Re: [ANN] Centra Tech ICO | Multi-Blockchain Worldwide Debit Card & Insured Wallet
From Centra tech slack channel:
Dear Community,
It has been brought to my attention that many of you have been wondering about the statements made by MasterCard to ban Cryptocurrency Debit Cards outside of EEA geographics. I have done some due diligence and phone calls with my issuers and banks and this in NO WAY effects the Centra Card and our operations. Our licensing agreement and Master Service Agreements gave us the same licensing rights to these institutional issuers that allow us to operate as Co-Branded Prepaid Debit Card Program in all regions we support. The MasterCard ban was made, again, to Wavecrest whom is the issuer for other cryptocurrency companies such as TenX, Xapo, etc. From my research, it seems as though these bans have been to Wavecrest for violating any licensing agreements they had in place with Visa & Mastercard. I am not positive on this matter of the ban, I am only reporting based on my research, however this issue does NOT apply to the Centra Card nor effect us in any way and been confirmed by our issuers.
Other Important Updates:
- We are in the process of upgrading our KYC/AML/BSA system to the "gold" standard in the industry used by top named Fortune 500 companies. That Press Release is scheduled for next week to announce the strategic partnership in the implementation of this new system!
- We will be doing our Weekly AMA on Monday 10/16 at 11:00 AM EST.
- We are the in process of finalizing our Support Desk to create tickets and follow up on orders/issues/questions.
- The Centra Wallet App is approved by both Google and Apple and is now downloadable in the respective stores.
- We are still awaiting the results of the audit and certification. We now have an accurate estimate of approximately 7-10 business days, as on the original internal report indicated some corrections that need to be made.
Thank you,
Centra Tech Team
Dear Community,
It has been brought to my attention that many of you have been wondering about the statements made by MasterCard to ban Cryptocurrency Debit Cards outside of EEA geographics. I have done some due diligence and phone calls with my issuers and banks and this in NO WAY effects the Centra Card and our operations. Our licensing agreement and Master Service Agreements gave us the same licensing rights to these institutional issuers that allow us to operate as Co-Branded Prepaid Debit Card Program in all regions we support. The MasterCard ban was made, again, to Wavecrest whom is the issuer for other cryptocurrency companies such as TenX, Xapo, etc. From my research, it seems as though these bans have been to Wavecrest for violating any licensing agreements they had in place with Visa & Mastercard. I am not positive on this matter of the ban, I am only reporting based on my research, however this issue does NOT apply to the Centra Card nor effect us in any way and been confirmed by our issuers.
Other Important Updates:
- We are in the process of upgrading our KYC/AML/BSA system to the "gold" standard in the industry used by top named Fortune 500 companies. That Press Release is scheduled for next week to announce the strategic partnership in the implementation of this new system!
- We will be doing our Weekly AMA on Monday 10/16 at 11:00 AM EST.
- We are the in process of finalizing our Support Desk to create tickets and follow up on orders/issues/questions.
- The Centra Wallet App is approved by both Google and Apple and is now downloadable in the respective stores.
- We are still awaiting the results of the audit and certification. We now have an accurate estimate of approximately 7-10 business days, as on the original internal report indicated some corrections that need to be made.
Thank you,
Centra Tech Team
This is a great news for the centra community.Having the partnership with a bank has really worked well for Centra and the ban has no effect on them.Constant updates, highly responsive support team, salute to you guys!!!
Waiting for the first worldwide supported debit card to be out anytime and the price would climb naturally.
We can't wait to get the card to everyone! The True Value of Centra has yet to be realized
