Recap: Mastercard To Support Crypto, $4.7 Million Debit Charge & More

 

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12 Comments
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vc
vc (@guest_1144323)
February 13, 2021 05:55

Honestly, I was (still am) a bit skeptical over whether this large charge was actually made—by a real customer, and not some person testing this new service that they just happened to be promoting in these press releases. I can’t even get a charge over a few thousand with my bank lol. I know that Discover caps cashback at $30 a month. What’s to stop me from just closing my Disc acct and switching to the other bank?

Arvind
Arvind (@guest_1144645)
February 13, 2021 22:30
  vc

Jiko has a $505 daily transaction limit. So, yes, this story is as fake as it gets

Dan
Dan (@guest_1145415)
February 15, 2021 22:13

$20,000 is the transaction limit for tax payments with the Jiko debit card, per the FAQ. And the $20k limit can be increased at their discretion if you contact them.

K.M.
K.M. (@guest_1143934)
February 12, 2021 13:59

hi. its because the wsj article is behind a paywall and im not going to pay to read it. ¯\_(ツ)_/¯ on a serious note though, nice to see cryptocurrencies are gaining more acceptance.

AC
AC (@guest_1143981)
February 12, 2021 15:24

With the new Amazon CEO, I wonder if Amazon accepting crypto for payment will become possible in the near future.

DCJoe
DCJoe (@guest_1143905)
February 12, 2021 13:21

Seems like the idea of the feds requiring testing for domestic travel is going nowhere fast.

https://www.bloomberg.com/news/articles/2021-02-12/biden-isn-t-weighing-imminent-virus-tests-for-domestic-flights

Cj
Cj (@guest_1143872)
February 12, 2021 12:31

required covid test for domestic travel is very stupid and pointless.

Danno
Danno (@guest_1143776)
February 12, 2021 10:26

I can’t knock the hustle, but thanks a lot for killing the debit card option, buddy.

Yimmy
Yimmy (@guest_1143820)
February 12, 2021 11:04

Danno, who is buddy? The guy in the story or DoC?

Danno
Danno (@guest_1143828)
February 12, 2021 11:21

The guy in the story. I’d never knock DoC.

Frank
Frank (@guest_1144428)
February 13, 2021 12:17

It’s basically fake — guy had to coordinate with the company to allow it. Basically just paid press

Vy
Vy (@guest_1143769)
February 12, 2021 10:22

“Some airline officials worry such requirements could curtail already weak demand for air travel […] Brownlee said the“main message to U.S. citizens considering travel abroad remains the same: ‘Seriously reconsider going overseas right now. If you’re overseas right now, it’s going to be harder to come home for a while.’”

While it’s a step in the right direction, there is something deeply hypocritical about discouraging overseas travel while allowing domestic air travel to spread infections like wildfire. A one-pronged approach to a multi-pronged problem will clearly never work for the US, even with vaccinations.