Advanced Cash Review
As bitcoin continues to surge as the most traded cryptocurrency in the world, there is a need to find better, smarter and cheaper ways to spend money using bitcoins. This is why I am presenting a review of Advcash Debit Card. Launched in 2014; it is one of the fastest growing debit card providers in the world and offers a cheaper and simpler alternative for making payment.
If you have heard about AdvCash and you’re skeptical about its effectiveness, this AdvCash Review is definitely for you. Don’t make any move until you have read this review.
Originally called Advanced Cash, Advcash is an eWallet program located at the headquarters in Belize and is duly registered. Advanced Cash is licensed by the International Financial Services Commission to carry out financial businesses. These include International Money Transmission and International Payment Processing Services with clearly stated license numbers on the website.
The company has more than 20 years experience in international finance and different forms of electronic payments. It is a very versatile payment system that gives you an edge in carrying out financial transactions.
Advanced Cash operates with both plastic and virtual cards. While the virtual card is available in all countries where Advcash services are supported, the plastic card is only available in selected countries. However, you must be an Advanced Cash customer to use any of the prepaid cards.
While it is very popular among Russian bitcoin dealers, shipments are restricted to some parts of the world, including parts of Africa, the Middle East, Venezuela, the United States of America, and some other countries.
Features of Advanced Cash
There are several features of AdvCash that you should know about before you decide to use it. They include;
I have taken a close look at this program very carefully. I have checked the website thoroughly and every other available resource, and found out that there is no identified owner or founder of the eWallet program.
However, it was reportedly established by Wave Crest Holdings Limited, a company specialized in payment systems and located in Gibraltar. Usually, this would be something to worry about, but there has not been any reported case of fraud to suggest that it is not a legit company. In fact, it is a highly used debit card in Russia and many other parts of the world.
Fees and Pricing Schedule
The online world has never been more impressed with anything than AdvCash Fees structure. First of all, unlike several other platforms out there, this payment program does not charge any monthly or annual service fee. Many bitcoin debit card providers I know have monthly or annual charges. Also, the card itself only costs $4.99. But that is if you make the other immediately after your registration.
However, if you place your card order more than 7 days after you register, the cost of the card rises to $14.99. This is why you’re advised to order your card immediately. All the charges in this review are in USD.
Furthermore, it doesn’t cost anything to top up your Ewallet account, especially if you’re using SWIFT and SEPA. But when you do need to send funds from your eWallet to your card, a flat rate of $0.99 is charged for every transaction.
The case is different when you want to fund it from alternative payment providers. You will have to part with between 0.95% and 4.25% depending on the platform and source of funds. For instance, funds from eCoin, OKPay, and EPESE are charged at 0.95% while those from Payeer will attract a fee of 4.25%.
Also, there are some charges on ATM withdrawals. Withdrawals from domestic ATM will cost you $1.99, while withdrawals from international ATM costs $2.99, $1 higher than local rates. AdvCash also charges 3% lower than the average market price for Foreign Exchange currency translations. Withdrawals from the card in other forms different from cash or purchases also cost $0.99, same as is charged when you fund from the eWallet.
Users are also thrilled by the amazing web experience they get when they surf around AdvCash. The pages are beautifully designed with cartoon graphics for adequate attention and pleasure. The diagrams showing the services offered by Advance Cash are very attractive, and the website is built to be very interactive and highly responsive.
It is also very easy to navigate around the site from the homepage, as everything you need is just 1-2 clicks away. The page is also very detailed and is designed to show real-time exchange rates, all benched on the average market price. It is also fully available in Russian, further emphasizing its desire to be the leading bitcoin debit card service provider in the country.
Advanced Cash supports transactions and exchanges among four (4) currencies. The four currencies are USD, EUR, GBP, and RUB. The exchange rates for these currencies are clearly displayed alongside those of bitcoins. These exchanges can be made between these currencies and between any of the currencies and bitcoin. The BTC/USD rate stands at a medium price, while there are indications (red and green colors) to show when currencies get weaker or stronger.
AdvCash Debit Card is available in plastic and virtual formats. You are charged minimal fees for transactions but no monthly or annual fees are charged for card usage. You can shop with the card, withdraw your money anywhere in the world, and carry out other POS transactions with no hurdles at all.
Plastic Card: You can get this card for just 4.99 USD/EUR. It is a dynamic and flexible way to shop and carry out transactions on the go. No monthly or annual fees are charged, and the rates are very competitive. It is available to registered customers from some parts of the world. Below are key information to consider before you apply for this card;
i. No monthly charge.
ii. 1.99 ATM withdrawal in USD/EUR.
iii. 0% charges for USD/EUR purchases.
iv. Monthly limit of 90,000 USD/EUR for ATM cash withdrawals and a daily limit of 3,000 USD/EUR for ATM cash withdrawals.
v. Daily card funding limit of 3,000 USD/EUR.
