According to Hong Kong, Fintech Fintech launched its headquarters, payment cards supported by the cryptocurrency in South Korea, where it placed itself as a potential striker in a market dominated by traditional credit card companies and mobile payment services.
The company’s Crypto Crypto cards – material and virtual – are now accepted in all Korean traders who support the visa, according to May 9 a report By Korea Economic Economic.
This step represents the latest step in global expansion, after its previous partnership with VISA and BIN, StraitsX in February 2025 to enhance the possibilities of boundary encryption.
Redotpay, founded in 2023, has been quickly degraded since the launch of the Crypto Card Soft program in late 2024. More than 4 million users are now serving all over the world.
In South Korea, users can get a virtual card for $ 10 or a material card for $ 100, with minimal verification requirements, including name, address and identifier.
Social media reports indicate that the card is currently available to Korean users. “You can immediately use it with your smartphone without a material card by checking your identity at the version,” one of the users books On x.
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Redotpay cards support the main encrypted currencies
Redotpay cards support major encrypted currencies such as Bitcoin (BTC), ETHER (ETH) and Stablecoins such as USDC (USDC) and USDT (USDT). Users can download their cards with encryption assets from many Blockchains, including Solana, Polygon, BSC, TRON and Erfe.
One prominent feature is the actual payment and recovery system for Redotpay. When making a purchase, Stablecoins is immediately deducted from the user wallet.
If the treatment is canceled, the recovered amounts are processed in USDC or USDT within minutes.
Redotpay is also compatible with Apple Pay in Seoul, which gives it an advantage in a market where Apple Pay is currently limited to Hyundai Card customers. Compatibility may be very important as Redotpay challenges the infrastructure of Korean payment.
The adoption of encryption was accelerating in South Korea, where more than 16 million people are said to have encryption. This also made Crypto a major theme in the 2025 Korean presidency.
On May 6, the leader of the South Korean Democratic Party Lee Jay Meongy became the latest presidential candidate to prepare with the approval of the funds circulating on the exchange of encryption (ETFS) and other friendly measures for encryption, if elected.
The ruling party for South Korea, the Power Party, as well It is said The encryption policy was made in late April, which included allowing Crypto Spot permits, dismantling the individual controversial Korea base, and creating an organizational framework for Stablecoins.
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