Quote from: smithytzu on March 06, 2014, 10:12:54 AM

Thanks ck.

I've been looking into a fully customizable re-loadable visa which would also provide cash out as an option, load it with BTC and spend when you want to, It is possible, we can do it, I've spoken to one of the main providers wholesale banking products that links into the major banks and it can be done, but the capital outlay is going to be close to 100k by the time we do all the integration work and get the right kind of systems in place. There's some big upfront costs for Anti Money Laundering stuff among other things when you step into the big boys world.

It's something I'm personally really keen on doing, but at this stage the market hasn't been big enough to justify, once we start to average around 5-10 card sales a day of our existing eftpos card, I'll probably suck it up and get the capex and do it.

I have spoken to one other provider that will be able to provide a re-loadable visa card to us without the capex (but high card costs), but they can't provide any integration, not even CSV import/exports which means we'd have to reload the cards manually which is just stupid and would cause all kinds of problems.

If we're going to do it, I want to do it properly, so at this stage I'm holding out.

In the interim, I'm focusing hard on the basics and ensuring we can offer a good solid service with solid customer service.

Smithy

Nice work. A reloadable VISA would be awesome. Aussies need to get behind this service! Good luck!