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DonatorSr. MemberActivity: 296Merit: 250 [ANN] Withdraw your bitcoins to ANY credit/debit card in the world! April 12, 2012, 01:53:17 PM #1



We are very excited to announce a new service that will revolutionize how you get your funds for your traded Bitcoins!



Announcing: Withdraw2Card



What is it?

Withdraw2card allows you to sell your Bitcoins and receive your funds on a debit or credit card you already own! Works with any credit/debit card in the world, denominated in any currency!



How does it work?

You sell your Bitcoins at the exchanger of your preference (currently supported: MtGox, BTC-e, CryptoXchange, and Bitcoinica). You withdraw your funds by a redeemable code. You use this code on our website to order a payment to your debit/credit card.



How long does it takes to get the funds?

We send the funds instantly and your bank credits the amount within 1 to 4 business days (with 85% of customers getting the funds within 2 to 3 business days).



Which credit cards are supported?

Works with Visa, MasterCard, Amex, Diners, JB and many other major networks.



In which currencies can you send funds

We can natively send funds in both USD and EUR, however, if your card is denominated in a different currency, you can still use our service! For example, if your card is denominated in GBP, simply select the USD option on our site. We will send you the USD funds, and your card issuer will automatically convert your funds to GBP. It is that easy! We can send funds to cards issued in any country in the world!



How much does it cost?

There is a fee of $9 for each USD payment, and 7 for each EUR payment charged by the processor. In addition, there is a percentage fee charge by our company that varies according on how you pay us. For a current list of fees, please visit:

https://www.aurumxchange.com/rates



Can I use this as a cheap alternative to wire transfers?

YES!! If you send funds to a debit card linked to your bank account (for example, your debit card issued by Chase and linked to your checking account), your funds will be automatically credited to your account! When you think of all the fees involved in international bank wires (such as sending fee, receive fee, intermediary bank fees, etc), this might be an excellent alternative, specially for smaller amounts.



What are the minimum and maximum amounts I can send to my card?

The minimum amount is $15 for USD payments, and 12 for EUR payments. The maximum is $1,000 and 1,000. PLEASE NOTE: You should NEVER attempt to send more than your card credit limit, if there is one. For example, if your card's purchase limit is $500, do not attempt to send more than that to your card, or some delays might occur.



Can I cash out other electronic currencies by this method as well?

YES! Anything that we accept, you can cash out to your card! Some electronic currencies we work with are: Liberty Reserve, PerfectMoney, Pecunix, CosmicPay, HD-Money, and C-Gold.



Where can I learn more?

Please check our knowledge base for more information:

https://www.aurumxchange.com/help/knowledgebase.php?category=7



If you have any questions or comments, please feel free to post on this thread or open a support ticket on our website.



Thank you!

The AurumXchange Company









Dear Bitcoiners,We are very excited to announce a new service that will revolutionize how you get your funds for your traded Bitcoins!Withdraw2card allows you to sell your Bitcoins and receive your funds on a debit or credit card you already own! Works with any credit/debit card in the world, denominated in any currency!You sell your Bitcoins at the exchanger of your preference (currently supported: MtGox, BTC-e, CryptoXchange, and Bitcoinica). You withdraw your funds by a redeemable code. You use this code on our website to order a payment to your debit/credit card.We send the fundsand your bank credits the amount within 1 to 4 business days (with 85% of customers getting the funds within 2 to 3 business days).Works with Visa, MasterCard, Amex, Diners, JB and many other major networks.We can natively send funds in both USD and EUR, however, if your card is denominated in a different currency, you can still use our service! For example, if your card is denominated in GBP, simply select the USD option on our site. We will send you the USD funds, and your card issuer will automatically convert your funds to GBP. It is that easy!There is a fee of $9 for each USD payment, and 7 for each EUR payment charged by the processor. In addition, there is a percentage fee charge by our company that varies according on how you pay us. For a current list of fees, please visit:YES!! If you send funds to a debit card linked to your bank account (for example, your debit card issued by Chase and linked to your checking account), your funds will be automatically credited to your account! When you think of all the fees involved in international bank wires (such as sending fee, receive fee, intermediary bank fees, etc), this might be an excellent alternative, specially for smaller amounts.The minimum amount is $15 for USD payments, and 12 for EUR payments. The maximum is $1,000 and 1,000.. For example, if your card's purchase limit is $500, do not attempt to send more than that to your card, or some delays might occur.YES! Anything that we accept, you can cash out to your card! Some electronic currencies we work with are: Liberty Reserve, PerfectMoney, Pecunix, CosmicPay, HD-Money, and C-Gold.Please check our knowledge base for more information:If you have any questions or comments, please feel free to post on this thread or open a support ticket on our website.Thank you!The AurumXchange Company

