Visa terminated the credit cards WaveCrest

in #bitcoin7 years ago


Many of the cryptocurrency debit Visa card has stopped working, as the company has terminated its relationship with supplier a debit card https://cointelegraph.com/news/visa-suspends-wavecrest-status-stopping-some-crypto-credit-cards
In this regard, for users of all cards issued WaveCrest, including CryptoPay, Bitwala, TenX, Wirex and others.

This step is very hard hit by the users of the crypto cards, but first and foremost is the simple answer WaveCrest, which probably violated policy Visa. The representative of Visa, commented on the situation:

"We can confirm that the partnership of Visa and WaveCrest is terminated due to ongoing noncompliance with our rules. As a result, all Visa cards WaveCrest will be closed".

He also noted that Visa has options to continue its program of cryptocurrency, so it has nothing to do with digital currencies.

"Visa has approved other card programs that use funds converted from the cryptocurrency in some jurisdictions. Termination of partnership with WaveCrest does not affect other products of the company."
author:Maxim Centurion

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