i wonder can it be use for verifying paypal credit card? because if its true, i will use it to verified my paypal credit card
Yes you can. I just did it!
Apr 29 at 2:42 pm - € 1.50 EUR Pp*XXXXcode
Topic: Now you can have anonymous throwaway virtual VISA cards instantly with Bitcoin (Read 3162 times)
April 28, 2017, 08:33:05 PM
Yes you can. I just did it!
Apr 29 at 2:42 pm - € 1.50 EUR Pp*XXXXcode
December 01, 2016, 09:02:10 PM
its a great news for us and we can use it to make virtual visa card by ourself and if this is really true, i wonder can it be use for verifying paypal credit card? because if its true, i will use it to verified my paypal credit card because i think i don't want to buy virtual credit card from someone.
December 01, 2016, 08:55:13 PM
this doesn't seem to be as anonymous as it shows! because this service is following Know Your Customer (KYC) and Anti-Money Laundering (AML) policies and as a result is asking its customers for their name, address and phone number and the other type of account with more balance needs photo identification also!
You are forgetting one thing if you use a product like this: You need a shipping address for most goods you buy. Even if your payment is anonymous, you must still provide the shipping details.
There is more to products like this than anonimity. If this really is a one use credit card that you can instantly create, than you don't need a normal credit card anymore (and the associated fees) and simply create a card when you need one. This way, credit card fraud is much less likely.
if i understood what it does correctly, there is no physical card. you open up an account with the site and then charge it with bitcoin. after that every time you want to purchase something that need VISA card you use your phone instead of a card to pay for it and the site creates you a temporary card to use and discard after.
Various wallet service providers were into this advanced payment processing method. Recently in our country too we got the access to pay using wallets. To pay we were supposed to generate a code from the particular wallet app. This code needs to be entered to receive the respective amount.
December 01, 2016, 07:07:45 PM
Usually when something like this new comes out the first page is full of scam accusations. But not this thread.
December 01, 2016, 06:23:12 PM
The card fees are at the normal market rate but the card isn't that anonymous. I don't quite like the time frame, it should go longer than that.
December 01, 2016, 03:10:29 PM
It might be convenient but my guess it that it is a tricky attempt to get control over bitcoin by something closer to the government. Okay, this card is anonymous. I still think that if the transactions with it involve big amounts of money, they will try to find out who is the owner or just will take some taxation rightaway. And where can you go to use this card anyway?
December 01, 2016, 02:35:15 PM
You thinks its anonymous. It is as anonymous as the governments let it be. It can be attacked just like coinbase.
yeah it isn't if it work on the visa circuit or mastercard or whatever other that run with legal money, it's not anonymous, it's a way to say that they not ask for your id to send your money, but it can be traced, and even bitcoin can be traced
Think about it.
December 01, 2016, 01:15:17 PM
You thinks its anonymous. It is as anonymous as the governments let it be. It can be attacked just like coinbase.
yeah it isn't if it work on the visa circuit or mastercard or whatever other that run with legal money, it's not anonymous, it's a way to say that they not ask for your id to send your money, but it can be traced, and even bitcoin can be traced
December 01, 2016, 12:23:00 PM
This looks like totaly new and interesting product. There are so many cards varieties on the market but this seems inovative. Just wonder if they realy offer true anonimity or the data are maybe stil available somwhere. And could they realy run legitimate business without collecting any data? Let's wait for some experiences.
December 01, 2016, 11:52:14 AM
Visa rarely lends there name just to any company to promote their services so they must be something special about them and what they offer.
You see Mastercard will give anybody their brand name to promote them if they pay them.
You see Mastercard will give anybody their brand name to promote them if they pay them.
December 01, 2016, 11:32:41 AM
this doesn't seem to be as anonymous as it shows! because this service is following Know Your Customer (KYC) and Anti-Money Laundering (AML) policies and as a result is asking its customers for their name, address and phone number and the other type of account with more balance needs photo identification also!
You are forgetting one thing if you use a product like this: You need a shipping address for most goods you buy. Even if your payment is anonymous, you must still provide the shipping details.
There is more to products like this than anonimity. If this really is a one use credit card that you can instantly create, than you don't need a normal credit card anymore (and the associated fees) and simply create a card when you need one. This way, credit card fraud is much less likely.
