RedotPay is a stablecoin-powered payment platform that bridges crypto and everyday spending. Trusted by over 7 million users globally, it provides a complete suite of financial tools for spending, sending, and managing digital assets.
Key Features
Crypto Card — Virtual & Physical
Spend stablecoins like USDT and USDC at 130M+ merchants worldwide where card networks are accepted. Available as an instant virtual card (for online subscriptions, travel bookings, and everyday purchases) or a physical card for in-store payments and ATM withdrawals. No annual fees.
Send to Bank & E-Wallet
Send crypto, and recipients receive local currency directly into their bank account or e-wallet. Powered by proprietary stablecoin payout infrastructure, this service enables fast, reliable cross-border transfers.
Multi-Currency Wallet
Manage stablecoins and local currency all in one unified wallet. Access, hold, and transact across multiple currencies from a single app interface.
P2P Marketplace
Trade stablecoins peer-to-peer with instant settlement and no platform fees. Choose from 50+ local currencies and over 200 payment methods — making stablecoin access available to users without traditional banking.
Swap
Convert between cryptocurrencies and stablecoins on the go with competitive rates.
Security & Compliance
- Institutional-Grade Security — Multi-party Computation (MPC) infrastructure safeguards assets
- Licensed & Regulated — VASP in Argentina, MSB in Canada, FinCEN-registered MSB in US, licensed in Hong Kong
- ISO 27001 Certified and PCI DSS Compliant
- Robust KYC/AML protocols with real-time transaction screening and multi-factor authentication
Backed By
Leading investors including Accel, Coinbase Ventures, Galaxy, Pantera Capital, Lightspeed, and HongShan. Strategic partners include Circle, Tether, Solana, Fireblocks, and AWS.
Pros
- Zero-fee P2P marketplace that supports 50+ local currencies and over 200 payment methods, secured by crypto escrow on every trade.
- Very high spending limits with a per-transaction cap of $100,000 and a daily spending limit of up to $1,000,000, suitable for high-volume users and large purchases.
- Instant in-app crypto swaps with transparent low fees, paired with a multi-currency wallet that holds both digital assets and local currency (EUR, GBP) balances.
- Virtual and physical crypto card accepted at over 130 million merchants worldwide, with Apple Pay and Google Pay support and no annual maintenance fees.
- Bank and e-wallet payouts let users send crypto and have the recipient receive local currency directly into their bank account or e-wallet, functioning as a practical cross-border remittance tool.
Cons
- Not available in several major markets including the United States and Mainland China, and features like Earn and P2P are restricted to selected regions only.
- Fee structure adds up quickly with a 1% transaction fee, 1.2% non-default currency fee, 2% ATM withdrawal fee (HKD card), a $10 virtual card fee, and a $100 physical card fee.
- Custodial platform where users do not control their private keys, which may be a deal-breaker for those who prioritize self-custody of their crypto assets.
- Narrow cryptocurrency support limited to BTC, ETH, and a handful of major assets, requiring most users to swap into supported tokens before spending.
- No cashback or purchase rewards on card spending, unlike competing crypto cards that offer 2–5% back on transactions.