This has probably been talked about before, but I wanted to share my experience. As I understand it, the process to get money to contributors is
- Create a rewards wallet in Brave
- Set up an Uphold account
- Verify the Uphold account
- Add a funding method
- Add money to a fiat card using funding method
- Transfer money from fiat card to a BAT/BTC/ETH/LTC card
- Transfer money from BAT/BTC/ETH/LTC card to Brave wallet
I got kinda stuck at step 5. Two MasterCard cards and one Visa card declined the transaction, and two more MasterCard cards had an error while attempting to add them as a funding method. I talked to Citi (MasterCard) about the declined transaction, and they told me they decline all cryptocurrency transactions. I know I could probably throw in the towel on credit cards and add a bank as a funding method, but I preferred not to do that.
Lastly, Uphold told me there’s no way to set up recurring deposits into BAT. It’s too much to expect a user to manually top off. Everyone has an auto-payment these days.
I know there are plans to allow you to fund your wallet directly in the browser. I think that’s really what’s needed here. This was far too painful a process to ever achieve widespread adoption.