Quote from: msukairi on January 21, 2018, 08:14:14 AM

What is the type of network used in Wagecan cards?

It's a MasterCard issued by a Chinese card issuer. Fees are insane. You first need to get the card and the fee for that alone is a hefty $225:

https://wagecan.com/Pricing

As you can see, they reduced it from an even heftier $250. If you think about it, the price reduction is still not very encouraging. If cash is what you're after with this card, have a look at their limits on the link above. It is max USD 25k per year for ATM transactions. If verified to KYC level 2, you can load an unlimited amount on the card but only $25k of that load is allowed for ATM use. The rest is for POS-based transactions or purchases in shops, restaurants etc.

You're allowed max 1 card in your name. The downside is the issuer of this card can arbitrarily impose KYC reverification even if you are already fully KYC verified. This can happen while you are about to withdraw, while you are loading the card, while you are about to pay... not nice.

Top up process is 2 to 7 business days. If there are Taiwan and HK public holidays in between, it will be 2 to 7 business days PLUS those holidays.

The one good news about it is that, unlike other restricted card programs, Americans are not restricted from applying for this card. Everyone can apply with a few exceptions (North Korea, Afghanistan, Iran etc). The card works globally.

If you lose the card, be aware of the fine print:

Card Replacement 51.00 USD

ATM Transaction International 2.5% (a minimum of 3 USD). This effectively means if you withdraw, say, $100 then the minimum would be the larger of either 2.5% of $100 or $3. Obviously it would be $3. As the amount increases, so does the fee also dramatically increases. Say $2000.. that would be 2.5% of 2000 or $50! That's WageCan's fee alone... not including the ATM's fee (the ATM you use the card on which is usually $5 or more).