RedotPay
A crypto wallet with a Visa card, for people outside the US who want to spend their crypto and stablecoins day to day. It holds USDT, USDC, RLUSD and 10 other cryptocurrencies, and in some countries you can add USD, EUR and GBP account details to receive money. RedotPay is not a bank and names no partner bank: crypto sits with its Hong Kong custodian, and nothing is insured. It's blocked in 38 places, including the US, mainland China and Ukraine, and in a few more you get the app but no card. This verdict is based on RedotPay's own terms and help pages; we'll add what users say once there are enough reviews to score.
What’s good
- Holds USDT, USDC, RLUSD and 10 other cryptocurrencies
- Visa card with Apple Pay and Google Pay, and no monthly fee
- A passport alone is enough to verify
Watch out for
- Not available in the US, mainland China, Ukraine and 35 other places
- Not a bank and not insured, and it names no partner bank
- $10 for a virtual card or $100 for a physical one, and 1% to spend crypto
What you need to open it
As a person
- Passport, National ID or Driving licenceOne is enough; a passport alone works
- Proof of addressSometimes asked
- SSN or ITINNot part of this sign-up
- Approval timeUsually a few minutes; 1–3 business days if extra documents are requested
✓ needed◐ sometimes asked– not needed? not published
Community score
Products
Bank account details
YesCard
Yes- Card fee
- Virtual $10; physical $100 (standard mail free, DHL extra)
- ATM
- 2% (up to $10,000/month), 3% above; +1.2% if not in card currency, +1% crypto conversion
Get paid by platforms
YesMulti-currency balances
Yes- Conversion
- 1.2% (transactions not in the card currency) + 1% crypto conversion fee
Send and withdraw
Yes- Fees
- Crypto withdrawals: network fee; local-currency payouts: fee per currency/method shown in app; internal transfers free
Stablecoins
Yes- Deposit networks
- Tron (TRC-20), Ethereum, Solana
Crypto
Yes- Crypto deposits
- Yes
Interest on balances
YesVariable APY on USDC/USDT through Earn (offered by RedotPay Panama), selected regions only
Bank account detailsEUR · IBAN, GBP · sort code, SWIFT wires ✓
CardVisa · Apple Pay · Google Pay ✓
Get paid by platformsConfirmed: PayPal ✓
Multi-currency balancesUSD, GBP, EUR ✓
Send and withdrawCrypto withdrawals: network fee; local-currency payouts: fee per currency/method shown in app; internal transfers free ✓
StablecoinsUSDT, USDC, RLUSD ✓
CryptoBTC, ETH, BNB, SOL, S, SUI, TRX, XRP, BCH, LTC ✓
Interest on balancesVariable APY on USDC/USDT through Earn (offered by RedotPay Panama), selected regions only ✓
Variable APY on USDC/USDT through Earn (offered by RedotPay Panama), selected regions only
Fees
Fees checkedMonthly fee
There are no card management, monthly or annual fees. RedotPay Pro is optional at $12.90/month or $129/year. A Personal Funding Account costs $6 (or €6/£6) to open unless your balance is at least $100. It also carries an annual maintenance fee, amount not stated, unless you deposit $1,000 within the first 11 months.
Receiving money
Crypto deposits have per-asset minimums. If a bank deposit is returned, the bank may deduct a handling fee. The PayPal fee is from https://helpcenter.redotpay.com/en/articles/11331113-third-party-transfer-support-e-g-paypal-fee-discount-in-may.
Sending and withdrawing
RedotPay publishes no fixed payout fee schedule. Crypto-to-local-currency transfers go to personal bank accounts or e-wallets only (for example Pix, SPEI, SEPA, or USD by SWIFT). EUR and GBP balances can be withdrawn to a linked bank account in the same currency. Internal transfers between users are free.
Currency conversion
Taken from RedotPay's fee table, which is published as an image. Transactions in the card's own currency (USD for all new cards since 21 Jan 2026) pay no currency fee, but spending crypto still costs a 1% conversion fee. Some merchants (games, Facebook Ads, Discord and others) charge 1.5% (minimum $0.50); the first 3 such transactions per card each month are free. Small authorisations of $1 or less cost $0.20 after 5 free per month, and declines cost $0.50 after 3 free per month.
