"The Butterfly Card transactions are made within the PayServices network"
I think retailers need to have the PayServices PoS terminal.
If that's the case, then the card isn't such a great deal. How long is it going to take for all the retailers to start accepting it?
The payservice website is very complicated, not interactive.
To use with cryptos, need install a program (like a resident browser) and make a bureaucratic identification routine, with pictures and movies - absolutely useless. Ask me to open my camera, hold my ID and read a text recording? CMOOOOM
My experience : the more complicated the registration system , the lower the number of users . With this ridiculous system of identification, this payservice / butterfly card is destined to fail.
I do a card mastercard with less bureaucracy .
This is my opinion - access to crypto has to be simple - who want more security , use a longer password .
Hello "wagnerbutterfly".
The PayServices platform via its VEMS allows people to buy and sell in crypto currencies but also to convert to different fiat currencies.
PayServices is a fully licensed Money Transmitter and Money Exchanger in various jurisdictions.
As such, anybody who wants to transact and be able to exchange at some point to fiat currency, needs to follow a simple procedure that requires 5 minutes of your time to provide some basic information.
You're invited to come back and complete the 3 steps verification process and start transacting like many others.