#Bitpay visa full#
#Bitpay visa software#
#Bitpay visa free#

Payment processing in bitcoin as compared to processing in fiat currencies can be attractive to merchants when they can get the cost of processing a payment down from a minimum of 3% of the transaction amount for credit cards to as low as 1% for bitcoin.

#Bitpay visa software#

BitPay's software is compatible with numerous point-of-sale as well as e-commerce payment systems so that customers can pay with bitcoin and the merchant can receives fiat bank deposits. 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.Stephen Pair, CEO Tony Gallippi, Executive DirectorīitPay, an American company, is one of the oldest and largest bitcoin payment services in the world.īitPay provides services to enable merchants and other businesses to accept payments in bitcoin.

#Bitpay visa free#

As part of this changeover, our new card issuer will provide free replacements to all users who already have cards. 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. Additional information in regards to the refund procedure will be emailed to all our users within the next few days. 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. Unfortunately, we were given little notice by the supplier to prepare for this change. 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. New Contactless debit cards will be issued for free. If you have any questions or issues in the meantime, please reach out to our team. We appreciate having had the chance to work with you, and we hope you'll continue to get value from BitPay's bitcoin wallet app and payment processing tools. But we want to sincerely thank you for using our card. And we're sorry that this change is going to take away a tool which many of you rely on. We're disappointed that we can't serve you anymore (for now, at least). If you still want a BitPay Card, we will give you a card free of charge. The BitPay Card will continue to be available for users in the United States without interruption, and we expect to be back in your country soon.Īs part of our commitment to BitPay Card users, we will send you an email when the BitPay Card becomes available in your country again. What is next for the BitPay Card? We are already in discussions with potential alternative issuers for the BitPay Card which will allow us to serve customers in Europe and beyond.

#Bitpay visa full#

We will be working hard to assist our full international cardholder base through this transition. We appreciate your patience as we respond to this sudden change.

We will be sending you another email in the coming days with more details on claiming your refund(s). BitPay will offering card order fee refunds for all users who ordered on or after 1 December 2017. If you ordered the BitPay Card recently, you expected to have much more time to use it. We will be working with Wave Crest to make sure that all card balances return to our cardholders quickly. What happens to your money? You will get a refund for your ending card balance and for any outstanding card loads.

You can continue to log in to your BitPay Card dashboard for access to payment history, load history, and other important information. What does this change mean for you? Your BitPay Card account is now deactivated, and you will not be able to use it for further payments or withdrawals.

Unfortunately, Wave Crest was unable to provide us or cardholders with more time to prepare for this change. The BitPay Card (non-US) is one of these programs, along with other cryptocurrency-related and standard prepaid Visa® debit cards. received direction from Visa® to immediately close all accounts of its prepaid Visa® debit card programs. Yesterday our European BitPay Card issuer Wave Crest Holdings, Ltd.