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+--- Forum: Crypto Currency (https://hackforums.net/forumdisplay.php?fid=380)
+--- Thread: crypto currency cards shutting down (/showthread.php?tid=5789728)
crypto currency cards shutting down - Cyber Coder - Jan 24, 2018
yep, we are fucked, another hit, banks are screwing us over
Unfortunately we have to let you know that Wave Crest, our current card solution provider, is unilaterally shutting down our card program. New virtual and plastic cards are no longer issued to any users whether or not they are EEA/SEPA area residents.
Please make sure you have read and understood the info below:
- you will not be able to fund currently active plastic and virtual cards after Feb 9, 2018
- all existing plastic and virtual cards will be closed on March 27, 2018
- currently ATM withdrawals are allowed with a daily limit of EUR 1000 / USD 1000 in SEPA countries and EUR 500 / USD 500 outside the SEPA zone
- there are no new limits concerning POS transactions in shops
All plastic and virtual cards will be reissued for free after we implement the card platform from our new provider which is about to happen soon.
We appreciate your understanding and cooperation and we apologise for any inconvenience caused.
i thought Wave Crest is related to visa only but now seems that mastercards are affected too
RE: crypto currency cards shutting down - JeremyBTC - Jan 24, 2018
This is a bit of old news, couple weeks old bud
RE: crypto currency cards shutting down - Cyber Coder - Jan 24, 2018
(Jan 24, 2018 11:48 AM)JeremyBTC Wrote: This is a bit of old news, couple weeks old bud
you wish they were old
RE: crypto currency cards shutting down - Omniscient - Jan 24, 2018
This news isn't new and has been already discussed. Also it only effects Wavecrest and their deal with Visa. Visa still issues crypto debit cards.
RE: crypto currency cards shutting down - Cyber Coder - Jan 24, 2018
(Jan 24, 2018 12:38 PM)Omniscient Wrote: This news isn't new and has been already discussed. Also it only effects Wavecrest and their deal with Visa. Visa still issues crypto debit cards.is new,read today's news of advcash and xmlgold,these cards worked fine until today
RE: crypto currency cards shutting down - Omniscient - Jan 24, 2018
Still this is just Wavecrest and likely after Visa dropped them Mastercard investigated and has decided to drop them too.
But this is certainly more negative news concerning cryptos.
RE: crypto currency cards shutting down - The Doge of Wall Street - Jan 24, 2018
i have money in PAY and will keep hodling it i bought verry low and still believe they will find a solution
RE: crypto currency cards shutting down - Malentor - Jan 24, 2018
So now Mastercard banned crypto as well?
RE: crypto currency cards shutting down - Mircale - Jan 24, 2018
Yeah , i received email from wave crest today saying "We regret to inform you that from the 27 February 2018, we will no longer be able to service your MyChoice Prepaid Debit Card. etc",
Guess we will have to wait for monaco or another provider.
RE: crypto currency cards shutting down - Cyber Coder - Jan 24, 2018
so what now, no crypto currency card working in europe?
they all say they will find replacements but what other choices do they have?