Card
These are one-time issuance fees and are non-refundable. Replacing a virtual card costs $5 the first time and $10 after that. You can hold at most 5 cards per lifetime. Annual RedotPay Pro waives the physical card fee once, and monthly Pro waives the virtual card fee once.
ATM withdrawals
Physical card only. USD card limits: 3 withdrawals a day and 30 a month, $3,750 a day and $50,000 a month. In some regions the limits are $3,000 a day and $10,000 a month. Legacy HKD cards pay 2%. Annual RedotPay Pro members get $1,000 a month fee-free.
Can I open it from my country?
| Where you live | Personal |
|---|---|
| Afghanistan | Not accepted |
| Åland Islands | Accepted |
| AlbaniaResidents cannot get a RedotPay card, virtual or physical, and cannot use this country as a billing address. Citizens cannot complete KYC. Non-citizen residents can still use the app. | Limited |
| Algeria | Accepted |
| American Samoa | Accepted |
| Andorra | Accepted |
| Angola | Accepted |
| Anguilla | Accepted |
| Antarctica | Accepted |
| Antigua and Barbuda | Accepted |
| Argentina | Accepted |
| Armenia | Accepted |
| Aruba | Accepted |
| Australia | Accepted |
| Austria | Accepted |
| Azerbaijan | Accepted |
| Bahamas | Accepted |
| Bahrain | Accepted |
| Bangladesh | Accepted |
| Barbados | Accepted |
| Belarus | Not accepted |
| Belgium | Accepted |
| Belize | Accepted |
| Benin | Accepted |
| Bermuda | Accepted |
| Bhutan | Accepted |
| Bolivia | Accepted |
| Bosnia and Herzegovina | Not accepted |
| Botswana | Accepted |
| Bouvet IslandResidents cannot get a RedotPay card, virtual or physical, and cannot use this country as a billing address. Citizens cannot complete KYC. Non-citizen residents can still use the app. | Limited |
| Brazil | Accepted |
| British Indian Ocean Territory | Accepted |
| British Virgin Islands | Accepted |
| Brunei | Accepted |
| Bulgaria | Accepted |
| Burkina Faso | Not accepted |
| Burundi | Not accepted |
| Cambodia | Accepted |
| Cameroon | Accepted |
| Canada | Accepted |
| Cape Verde | Accepted |
| Caribbean NetherlandsResidents cannot get a RedotPay card, virtual or physical, and cannot use this country as a billing address. Citizens cannot complete KYC. Non-citizen residents can still use the app. RedotPay's list says 'Netherlands Antilles'; it is mapped here to the successor territories. | Limited |
| Cayman Islands | Accepted |
| Central African Republic | Not accepted |
| Chad | Accepted |
| Chile | Accepted |
| China | Not accepted |
| Christmas Island | Accepted |
| Cocos (Keeling) Islands | Accepted |
| Colombia | Accepted |
| Comoros | Accepted |
| Cook Islands | Accepted |
| Costa Rica | Accepted |
| Côte d'Ivoire | Accepted |
| Croatia | Not accepted |
| Cuba | Not accepted |
| CuraçaoResidents cannot get a RedotPay card, virtual or physical, and cannot use this country as a billing address. Citizens cannot complete KYC. Non-citizen residents can still use the app. RedotPay's list says 'Netherlands Antilles'; it is mapped here to the successor territories. | Limited |
| Cyprus | Accepted |
| Czechia | Accepted |
| Denmark | Accepted |
| Djibouti | Accepted |
| Dominica | Accepted |
| Dominican Republic | Accepted |
| DR Congo | Not accepted |
| Ecuador | Accepted |
| EgyptVirtual card only: physical cards are not shipped here. | Limited |
| El Salvador | Accepted |
| Equatorial Guinea | Accepted |
| Eritrea | Not accepted |
| Estonia | Accepted |
| Eswatini | Accepted |
| Ethiopia | Not accepted |
| Falkland Islands | Accepted |
| Faroe Islands | Accepted |
| Fiji | Accepted |
| Finland | Accepted |
| France | Accepted |
