Visa‎ Cuts Off Services to Several Bitcoin Payment Cards

[kreslik.news]

Several Bitcoin debit cards services are suspending payments due to Visa’s new restrictions on its Gibraltar-based issuer WaveCrest. Bitwala and Cryptopay have joined Wirex and TenX in stopping services to users, who were assured that they will get their funds back.

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Several operators have reported receiving emails from WaveCrest informing them that they had to close all WaveCrest debit cards with immediate effect. VISA said that it has terminated WaveCrest’s services due to non-compliance with its membership regulations, and that all of its Visa card programmes will be closed ... (read more)