Virtual Card: This is a very smart and safe way to shop online. You can carry out POS-transactions and other purchases without charges. You can get this card for only 1 USD/EUR and does not attract monthly or annual charges. The following key factors should give you a clearer understanding;
i. It is available immediately.
ii. Has a 3-year lifespan.
iii. No charges on USD/EUR transactions.
iv. Costs only 1 USD/EUR to create instantly.
v. No monthly fees.
AdvCash also has a bulk payment service with which you can make safe and reliable large payouts using the Cash API. Payments can be made to MasterCard, Visa, and e-wallets too. This is a good offer for big businesses that desire safe and efficient methods of making large payments.
Advance Cash has a fairly decent customer service. There is good interaction between the company and its users. Their social media platforms on Facebook and Twitter are very vibrant and responsive. It’s a shame that they don’t have a 24/7 hotline.
However, you can get to interact with them for 7 hours every day, between 11 am and 8 pm. More so, there is a customer form where you can create help tickets. If you do have problems or questions, you can take it to any of their platforms for prompt answers and solutions.
AdvCash Affiliate Program
Advanced Cash has a very vibrant affiliate program, and they give one of the most attractive rates in the industry. You will get a good percentage of paid transactions made by users you referred. There are three simple stages of this affiliate program. I will walk you through each of them here;
Your Link: As a registered user, you’re entitled to a referral link, which you can copy and send to your contacts, friends, and family.
Talk to Potential Customers: This involves a thoughtful attempt to encourage them to become users of AdvCash. You can post an ad with your referral link, through which they can register.
Get 20% Percentage of Sales: 20% of all commissions charged the referred user will be paid to you. These payments are instant and are paid immediately.
This is an easy way to make money on this program. You just keep getting profits every time your referred users carry out a successful transaction. It does cost you anything. You just have to be a registered user.
Contact Information for Advanced Cash Limited
Although there is no information about the owner(s) of this program, it does reveal an address. The headquarters is at G1 Haven Court, 5 Library Ramp, Gibraltar, with a License No. 110152. Its contact address, however, is Suite 102, Ground Floor, Blake Building, Corner Eyre & Hutsons Streets, Belize City, Belize. The customer hotline provided on the website is +501 223 73 32. It also provides an email address; firstname.lastname@example.org.
Is it a Legitimate System?
If what you know is whether they are approved and licensed, the answer is “Yes”. If you’re also curious about whether it is effective and if you can make successful transactions with the system, I can tell you that it works. The only downside is the absence of a known owner and a few complaints about delays in card delivery.
No one has come out to say it is a scam or that it doesn’t work. And even if you see a review as such, it is a mere inconclusive generalization based on these concerns I already raised. Based on all these, I can tell you categorically that it is a system. some personal details about this is to download the app from App Store or Google Play. Once downloaded, you can go ahead to and login, request for a card and start trading.
It is very easy to register and carry out transactions.
It doesn’t attract monthly or annual charges on card usage.
Transaction rates are very competitive in the bitcoin/forex payment world.
The website is very user-friendly and responsive.
AdvCash is duly licensed and registered to operate as a financial transactions company.
Good customer service.
Supported in several countries of the world.
Convenient user interface for comfortable web navigation.
Has a referral program that awards payments for users you introduce.
Has no identified owner/founder.
AdvCash Debit Card is not supported in many countries.
Customer service is not available 24/7.
Frequently Asked Questions
How do I send money to someone who doesn’t have an AdvCash account through email?
Answer- It is actually very easy to do that, and it’s not with transfers or Paypal. Using this link, you only need to enter the person’s full name, email, and the amount you want to send. The recipient will receive an email address notifying him/her of the transaction accompanied by a link with which they can register on AdvCash and then get the money on their e-wallet. It’s actually that simple.
How long does it take to receive my plastic card after ordering?
Answer- Usually, it takes 6 weeks to get delivery of your AdvCash plastic debit card. That is the day you get a notification that your card has been sent. If you do not get your card after 6 weeks, you can contact them for a one-time free card. After that, you get to pay $9.99 for every other request.
How can I accept payment on my site using AdvCash?
Answer- You should use the program’s merchant called Shopping Cart Interface (SCI). Once you create the SCI in your profile settings, you can start using it. To use it, go to https://wallet.advcash.com/pages/profile/api. Then choose from the available payment methods and you can accept your payment.
Bitcoin continues to gain momentum and grow tremendously in value. It is important that we’re ready and efficiently equipped. AdvCash presents a suitable method for payments. This review has presented everything you need to know about Advanced Cash. It is an easy, efficient and cheap way to make payments, locally and internationally. You might want to give it a try and see how it goes.