| French Guiana | Accepted |
| French Polynesia | Accepted |
| French Southern Territories | Accepted |
| Gabon | Accepted |
| Gambia | Accepted |
| Georgia | Accepted |
| Germany | Accepted |
| Ghana | Accepted |
| Gibraltar | Accepted |
| Greece | Accepted |
| Greenland | Accepted |
| Grenada | Accepted |
| Guadeloupe | Accepted |
| Guam | Accepted |
| Guatemala | Accepted |
| Guernsey | Accepted |
| Guinea | Accepted |
| Guinea-Bissau | Not accepted |
| Guyana | Accepted |
| Haiti | Not accepted |
| Heard and McDonald Islands | Accepted |
| Honduras | Accepted |
| Hong Kong | Accepted |
| Hungary | Accepted |
| Iceland | Accepted |
| IndiaResidents can use the app and wallet but cannot get a virtual or physical card. | Limited |
| IndonesiaResidents can use the app and wallet but cannot get a virtual or physical card. | Limited |
| Iran | Not accepted |
| Iraq | Not accepted |
| Ireland | Accepted |
| Isle of Man | Accepted |
| Israel | Accepted |
| Italy | Accepted |
| Jamaica | Accepted |
| Japan | Accepted |
| Jersey | Accepted |
| Jordan | Accepted |
| Kazakhstan | Accepted |
| Kenya | Accepted |
| Kiribati | Accepted |
| KosovoResidents cannot get a RedotPay card, virtual or physical, and cannot use this country as a billing address. Citizens cannot complete KYC. Non-citizen residents can still use the app. | Limited |
| Kuwait | Accepted |
| Kyrgyzstan | Accepted |
| Laos | Accepted |
| Latvia | Accepted |
| Lebanon | Not accepted |
| Lesotho | Accepted |
| Liberia | Not accepted |
| Libya | Not accepted |
| Liechtenstein | Accepted |
| Lithuania | Accepted |
| Luxembourg | Accepted |
| Macao | Accepted |
| Madagascar | Accepted |
| Malawi | Accepted |
| Malaysia | Accepted |
| Maldives | Accepted |
| Mali | Not accepted |
| Malta | Accepted |
| Marshall Islands | Accepted |
| Martinique | Accepted |
| Mauritania | Accepted |
| Mauritius | Accepted |
| Mayotte | Accepted |
| Mexico | Accepted |
| Micronesia | Accepted |
| Moldova | Accepted |
| Monaco | Accepted |
| Mongolia | Accepted |
| Montenegro | Not accepted |
| Montserrat | Accepted |
| MoroccoResidents can use the app and wallet but cannot get a virtual or physical card. | Limited |
| Mozambique | Accepted |
| Myanmar | Not accepted |
| Namibia | Accepted |
| Nauru | Accepted |
| NepalResidents can use the app and wallet but cannot get a virtual or physical card. | Limited |
| Netherlands | Accepted |
| New Caledonia | Accepted |
| New Zealand | Accepted |
| Nicaragua | Not accepted |
| Niger | Accepted |
| Nigeria | Accepted |
| Niue | Accepted |
| Norfolk Island | Accepted |
| North Korea | Not accepted |
| North Macedonia | Not accepted |
| Northern Mariana Islands | Accepted |
| Norway | Accepted |
| Oman | Accepted |
| Pakistan | Accepted |
| Palau | Accepted |
| PalestineVirtual card only: physical cards are not shipped here. | Limited |
| Panama | Accepted |
| Papua New Guinea | Accepted |
| Paraguay | Accepted |
| Peru | Accepted |
| Philippines | Accepted |
| Pitcairn Islands | Accepted |
| Poland | Accepted |
| Portugal | Accepted |
| Puerto Rico | Accepted |
| Qatar | Accepted |
| Republic of the Congo | Accepted |
| Réunion | Accepted |
| Romania | Accepted |
| Russia | Not accepted |
| Rwanda | Accepted |
| Samoa | Accepted |
| San Marino | Accepted |
| São Tomé and Príncipe | Accepted |
| Saudi Arabia | Accepted |
| Senegal | Accepted |
| Serbia | Not accepted |
| Seychelles | Accepted |
| Sierra Leone | Accepted |
| SingaporeResidents can use the app and wallet but cannot get a virtual or physical card. The Singapore card programme terms also require the cardholder to live ordinarily outside Singapore. | Limited |
