Hong Kong-based cryptocurrency payment platform RedotPay has launched its Crypto Visa Card, now available worldwide. Users can apply for the physical card directly from the app, supporting global ATM withdrawals and in-person transactions.

RedotPay Card Usage and Compatibility

RedotPay is the first Visa-certified cryptocurrency credit card in Hong Kong, based in Central. Before the physical card, RedotPay introduced a virtual card and app, supporting Apple Pay, Google Pay, PayPal, Alipay, and WeChat Pay. Users can use cryptocurrencies for most daily transactions—from public transport to dining, shopping, Uber rides, and Netflix subscriptions.

Real-World Payment Scenarios

The physical card meets ATM withdrawal needs, allowing users to withdraw local currency from any Visa-accepting ATM worldwide. It also enhances compatibility in regions where electronic payments are uncommon, enabling users to swipe or tap to pay in person.

RedotPay Card Application Process

Applying for a RedotPay card is simple and can be completed in the app. Users need to download the app from the Apple Store or Google Play, verify their identity, and pre-deposit the application fee in cryptocurrency.

Application Steps:

1. Physical Card
   • Complete identity verification and deposit digital assets.
   • Select the physical card option and fill in billing and shipping addresses.
   • Complete payment and wait for the card to be produced and shipped.
   • Activate the card upon receipt.
2. Virtual Card
   • The virtual card can usually be applied for and activated within ten minutes.
   • Physical card production and shipping typically take 5-10 working days.

RedotPay Card Security

RedotPay operates under Hong Kong’s regulatory framework, ensuring the highest security and legality of user assets. Partnerships with third-party platforms enhance security compliance.

1. KYC (Know Your Customer)
   • Uses Sumsub services to verify customer identity and prevent illegal activities.
2. Transaction Monitoring (KYT)
   • Collaborates with Beosin, using tools like EagleEye and Trace to monitor financial activities.

Each user is assigned a unique blockchain address, separating the card from the user’s assets. User assets are securely held by licensed trust providers (TCSP) in Hong Kong, ensuring ownership in case of company bankruptcy. The “pay-as-you-go” method ensures financial security without additional fees or holding periods.

Users should check jurisdictional restrictions on RedotPay products and services. Using the card signifies agreement to terms of service, privacy policy, and fee schedule.

Discount Codes

Use the following discount codes to get a discount when applying for a RedotPay card at redotpay.coupons:

• PH20OFF: 20% off the virtual card.
• PRODUCTHUNT: 20% off the physical card.

Visit redotpay.coupons for more information and to apply for your RedotPay card today!