All crypto Visa cards have been revoked - be sure to take some cash!
Today all (update: only european) prepaid Visa cards operated with bitcoin were revoked, as the one licensee WaveCrest they all partnered with lost its license. I've seen several reports of people stuck on vacation without cash, or canceled hotels.
A solution will surely be found, and your coins are safe. And luckily there are Mastercard alternatives like advcash still working. In the meantime, cash is the way to go it seems.
Hi all, Wirex community manager here. A quick update on the card situation:
Yesterday,one of our partners who provides the entire Crypto Industry with VISA prepaid debit cards, received direction from VISA to immediately close all accounts.
Unfortunately, we were given little notice by the supplier to prepare for this change.
We’d like to assure you that all your funds are safe and that they will be moved from your blocked VISA cards to your Wirex accounts ASAP. Additional information in regards to the refund procedure will be emailed to all our users within the next few days.
What we are doing about it
We have been working with a new card issuer for the last couple of months and are very close to being able to release our new cards. As part of this changeover, our new card issuer will provide free replacements to all users who already have cards.
You’ll still be able to buy bitcoin using your local bank card and we will be increasing daily limits until we release new cards.
Register for the live webinar for a full update:
https://events.genndi.com/register/169105139238466377/d2675c1372
Thank you for the update. I am having a Bitwala card but it is refreshing to see a company like you coming to Steemit and respond unasked to this issue. I will check out your services asap!
Thanks for the kind response. We feel it is only right to respond to those within the cryptocurrency community as transparently as possible, and can only apologize that we don't have an instant solution for our customers.
We are working around the clock and hope to start issuing the new contactless cards very soon. Keep checking our social, our steemit and our blog: https://wirexapp.com/blog/ for updates.
All the money I earn is for drugs and Gina, that is a girl that works in the street close to mine that charges 50 euros each time. My dealer doesn't accept cards. Gina doesn't accept cards. So I always need to have cash
I am upvoting my comments because they say I earn money if I do so...please upvote it too not because my work is good(it's not) but because I need money for drugs and prostitutes
I guess honesty deserves to be rewarded
How soon can we expect to find cards that will be issued outside of the three regions (USD,GBP,EUR)? I used to use Wirex exclusively in the Caribbean region using USD, but since the change a while ago there is literally no other option for us for debit cards in the region.
i m in the territorie européen in the caribeean, my xapo Card ils deleted to.
We can't give you an exact date for this unfortunately, as it depends on the outcome of our ongoing discussions with new card providers. Updates will be given regularly on our socials and on our blog: https://wirexapp.com/blog/
Good to know ... but there will be a solution soon, not to worry.
Tnx for this post @pharesim, I found quite some interesting links in the comments! (so also thanks to you guys!) have been looking for a decen debit wireless debit card that could hold bitcoins for quite some time now! And found it here. In holland a debit card is accepted everywhere. A credit card almost nowhere!
t.
I haven't opened up a CC. I hope anyone caught up in this finds easy solutions
Thanks for the heads up!
Ive been looking into getting one, but haven't decided which to get. Glad I didn't jump on it too soon!
Please keep us updated!
Upvoted and followed!
Yeah I've really been looking into the idea. It seems like it would be a sure thing with how popular crypto is now, but I guess we're not quite there yet. Oh well, more room to grow!
I saw this coming a mile away as soon as people in the US starting looking for to get their hands on these cards. I know guys that got their Bitcoin visa cards shipped to friends in Europe then had them ship it back to them in the US. Anything that hinders taxes is going to get nailed down as soon as the government hears about it. Additionally, I haven't seen any of these visa crypto cards actually take off. Heck how many different ones are there? TenX is the only one I see potentially working out in the future, though I'm still not confident enough in the future of these cards to go out and get one. Especially after all this recent controversy and regulations.
Thank you for the information. I think everyone looks forward to a solution now.
Does anyone know why the credit cards got revoked? Some new government rule? Thanks.
Thanks @pharesim for Updates about crypto Visa cards which have been revoked.
I have no any problem at all during Holidays, because I have cash which i withdraw from my earnings on Steemit. we enjoyed much there with my Kids.
I also want to thank you for your Contribution in the development and support of Steem Community
Appreciated your Efforts, Stay Blessed
Helpful post,well done!