The Bitcoin Simplex credit card purchasing service is getting KILLED. We were using our Capital One Quicksilver MasterCard to purchase around 500 USD of the number one rated cryptocurrency in the world. We had telephone, email, and the 3 digit code on back of our card verified the transaction.
The checkout.simplexcc.com app then demanded we photocopy the front and back of our drivers license along with FILLING OUT A VERY LONG FORM. That is when we CANCELLED the transaction and bought $500 worth of Ethereum somewhere else without near the hassle! So bitcoin lost out to Ether on this Christmas day.
As you can see in the screenshot below, Simplex said We regret you decided to cancel your payment. One can execute credit card transactions with other internet merchants WITHOUT having to fill out tedious forms our upload DL FRONT AND BACK!! Wake up guys, you are losing incremental market share with this unnecessary inconvenience.