Our VISA International card provider notified us about that we are unable to issue new cards without KYC due to new local regulations.
Bad news, and this new regulations are getting more stupid every day.
“The closer the collapse of the Empire, the crazier it's laws are.” ― CiceroObviously, our growing volume had an impact on this, but the main reason is US government's recent -unfortunate- reaction to no-KYC services.
That's cat & mouse game, they will block we will bring new alternatives. At least, for now, we have motivation to keep this business up.
I am hoping you will find some new alternative that works, but I heard other providers of non-kyc cards are facing similar issues and they had to cancel all their virtual cards.
What's even worse for competition is they even canceled previously issued cards and that really sucks