Romania-based bitcoin exchange BTCXchange in collaboration with Chinese card firm UnionPay has rolled out new debit card.
Now, users can place order for the debit card on the company’s web portal through Withdrawals > UnionPay Debit Card.
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Users can load the card with USD from their BTCXchange accounts and can be used to withdraw funds at ATMs, pay online and in-stores.
The new card comes with an issuance fee of $25, loading fee of 3.99% (minimum $10), and ATM withdrawal fee of $4.15. Furthermore, cardholders will have to pay $2.75 for checking balance at ATMs and $1.25 for making payment at POS.
The debit card can be used to make payments/withdrawals amounting $10,000 per month, while maximum of $2,000 can be paid or withdrawn in a single transaction.
In a statement, the BTCXchange said: “Now there is no need to wait for wire transfers, you can load the card directly from your BTCXchange account, or keep your funds in bitcoin.”
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By GlobalData“Please note, the UnionPay Card is not a Visa or MasterCard and therefore will not work at all ATMs, please check if this type of card is accepted in your region. UnionPay cards are accepted in the EuroNet network of ATMs.”