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DonatorSr. MemberActivity: 296Merit: 250 Re: [ANN] Withdraw your bitcoins to ANY credit/debit card in the world! April 12, 2012, 02:10:06 PM #3 Quote from: Etlase2 on April 12, 2012, 02:04:11 PM Fees, fees, and more fees. Why do you charge significantly more to deposit to the Aurum MC? Do you have to pay a % on amounts for all these fees too? Otherwise capping the fees would certainly be a nice gesture for people that move more than just a few hundred around. Wires can usually be done for $30-$50 on any amount whereas at $1,000 you're already looking at $39.



Most of the fees go to the processor. Loading to Aurum MC is more expensive because of the instant load, there is a % fee there from the processor too.



Fees are a fact of life when moving money around. $39 is still better than the average $45 in fees when sending international wires.



Lower fees means more turn over, and more profit for us. We keep the fees as low as we can while still be able to make a profit.

Most of the fees go to the processor. Loading to Aurum MC is more expensive because of the instant load, there is a % fee there from the processor too.Fees are a fact of life when moving money around. $39 is still better than the average $45 in fees when sending international wires.Lower fees means more turn over, and more profit for us. We keep the fees as low as we can while still be able to make a profit.

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DonatorSr. MemberActivity: 296Merit: 250 Re: [ANN] Withdraw your bitcoins to ANY credit/debit card in the world! April 12, 2012, 02:49:55 PM #5 Quote from: kangasbros on April 12, 2012, 02:40:47 PM This is unique and hugely needed service.



Thank you for pointing this out. It took us nearly 9 months to negotiate this contract and pass the licensing / scrutiny involved to be able to be authorized by the big card players to have direct access to send funds on their network, and it is very discouraging when the first comment is somebody complaining about fees, which most of them are out of our control.



I think people don't understand the investment in both capital and work involved in moving fiat. Licensing, legal fees, structuring, etc. specially after 9/11, when governments now have the perfect excuse to meddle into everything, and that cost money, both for the banks and credit card companies that are passed onto the merchant.



The processor fee by the way, we might be able to negotiate down with volume, but until that happens, we are stuck with them.



I believe this is huge for bitcoin, and I appreciate your comment.



Roberto

Thank you for pointing this out. It took us nearly 9 months to negotiate this contract and pass the licensing / scrutiny involved to be able to be authorized by the big card players to have direct access to send funds on their network, and it is very discouraging when the first comment is somebody complaining about fees, which most of them are out of our control.I think people don't understand the investment in both capital and work involved in moving fiat. Licensing, legal fees, structuring, etc. specially after 9/11, when governments now have the perfect excuse to meddle into everything, and that cost money, both for the banks and credit card companies that are passed onto the merchant.The processor fee by the way, we might be able to negotiate down with volume, but until that happens, we are stuck with them.I believe this is huge for bitcoin, and I appreciate your comment.Roberto

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Full MemberActivity: 214Merit: 100 Re: [ANN] Withdraw your bitcoins to ANY credit/debit card in the world! April 12, 2012, 03:10:19 PM #7 Quote from: aurumxchange on April 12, 2012, 01:53:17 PM



We are very excited to announce a new service that will revolutionize how you get your funds for your traded Bitcoins!



Announcing: Withdraw2Card



What is it?

Withdraw2card allows you to sell your Bitcoins and receive your funds on a debit or credit card you already own! Works with any credit/debit card in the world, denominated in any currency!



How does it work?

You sell your Bitcoins at the exchanger of your preference (currently supported: MtGox, BTC-e, CryptoXchange, and Bitcoinica). You withdraw your funds by a redeemable code. You use this code on our website to order a payment to your debit/credit card.



How long does it takes to get the funds?

We send the funds instantly and your bank credits the amount within 1 to 4 business days (with 85% of customers getting the funds within 2 to 3 business days).



Which credit cards are supported?

Works with Visa, MasterCard, Amex, Diners, JB and many other major networks.



In which currencies can you send funds

We can natively send funds in both USD and EUR, however, if your card is denominated in a different currency, you can still use our service! For example, if your card is denominated in GBP, simply select the USD option on our site. We will send you the USD funds, and your card issuer will automatically convert your funds to GBP. It is that easy! We can send funds to cards issued in any country in the world!