| Sint MaartenResidents cannot get a RedotPay card, virtual or physical, and cannot use this country as a billing address. Citizens cannot complete KYC. Non-citizen residents can still use the app. RedotPay's list says 'Netherlands Antilles'; it is mapped here to the successor territories. | Limited |
| Slovakia | Accepted |
| Slovenia | Not accepted |
| Solomon Islands | Accepted |
| Somalia | Not accepted |
| South Africa | Accepted |
| South Georgia and South Sandwich Islands | Accepted |
| South Korea | Accepted |
| South Sudan | Not accepted |
| Spain | Accepted |
| Sri Lanka | Accepted |
| St Barthélemy | Accepted |
| St Helena | Accepted |
| St Kitts and Nevis | Accepted |
| St Lucia | Accepted |
| St Martin | Accepted |
| St Pierre and Miquelon | Accepted |
| St Vincent and the Grenadines | Accepted |
| Sudan | Not accepted |
| Suriname | Accepted |
| Svalbard and Jan Mayen | Accepted |
| Sweden | Accepted |
| Switzerland | Accepted |
| Syria | Not accepted |
| Taiwan | Accepted |
| Tajikistan | Accepted |
| Tanzania | Not accepted |
| Thailand | Accepted |
| Timor-Leste | Accepted |
| Togo | Accepted |
| Tokelau | Accepted |
| Tonga | Accepted |
| Trinidad and Tobago | Accepted |
| TunisiaVirtual card only: physical cards are not shipped here. | Limited |
| TürkiyeResidents can use the app and wallet but cannot get a virtual or physical card. | Limited |
| Turkmenistan | Accepted |
| Turks and Caicos Islands | Accepted |
| Tuvalu | Accepted |
| U.S. Outlying Islands | Accepted |
| U.S. Virgin Islands | Accepted |
| Uganda | Accepted |
| Ukraine | Not accepted |
| United Arab Emirates | Accepted |
| United Kingdom | Accepted |
| United States | Not accepted |
| Uruguay | Accepted |
| Uzbekistan | Accepted |
| Vanuatu | Accepted |
| Vatican City | Accepted |
| Venezuela | Not accepted |
| Vietnam | Accepted |
| Wallis and Futuna | Accepted |
| Western Sahara | Accepted |
| Yemen | Not accepted |
| Zambia | Accepted |
| Zimbabwe | Not accepted |
No country matches that search.
250 countries and territories.
Is my money safe?
- Virtual asset service providerThis is a custodial crypto service. Red Dot Trust Limited (Hong Kong) is the Custodian. RedotPay is registered as a VASP in Argentina (CNV PSAV No. 144) and holds Hong Kong Money Lender and TCSP licences plus MSB registrations in Canada and the US. It describes itself as 'a fintech service provider and not a bank'.
- Licences and registrations (5)
- Virtual Asset Service Provider (PSAV) registration · Comisión Nacional de Valores (CNV) · Argentina · N° 144
- Money Services Business registration (Red Dot Payment Inc.) · FinCEN · United States · 31000307035339
- Money Lender's Licence · Not named by RedotPay (Hong Kong money lenders regime) · Hong Kong · 1715/2025
- Trust or Company Service Provider (TCSP) licence · Not named by RedotPay · Hong Kong
- Money Services Business registration · Not named by RedotPay (Canadian MSB registration) · Canada
- Legal entities
- Red F. Technology Limited (BR 75073741) · Hong Kong
- Red Dot Technology Limited (BR 73323716) · Hong Kong
- Red Dot Trust Limited (BR 75771638), Custodian · Hong Kong
- RedotX (Tango) Limited, Argentine Branch (IGJ N° 874) · Argentina
- RedotX Global (Panama) S.A. (155770401), provides Earn · Panama
- Red Dot Payment Inc. · Montana, United States
- Redotpay Technology Pte. Ltd. (202346379C), Singapore card programme manager · Singapore
- No partner bank named
- Deposit protectionThe Terms say no Account is a banking service or a stored value facility. Earn is 'not a bank deposit' and has no deposit insurance.
