Post
Topic
Board Exchanges
Re: [ANN] SPECTROCOIN.COM Bitcoin Exchange, Wallet, Debit Card and Merchant solution
by
SpectroCoin_support
on 30/05/2017, 13:29:28 UTC
Hey!

So I've been trying to use a virtual bitcoin-funded card issued by Cryptopay/Uquid, but it is now impossible without prior verification. And these services DO NOT state that clearly, which means people who are not comfortable with providing their ID all over the planet will lose money on transactions and fees only to find that you can't attach that card to paypal without ID verification.

So, my questions are:
1. Do you use the same bank they do?
2. Do you OR your bank require me to provide some ID before I can even use my card with PayPal? I would also appreciate an up-to-date information, as Cryptopay said 'no, we don't need ID' and after that my card wasn't accepted by PayPal because the issuing bank blocked first payment needed to verify the card (the 1 pound transaction).

Thanks!

Hi,

1. Yes we use the same bank;
2. Whether PayPal accepts and allows to link unverified card or not depends on PayPal, however, bank blocks any unverified cards that are loaded by 3rd party merchants like PayPal. Therefore we advise you to verify SpectroCoin card if you want to use it with PayPal, which means providing ID for EU citizens or copy of a passport together with proof of address (utility bill or bank statement).