Quote from: Johnyz on Today at 08:58:52 PM

Quote from: LotusHedel on Today at 08:05:48 PM

Do more people have a suggestion and/or opinion? Would love to hear them.

Which countries are available for this virtual card? Is no KYC really guaranteed or not?
Is there a need for a collateral here since this is a virtual card and how can you know if the borrower is legit?

Actually the idea is great, I just want to know more how it works since the usual card needs your information so they can track you and if you didn’t pay them, you’ll get the bad records on the whole system.

Hi, thanks for your response.
So to answer your question, this is the flow of the system.

1. User creates an account
2. User needs to fund their $ wallet by using, for example, Crypto(No KYC), PerfectMoney(No KYC), Bank(KYC) or Creditcard(KYC). (Later possible more)
3. User can now buy a preloaded ($25, $50, $100, $150, $200, $250) Virtual Debit cards(No KYC) or they can buy a reloadable/withdrawable card and add funds from their wallet (KYC needed)
(When buying a card you can enter a name and valid address for the card, also can buy as many cards you want with no limit, all card details and transactions are in your dashboard)

4. User can also withdraw from the card if they bought a reloadable/withdrawable card, however also for this option you need to complete KYC.

So all cards are preloaded by the user before he can use them.

Technically, user from all countries can buy a card. (Except from countries on the US/EU sanctions list)

That's it