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Topic: Visa crackdown on bitcoin debit card providers - Jan 2018 - page 2. (Read 535 times)

legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Anyone know what's up with Coinsbank? I haven't heard of an update from them regarding the cards but the most recent one wasn't good either. Reducing limits for lvl 2 verification just recently:

As much as I like CoinsBank, this isn't up to the spirit of holiday spending. All cards are getting reduced limits unless verification lvl 3 is reached. From my experience, their verification procedure can be quite fast but AFAIK they rely on own resources instead of a third party app that does verification with better uptime so if you're after verifying your card do so quickly before Christmas holidays.

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Please note on January 17th, 2018 new card limits will go into effect.

For customers with cards levels 1 and 2, each card will have a spend limit of 250 USD/250 EUR/200 GBP per card life cycle.

Point of sale transactions, e-Commerce transactions and ATM cash withdrawals will affect the remaining balance of your card limit.

Customers desiring higher limits, will need to complete level 3 verification in a timely manner in order to avoid any service interruptions.

Please contact Support if you have any questions.

Best regards, CoinsBank team

Whoever would like to find a list of bitcoin debit cards for potential alternatives could look at my thread here:
https://bitcointalksearch.org/topic/list-of-bitcoin-debit-cards-1242788
member
Activity: 365
Merit: 14
ADVcash still working, but has a bad funding management (all BTC deposited are converted into money immediately).

Looking for another similar to wirex (better if with better exchange rates)
full member
Activity: 139
Merit: 100
Spectrocoin is in the same boat.

I think one needs to find providers that use ie. Mastercard as a provider
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
Would be great if we could make a list of cards which are still in business. I guess that would be quite helpful for many (including myself).  Grin
jr. member
Activity: 80
Merit: 1
Yes, just received an eMail from Shakepay to that issue.

Too bad. I had signed up with Shakepay recently and their offer looked very good. Luckily hadn't deposited ... wanted to do this weekend.


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We just received notice from our issuing partner, Wavecrest, that all VISA card programs have been permanently closed.

Unfortunately, this affects all Shakepay users. All cards issued are no longer operational.

What does this mean?
Effective immediately, your cards will no longer be accepted for in-person or online transactions.
The balances will remain on your card but cannot be spent.
Any funds that you send us will not be added to the balance on your card.
Should I be worried?
No.

All funds are safe and will be returned to you. All pending loads (funds you’ve sent us but haven’t been loaded) will also be returned. More information about the refund process will come shortly.

We’ll be keeping you in the loop with any updates to the situation. If you have any questions, feel free to send us a reply.

– Shakepay team
jr. member
Activity: 57
Merit: 25
Hi,

As many of you have probabbly seen, Visa told WaveCrest to suspend all prepaid cards.

So i wonder, what services are affected and which ones are still working?

Affected services i know of:
  • Wirex
  • Bitwala
  • ShakePay

https://www.reddit.com/r/Bitcoin/comments/7oabzl/all_bitcoin_visa_debit_cards_are_now_cancelled/
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