[bisq-network/growth] Add Verse as a payment method (popular European payment app) (#223)

pazza notifications at github.com
Mon Jan 18 02:17:16 CET 2021


## Verse

References:

- [Verse website](https://verse.me/) 
- [Verse Twitter](https://twitter.com/joinverse/) 
- [Verse T&Cs](https://verse.me/en/terms) 

Verse is a mobile payment app based in Europe owned by Square. Users can pay and request money from your friends. Payments are immediate and free. It is easy to use.

Verse is designed for small payments between friends and family members and users should only transact with people they trust.

All the money you receive is stored in your Verse balance. From there you can send it to your friends’ digital wallets. When you want that money to be in your real world wallet, all you have to do is transfer it to your bank account. Depending on your bank, money can take anywhere from a few seconds to two business days to reach your bank account (worst case scenario, a transfer ordered on a Friday afternoon might arrive on Tuesday afternoon the latest).

Verse allows users to:

- Send money to their contacts listed in the contacts list on their mobile device.
- Request money from their contacts listed in the contacts list on their mobile device.
- Receive and withdraw payments made by other Users that have your mobile phone number saved in their contacts list.
- Payments via Verse card (if they have one) 
- Withdraw cash using Verse card via ATM network (if they have one) 

Money can be added by debit / credit card. Verse accepts VISA and MasterCard. Withdrawals are made to your linked debit / credit card.


### Why

Verse is like the European Cash App. It is multi currency, easy to use and payments are instant and free.

### Region

Verse operates in the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Poland, Portugal, Slovakia, Spain, Sweden, The Netherlands, and the United Kingdom.

### Currencies

EUR, GBP, SEK, HUF, DKK, PLN

You can change between currencies in the your Verse account. Your default currency is decided by your phone number's country code. You can switch currencies every time you make a payment (the currency menu is right above the amount you are paying) and the change will be made immediately.

There are no commissions when changing of currency, the current change rate (Visa mid-market) will be applied.

### Chargeback risk

Low

>Authorised payment order submitted by the User is irrevocable the moment it is received by Verse. The moment of receipt is when the Verse receives the authorised payment order. Verse does not undertake responsibility for errors, discrepancies, repetitions and/or contradictions in payment orders submitted by the User, including but not limited to, correctness of the details of the payment order submitted by the User.

### Size of user base
Over 25 million active users

### Data requirements

To send payment to someone you need there verse user name (similar to Revolut, it is created for  you based on first and last name).

### Verification

TLSNotary is unable to be used as app based.

Will require screen recordings / screen shots.

### Prohibited uses

Does not define cryto as being prohibited

### Duration

Instant- seconds

### Fees

Free

For payment operations that involve currency conversion and currency exchange services, the exchange rate will be calculated based on the currency sale or purchase rates, as applicable, by Visa International


### Fraud risk

Low

### Payment amounts

€10,000 per year (or equivalent foreign currency amount) for accumulated payments made from or received into their payment account. Can be increased on request.


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