[sdfsdfsdfsdf3]

Isn't paysafecard the point-and-click-and-become-a-card-provider of the pay card industry along with Wirecard? Used by loads of dodgy no credit check providers, card providers going bust every other week, apparently its harder to spin up an AWS EC2 instance than it is to become a card provider with these jokers.

At a functional level - No 3DSecure support, unexplained failures, little insight from the vendor into paysafe infrastructure. I'm very surprised Coinbase launched on this mickey mouse platform. It's like launching a clothing brand with cafepress.com as your product provider

Ill stick with Monzo thanks

[Matsta]

Paysafe is a big player in the gambling industry. Getting a gambling license in the UK is extremely hard as there is a bit of lobbying involved by the big players.

Same goes in general for Cryptocurrency related services. If Coinbase were to directly provide Visa/Mastercard cards, they would never get approved for the appropriate license. Hence why they are partnering with Paysafe.

[strogonoff]

> along with Wirecard

> card providers going bust every other week

Any citations? No comment on this issuer but I’ve been using debit plastic from Wirecard for 5+ years with no acceptance issues and Payoneer doesn’t show signs of going bust.

[thesimon]

> No 3DSecure support

That should change within the next few weeks as PSD2 requires that.

[tluyben2]

Or an approved equally secure alternative: we for instance have dynamic cvv, no 3dsecure needed.

[tshanmu]

interesting that this comment has been voted up :) - you are not the target market - if you can spend the cryto you HODLing on Monzo as easily then your comment is valid.

[sdfsdfsdfsdf3]

The amount of KYC/AML nonsense you have to go through with Coinbase UK is higher than Monzo/Revolut/Transferwise/Starling, so if you qualify for Coinbase UK card you qualify for any number of better solutions. If you refer to the conversion of crypto to fiat, you simply withdraw to your Monzo or whatever and spend, yes it's an extra click but it beats the embarrassment of card rejected as acceptance of these clown cards is very hit and miss (despite the Visa/MC network backing).