweighs the convenience of the card.

even with 2% fee our BTC/USD rate is far better than rate offered on many bitcoin exchanges, so I would recommend just try it
legendary
Activity: 1022
Merit: 1000
March 11, 2015, 02:00:53 PM
I'd suggest lowering the fees or changing the structure of them. One and two percent is quite a bit when you consider tax and all other fees. I would be interested in having one of these but because of the 2% fee I'm going to hold off for now. The cost in the long run isn't efficient for me and outweighs the convenience of the card.
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