Visa Pre-Paid cards are now cancelled without any notice, your funds are blocked.

in #steemit6 years ago (edited)

There is a problem with all Visa prepaid cards, Visa has cancelled all pre-paid cards without any notice, any funds that are on the card are blocked. you have to apply for your funds to be unloaded back in to your account. So annoying

I went down town with hubby for a little celebration for our 26th wedding anniversary and his birthday, we were supposed to go yesterday but I was ill. If I had gone down then I would have been able to remove what I have loaded on the card.

There is a problem wit h Visa and WaveCrest, something has gone wrong so all cards are cancelled immediately.

I am with Cryptopay so have to print out a form fill it in by hand then scan it back to [email protected] who will then transfer my funds back into my cryptopay wallet BUT could take up to 15 days.

I am busy filling in my form and trying to get in contact with Crypropay via the chat on the site, I am still waiting for a reply.


Thank you @son-of-satire


Thank you @artedellavita

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aarrgghh.....correct me if i am wrong, but i thought you can transfer BTC to paypal then on to your bank account??...i could be wrong i was wrong twice last year..LOL..(EDIT)i just looked it up and you can..so maybe another option in the future for you?
Start exchanging Bitcoins to PayPal (USD) today!
Go to the frontpage and start your exchange by choosing “from Bitcoin” and “to PayPal”
Enter the Bitcoin amount you want to exchange into US dollars on your PayPal account.
Enter your PayPal email address.

Thank you, I think I will have to use this Option until something else turns up. My only problem is i am sure you have a deposit limit, i don't know what happens when you reach it.

We all just need to start using STEEM instead of these stupid bank cards.

😄😇😄

@creatr

I don't like how there was no warning, no time for us to clear our cards..

WaveCrest Holdings Ltd recently supplied prepaid debit cards to the following:

WireX - https://wirexapp.com
TenX - https://www.tenx.tech/
BitPay - https://bitpay.com/
CryptoPay - https://cryptopay.me/
Bitwala - https://www.bitwala.com/

Were you playing on cashing out this weekend? ☹️

I have found a possible solution via Revolut - https://revolut.com/r/reonrmyd

Please share what you know in regard to helping people cash out their Crypto!

Don’t forget to follow and Upvote + resteem!

Ah, that sucks! But at least you have options. The only way I can get cash from Steemit is to transfer it to Bitcoin and sell the Bitcoin, here in South Africa.

Hi @onetree. I go Steemit-> Bittrex-> buy etherium- Send etherium to Luno wllet-> withdraw to my bank account. Not sure if that's any different from what you're doing? Moving ETH around is much faster and way cheaper than moving BTC. Luno supports both.

Hi Lizelle, thanks for the heads-up , I'm going to do some research. Can you withdraw from Luno to a SA bank account?

You're welcome. Yes , I withdraw straight to my Capitec account. Transfer fee is R8.50 on a transaction and it takes a day.

Sorry for butting in on your post @karenb54. I hope you get all your funds back without problems. They really should have given warning. How frustrating!

Thank you :)

Steem doesn't have the relatively widespread support that Bitcoin has earned, so for now it is the only option for most people to interact with the wider economy.

So lets make it happen :)

We need a better option like eBay for crypto. Steembay posts here are a stopgap at best.

Is Coinbase not available where you are in South Africa? I was able to exchange SBD to my Etherium wallet on Coinbase, then sell it on Gdax. Gdax is the Coinbase exchange, and you can sell Bitcoin, Etherium, or Litecoin.
That gives better options for your timeline and exchange rates. There's actually no rate for selling on Gdax with an open order. :)

I will check it out, thank you!

They should have warned us, there was nothing.

I will check it out, thank you!

I seen that there Karen, my boyfriend and I both have Xapo accounts, now we need to find a quick method for a new Bitcoin Account.

I have seen TenX should be working as of Monday with their team to fix the issue and they will be issuing new cards as they were in the process of changing over to a new payment issuer but until then it is the same issue with all companies and not sure when withdrawal will be possible, it is quite worrying actually.

Hope it doesn't affect you too much!

I hope they can sort it out as it was really easy to use. I am still waiting for a reply to see whats happening,
Thank you for your reply :)

Yes I thought it was great to use, I paid everything through my card.

No problem if you get any news keep me posted ;)

Will do, I will update once I hear back :)

Oh no! Truly inconvenient, it'll be solved soon you'll see.

I have money on my card, knowing my luck I will apply for them to be reversed them they will start working together again.. not sure what to do.

I hope it'll be sorted out soon Karen..happy anniversary!

So do I and thank you very much:)

I had some funds on my Bitwala card, but it's not a huge amount. I'll be filling in their form too

I am waiting for me email, there is an ID number you need to add to the form

Thanks friend @karenb54 for sharing so beautiful information with us......

You are welcome :)

It'll be nice when Crypto becomes fully integrated as a currency so that we can just go to a Crypto ATM and withdraw funds. :)

Its about time something is sorted, would have been to be pre-warned about this

I just used mine about 20 minutes ago.

Aw man, this is shite!

Isn't it just

Pardon me but is this global and does it affect debit cards?
Thank you!

I am not sure, I know its just prepaid cards Visa.

what is it about the crypto world that they seem to think customer service is an afterthought?

The first place that gets this right will be the winner.

I hope you get your funds back soon.

So do I, bloody stupid idiots want to sort themselves out

something has gone wrong so all cards are cancelled immediately.

So glad there's a solution for retrieving your funds.

Peace.

This news caused shock in the cryptographic world, the worst thing is that there is no short-term solution.
Thank you very much dear friend @ karenb54 for sharing this information

Thank you, Why didn't they warn people its not good.

Thank you for the warning! 😱😱😱