On the 5th of January, Visa Europe ended its relations with WaveCrest, Cryptopay’s card issuing bank, and thus suspended all Cryptopay cards at once.
Many of you have been wondering what’s going on with Cryptopay and its cards, so we’ve decided so shed some light on the situation and what we’re going to do about it.
What’s going on with Cryptopay card users
Currently, all issued physical and virtual Cryptopay cards are disabled. Unfortunately, you can’t use your cards for payments or withdrawals, but these are just temporary difficulties, so don’t despair.
All the funds have been transferred from your cards to your online accounts, so there’s nothing to worry about as far as the security of your money goes.
Also, we will provide card order fee refunds to all who ordered a card on or after December 1st, 2017.
New chances and new horizons
A danger foreseen is a danger avoided. We anticipated such a situation and started preparations 3 months ago. Currently, we’re in the midst of establishing a new card programme. There’s no certain time frame when the project will go live, but we will let you know as soon as we can.
Also, we are just about to add new cryptocurrency, Litecoin. Ethereum and Ripple are to follow soon after that. Initially, you will be able to use your Cryptpay card as a wallet and later you will be able to exchange these coins between one another. Stay tuned as we’ll notify you when it’s ready. To sweeten the bitterness of expectation check our other products.
Our cards are just the tip of the iceberg
Cryptopay cards are currently blocked, but we’ve still got many more products and services that are up and running, no matter what happens to the cards. It will take some time to get a new card provider, so in the meantime take a look at other things that we offer.
Buy, store and send bitcoins anywhere in the world. Deposits and withdrawals are free, and the fee to convert BTC to fiat currencies is negligible.
At the moment, we’re working on decreasing our commission and the miner’s fee to make this service even more convenient for you.
Moreover, there are applications available both for Apple and Android. Download them from the links below:
Also, there are a few more products that we plan to launch in the nearest few months. So stay with us and get ready for new victories! 🧐