So, aside from the 3D secure problem seems we have this problem too. And I don’t know if this will be fixed anytime soon, even after the banking license as Revolut will keep the money in pooled accounts and using the IBANs for transfers
The card is not linked to a bank account.
Like. The card is not linked neither to your EUR account
And even after the banking license, I do t think this will change. Even if we will have banking accounts, cards will be linked to Revolut and most probably not to one of our banking accounts. Otherwise the card wine be that able to use foreign currency accounts for spending.
The card is linked to Revolut. And Revolut does the spreadsheets for all other accounts.
The “link” between a card and an account merely means where the money is withdrawn from. This is the very same case here with Revolut. The card is linked to your Revolut account - whether the amount is then assigned internally to currency pool A or B is irrelevant.
Again, my assumption is that merchant read Revolut and freaked out based on a wrong understanding.
What was the original issue? Why were you asked for the card details?
There is different kinds of prepaid cards. Some do in fact have funds on them. Others are like Revolut which essentially is linked to an online service. This is also how Monzo first worked.
The fact is that the card issues are part of the “prepaid” scheme. This is a known fact and have been debated on this forum a lot. Also you can use something like BinList.com to verify the type.
It’s an app. Like Uber.
They didn’t asked for my card details but I sent them the screenshot from Revolut when they charged the card for verification but still the app declined it.
The app automatically declines :R: cards and is not due to lack of 3D secure as 3Ds is not that popular in Asia
Did you try and put the numbers into binlist.net ? Usually it is written on the back. In the link in my previous reply Andres states that Revolut cards are in fact prepaid. If you don’t want to belive it, then that is your decision.
Well, the site does not load in the first place but even if, I’d be wary to enter my details on random sites.
I am not arguing that the card might be a prepaid one, I am saying it is not printed on it as you claimed and that the card is linked to a bank account.
A Revolut Account is not the same as a Bank account. Essentially Revolut is an electronic ledger (eMoney) and behind the scenes the currencies live in many different accounts.
You can find more information here:
Prepaid cards and debit cards come with a Visa or MasterCard logo, Creditcards.com says. Prepaid cards can also be linked to a specific brand for stores, gas stations, restaurants or other businesses.
Please have an open mind, you can’t know everything And in this case you presumed too much.