How much does it cost?

There is a fee of $9 for each USD payment, and 7 for each EUR payment charged by the processor. In addition, there is a percentage fee charge by our company that varies according on how you pay us. For a current list of fees, please visit:

https://www.aurumxchange.com/rates



Can I use this as a cheap alternative to wire transfers?

YES!! If you send funds to a debit card linked to your bank account (for example, your debit card issued by Chase and linked to your checking account), your funds will be automatically credited to your account! When you think of all the fees involved in international bank wires (such as sending fee, receive fee, intermediary bank fees, etc), this might be an excellent alternative, specially for smaller amounts.



What are the minimum and maximum amounts I can send to my card?

The minimum amount is $15 for USD payments, and 12 for EUR payments. The maximum is $1,000 and 1,000. PLEASE NOTE: You should NEVER attempt to send more than your card credit limit, if there is one. For example, if your card's purchase limit is $500, do not attempt to send more than that to your card, or some delays might occur.



Can I cash out other electronic currencies by this method as well?

YES! Anything that we accept, you can cash out to your card! Some electronic currencies we work with are: Liberty Reserve, PerfectMoney, Pecunix, CosmicPay, HD-Money, and C-Gold.



Where can I learn more?

Please check our knowledge base for more information:

https://www.aurumxchange.com/help/knowledgebase.php?category=7



If you have any questions or comments, please feel free to post on this thread or open a support ticket on our website.



Thank you!

The AurumXchange Company











Dear Bitcoiners,We are very excited to announce a new service that will revolutionize how you get your funds for your traded Bitcoins!Withdraw2card allows you to sell your Bitcoins and receive your funds on a debit or credit card you already own! Works with any credit/debit card in the world, denominated in any currency!You sell your Bitcoins at the exchanger of your preference (currently supported: MtGox, BTC-e, CryptoXchange, and Bitcoinica). You withdraw your funds by a redeemable code. You use this code on our website to order a payment to your debit/credit card.We send the fundsand your bank credits the amount within 1 to 4 business days (with 85% of customers getting the funds within 2 to 3 business days).Works with Visa, MasterCard, Amex, Diners, JB and many other major networks.We can natively send funds in both USD and EUR, however, if your card is denominated in a different currency, you can still use our service! For example, if your card is denominated in GBP, simply select the USD option on our site. We will send you the USD funds, and your card issuer will automatically convert your funds to GBP. It is that easy!There is a fee of $9 for each USD payment, and 7 for each EUR payment charged by the processor. In addition, there is a percentage fee charge by our company that varies according on how you pay us. For a current list of fees, please visit:YES!! If you send funds to a debit card linked to your bank account (for example, your debit card issued by Chase and linked to your checking account), your funds will be automatically credited to your account! When you think of all the fees involved in international bank wires (such as sending fee, receive fee, intermediary bank fees, etc), this might be an excellent alternative, specially for smaller amounts.The minimum amount is $15 for USD payments, and 12 for EUR payments. The maximum is $1,000 and 1,000.. For example, if your card's purchase limit is $500, do not attempt to send more than that to your card, or some delays might occur.YES! Anything that we accept, you can cash out to your card! Some electronic currencies we work with are: Liberty Reserve, PerfectMoney, Pecunix, CosmicPay, HD-Money, and C-Gold.Please check our knowledge base for more information:If you have any questions or comments, please feel free to post on this thread or open a support ticket on our website.Thank you!The AurumXchange Company

Can someone explain what has changed to allow this to be possible? It sounds like you're somehow able to push payments to a credit card number instead of debiting it. Have Visa/Mastercard changed the rules?



Dose this work with otherwise non-reloadable visa/mastercard gift cards? Can someone explain what has changed to allow this to be possible? It sounds like you're somehow able to push payments to a credit card number instead of debiting it. Have Visa/Mastercard changed the rules?Dose this work with otherwise non-reloadable visa/mastercard gift cards? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ NTOK ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

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Hero MemberActivity: 798Merit: 1000 Re: [ANN] Withdraw your bitcoins to ANY credit/debit card in the world! April 12, 2012, 03:45:13 PM #8 Quote from: kangasbros on April 12, 2012, 02:40:47 PM I don't understand what you are complaining. This is unique and hugely needed service. If you think there are too much fees, why don't you offer a competing service?



Personally I don't just care, I only complain if the fees are hidden. Here they are in plain sight.



What, in particular, does this solve? Now the people who mined lots of coins can privately move their wealth back into fiat? It doesn't do anything much for people who bought into bitcoins.



