Lykke Update on debit Visa card delay

in #lykke6 years ago

Ever since we announced the Lykke Card in late 2017, it became one of our most anticipated offerings for the new year. Being able to draw from your Lykke Wallet through an ordinary debit card is an important step toward the broader acceptance of cryptocurrencies in a world that’s beginning to pay attention. More importantly, it’s just plain fun.

As some of you might know from recent news stories, Visa has ended their partnership with WaveCrest, a prominent digital payment processor for cryptocurrency-related ventures. This development has affected many companies, including Bitwala, BitPay, Cryptopay, and London Block Exchange, as well as Lykke. It’s sad to say, but we must temporarily delay issuing the Lykke Card while we work around this short-term challenge.

There are no plans to cancel the Lykke Card. It’s coming soon to your physical wallet. You just might need to wait a little longer for it to get here.

As soon as we have the new release date, we’ll be sure to let you know.

Thank you for your continued patience!