In the crypto market, most of us hold USDT. Have you ever considered using USDT directly for payments during international travel? This eliminates currency exchange hassles and avoids cash shortages abroad. UPay’s service solves this challenge—with a UPay card, you can spend USDT at 55 million merchants across 168 countries. Let’s explore UPay’s offerings!
Key Takeaways
- Global Compatibility: UPay cards integrate with VISA/MasterCard, accepted worldwide.
- Flexible Payment Systems: Bind to Apple Pay, Google Pay, Alipay, and WeChat Pay.
- Card Options: Choose between USDT-funded virtual cards or asset-backed physical cards.
- Fee Structure: Hong Kong and Europe enjoy zero-fee transactions; other regions incur 1–3% fees.
- Exclusive Perks: Hong Kong users get ATM fee waivers and local transaction discounts.
👉 Start spending with crypto today
What Is the UPay Card?
Founded in 2023 and headquartered in Dubai, UPay provides borderless crypto payment solutions. Its flagship product is a crypto-backed card that lets users spend digital assets (like USDT) globally without converting to fiat.
Key Features:
- Partnerships with VISA, MasterCard, PayPal, and more.
- Supports ATM withdrawals and online/offline payments.
- Multi-language 24/7 customer support.
Benefits of UPay
1. Global Payment Convenience
Use USDT at 55 million merchants worldwide—from retail chains to e-commerce platforms.
2. Instant Crypto Conversions
Automatically converts USDT to local currency at checkout with zero exchange fees.
3. Asset-Backed Flexibility
Mortgage BTC/ETH for low-interest loans without selling your holdings.
4. Crypto Adoption
Bridges crypto with daily spending, ideal for digital nomads and freelancers.
UPay Card Comparison
| Feature | Stellar Card (Virtual) | Platinum Card (Virtual) | Euro Card (Physical) | Precious Card (Physical) |
|------------------|-----------------------|-------------------------|----------------------|---------------------------|
| Issuance Fee | 50 USDT | 10 USDT | 100 USDT | 100 USDT |
| Annual Fee | None | None | None | 400 HKD (1st year free) |
| Fee-Free Zones | Hong Kong | Hong Kong | Europe | Hong Kong |
| Transaction Limits | $20K/transaction | $100K/transaction | €50K/transaction | 800K HKD/transaction |
Virtual Cards: Top up USDT for instant use.
Physical Cards: Activate after KYC and mortgage crypto assets (USDT/BTC/ETH/USDC).
How to Apply for a UPay Card
- Register via the UPay website and complete KYC verification.
- Select your card type and pay the issuance fee.
- Wait for approval (typically 3–5 business days).
Note: Some regions restrict UPay access due to local regulations.
Alternatives to UPay
| | UPay | RedotPay | Crypto.com Visa |
|----------------|-----------------------|----------------------|----------------------|
| Fees | 1–3% cross-border | 2.2% + 4.2% ATM | None (CRO staking) |
| Best For | Hong Kong users | High-limit spenders | Token rewards (5% CRO)|
UPay’s Edge: Zero fees in Hong Kong + multi-platform support (WeChat Pay/Alipay).
FAQ
1. Can I withdraw cash with a UPay card?
Yes! Physical cards allow ATM withdrawals (2% fee outside designated zones).
2. Is UPay available in the US?
Currently, UPay focuses on Hong Kong/Europe; check their service coverage for updates.
3. How are transactions taxed?
Tax obligations vary by country. Keep records and consult local tax guidelines.
Final Thoughts
UPay transforms USDT into a practical payment tool, slashing forex costs and expanding crypto utility. While fees average 4–6% globally, its convenience for cross-border spending is unmatched.
Pro Tip: Hong Kong users maximize benefits with the Precious Card (800K HKD spending limit).