Zebec: New Instant Crypto VISA/MasterCard Launched?

[Martin Everson]

https://card.zebec.io
Anyone already tried this new crypto debit card provider it was launched yesterday it seems?

P.S It just came up in my feed ange¤%&

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[jafo]

Thank you!

Interesting! I got connected on Metamask and Solana (testing ones with little money)‌ just to see.

Then you can buy the card this way:

Your options are this:

If you try,⁣ like in my case, Monaco or Switzerland, you only get the Visa option. Schengen allows⁢ all other options (not doing that 😛 )

The end result is this:

I can't get︀ a Mastercard unless I use another address ... The Monégasque and Swiss addresses limit me︁ to ONLY a Visa. One would think that Monaco would be wide open. There are︂ no personal income taxes, but reality isn't so. As a matter of fact, for some︃ of you who may not know, Monaco is on the list of high-risk countries as︄ far as Chinese banks are concerned 🙄 . Nobody in the banks of China can tell︅ me why...actually, nobody can tell me why...even the so-called "bank experts" in Monaco 🙄

I'll try︆ paying with it today via my Google Pay at a Japanese/sushi restaurant. Wish me luck!︇ 😉 (or send bail money smi(&% )

 

[Martin Everson]

Thanks good feedback. Once I get some crypto I will have a play with it‌ also.

Do they just require a country and name? I think I read on faq‍ page KYC only kicks in for higher limit cards above $2,500?

P.S Is Bahamas listed?⁠ 😀

 

[jafo]

They asked, so I gave them mine.
They didn't ask for ID or utility bill though. I also only purchased a $1000 Visa‍ Prepaid card. Not exactly a "rich" experience smi(&%
I created another instance on a VM and when I went to look⁠ for Bahams, it wasn't there. They have e.g. Angola and Angola gives me all the⁤ options, including Mastercard and Visa. Identical to Schengen countries 🙄 , meanwhile Monaco and Switzerland are⁣ limited to only Visa. Go figure...

Confirm here:

They have Azerbaijan and Bangladesh but not⁢ the Bahamas. I don't even know what to think anymore ... not like thinking has︀ ever done me any good anyway. smi(&%

 

[Martin Everson]

Well you see what I am up against because of where I⁠ live lol. Oh well time to move to Bangladesh or Angola I guess.

I think cause their card service is new and too easy gov will eventually slap them⁢ on the wrist and force them to do tougher due diligence. Thats just my guess.︀

 

[EliasIT]

Please don't even think about it!! But⁠ you are probably right, unfortunately, it's only a matter of time before there are serious⁤ tightenings in KYC for that card.

 

[JohnnyDoe]

How did you get to know this card? I receive all sort of crypto spam⁠ but I missed this one.

Their primitive 2fa is annoying, and overall the whole setup⁤ doesn’t seem much trustworthy. Looks like a rug pull project.

The fact that they don’t⁣ ship to Bahamas might mean that they are based there.
Anybody knows who they are?⁢

 

[jafo]

Until then, I'm taking advantage of it. rof/%

PS. On the "uncertain" platforms,⁠ I only use crypto I "obtained" from ATMs (cash) in CH or p2p. No need⁤ to invite 1000s of low-IQ gang members with guns & badges to my address. 🙄

They are in San Francisco. 😉 (They do NOT allow Venezuela, Russia,︂ Iran etc etc...the usual suspects 🙄 )

Here's their LinkedIn: https://www.linkedin.com/company/zebec-protocol/about/

A few (maybe 4?) VCs︃ invested in them: Venture Round - Zebec - 2022-08-29 - Crunchbase Funding Round Profile

Their employees are here: Sign Up | LinkedIn

Their website has been around and the expiration︄ date is 5 years down the line:

You can connect with the creator here: https://www.linkedin.com/in/zebecsam/

or here:
https://twitter.com/sam_thapaliya
I already connected with one...just to make sure... It's "legit", but STILL︅ do your OWN due diligence (I don't know how many times I have to repeat︆ that I'm an idiot rof/% )

"I" paid my pick-up order from the Japanese restaurant yesterday︇ with NO problems using Google Pay (I never used Google Pay on that particular phone︈ "I" used to pay).

So far, so good.

Important: I get my cryptos from my︉ customers who pay me for the products I procure for them. Before that, I contained︊ my cryptos from ATMs or P2P. So, my OPSEC may or may not be tight,︋ but I'm paying for Japanese food and some drinks... 🙄

PS. This is NOT strange or︌ unusual for American companies to be able to do. I am using several right now︍ and they have NO KYC and I've been using them for a good while.

😉

 

[Wellington]

Looks good... but why need to connect wallet.

Shido is another one set up an‌ account to pay for a early startup costs to have consolidated record keeping before moving‍ it to a bank (proper later)

So far initial payment went missing then a larger⁠ payment earlier today still not credited (seeding account for month of operational vendor costs).

Don't really trust these things but also doesn't make sense to go through all the hassle⁤ for a startup banking you have these days.

 

[Flxy]

Tried it too.

They are using API of Digital Wallet to issue prepaid cards.

Zebec just generates a "token", which you then use to provision the actual card at the‌ above website.

So once you top-up the card, your money are no longer managed/administered by‍ Zebec.

Onbe.com is behind this issuing/managing service.

 

[koohl]

Nice research guys, keep the information floating please.