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Topic: Visa turning back at Bitcoin Debit card providers. Bitwala, Cryptopay, Wirex etc (Read 132 times)

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Dear Bitcoin Talk users,

I'm watching several companies over the years and found out the last two weeks that many companies like
ShakePay and Wirex have been hit by their payment provider Visa.

I received today confirmation from Wirex.

Yesterday our card -
issuing bank has received direction from Visa to immediately close all accounts of its prepaid Visa debit card programs. As a result, all the Wirex cards were disabled.
Unfortunately, the bank has not updated us in advance about these measures and we were unable to make our users ready for the cards closure.
However, we would like to assure you that you will not lose your funds. The card's balance will be converted into BTC and refunded to your Wirex wallet in full amount.

What is going on with Visa? Is the government providing pressure on them?

Do you have information regarding the visa shutdown on bitcoin?
My email is [email protected] and my Jabber; [email protected]

Thank you,
Sdavic
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