I pay 1.5% to buy coins

I pay 1.5% to sell coins

I pay 3%+$9 to cash out mtgoxUSD



So 6%+ for what, being back where you started? Or making a payment to someone? This'll make waves What, in particular, does this solve? Now the people who mined lots of coins can privately move their wealth back into fiat? It doesn't do anything much for people who bought into bitcoins.I pay 1.5% to buy coinsI pay 1.5% to sell coinsI pay 3%+$9 to cash out mtgoxUSDSo 6%+ for what, being back where you started? Or making a payment to someone? This'll make waves Decrits

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DonatorSr. MemberActivity: 296Merit: 250 Re: [ANN] Withdraw your bitcoins to ANY credit/debit card in the world! April 12, 2012, 03:49:07 PM #9 Quote from: MacRohard on April 12, 2012, 03:10:19 PM Quote from: aurumxchange on April 12, 2012, 01:53:17 PM



We are very excited to announce a new service that will revolutionize how you get your funds for your traded Bitcoins!



Announcing: Withdraw2Card



What is it?

Withdraw2card allows you to sell your Bitcoins and receive your funds on a debit or credit card you already own! Works with any credit/debit card in the world, denominated in any currency!



How does it work?

You sell your Bitcoins at the exchanger of your preference (currently supported: MtGox, BTC-e, CryptoXchange, and Bitcoinica). You withdraw your funds by a redeemable code. You use this code on our website to order a payment to your debit/credit card.



How long does it takes to get the funds?

We send the funds instantly and your bank credits the amount within 1 to 4 business days (with 85% of customers getting the funds within 2 to 3 business days).



Which credit cards are supported?

Works with Visa, MasterCard, Amex, Diners, JB and many other major networks.



In which currencies can you send funds

We can natively send funds in both USD and EUR, however, if your card is denominated in a different currency, you can still use our service! For example, if your card is denominated in GBP, simply select the USD option on our site. We will send you the USD funds, and your card issuer will automatically convert your funds to GBP. It is that easy! We can send funds to cards issued in any country in the world!



How much does it cost?

There is a fee of $9 for each USD payment, and 7 for each EUR payment charged by the processor. In addition, there is a percentage fee charge by our company that varies according on how you pay us. For a current list of fees, please visit:

https://www.aurumxchange.com/rates



Can I use this as a cheap alternative to wire transfers?

YES!! If you send funds to a debit card linked to your bank account (for example, your debit card issued by Chase and linked to your checking account), your funds will be automatically credited to your account! When you think of all the fees involved in international bank wires (such as sending fee, receive fee, intermediary bank fees, etc), this might be an excellent alternative, specially for smaller amounts.



What are the minimum and maximum amounts I can send to my card?

The minimum amount is $15 for USD payments, and 12 for EUR payments. The maximum is $1,000 and 1,000. PLEASE NOTE: You should NEVER attempt to send more than your card credit limit, if there is one. For example, if your card's purchase limit is $500, do not attempt to send more than that to your card, or some delays might occur.



Can I cash out other electronic currencies by this method as well?

YES! Anything that we accept, you can cash out to your card! Some electronic currencies we work with are: Liberty Reserve, PerfectMoney, Pecunix, CosmicPay, HD-Money, and C-Gold.



Where can I learn more?

Please check our knowledge base for more information:

https://www.aurumxchange.com/help/knowledgebase.php?category=7



If you have any questions or comments, please feel free to post on this thread or open a support ticket on our website.



Thank you!

