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Review on BitPay USD by Arek Adamczewski
Bitpay a respected crypto card
Bitpay is a well known company in the BItcoin ecosystem which provides payment solutions for businesses and individuals. It allows you to get a prepaid Visa card that is loaded through your Bitpay account. The BitPay Prepaid Visa Card is available to residents in all 50 US states. You must have a home address (no PO boxes), government-issued ID, and Social Security number to apply.
The card costs a flat fee of $9.95 and takes about 7 days to arrive in the mail. When traveling outside of the United States of America you will pay a fee of 3% to cover the cost of currency conversion. There is a $2.00 fee for ATM or cash-back withdrawals inside the US and a $3.00 fee for any ATM or cash-back withdrawals outside of the country. You can see a complete fee list here. There are no transaction fees for the Bitpay card.
Pros
- Bitpay is a well known company
- Bitpay card accepted worldwide
Cons
- Bitpay is limited to US residents only
- Bitpay doesn’t have chip and pin, requires verification
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Comments (1)
January 10, 2020
All right, I would like you to leave your comfort zone and risk providing service to people outside the USA.
