RedotPay Card: a crypto card for everyday payments in the Web3 world
| Year | RIS | Commission | Cost | Social networks |
|---|---|---|---|---|
|
Рік
2023
|
RIS
79%
|
Commission
1%
|
Cost
10 USD / 100 USD
|
RedotPay is a fintech platform headquartered in Hong Kong, specializing in integrating cryptocurrencies into traditional financial tools. The company is owned by Red Dot Technology Limited and is part of the broader Redot Group ecosystem, which includes the Redot crypto exchange and financial services tailored to Web3 users.
The company’s mission is to make cryptocurrencies as convenient to use as traditional money, allowing clients to easily pay for goods and services anywhere in the world. In this context, the launch of the RedotPay Card was a key step, since the card itself opens the door to real-world crypto usage beyond exchanges and wallets. According to the official website, RedotPay allows you to “Spend Crypto Like Fiat” — automatically converting digital assets into the required currency during transactions.
Features and benefits of the card
Before diving into fees and limits, it’s worth noting: the RedotPay Card positions itself as a bridge between the crypto world and traditional finance. It’s not just a way to spend digital assets but also a convenient tool for those who want freedom of choice in payment methods.
Key features include:
- Support of popular cryptocurrencies (BTC, ETH, USDT, USDC, etc.)
- Instant asset-to-fiat conversion during purchases
- Both virtual and physical card issuance
- Integration with Apple Pay and Google Pay
- A rewarding referral program
- User-friendly mobile app for financial management
This makes the card a practical solution for everyday life, combining the flexibility of crypto with the convenience of regular banking cards.
The pace of adoption by crypto enthusiasts and those who’ve been left out by the traditional banking system shows that we are building something truly impactful — added Michael Gao.
How to apply for and get a RedotPay Card
The application process is simple and doesn’t involve complicated procedures:
- Download the mobile app (iOS/Android).
- Complete KYC verification (passport/ID + selfie).
- Submit the application and pay the issuance fee (10 USD).
- Receive virtual card details via email.
- Add the card to Apple Pay or Google Pay.
- Top up the balance with crypto (via supported networks).
This process usually takes from a few minutes to 1–2 days, depending on document verification.
Fees and limits
Like any financial product, RedotPay comes with its own fee structure. Understanding these in advance helps avoid surprises.
Комісії:
- Card issuance: virtual card — 10 USD, physical card — 100 USD
- Crypto-to-fiat conversion: 1%
- ATM cash withdrawals abroad: 2%
- Foreign currency transactions: 1.2%
- Annual maintenance: none
Limits:
- Single transaction limit: 100,000 USD
- Cash withdrawals: up to 5 times per day, 75 per month
- Daily withdrawal limit: 10,000 USD; monthly limit: 200,000 USD
- Card balance: limited only by technical parameters
Overall, RedotPay is clearly designed for active users who value flexibility and high daily limits.
Drawbacks and limitations
Despite its strong advantages, RedotPay also has some weak points:
- Issuance cost: 10 USD for virtual and 100 USD for physical cards may seem high compared to competitors.
- User complaints: some report that NFC payments via Google Pay do not always work consistently.
- Geographic restrictions: the service is unavailable in the USA, some Middle Eastern countries, parts of Europe, as well as in Ukraine and Russia.
- No cashback: the card focuses on convenience rather than rewards.
RedotPay Card is a serious contender in the crypto card market, emphasizing scalability, high limits and wide real-world integration. It’s a solid choice for those who actively use crypto in daily life, travel frequently or handle large sums.
At the same time, the absence of cashback and certain technical issues may discourage users who are seeking an all-in-one solution.
Video reviews of the RedotPay Card
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Frequently asked questions
To better understand how RedotPay Card works, we have compiled answers to the most common questions.
