Visa Terminates Relationships With Card Issuer Wave Crest – Three Card Companies Suspend Cards

Announcements, News, Regulation | January 5, 2018 By:

Payments giant Visa has terminated its relationships with the Wave Crest card issuer, resulting in several cryptocurreny debit card providers suspending service to their customers.

Bitcoin payments processor BitPay said that its European card issuer, Wave Crest Holdings, Ltd., was ordered by Visa to close all accounts.