Bitcoin Powered Credit Card ??? - page 2.

Wintersoldier

sr. member

Activity: 966

Merit: 274

Quote from: merlinsbeard on February 08, 2017, 07:26:20 PM

Because BTC transactions are irreversible for the most part, a bitcoin-powered credit card would have to have increased interest rates compared to regular credit cards. There are also many credit card consumer protection laws that regulate hidden fees, ect for regular cards. There is also centralized credit score agencies that offset credit card companies' risk.

Compared to these cons, I do not see much reason to create BTC-powered credit cards. And besides, the point of btc is to be P2P and decentralized.

Hence, it is not a good idea to have a bitcoin powered credit card. I think it is better to use virtual card that using bitcoin powered credit card since virtual card allows you to purchase any stuffs online. Digital currency is better to be used just online, not in every day's life. However, it can be converted into fiat money and use it to pay regular credit card, so that there would be no charge and no risk.

ImHash

hero member

Activity: 924

Merit: 506

There was a site selling prepaid credit cards and selling them for paypal but I tried to buy more than a few times and never succeeded.
https://prepaidbitco.in
If the link above is of any use to anyone please update here and notify me of the process.

zuggu-1

hero member

Activity: 742

Merit: 501

Quote from: 33bitcoin on February 08, 2017, 06:21:26 PM

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??

If Not Then I Can Build One,, ANY SUGGESTIONS ?

check this section Exchanges
you will discover a lot of things Grin

Pab

legendary

Activity: 1862

Merit: 1012

I use prepaid spectrocoin card and i am very satisfied,There prepaid and debit card available,life is easy.But credit
You cant just like that issue credit card,you will need to compete with Visa, Master Card,.you will need to have permission from regulators to do it,dark btc credit card no thanks

Skarner21

hero member

Activity: 700

Merit: 500

Massive price drop coming...

Quote from: n691309 on February 08, 2017, 06:31:13 PM

Quote from: 33bitcoin on February 08, 2017, 06:21:26 PM

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??

If Not Then I Can Build One,, ANY SUGGESTIONS ?

How are you going to build one when you don't know who are your competitive? There are many companies that offer this service and some of them that I have in my mind now are e-coin rebranded to wirex, coinsbank, cryptopay etc. You can check their website to learn more about their service, limits and verification procedures.

Still no credit card that can be use all most all country but e-coin and coinbank is the best that heard is the best to choose.. they have many countries acceptable.. but here in my country i don't seen any creditcard is the best. using the e-coins as an alternative.. also is the best..
Wirex are also giving free virtual card that i use before in joining on aws.. they are accepting it.. cryptopay never use and never tried this card..

merlinsbeard

member

Activity: 66

Merit: 10

Because BTC transactions are irreversible for the most part, a bitcoin-powered credit card would have to have increased interest rates compared to regular credit cards. There are also many credit card consumer protection laws that regulate hidden fees, ect for regular cards. There is also centralized credit score agencies that offset credit card companies' risk.

Compared to these cons, I do not see much reason to create BTC-powered credit cards. And besides, the point of btc is to be P2P and decentralized.

BitSat

sr. member

Activity: 700

Merit: 251

Quote from: 33bitcoin on February 08, 2017, 06:21:26 PM

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??

If Not Then I Can Build One,, ANY SUGGESTIONS ?

Here on this forum we have some companies offering this facility but first of all check Terms and conditions then try to do any exchange or deposit because some time they change policy without any announcement and you can lost money as I lost

cengsuwuei

hero member

Activity: 714

Merit: 516

#SWGT PRE-SALE IS LIVE

nothing majority bitcoin exchanger only accepted in debit card service not credit card
you can try in virwox(support paypal if in there not support creditcard you can depost in paypal account use youre credit card) or cex.io maybe in there support credit card

shinratensei_

legendary

Activity: 3234

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: 33bitcoin on February 08, 2017, 06:21:26 PM

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??

If Not Then I Can Build One,, ANY SUGGESTIONS ?

Yes there is. you can check with more detailed in here.https://bitcointalksearch.org/topic/2017-bitcoin-debit-card-reviews-1410577 The competitions are really strict right now

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: 33bitcoin on February 08, 2017, 06:21:26 PM

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??

If Not Then I Can Build One,, ANY SUGGESTIONS ?

How are you going to build one when you don't know who are your competitive? There are many companies that offer this service and some of them that I have in my mind now are e-coin rebranded to wirex, coinsbank, cryptopay etc. You can check their website to learn more about their service, limits and verification procedures.

33bitcoin

full member

Activity: 223

Merit: 111

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??

If Not Then I Can Build One,, ANY SUGGESTIONS ?

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