Breaking News the last several hours: ShakePay to CANCEL their Crypto-Debit/Visa Cards/services to clients outside the EU / European Union!
Today ( Monday ) - ShakePay, the prepaid debit card provider allowing clients to pre-load cards directly with Crypto Currency, stated it had updated the list of countries supported with the recent news that many clients accounts would be closed in short order:
https://twitter.com/shakepay/status/902186218213056513
That is my Tweet to them there above.
They also had this to say, quoted from their direct blog article on this, all info is included below for you.
--
Our partner bank is being nudged by VISA to immediately stop issuing cards to residents living outside of the European Territory. As a result, any new sign ups to Shakepay will require to have an address of residence within this list of European countries.
All Shakepay users outside of these countries will have their cards deactivated on October 15th, 2017. This list includes most of us on the Shakepay team unfortunately.
The Crypto- debit card provider Shakepay has now joined fellow card provider/service Xapo in the stoppage on issuance of cards to residents outside of European / EU territories.
Xapo came out recently on the issuance of new requirements coming from Visa.
ShakePay has now stated as shown in their quotes above, that its partner bank is being nudged by Visa to immediately halt issuing cards to residents living outside of Europe.
Official ShakePay Sources/Contact on this:
http://blog.shakepay.co/2017/updated-list-of-countries/
Every Shakepay user outside of the European / Visa network countries will have their cards/accounts deactivated on October 15th, 2017 as quotes show in this article.
These changes mean that new customers to Shakepay will now need proof of residence from the following list of European Visa network countries:
--
Andorra
Austria
Belgium
Bulgaria
Canary Islands
Croatia
Cyprus
Czech Republic Denmark
Estonia
Finland
France Germany
Gibraltar
Greece
Greenland
Guernsey
Hungary
Iceland
Ireland
The Isle of Man
Israel
Italy Jersey
Latvia
Liechtenstein
Lithuania
Luxembourg
Madeira
Malta
Monaco
Netherlands
Norway Poland
Portugal
Romania
San Marino
Slovakia
Slovenia
Spain
Sweden
Switzerland
Turkey
United Kingdom
Vatican
Further Info:
Steps required for Shakepay user cards if their residence is outside the European Territory – All top ups and card loads will remain operational until October 15th, 2017.
As of now, these users will not be issued a new card. Shakepay did not mention whether they are currently coming up with a separate solution for clients outside of the EU other than to expect “awesome things” on the way.
They officially also recommend spending all available balances on the card by October 15th, 2017.
My research on this yielded this official response from right inside a Reddit forum:
Jean from Shakepay here, October 15th your cards will stop working.
You can more about it directly on our blog: http://blog.shakepay.co/2017/updated-list-of-countries/
Main image source / Other Images via ShakePay / web search.
Thanks for reading, have a nice day.
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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
Today ( Monday ) - ShakePay, the prepaid debit card provider allowing clients to pre-load cards directly with Crypto Currency, stated it had updated the list of countries supported with the recent news that many clients accounts would be closed in short order:
https://twitter.com/shakepay/status/902186218213056513
That is my Tweet to them there above.
They also had this to say, quoted from their direct blog article on this, all info is included below for you.
--
Our partner bank is being nudged by VISA to immediately stop issuing cards to residents living outside of the European Territory. As a result, any new sign ups to Shakepay will require to have an address of residence within this list of European countries.
All Shakepay users outside of these countries will have their cards deactivated on October 15th, 2017. This list includes most of us on the Shakepay team unfortunately.
The Crypto- debit card provider Shakepay has now joined fellow card provider/service Xapo in the stoppage on issuance of cards to residents outside of European / EU territories.
Xapo came out recently on the issuance of new requirements coming from Visa.
ShakePay has now stated as shown in their quotes above, that its partner bank is being nudged by Visa to immediately halt issuing cards to residents living outside of Europe.
Official ShakePay Sources/Contact on this:
http://blog.shakepay.co/2017/updated-list-of-countries/
Every Shakepay user outside of the European / Visa network countries will have their cards/accounts deactivated on October 15th, 2017 as quotes show in this article.
These changes mean that new customers to Shakepay will now need proof of residence from the following list of European Visa network countries:
--
Andorra
Austria
Belgium
Bulgaria
Canary Islands
Croatia
Cyprus
Czech Republic Denmark
Estonia
Finland
France Germany
Gibraltar
Greece
Greenland
Guernsey
Hungary
Iceland
Ireland
The Isle of Man
Israel
Italy Jersey
Latvia
Liechtenstein
Lithuania
Luxembourg
Madeira
Malta
Monaco
Netherlands
Norway Poland
Portugal
Romania
San Marino
Slovakia
Slovenia
Spain
Sweden
Switzerland
Turkey
United Kingdom
Vatican
Further Info:
Steps required for Shakepay user cards if their residence is outside the European Territory – All top ups and card loads will remain operational until October 15th, 2017.
As of now, these users will not be issued a new card. Shakepay did not mention whether they are currently coming up with a separate solution for clients outside of the EU other than to expect “awesome things” on the way.
They officially also recommend spending all available balances on the card by October 15th, 2017.
My research on this yielded this official response from right inside a Reddit forum:
Jean from Shakepay here, October 15th your cards will stop working.
You can more about it directly on our blog: http://blog.shakepay.co/2017/updated-list-of-countries/
Main image source / Other Images via ShakePay / web search.
Thanks for reading, have a nice day.
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
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Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
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ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
--
https://twitter.com/BarryDutton/status/902335151262371840
Disclaimer: I am just a bot trying to be helpful.
Thx for sharing
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No worries.
Since when did credit Cards company EVER reject the opportunity to make money?
All I got to ask is --what is Visa smoking!
Unless, they are going be coming out as providers themselves everywhere expect the EU.
Otherwise, they best be pulling their support from ebay, and thousands of other sites where people buy illegal stuff and transfer money to criminals using their card as well.
Very
Illegal
Selling
Assets
Visa is a bunch of criminal greedy bastards, they'd murder their own families to earn some dollars.
This is the communist EU trying to take control of crypto.
Do not use this product ever again. Especially if you live in the EU. This is globalists attempting to monitor you!
That is a pretty solid reply!!!
Thanks @barrydutton. They are caving in to bureaucrats. Punish them by closing your account with them.
Down with them all LOL.
#BureaucRATS
Damn banksters are waging the war on cash and now also a war on debit cards!.. Soon people in most of the world will be left without options except for government-controlled bank accounts. …and crypto, of course, if they can make it work for their practical financial needs.
Xapo, Wirex....etc all the visa partnerships are going to be cancel on October 15th
Whats our thought on BitConnect's new debit that will come out and be linked to your "lending wallet", sounds awesome. I have had ridiculous payouts from them.
This sucks
Well said.
Disclaimer: I am just a bot trying to be helpful.
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