The Company that manages Bitpay Visa Wave Crest Holdings have announced that they will no longer be able to issue or maintain Bitpay Visa outside of Europe, This means my Bitpay visa as of 15 October 2017 will not be able to be used :(
Now i need to find another Crypto Visa/Mastercard, i might go for this one https://www.bitwala.com/
Below is a copy of the Email i got sent this morning
Hi, BitPay cardholders,
Our prepaid card program issuer Wave Crest Holdings Limited recently announced that it will no longer be issuing or maintaining Visa® Prepaid Cards outside of the territory of Europe.
This unfortunately means that the BitPay Card will no longer be available or usable outside of the countries in the European territory. Existing BitPay Cards and other Visa Prepaid Cards registered to cardholders outside of the territory of Europe will be closed as of 15 October, 2017.
We're sending you this email because this change will affect your BitPay Card. Keep reading to learn what you need to do next and what we're doing to make this right.
What You Need to Do Next
You can continue to use your BitPay Card as usual until 15 October, 2017 at 11:59 PM GMT. After this time, your card will be deactivated, and you will no longer be able to use it.
If you are still waiting for us to finish our review of your card application, we will be refunding your order fee and your card will not be created (see below for details). If your card is already in the mail, you will be able to activate and use your card until the 15 October deactivation date.
Please be sure to spend or withdraw any remaining balance on your BitPay Card before 15 October 2017. We recommend that you stop loading further funds onto your card in advance of the deactivation date, and we will be suspending your ability to load your card on 5 October 2017. This will help to ensure that you do not have funds on your card at deactivation.
If you do still have a balance on your card after your card is deactivated, we will provide you with a refund in keeping with our Cardholder Agreement. We will be reaching out to you directly with details if you still have a balance after the deactivation date.
What BitPay Is Doing for Affected Cardholders
We're sorry that we'll no longer be able to serve your area, but one setback won't stop us. We are already working to find partners which will enable us to issue the BitPay Card in your country again. We still look forward to continuing our work with Visa in the US, the European territory, and wherever we can issue cards in the future.
Thank you for being one of the first people in your country to get the BitPay Card. We love early adopters like you, and this setback won't keep us from getting service to you in the future. Keep an eye on your email inbox. You'll be one the first to know.
Until we can come back to your country, we will be refunding your card order fee. Check your email inbox for a message from noreply@bitpay.com. This email will allow you to claim a bitcoin refund. Note that BTC refunds claimed later than 3 days may be subject to rate changes.
Finally, if you have any questions about what this change means for your card, please feel free to contact our team.
The BitPay Team
