if you are reading my blog regularly, there is a high likelihood that you are using crypto currency. One of the challenges with crypto is that it’s not being accepted as a payment option in many stores. There are multiple ways to convert crypto into fiat money (e.g. USD, EUR, GBP). Probably the most convenient way to do so is a crypto debit card. In this post I would like to introduce ePayments to you. That’s a crypto debit card I’ve been using for several months now and I made good experience with that.
ePayments service – an electronic wallet with the possibility of issuing a Crypto Debit card.
The service itself is a product of Electronic Payments Association (EPA), registered in the UK and created in 2011.
First of all, ePayments is created for people who, in one way or another, are related to online earnings: cryptocurrency trading, work on freelancing, cooperate with partner networks, engage in forex trading, etc.
ePayments is a professionally created payment platform that allows for fast, and secure payments while remaining cost-effective. It also functions as an electronic wallet, allowing you to make payments quickly and safely, but with minimal fees. In addition, it features a mobile app from which your e-Wallet and cards from anywhere in the world can be managed using only your mobile phone.
ePayment is a safe and private electronic payment system with a very easy sign up process. ePayments features two types of accounts, personal and business. Using ePayments makes it simple and easy to work with payments.
The e-Wallet enables you to make payments and calculations, while the ePayments Prepaid Card allows you to pay for goods and services in stores as well as withdraw funds from ATMs.
ePayments offers services for incoming and outgoing transactions:
- Translation within the system
- Mass Payment
- Bank transfer
- Personal IBAN
- Transfers using credit plastic cards
- Branded ePayments Prepaid Card
- Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Bitcoin Gold
- Yandex money
Any transfers within the system between its customers, as well as mass internal transfers, are absolutely free. For the company’s clients, there are three types of purses with currencies: the US dollar, the Euro and the Russian Ruble. Also free to enter and withdraw funds from ePayments Prepaid, dollar or euro.
Depositing funds on ePayments
Bank Transfer – transfer free of charge;
Bank card – 2.6% commission;
Cryptocurrencies (BTC, LTC, ETH, BCH, BTG) – at the rate of ePayments.
Withdrawal from ePayments
Bank card – commission 2.90% (min. $ 3.50);
Bank account – commission 0.80% (min $ 85, max $ 135);
Cryptocurrencies (BTC, LTC, ETH, BCH, BTG) – at the rate of ePayments at the time of withdrawal;
WebMoney – 2% commission;
Yandex.Money – 2% commission;
QIWI – commission 2%.
Plastic card ePayments Prepaid Card
With the help of ePayments Prepaid Card, you can instantly transfer funds to it without commission and pay in stores, or withdraw cash through ATM.
Shopping in stores is free of commission, subject to a transaction in the card currency or 2.6% in a currency other than the card currency at the ePayments Prepaid Card rate on the day of the transaction. Cash withdrawal with a commission of 2.60 $ in the card currency or an additional 2.6% in a currency other than the card currency at the ePayments Prepaid Card rate on the day of the transaction.
The cost of ordering ePayments Prepaid Card is 5.95 $ or 4.95 EUR. The first 2 months of service are free of charge, then – 2.90 $ / month. The card is delivered by default by regular mail or, for $ 45 via DHL express delivery. The card is equipped with a chip and one-touch purchase technology.
Incoming and outgoing payments between the purse ePayments and the ePayments Prepaid Card are made without commission. The card can be paid in stores, as well as withdraw funds from the ATM.
Convenience and security ePayments
The interface of the site is ergonomic and intuitive. Practically there are no problems and issues with registration and verification. The site has an SSL certificate and fraud monitoring system to protect against fraud.
Any payment operation requires entering a payment password (it is different from the password of the personal cabinet). For greater security, the user can enable two-factor authentication through Google Authenticator and restrict access by IP.
Transfers inside the ePayments system are anonymous and do not transmit data about the owner of the wallet, but only his number.
In addition to the web version, ePayments offers an app version for Android and a version for iOS.
Getting started with ePayments
Electronic payment system ePayments is great for freelancers, forex clients, application developers and webmasters.
To increase the limits for transactions and add the possibility of ordering ePayments Prepaid Card, you need to undergo a verification procedure. It consists, as usual, of the identification of the client’s identity and confirmation of the registration address plus the completion of the questionnaire.
I hope this review was helpful.