https://twitter.com/julianhosp/status/949238843462602753
- julianhosp
Posted on r/Bitcoin:
u/_jstanleyJan 5, 2018, 2:12 AM
I received this email from Wavecrest (the card issuer for all Bitcoin Visa cards):
Dear Cardholder,
We, WaveCrest, are the issuer of your Visa Prepaid card, which you have enrolled for through one of our program partners. Visa have today instructed us that we must close all WaveCrest issued Visa Prepaid Cards with immediate effect.
How will this affect you?
Your WaveCrest-issued Visa Prepaid Card will no longer function. However, as your funds were stored in your e-wallet they will remain accessible to you via your wallet provider.
We thank you for your cooperation.
Yours sincerely,
WaveCrest Wave Crest Holdings Limited is an electronic money institution licensed by the Financial Services Commission, Gibraltar.
jojojojojojo777 • Jan 5, 2018, 2:22 AM
Affected parties include
Xapo
Bitwala
TenX
Wirex
Cryptopay
karmared • Jan 5, 2018, 3:13 AM
TenX has already a new issuer so not affected. All old cards (Wavecrest) will get a replacement soon.
jojojojojojo777 • Jan 5, 2018, 3:24 AM
Correct, but some users are still affected: Here's a statement from the co-founder of TenX:
https://twitter.com/julianhosp/status/949238843462602753
- julianhosp
kurtjensen78 • Jan 5, 2018, 5:14 AM
And the new issuer (Wirecard) don't use VISA?
tssge • Jan 5, 2018, 7:04 AM
Have they announced the name of new issuer anywhere?
WirexApp • Jan 5, 2018, 5:35 AM
Current cards cancelled.
Money safe.
Refunds will be issued.
New Contactless debit cards will be issued for free.
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.
Unfortunately, we were given little notice by the supplier to prepare for this change.
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. Additional information in regards to the refund procedure will be emailed to all our users within the next few days.
What we are doing about it
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. As part of this changeover, our new card issuer will provide free replacements to all users who already have cards.
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.
https://events.genndi.com/register/169105139238466377/d2675c1372
albuminvasion • Jan 5, 2018, 9:45 AM
"... Then they fight you..."
tssge • Jan 5, 2018, 7:04 AM
Bitpay card is also affected.
From Reddit: