Novacard: Anonymous Visa Prepaid Cards [Bitcoin, Lightening...] \ stacker news ~bitcoin

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Novacard: Anonymous Visa Prepaid Cards [Bitcoin, Lightening...]novacard.co

285 sats \ 15 comments \ @novacard 20 Jul bitcoin

23 sats \ 4 replies \ @south_korea_ln 20 Jul

Novacard Atlas cannot be activated and used at following countries: Albania, Belarus, Congo, Ivory Coast, Cuba, Iran, Iraq, South Korea, North Korea, Lebanon, Libya, Myanmar, Nicaragua, Pakistan, Somalia, South Sudan, Sudan, Syria, Turkey, Ukraine, Venezuela, Yemen, Zimbabwe

These cards cannot be used for: Subscription services Loading funds into digital wallet balances (e.g., Revolut, Venmo, Wise) Withdrawing cash from an ATM

We charge 7.5% of card value (minimum 5 USD) for card issuance, there is not monthly fee or transaction fee for USD payments. Card issuer charges 2 USD + 2% for non-US payments.

Cryptocurrencies We accept Bitcoin, Ethereum, Litecoin, Solana, Polygon, Tron and stablecoins.

13 sats \ 1 reply \ @BlokchainB 20 Jul

7.5% good lord!!

13 sats \ 0 replies \ @south_korea_ln 20 Jul

Perfect to burn the shitcoins fast.

13 sats \ 1 reply \ @novacard OP 20 Jul

Hi, it might not be the ideal solution for international users but we wanted to add it as an option while we are talking with other issuers for better cards.

0 sats \ 0 replies \ @konstantin21 21 Jul

deleted by author

113 sats \ 2 replies \ @supratic 20 Jul

Lightening... something is wrong here

0 sats \ 1 reply \ @novacard OP 20 Jul

You are right, sorry for the typo :/ It seems like I cannot edit post after some time, it was possible at first minutes.

13 sats \ 0 replies \ @WeAreAllSatoshi 20 Jul

There is a 10 minute edit window on posts and comments

14 sats \ 1 reply \ @Wumbo 20 Jul

Great job providing additional options to the Bitcoin Community. The more the better.

Question in regards to in your trouble shooting section:

Turn off adblockers or VPN before redeeming your card on the site to avoid issues.

What is the issue with VPN usage?
Is there a blacklist of IP address that is being checked?
Is this NovaCard maintaining this list or a third party (if so who)?

0 sats \ 0 replies \ @novacard OP 20 Jul

When you purchase a prepaid card, we send you card management link by email (which is card issuer's website). You need to visit that page to see card details, transactions etc.

Card issuer restricts access from unsupported countries and as VPNs are not allowed by them. We can actually send you card details directly without any 3rd party link, but you cannot see transaction history in this case. (if you prefer that you can contact live support)

13 sats \ 1 reply \ @Signal312 20 Jul

7.5% does seem very high. What are the factors that cause it to be so high? I imagine lack of competition is big, though there must be a reason there's little competition. Is it very challenging in terms of regulation to have a card like this?

I started a purchase just to see what it's like. It looks like the only thing that's requested is an email, is that correct?

23 sats \ 0 replies \ @novacard OP 20 Jul

Most card issuers ask for KYC verification, this is why we don't have so many different card options. They charge some fee, we also pay fee for payment processing and crypto-to-fiat process. Indeed our fee is not low, but some big competitors charge up to 3 times higher fees compared to us. Possible solution for us is integrating better card issuers.

Yes all we need is email address, no account is required to use our service. We also recommend using email aliases as they increase privacy.

13 sats \ 2 replies \ @jagjothS 20 Jul

What about other countries besides those listed? Not available yet?

Besides 7.5% is 😱

13 sats \ 0 replies \ @novacard OP 20 Jul

Novacard Eagle works fine for online / Apple Pay payments in the US but it rejects all requests from non-US merchants. Atlas cards support all countries except restricted ones, as long as merchant accepts prepaid cards and does not require 3DS you can use it.

13 sats \ 0 replies \ @south_korea_ln 20 Jul

I guess other countries are fine. I just highlighted the stuff i think people should know to save them some time in case any of those factors bother. The rest seems ok, if you need to have an anonymous card to spend your bitcoin. You'll need to give them an email address where they'll send the card.

I was maybe a bit harsh, but this sounded like a shitcoin company shilling their fiat crypto garbage. First and only post. Know your audience ;)