Well,if you speak about the "Crypto to a bank Card" option available in our NC SWAP, it is very simple, you just need a Bank Card (Visa or MasterCard) in order to convert you BTC into (USD or EUR) and receive your funds directly on your Card. There is no need of KYC, but you will have to fill the following informations in the form : Bank Card holder / 16 digits numbers / EXP DATE / Birth date of Card holder / and a telephone number wich is tied to the card.
It sounds great in theory and I think many people would be interested in this service and 4% is reasonable fee, but I am just wondering if this is going to work for all countries and cards in the world.
What are people going to get on their card bank statements, that payment was received from who and for what exactly?