Curious...Is this more FUD from Capital One?

[OldManWinter]

I guess this explains.  Sorry I started this thread.  I should have researched this first.

 

[rg809wPPM]

7 minutes ago, OldManWinter said:

Try to write down exactly what they say.  I don't remember word for word what the rep told me.

I just got off the Phone with them and as of Jan12th they no longer approve Coinbase CC transactions. She said it was more of the third party trust issue and not the cc holder trust. In other words they no longer trust Coinbase as a "Merchant Account".

[OldManWinter]

Just now, rg809wPPM said:

I just got off the Phone with them and as of Jan12th they no longer approve Coinbase CC transactions. She said it was more of the third party trust issue and not the cc holder trust. In other words they no longer trust Coinbase as a "Merchant Account".

Thanks for finding that out.  I should have asked those questions.  I'm glad you did.

[rg809wPPM]

Just found this which talks about that decision may change...

 

https://www.investopedia.com/news/capital-one-blocks-cryptocurrency-purchases-its-card/

[OldManWinter]

5 minutes ago, rg809wPPM said:

Just found this which talks about that decision may change...

 

https://www.investopedia.com/news/capital-one-blocks-cryptocurrency-purchases-its-card/

I guess this closes the book on this question.

Thanks

[jmrichky]

They need to get with the times or be left behind.  Its really that simple.