Quote:
Originally Posted by Skyworker
Advanced Cash payment system just doesn't stop surprising me with their great updates. Turns out now you can fund your account there via Bitcoin for 0%. Funding takes 30-60 minutes and then you can move the funds to your MasterCard that you can order for $4.99 (no monthly fees). Btw, they recently started offering plastic cards with no prior verification (document scans) required. It will have a cumulative limit of $2,500 ($1,000 ATM withdrawals and the rest for shopping), but you can upload your documents at any time and set their standard limits ($3,000 daily withdrawals and $10,000 daily card funding).
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This sounds sketchy AF. "Send us your irreversible money, and in exchange we'll give you... a credit card" ?? This is very likely a way to unload stolen credit cards, and since you're giving them bitcoin, there are no repercussions. The reason these sorts of payment methods require all sorts of know-your-customer full identity checks is because the risk for fraud is extremely high. In bitcoin circles, we use a
Web-of-Trust to mitigate these risks. I've never heard of this "Advanced Cash payment system" before; my advice is to stay far away. It's not worth it, no matter how sweet the deal sounds.