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RE: I tested out Steem.Cards today, and It's awesome.
I'm so glad to hear that these are actually working. Thanks so much for testing them out for us.
Is there a fee for the vanilla cards, do you know? Since they have to be physically mailed. I wonder how long it takes to receive one. With a $500 card I'd definitely be biting my nails until it arrived.
They do have an activation fee (this is imposed by Visa whether you buy them at steem.cards or at a store like Walmart). The fee is $7.95 plus shipping. I'm going to be testing one of these out at the grocery store soon probably. :-)
I tried to see the shipping cost, but it seems I've encountered a bug. I can't seem to get past the part that asks you to "include the activation fee". It just keeps refreshing it for some reason?? I believe the fee for shipping was $3. That puts it at a little over 2% total for the $500 card which is pretty good.
PS. It's been reported 7-10 days shipping time for the physical visa cards.
Those fees seem pretty reasonable, all things considered. That's about what merchants have to fork over just to process their credit card transactions.
Still, I hope crypto can eventually lead us to no-fee exchanges. Like, you know, handing someone a dollar bill.
That'd be nice, but it's tough to escape plastic cards since everyone accepts them. Until we can break away from that somehow crypto will still be at the mercy of processors like Visa and their fees. Hopefully more stores follow newegg, overstock and craigslist to offer crypto options. I read that ebay is dropping paypal in favor of Ayden which means crypto might finally be accepted there since they work with bitpay! Baby steps in the right direction.
OK, whoa, what? I missed that story somehow. Off to Google....