Visa fights back? Cards disabled Including TenX, Shakepay etc
Following my post about Wavecrest disabling cards from Shakepay yesterday, it seems that they have also disabled Visa cards for TenX and other card issuers as well. It seems like it was a surprise announcement and the notification period was only 12 hours prior to disabling.
Currenlty card issuers like TenX are working with other companies to issue out cards:
- Issue only affects Wavecrest - seems like other representives are NOT affected. But companies like TenX are still preparing the new cards
- Wavecrest is used by most crypto card issuers in Europe
Check out this update from Julian from TenX
If visa is afraid, then it's a good sign
It seems like there where mismatches between Visa and WaveCrest.
All WaveCrest Cards are affected. The press office of Visa Germany said there is no context to crypto at all.
If visa is afraid, we might not be able to use crypto in the real world. They, MasterCard, et al are the ones with the global card system.
except for investors in TenX of course
i cant wait to one day use card for crytocurrency
Good article on crypto card cancellations here: https://motherboard.vice.com/en_us/article/wjpzx5/using-bitcoin-as-money-just-got-a-lot-harder-in-europe
They are trying everything they can to stop the rise of bitcoin.
We were impressed by hearing your things, nice post
Is thr a up side to dis?
very nice presentation
Dr. Julian, I believe in you and your team’s commitment to make TenX a very successful payment card. I don’t HODL my tokens. I cherish it.
Aloha!
Anyone have any good experiences using cryptocurrency cards or are they still a concept? Personally, I'm liking how the Monaco card (MCO) is developing, but perhaps there are better ones already out there?