RedotPay, (create your account here) a Hong Kong-based cryptocurrency payment platform, announced its physical launch of the encrypted Visa card, now available for application globally. RedotPay users can apply for a physical card directly within the “Apply for a Card” interface of the app. The RedotPay physical card supports ATM withdrawals in fiat currencies worldwide and allows users to use the card for in-person transactions.
Usage and Compatibility of the Card
RedotPay stands as the first Hong Kong native Visa-certified cryptocurrency credit card project, headquartered in the Central district of Hong Kong. Before the introduction of the physical card, earlier this year Redotpay unveiled its virtual card and app, which supports payment services such as Apple Pay, Google Pay, PayPal, Alipay, and WeChat Pay. Users can already be using cryptocurrencies for a vast majority of everyday transactions — from public transportation to, dining, shopping, Uber rides, Netflix subscriptions, and more.
The physical card primarily addresses the need for ATM withdrawals. Users with the physical card can withdraw local currency from any ATM that accepts Visa globally. Additionally, the card increases the platform’s compatibility in regions where electronic payments are still uncommon, allowing users to make in-person card swipes or tap payments.
Application for the Physical Card
- Create account & download the app, complete identity verification and deposit the equivalent digital assets for the physical card payment.
- Navigate to the card application page, select the physical card option, and click the “Order Card” button.
- Fill in your billing address, shipping address, and personal signature.
- Complete the payment.
- Once you see a successful application notification, wait for the card to be produced and shipped.
- Upon receiving the card, activate it according to the provided instructions.
Application for a virtual card and activating it can generally be done within ten minutes. While the application for the physical card is also instantaneous, the production and shipment of the physical card usually takes 5–10 business days. Upon receipt, users can activate their card as per the provided instructions.
