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Mentor Group Gold - AD Thread! Crypto Private and Confidential Web3 Debit Card (Mastercard) solution
- Thread starter Qzejol
- Start date
I've just made my first purchase with the card (~$700, single tx) and it went blazingly fast.
One small negative so far: it is advertized that it accepts both trc20 and erc20, but so far it accepts only trc20 usdt. The other one will probably come later ...
Also, I am not able to use ATMs with it. The delivered package did not contain any information about the PIN. You can setup the PIN in the accompanying app. However the PIN is 6 numbers and in my area only 4 are supported.
One small negative so far: it is advertized that it accepts both trc20 and erc20, but so far it accepts only trc20 usdt. The other one will probably come later ...
Also, I am not able to use ATMs with it. The delivered package did not contain any information about the PIN. You can setup the PIN in the accompanying app. However the PIN is 6 numbers and in my area only 4 are supported.
Updates:
- Metal cards which are frequently out of stock are now available and we can print any custom name on it too. (some users often think metal has higher limits or better perks, which is not the case, the only difference between plastic and metal is the sole material and the custom name printing)
- Apple pay and virtual cards expected for March 2025
- For now the only tokens accepted for deposits are still USDT on ERC20 and TRC20
- Cash Withdrawal limits updated:
1) Mastercard has tighten regulations amidst the bull market and have enforced certain restrictions with regards to ATM withdrawals to abide their Anti-Money Laundering (AML) laws. In order to ensure our users are actual real users, ATM cash withdrawal limits are based on 25% of a user's total spending. This is to prevent mis-use of the trust's services for only cash related activities. Example: A user has spent a total of 2000 dollars using the card, his ATM withdrawal limit will be up to 500 dollars on all ATM machines. The limit will increase as per a user's spending.
2) All other limits remain the same. (Unlimited spending with card transactions)
Limits may change again depending on regulators and market situations, now was a tight period.
- Metal cards which are frequently out of stock are now available and we can print any custom name on it too. (some users often think metal has higher limits or better perks, which is not the case, the only difference between plastic and metal is the sole material and the custom name printing)
- Apple pay and virtual cards expected for March 2025
- For now the only tokens accepted for deposits are still USDT on ERC20 and TRC20
- Cash Withdrawal limits updated:
1) Mastercard has tighten regulations amidst the bull market and have enforced certain restrictions with regards to ATM withdrawals to abide their Anti-Money Laundering (AML) laws. In order to ensure our users are actual real users, ATM cash withdrawal limits are based on 25% of a user's total spending. This is to prevent mis-use of the trust's services for only cash related activities. Example: A user has spent a total of 2000 dollars using the card, his ATM withdrawal limit will be up to 500 dollars on all ATM machines. The limit will increase as per a user's spending.
2) All other limits remain the same. (Unlimited spending with card transactions)
Limits may change again depending on regulators and market situations, now was a tight period.
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