Ok thanks for quick update.
I agree to some extent related to high loading fees of world cards ,still appreciate your heads up related to similar fee structure of expected upcoming world cards.
For refund part,it's fine if you don't consider.
That said will suggest you to do take a look at your competitor card program eg. BTSE card,they do have high load fees at par with around 2.5% but having 0 fx charges (just subscribing for monthly plan to get the card and then discontinuing their elite Membership renewal).Also since it is also an exchange so no separate fees related to crypto deposits etc...
Though I was expecting fee structure at par with EU/Russia cards etc..Also I do understand it's not upto you depends on card providers as well..
Thing is, 2.5% is not a high load fee actually if you look at all the available offers. The way this market is today, nobody can launch and maintain a viable card product with a fee lower than 2-3% internationally and 1% at best for the EU. That is, if they can send cards outside EU at all, which is very rare.
It is all heavily influenced by bank conditions, cross border transaction fees and other factors. When and if we can, we push the fees down.
Yes that's fair point.
Also 2.5% is also acceptable I will say. But do bring out crypto/stable coins storing feature within Advcash itself.
Reasoning -- Currently one has to transfer crypto/usdt etc. and the conversion rate is realtime (which is around 1-1.5% less than realtime price) since it provides a window period of cyrpto to fiat conversion and withij that window the price may change so according it's fairly priced. USDT is the cheapest way to load into Advcash currently (1 USDT fee but considering it with withdraw fee from other exchanges for say ERC20 is atleast 2USDT+). That said overall it would be around 2.5+1.5 = 4 percent (say for 300 USD transfer)
This part can ofcourse be minimised with USDT TRX (free withdrawal from exchanges is 0) and I appreciate for your noting it down.Along with already stored crypto which can be converted as and when required.
Also do make an effort to keep the fee structure at par or better than Paytend (your competitor using this card issuer) for World Card.