Blackcatcard migration - difficulties with incoming/outgoing SEPA transfers

[koohl]

I haven't read everything thoroughly down to the last detail. What does it mean here, that Blackcatcard is legitimate but their partner is accused of billion dollar fraud?

 

[JohnnyDoe]

I haven't read everything thoroughly down to the last detail. What does it mean here, that Blackcatcard is legitimate but their partner is accused of billion dollar fraud?

No fraud, just some random russophobia against Papaya, the bank behind Blackcat

 

[CyberZero]

No fraud, just some random russophobia against Papaya, the bank behind Blackcat

Are you still using them or planning to keep on using them just like before?

 

[JohnnyDoe]

Are you still using them or planning to keep on using them just like before?

I plan to restart using them once SEPA is reestablished

 

[Mister M]

I plan to restart using them once SEPA is reestablished

Well, rest assured the experience wont be the same as it once was. Banxe utilizes Tompay Ltd and the D/D with incoming transfers and internal crypto exchanges is massive. I am sure that Blackcatcard will end up as another one of these Fintech Neobanks like Nash or Lama that dont have any infrastructure themselves and rely on heavily surveillanced White-Label technology such as Modulr Finance.

I liked Blackcatcard because they were a reliable option for many years already. Sad to see them go this way.