Yea, The credit card fraud was one of the main reasons why I started using Bitcoin. I lost a shitload of money due to credit card fraud, and I
welcomed a technology where you do not have to worry, if you bought something online and not taken to the cleaners within a month or even
a year after that. Yes, Bitcoin also have some risks, but at least you are in control and you can manage the risk. In the event where your
wallet is compromised, you can control how much you lose... { by only funding it with the amount you are willing to lose } ... but with credit
cards, you lose money.. that you do not have yet... so you owe the banks.
December 01, 2016, 04:18:46 AM
I have tried the Chrome extension but apparently it's unavailable at the moment and I couldn't load any coins. I also registered on their website and they prompted me to provide my legal name, birth date, telephone number and address upon creating my first virtual or physical card. It's not so anonymous any more. Also saw the fees:
Description Frequency Amount (USD) Amount (EUR)
Virtual card creation once free* free*
Plastic card creation once $ 15.00 € 15.00
Card fee per month $ 1.00 € 1.00
Redemption of unused funds per request $ 10.00 € 10.00
Bitcoin to fiat exchange per transaction 1% 1%
Altcoin to fiat exchange per transaction 3% 3%
Foreign currency conversion per transaction 3% 3%
ATM widthrawal fee per transaction $ 2.50 € 2.25
ATM withdrawal fee in a foreign currency per transaction $ 3.50 € 2.75
Yeah they had a frickin' typo on their list of fees. It's in beta but still I wouldn't trust them with my money.
Description Frequency Amount (USD) Amount (EUR)
Virtual card creation once free* free*
Plastic card creation once $ 15.00 € 15.00
Card fee per month $ 1.00 € 1.00
Redemption of unused funds per request $ 10.00 € 10.00
Bitcoin to fiat exchange per transaction 1% 1%
Altcoin to fiat exchange per transaction 3% 3%
Foreign currency conversion per transaction 3% 3%
ATM widthrawal fee per transaction $ 2.50 € 2.25
ATM withdrawal fee in a foreign currency per transaction $ 3.50 € 2.75
Yeah they had a frickin' typo on their list of fees. It's in beta but still I wouldn't trust them with my money.
the fees wouldn't matter much in fact if they were really offering anonymous VISA cards and it would have come in handy if it were really anonymous but since I saw they are asking for my personal information to give me a card then I decided it has no difference with regular cards.
anyways I hope someday I can see a good service that offers real anonymous cards or at least I can see bitcoin be accepted so that I wouldn't be needing these services in first place
December 01, 2016, 03:43:48 AM
I have tried the Chrome extension but apparently it's unavailable at the moment and I couldn't load any coins. I also registered on their website and they prompted me to provide my legal name, birth date, telephone number and address upon creating my first virtual or physical card. It's not so anonymous any more. Also saw the fees:
Description Frequency Amount (USD) Amount (EUR)
Virtual card creation once free* free*
Plastic card creation once $ 15.00 € 15.00
Card fee per month $ 1.00 € 1.00
Redemption of unused funds per request $ 10.00 € 10.00
Bitcoin to fiat exchange per transaction 1% 1%
Altcoin to fiat exchange per transaction 3% 3%
Foreign currency conversion per transaction 3% 3%
ATM widthrawal fee per transaction $ 2.50 € 2.25
ATM withdrawal fee in a foreign currency per transaction $ 3.50 € 2.75
Yeah they had a frickin' typo on their list of fees. It's in beta but still I wouldn't trust them with my money.
Description Frequency Amount (USD) Amount (EUR)
Virtual card creation once free* free*
Plastic card creation once $ 15.00 € 15.00
Card fee per month $ 1.00 € 1.00
Redemption of unused funds per request $ 10.00 € 10.00
Bitcoin to fiat exchange per transaction 1% 1%
Altcoin to fiat exchange per transaction 3% 3%
Foreign currency conversion per transaction 3% 3%
ATM widthrawal fee per transaction $ 2.50 € 2.25
ATM withdrawal fee in a foreign currency per transaction $ 3.50 € 2.75
Yeah they had a frickin' typo on their list of fees. It's in beta but still I wouldn't trust them with my money.
This is the main reason why he wanted to load the detals in extension and did not have got any online web site. After seeing your experience i think it is much better idea to forget this offer and move on to some other sites.
