OKPAY already has one, high fees, lots of paperwork and proof required (I'm in Korea and they wanted an English bill.....I'm not hiring a translator and apostiling a bill just to have a card)
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We're launching our debit card in a few weeks Who wants to see a pic ;-)
bitinstant: what brand? Worlwide card who are you using on the backend? 2 banks, 1 for domestic, and 1 for intebratnational dissipate, we will not reverse it Nrb-btc: So you were not refering to the ability to use paypal to purchase bitcoins? Your Bitcoin Address will be embossed on the card as well as a QR code so you can send your own coins to the card or someone can pay you directly onto the card bitinstant: sorry, didn't catch it what card house will you be using? Plat33, we are not releasing that information until its launched Only 1% for exchanging BTC to USD on a debit card? Nice. + we are working with a bank directly SO basically, this is what we are thinking You keep your Bitcoins on your blockchain or Bitcoin Spinner apps bitinstant, you found it from the database logs? and then you wanna buy something in a store right ? why would you have to send so much money and pay 6%+ With our card, you scan the QR code printed on your card send 3 BTC to it, only get charged like 1% buy your lunch and have a nice day all happens instantly and this card can be used worldwide will you guys be setting up instant debit -> BTC as well? so goodbye to border controls nrb-btc, if you have USD on the card already, or funded your debit account, you can use it only our cards is the debit balance denominated in usd or btc if usd, then you still have a conversion loss to the local currency (?) JimN, the card is denominated in USD, EUR, GBP so far you can deide decide bitinstant, what's the eta on this? We are at the last steps, so maybe 6-8 weeks bitinstant, and where the promised picture of the card? ;) we hare printing 10k cards bitinstant: do you have a full fee schedule? ATM withdrawals, monthlys? maybe not enough looking for the pic Picture: https://www.dropbox.com/s/zhwf9babml82qx5/Layout_BitInstant_Card.png?m thanks that's some snazzy looking stuff looking good! "This card is property of BitInstant LLC" EmanuelDeOrtego, yup we ghave to legally say that bitinstant: is there a link on your site? No link yet bitinstant, so it sells the BTC to cover the transaction instantly? bitinstant, will you ship cards internationally? Yes, we had to get an international bank on board but unlike other companies this is NOT just USA You can be from any country nrb-btc, ATm withdrawals will be about $1.50 maybe $3 *$2 Every country is different what are you document requirements? there will be like 4 options of docs you can send us you guys are the first to know I probably wont mention it again until its launched one of those right place at the right time, type of things bitinstant, do you have to meet AML documentation requirements in the US? As per AML, we will require the standrad *standard scanned docs, or social if your from Europe, ect. Its whatevr they requoire I think Russia doesent even require anything lol What is the exchange rate for the card? cbeast, 1-1.49% BTC to USD so bitinstant is going to work in canada? :D geosim, we are laucnhing Moneygram canada in 13 days cash deposits As soon as you scan the QR code on your card, and there is 1 confirmation (under $1000) we INSTANTLY add the USD to the card) Were called BitINSTANT not BitLATER bitinstant, u guys do ur meetup yet ? duckxx, Wensday! http://www.meetup.com/Jekyll_Island_Bitcoin_Society/events/77229272/ Gavin is coming, ect. 30+ ppl rsvp You coming ? can the card hold currencys other than usd? faraday, yes there inti'l card, and USA card bitinstant: is there an option to keep the deposit as BTC until the card is used to make a payment or withdrawal? ThomasV, yes The Bitcoin Address on the card, is YOUR address we give you you can see balance on blockcgain that cards will be huge success good luck you guys I hope so Itll be like $10 to buy it But Im thinking We will give first 1000 cards for free so the card can have fiat and btc on it concurrently presumably sharpfocus, yes precisly bitinstant: why is there no smart card chip on the card? ThomasV, I believe the EU version of the cards will have it US cards dot have it but I could be wrong The bank prints the cards Ah I forgot the best part if you get a USA card, denom in USD and you want to use it in Europe The currency conversion is only 0.80% so if you wanna send BTC's to a card in europe its like 2.3% total fee Bitinstant referral program? https://www.bitinstant.com/refer/USERID well, you'll definitely have a customer here awesome good to hear It cost us alot of money to get this set up and approved, so you guys better buy it :-P bitinstant: will you communicate the private key to the cardholder? ThomasV_, Im not sure about that part Were figuring out the best way neither am I Without comprimising security :) If you have any tips or suggestions PLEASE email us bitinstant, is there a short writeup on how this card works? i'm confused. Not yet not yet Everything will come, in time dont worry I just wnated to get some focus group feedback