The AurumXchange Company



Dear Bitcoiners,We are very excited to announce a new service that will revolutionize how you get your funds for your traded Bitcoins!Withdraw2card allows you to sell your Bitcoins and receive your funds on a debit or credit card you already own! Works with any credit/debit card in the world, denominated in any currency!You sell your Bitcoins at the exchanger of your preference (currently supported: MtGox, BTC-e, CryptoXchange, and Bitcoinica). You withdraw your funds by a redeemable code. You use this code on our website to order a payment to your debit/credit card.We send the fundsand your bank credits the amount within 1 to 4 business days (with 85% of customers getting the funds within 2 to 3 business days).Works with Visa, MasterCard, Amex, Diners, JB and many other major networks.We can natively send funds in both USD and EUR, however, if your card is denominated in a different currency, you can still use our service! For example, if your card is denominated in GBP, simply select the USD option on our site. We will send you the USD funds, and your card issuer will automatically convert your funds to GBP. It is that easy!There is a fee of $9 for each USD payment, and 7 for each EUR payment charged by the processor. In addition, there is a percentage fee charge by our company that varies according on how you pay us. For a current list of fees, please visit:YES!! If you send funds to a debit card linked to your bank account (for example, your debit card issued by Chase and linked to your checking account), your funds will be automatically credited to your account! When you think of all the fees involved in international bank wires (such as sending fee, receive fee, intermediary bank fees, etc), this might be an excellent alternative, specially for smaller amounts.The minimum amount is $15 for USD payments, and 12 for EUR payments. The maximum is $1,000 and 1,000.. For example, if your card's purchase limit is $500, do not attempt to send more than that to your card, or some delays might occur.YES! Anything that we accept, you can cash out to your card! Some electronic currencies we work with are: Liberty Reserve, PerfectMoney, Pecunix, CosmicPay, HD-Money, and C-Gold.Please check our knowledge base for more information:If you have any questions or comments, please feel free to post on this thread or open a support ticket on our website.Thank you!The AurumXchange Company

Can someone explain what has changed to allow this to be possible? It sounds like you're somehow able to push payments to a credit card number instead of debiting it. Have Visa/Mastercard changed the rules?



Dose this work with otherwise non-reloadable visa/mastercard gift cards?

Can someone explain what has changed to allow this to be possible? It sounds like you're somehow able to push payments to a credit card number instead of debiting it. Have Visa/Mastercard changed the rules?Dose this work with otherwise non-reloadable visa/mastercard gift cards?

Hello,



This is a somehow new feature for credit card companies. In fact, I believe only 4 companies in the world have been licensed for this so far.



Gift cards are an interesting question. We have tried with some, and most of them have worked, even if they are not reloadable , however, you need to load up to the amount the original giftcard was for, and not a peni more.



Some of them did not work. We tried 5 from different brands and 4 of them worked, but the one that didn't might have been a problem with the card itself. We will continue testing and we will see.



We are planning also to release soon a VCC (Virtual credit card) which is completely anonymous and can be registered at any name for online shopping. These will be delivered instantly by email, and will function more or less like a gift card, but with the ability to reload them.







Thanks

Roberto

Hello,This is a somehow new feature for credit card companies. In fact, I believe only 4 companies in the world have been licensed for this so far.Gift cards are an interesting question. We have tried with some, and most of them have worked, even if they are not reloadable, however, you need to load up to the amount the original giftcard was for, and not a peni more.Some of them did not work. We tried 5 from different brands and 4 of them worked, but the one that didn't might have been a problem with the card itself. We will continue testing and we will see.We are planning also to release soon a VCC (Virtual credit card) which is completely anonymous and can be registered at any name for online shopping. These will be delivered instantly by email, and will function more or less like a gift card, but with the ability to reload them.ThanksRoberto

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Hero MemberActivity: 609Merit: 500peace Re: [ANN] Withdraw your bitcoins to ANY credit/debit card in the world! April 12, 2012, 04:21:08 PM #10



They had rules that only ones own card could be funded, is this the case here too? [just re-read and you confirm this in your post....]



"do not attempt to send more than [card limit] to your card"



Sorry for maybe a naive question:



I can only put funds on my card if I have an outstanding balance with them? Or I can put funds on my card up to the level of my spending limit? or each transfer to the card cannot be higher than the card limit?



The 1K ceiling is there to ensure sufficient fees are generated or is this a limit imposed by someone else?

And the Credit Card company doesn't charge for this other than a horrible exchange rate from USD?



I would like an easy way to monthly pay off my CC bill through the sale of Bitcoins.

And to have it automated would rock; through the services of my humble outsourcer for a start



Thank you, Paxum had this feature and then disabled mtgox/bitcoin completely...They had rules that only ones own card could be funded, is this the case here too? [just re-read and you confirm this in your post....]"do not attempt to send more than [card limit] to your card"Sorry for maybe a naive question:I can only put funds on my card if I have an outstanding balance with them? Or I can put funds on my card up to the level of my spending limit? or each transfer to the card cannot be higher than the card limit?The 1K ceiling is there to ensure sufficient fees are generated or is this a limit imposed by someone else?And the Credit Card company doesn't charge for this other than a horrible exchange rate from USD?I would like an easy way to monthly pay off my CC bill through the sale of Bitcoins.And to have it automated would rock; through the services of my humble outsourcer for a startThank you, Acheter Bitcoin en Suisse | Buy Bitcoins in Switzerland|