December 01, 2016, 03:17:17 AM
I have tried the Chrome extension but apparently it's unavailable at the moment and I couldn't load any coins. I also registered on their website and they prompted me to provide my legal name, birth date, telephone number and address upon creating my first virtual or physical card. It's not so anonymous any more. Also saw the fees:
Description Frequency Amount (USD) Amount (EUR)
Virtual card creation once free* free*
Plastic card creation once $ 15.00 € 15.00
Card fee per month $ 1.00 € 1.00
Redemption of unused funds per request $ 10.00 € 10.00
Bitcoin to fiat exchange per transaction 1% 1%
Altcoin to fiat exchange per transaction 3% 3%
Foreign currency conversion per transaction 3% 3%
ATM widthrawal fee per transaction $ 2.50 € 2.25
ATM withdrawal fee in a foreign currency per transaction $ 3.50 € 2.75
Yeah they had a frickin' typo on their list of fees. It's in beta but still I wouldn't trust them with my money.
Description Frequency Amount (USD) Amount (EUR)
Virtual card creation once free* free*
Plastic card creation once $ 15.00 € 15.00
Card fee per month $ 1.00 € 1.00
Redemption of unused funds per request $ 10.00 € 10.00
Bitcoin to fiat exchange per transaction 1% 1%
Altcoin to fiat exchange per transaction 3% 3%
Foreign currency conversion per transaction 3% 3%
ATM widthrawal fee per transaction $ 2.50 € 2.25
ATM withdrawal fee in a foreign currency per transaction $ 3.50 € 2.75
Yeah they had a frickin' typo on their list of fees. It's in beta but still I wouldn't trust them with my money.
December 01, 2016, 02:43:58 AM
this doesn't seem to be as anonymous as it shows! because this service is following Know Your Customer (KYC) and Anti-Money Laundering (AML) policies and as a result is asking its customers for their name, address and phone number and the other type of account with more balance needs photo identification also!
You are forgetting one thing if you use a product like this: You need a shipping address for most goods you buy. Even if your payment is anonymous, you must still provide the shipping details.
There is more to products like this than anonimity. If this really is a one use credit card that you can instantly create, than you don't need a normal credit card anymore (and the associated fees) and simply create a card when you need one. This way, credit card fraud is much less likely.
if i understood what it does correctly, there is no physical card. you open up an account with the site and then charge it with bitcoin. after that every time you want to purchase something that need VISA card you use your phone instead of a card to pay for it and the site creates you a temporary card to use and discard after.
December 01, 2016, 02:36:43 AM
This guy in spite of having left me a little irritated, he asked a very important question:
- What happens if I don't spend the money within that time frame, do I get another card if I still have a balance?
- What are the fees?
- What about billing address, zip codes and strict validation rules on some merchant integrations?
Unfortunately none has answered the Qs.Quote from: gubatron
- What happens if I don't spend the money within that time frame, do I get another card if I still have a balance?
- What are the fees?
- What about billing address, zip codes and strict validation rules on some merchant integrations?
Anyway this is my first time heard this service, well after watching the video i think they might create another professional video, in order to make the service look professional just saying.
December 01, 2016, 02:12:35 AM
this doesn't seem to be as anonymous as it shows! because this service is following Know Your Customer (KYC) and Anti-Money Laundering (AML) policies and as a result is asking its customers for their name, address and phone number and the other type of account with more balance needs photo identification also!
You are forgetting one thing if you use a product like this: You need a shipping address for most goods you buy. Even if your payment is anonymous, you must still provide the shipping details.
There is more to products like this than anonimity. If this really is a one use credit card that you can instantly create, than you don't need a normal credit card anymore (and the associated fees) and simply create a card when you need one. This way, credit card fraud is much less likely.
December 01, 2016, 01:13:27 AM
this doesn't seem to be as anonymous as it shows! because this service is following Know Your Customer (KYC) and Anti-Money Laundering (AML) policies and as a result is asking its customers for their name, address and phone number and the other type of account with more balance needs photo identification also!
December 01, 2016, 12:56:09 AM
To think banks could have done something like this years ago, but it is too much hassles. You just develop a system, where the network create a random address linked to your main account, for every transaction you make. The address is only valid for that transaction. The main account funds that temporary address, and when the transaction is done, the address is empty.
I know some banks are working on what they call < Virtual Credit Cards > but I do not know how this compares to this idea. ^?
?^
I will try this, when someone has tested it, and confirmed that it is not a scam. ^smile^
I know some banks are working on what they call < Virtual Credit Cards > but I do not know how this compares to this idea. ^?
?^I will try this, when someone has tested it, and confirmed that it is not a scam. ^smile^
November 30, 2016, 09:39:25 PM
You thinks its anonymous. It is as anonymous as the governments let it be. It can be attacked just like coinbase.
Jump to: