Xapo faces backlash after adding transactions fees to its Bitcoin debit card

California-based bitcoin wallet provider Xapo is facing community backlash following the release of its latest product, the Xapo Debit Card. Xapo started shipping the cards on 30th July, roughly one month after itsoriginal estimated launch date. Yet the news has largely been overshadowed by the company’s recently published fees and limits schedule. The schedule eventually found its way to reddit, evoking a strong response from customers who were upset to find the product would be more expensive than they originally believed. Xapo has now formally responded to the situation via a company blog post, stating that the fee schedule is the product of its partnership with the third-party issuer of the cards. This partner, Xapo says, requires a monthly service fee, card replacement fee and currency conversion fee, among other additional charges.