Hong Kong-based Fintech firm Redotpay has allegedly launched its cryptocurrency-competent payment cards in South Korea, keeping themselves in position as a possible disruption in the market dominated by traditional credit card firms and mobile payment services.
Company’s Crypto Debit Card – Both physical and virtual – now all Korean traders are accepted who support the visa according to May 9 Report By Korea Economic Daily.
The step marks the latest step of Redotpay in global expansion, to increase cross-border crypto payment abilities after its earlier partnership with visa and bin sponsor StraitsX in February 2025.
Redotpay, established in 2023, has increased rapidly since the soft launch of its crypto card program in late 2024. It now serves over 4 million users worldwide.
In South Korea, users can get a virtual card for $ 10 or a physical card for $ 100, with minimal verification requirements including name, address and ID.
The report on social media states that the card is currently available to Korean users. “You can use it immediately with your smartphone without a physical card by verifying your identity on release,” a user wrote On X.
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Redotpay card supports major cryptocurrency
Redotpay cards support Bitcoin (BTC) and Ether (Eth) and Stabelcoin such as USDC (USDC) and USDT (USDT). Users can load their cards with crypto assets from multiple blockchain, including Solan, polygon, BSc, Tron and Arbitrum.
A standout feature is the real -time stablecoin payment and corresponding system of redotpay. When a purchase is done, Stabelin is immediately cut off from the user’s wallet.
If a transaction is canceled, the refund in USDC or USDT is processed within minutes.
Redotpay is also compatible with Apple Pay in Seoul, gives it an edge in a market where Apple Pay is currently limited to Hyundai card customers. Compatibility can prove to be important as Redotpay challenges the installed payment infrastructure of Korea.
Crypto adopted eclipse is intensifying in South Korea, where more than 16 million people allegedly capture Crypto. It has also made Crypto a major topic in the 2025 South Korean presidential race.
On 6 May, South Korean Democratic Party leader Lee J-Mung Spot became the latest presidential candidate to promise approval of the Crypto Exchange-Trade Fund (ETF) and other Crypto-friendly measures, he should be elected the latest presidential candidate to promise approval.
South Korea’s ruling party, Peepal Power Party also Allegedly Crypto policy promises were made at the end of April, including permission to Spot Crypto ETF, destroying Korea’s controversial one-exchange-one-bank rule and establishing a regulatory structure for stabecrims.
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