Aximetria Releases Service to Prevent Bank Card Blocking During Crypto Operations
Cryptocurrency transaction tolerance verification
ZUG, Switzerland — The Swiss crypto service Aximetria launched a solution to check bank cards for crypto tolerance. The tool is especially useful for first-time crypto users or new bank card holders who fear their bank will flag card transactions as suspicious when purchasing or selling cryptocurrencies. To eliminate this fear, Aximetria’s new online service AxiCheck lets anyone instantly, anonymously, and safely check how friendly their bank is with the world of cryptocurrencies, and it’s free of charge.
Credit and debit cards remain, by far, one of the most popular means of payment. However, traditional financial institutions look at digital assets with caution, periodically asking clients for clarifications on transactions — even going so far as to block accounts. Previously, in order not to risk their cards, accounts, and savings, users had only one option: to order a branded crypto service card. However, this resulted in an additional cost for both the user and the fintech, ultimately benefiting only banks and payment systems by adding additional costs for their services and commissions. Now, users can check in advance how their banks will react when dealing with cryptocurrency transactions.