Ripple/Visa Card.

[Mr760]

I would love to see a Ripple/Visa card for an allocated amount of XRP, back by the network and connection of MV. He's got the experience and I like the thought of XRP backed by PM. This could be something banks could do, cut costs creating smart banks with asset management and use of the Networks 

Is there discussion of such Risa Ripple/Visa card? 

[dazlightyear]

Probably not a popular answer in a Ripple forum but Coinbase have just announced that they are developing an Ethereum debit card:

http://tokencard.io/

In the bumf they advise that they are preparing us for 'The Post Bank Era', which is apt considering the discussions going on in a couple of other threads here just at the moment. In fact, section 6.3 of their whitepaper is titled 'Ditching Banks Altogether'.

The beauty of this solution is that your ETH (or ERC20 tokens) are held within a smart contract, and so you do not have to trust any institution with your funds (which is the case for Bitcoin debit cards). You can interact with the contract via an Ethereum browser to update your daily/weekly spending limits, to freeze the card etc.

Ripple is laser focused on enabling rather than disintermediating banks and so I'm not expecting to see a similar Ripple based solution. Instead bank issued cards will run on Ripple's rails.

 

[rohanneal]

well there is debit card 

 

https://uquid.com/ripple-xrp-debit-card

 

 

[Guest]

3 minutes ago, rohanneal said:

well there is debit card 

https://uquid.com/ripple-xrp-debit-card

looks shady 

[rohanneal]

dont know about that but its there...so do some research if u like

[dazlightyear]

29 minutes ago, rohanneal said:

well there is debit card 

 

https://uquid.com/ripple-xrp-debit-card

 

 

Uquid appears to accept a very wide range of cryptocurrencies (not just Ripple). The webpage devoted to Ripple is no doubt just there for SEO purposes.

As @zerpdigger mentioned, their website hardly inspires confidence.

A quick look at the site suggests you can top up your card using a wide variety on crypto. This is immediately converted to either USD, EUR or GBP. Not much innovation there.

[GutZ]

https://themerkle.com/4-companies-providing-bitcoin-point-of-sale-terminal-payments-to-store-owners/

"1. INGENICO

The world of point of sale terminal payments was quite surprised to find out Ingenico enabled bitcoin payments in 2015. At that time, one of the world’s leading point of sale terminal manufacturers partnered with Bitpay to provide this functionality. Considering how thousands of retailers around the world use Ingenico payment terminals, this feature will certainly help put bitcoin on the map in the coming years.

When the press release was issued, it was mentioned how BitPay integrated the bitcoin payment option on an Ingenico ICT250. Ever since that time, there has been very little news regarding the bitcoin payment option as part of Ingenico payment terminals, although it appears, any merchant who owns this particular type of terminal still has access to the option without any problems. It is well worth checking out, since choosing this option does not require store owners to switch terminals, as the Ingenico terminal still accepts regular payments just fine."

 

It might be nice to partner with a company like this.

[ltrading]

15 hours ago, dazlightyear said:

Uquid appears to accept a very wide range of cryptocurrencies (not just Ripple). The webpage devoted to Ripple is no doubt just there for SEO purposes.

As @zerpdigger mentioned, their website hardly inspires confidence.

A quick look at the site suggests you can top up your card using a wide variety on crypto. This is immediately converted to either USD, EUR or GBP. Not much innovation there.

When you top-up you convert your crypto to USD/EUR/GBP at shockingly bad exchange rates.

Just another crappy pre-paid card

[Mr760]

I opened an account. But I will just wait and see. 16.99 for a card. Not inspired at all. And $1 for a virtual. You'd think it be free with the capital generated for interest rates and charges.

[Arty]

Well Litecoin are also claiming to have a deal with VISA.
https://www.litepay.us

I don't believe it and the site is preemptive of 2018. 

Perhaps Charlie Lee sold his litecoin because he anticipated a lot of false statements coming out of the Litecoin team regarding their future status and deals. It's still Wild West in crypto land.