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Topic
Board Exchanges
Re: Uquid bitcoin debit card reviews
by
btcton
on 01/11/2017, 05:13:58 UTC
I consider to sign up and request a Bitcoin debit card from Uquid. I want to know if I need to provide any personal data except the address to ship the card? Also, I would like to know if a verification is needed? I read that some card providers allow non-verified cards but the limit of withdrawals and payments are limited. Does this hold for Uquid as well?
If you want to request a bitcoin debit card then you have to wait as they are currently no issuing any cards and busy in ICO and searching for new partner they are issuing cards without verification but in this case some problems can happen to you best is complete your verification and then use card for deposits and withdrawals without any problem on all sites

What do you mean with new partners? As far as I know they are currently partnering with VISA. Are they looking to partner with Mastercard? Other big card providers doe not exist, except American Express, but it does not partner is such fields of business.
Since Uquid is currently not issuing new cards, do someone have experience with an alternative provider? I am urgently looking for a good service for a Bitcoin debit card.

A card provider is not the same as a card network. A provider is the one with the card licensing and partnerships with Visa/Mastercard already set up. A card network such as Visa or Mastercard is one that already has all transaction endpoints set up for the user. The provider simply partners up with Visa/Mastercard/whomever in order to be able to issue cards to people. Companies and organizations such as UQUID then make deals/contracts with providers and agree to follow their rules and guidelines for issuing cards under different customization options for their respective clients. Furthermore, the actual providers don't usually hold the money in the accounts, as the end companies themselves usually have a system for that. If you look at the API for a provider you will be able to see what UQUID and other similar companies have access to and have to manage on their end. A lot of it is actually out of their control and depends on the providers.