They apparently get better conditions than Monaco or Tokencard, because they work directly with VISA and MASTERCARD.
Are you sure? They have the same card issuer as others. Check quote from their T&C
https://www.tenx.tech/card-terms.html1. Card Issuer. The TenX Debit Card is issued by WaveCrest ("Card Issuer") who manages the card program called MyChoice. The TenX Debit Card is issued by WaveCrest under the MyChoice program. Not unlike any other card program in existence, multiple parties, such as Visa, FIS and other similar parties, are part of the payment network that TenX cardholders and their information can access. This is necessary in order for transactions to take place, and TenX cardholders cannot opt out of such services.