#Bitsafe debit card registration#
#Bitsafe debit card free#

We may at any time suspend, restrict, or cancel your BDC or refuse to issue or replace a BDC for reasons relating to the following: A. we are concerned about the security of your account or the BDC we have issued to you B. we suspect your account is being used in an unauthorised or fraudulent manner C. we have terminated your Bitsafe Account or D. we need to do so to comply with the law and/or instructions from a supervisory authority. If we do this, we will tell you as soon as we can or are legally permitted to do so after we have taken these steps. Like other payment cards, we cannot guarantee a retailer will accept your BDC. We may also refuse to pay a transaction: A.

if we are concerned about the security of your BDC or we suspect your BDC is being used in an unauthorised or fraudulent manner B. If sufficient funds are not available in your Bitsafe Account C. if there is an outstanding Shortfall on the BDC in accordance with condition 12 D.

#Bitsafe debit card free#

While adult businesses, talent and affiliates are marginalized by various parties across the world, Verotel will continue to serve the global adult industry from our European headquarters in Amsterdam – free from prejudice.If we have reasonable grounds to believe that you are acting in breach of this agreement E. “As a Fintech Scale-up, we understand the world of finance, identity and privacy and we combine these elements in one single brand. “We are really excited to announce these new tools to an industry that is known to adopt new and innovative online technologies,” Zuurbier continued. This is done by either using a prepaid debit card with PIN (accepted in most shops and ATMs worldwide) or receiving cash from a remittance agent. We firmly believe that everyone should have the right to participate on the internet and conduct their business in a safe and secure environment,” Trik continued.Īlso this summer, Verotel and Bitsafe will introduce two new exciting payment products allowing Bitsafe account holders to take their money out in cash. “With Bitsafe we are not only protecting your money but also your digital assets in one single discreet account. “Combining the trust in payments and domains makes perfect sense,” said Marcel Trik, managing director at Verotel. Bitsafe also offers additional privacy protection for a nominal fee that further safeguards your digital assets and ensures your continuity. Domain names can be registered with Bitsafe at cost price, making this service the cheapest domain solution available. With the introduction of the new European General Data Protection Regulation (GDPR) in May 2018, Verotel and Bitsafe allow you to register or transfer your domains while protecting your identity online.

Privacy is a key element for everyone working within the adult industry. These Bitsafe accounts are available to both individuals and businesses regardless of whether they are processing payments with Verotel or not. Merchants and affiliates, such as resellers and talent, will be able to open up a free Bitsafe account. Starting July 2, all Verotel customers will automatically receive credentials to their new Bitsafe account. “With the introduction of Bitsafe, we have found a new way for global merchants, adult talent, affiliates and alike to benefit from new upcoming European payment service regulations by providing them a Basic Payment Account that is fully compliant with European AML, PSD, PSD2 and GDPR regulations,” Zuurbier continued.

“We believe that that the internet should be a place to engage in financial transactions, free from privacy infringement, identity theft and governmental control,” said Joost Zuurbier, CEO at Verotel. These tools, in addition to the company’s current service offering, will be available this summer. The outstanding balance will be available on demand, enabling Verotel merchants to receive their payments every day. Another important change is that all processing settlements will be calculated daily instead of weekly.

#Bitsafe debit card registration#

Amsterdam - Merchant service provider Verotel recently introduced Bitsafe - a new suite of affordable banking tools that allow adult merchants to handle their online business with more security, discretion, and safety - during the global Fintech conference, Money20/20.īitsafe tools include a unique IBAN, free talent and affiliate payments, a domain registration tool, a prepaid debit card and cash payouts.