- Who holds the moneyCustodial. Crypto balances sit in Custodian Accounts held by Red Dot Trust Limited (Hong Kong), and card spending converts them at the moment of payment. USD, GBP and EUR in the Personal Funding Account are held with licensed financial partners that RedotPay does not name.
RedotPay vs the alternatives
| Feature | RedotPay — | KAST — | Wirex — | Xapo Bank — |
|---|---|---|---|---|
| Who it’s for | For people | People and companies | People and companies | People and companies |
| USD account (ACH) | No | Yes | Yes | Yes |
| EUR IBAN | Yes | Yes | Yes | Yes |
| GBP account | Yes | No | Yes | Yes |
| Card | Visa | Visa | Visa | Visa and Mastercard |
| Monthly fee | $0 | $0 (Standard) | $0 | $1,000/year membership |
| Send and withdraw | Crypto withdrawals: network fee; local-currency payouts: fee per currency/method shown in app; internal transfers free | USD ACH $1 or wire $15 (+0.08%), SWIFT $35; local currency typically $2 + 1% FX | Not published | SEPA €0.15; FPS £0.15; ACH $30 + 0.15%; SWIFT 0.2% + £25 |
| Currency conversion | 1.2% (transactions not in the card currency) + 1% crypto conversion fee | 0.5%–1.75% | 0% on card spending | 0% on card spending |
| Stablecoins | USDT, USDC, RLUSD | USDC, USDT, PYUSD, RLUSD | USDC, USDT, EURC | No |
| Interest on balances | Variable APY on USDC/USDT through Earn (offered by RedotPay Panama), selected regions only | Reserve Rewards (promotional cashback, not interest) on USD in the Reserve Account: 8% Standard, up to 10% Premium (first $50k), up to 12% Private (first $200k); variable T-bill-linked APY in the USDKY vault | Up to 9.75% APY on stablecoins (DeFi-based, variable) | USD Savings 4.1% variable; BTC Savings 0.25% (up to 2 BTC); paid daily in BTC |
| Deposit protection | Not insured | Not insured | Not insured | Deposit scheme |
Every cell comes from that company’s own pages.
Questions people ask
Is RedotPay a bank?
No. RedotPay is a virtual asset service provider, with 5 licences or registrations in Argentina, United States, Hong Kong and Canada.
Is money in RedotPay protected?
The Terms say no Account is a banking service or a stored value facility. Earn is 'not a bank deposit' and has no deposit insurance.
Who can open RedotPay?
Individuals 18+ anywhere except 38 blocked locations (including the US, mainland China, Russia, Ukraine, Iran, Croatia, Slovenia and Tanzania). Citizens of 41 restricted countries cannot pass KYC wherever they live. Residents of India, Indonesia, Turkey, Singapore, Morocco, Nepal and a few others get the app but no card.
Do I need an SSN or ITIN?
An SSN isn't part of RedotPay's sign-up. It doesn’t accept an ITIN. A passport alone works as ID.
How long does approval take?
Usually a few minutes; 1–3 business days if extra documents are requested.
Can Upwork, Fiverr, PayPal and Stripe pay into RedotPay?
Confirmed by RedotPay: PayPal. Not confirmed on its own pages: Upwork, Fiverr, Stripe, Deel and Payoneer.
How much does it cost to send or withdraw money?
Crypto withdrawals: network fee; local-currency payouts: fee per currency/method shown in app; internal transfers free.
Does RedotPay have a card?
Yes, a Visa card, virtual and physical. Card fees: Virtual $10; physical $100 (standard mail free, DHL extra). It works with Apple Pay and Google Pay.
Can I hold crypto in RedotPay?
Stablecoins: USDT, USDC and RLUSD. Other crypto: BTC, ETH, BNB, SOL, S, SUI, TRX, XRP, BCH and LTC.
Does RedotPay pay interest on balances?
Variable APY on USDC/USDT through Earn (offered by RedotPay Panama), selected regions only.
Facts last verified against 28 pages on RedotPay’s own sites. Report a mistake