RedotPay Drops a Solana-Branded Virtual Card
RedotPay, the Hong Kong-based crypto payment provider backed by $107M in Series B funding, has launched a Solana Edition virtual card. The announcement came via their official X account on February 9, 2026.
The setup is designed to be fast. According to RedotPay, users can get a Solana-branded virtual card in minutes, add it to Apple Pay or Google Pay, and start spending at over 130 million merchants worldwide via the Visa network.
The launch comes with two promos: a 3% cashback on purchases (up to 3 eligible transactions per day, ending February 28, 2026) and a $5 USD activation bonus that must be redeemed by March 11, 2026 and used for purchases. RedotPay is also running a giveaway of 10 Solana cards to their community, with winners announced February 24, 2026.
Why Solana Keeps Winning the Card Race
This is not the first Solana-native card. The ecosystem has been quietly building a serious card infrastructure:
- Solflare launched a self-custodial Mastercard with 1% FX fees and a 4.84/5 App Store rating from over 9,000 reviews.
- Jupiter entered with a global Visa targeting Solana DeFi users.
- KAST runs nine card variants entirely on Solana, offering up to 4% $MOVE cashback.
What makes Solana attractive for card issuers is speed and cost. Sub-second finality and near-zero transaction fees make it practical for real-time payment settlement, something that Ethereum L1 still cannot match at scale.
RedotPay's entry adds a custodial, high-limit option to the Solana card lineup. Where Solflare focuses on self-custody and KAST on rewards, RedotPay competes on global reach and spending capacity.
How the Solana Card Works
The RedotPay Solana Card is a virtual prepaid Visa card. Here is what the fee structure looks like:
| Fee | Amount |
|---|---|
| Annual fee | $0 |
| Issuance | $10 one-time |
| Crypto conversion | 1.0% |
| FX markup | 1.2% (HKD BIN) |
| Cashback | 3% (launch promo, 3 txns/day, ends Feb 28) |
| Activation bonus | $5 USD (redeem by Mar 11, purchases only) |
| Daily limit | $1,000,000 |
| Per transaction | $100,000 |
The card supports SOL, USDT, USDC, BTC, and ETH. Users load crypto into their RedotPay wallet, and the card automatically converts to fiat at the point of sale.
Apple Pay and Google Pay integration means the card works for contactless payments, online shopping, and subscription services without needing a physical card.
Note that RedotPay also offers a Physical Card ($100 issuance) with ATM access for users who need cash withdrawals.
What SOL Holders Should Watch
For Solana ecosystem participants, the RedotPay Solana Card creates a direct off-ramp from SOL holdings to real-world spending. The combined cost is approximately 2.2% (1% conversion plus 1.2% FX), which is competitive with most custodial crypto cards.
The practical question is whether this beats selling SOL on an exchange and using a traditional debit card. For frequent small purchases, the convenience of Apple Pay integration likely wins. For large transactions, the 1% conversion fee on a $10,000 purchase means $100 in fees, which may be worth comparing against exchange withdrawal costs.
Users who prioritize self-custody should look at Solflare instead. RedotPay is custodial, meaning they hold your crypto until the moment of conversion.
The Multi-Chain Card Ecosystem Keeps Expanding
RedotPay's move highlights a broader trend: card issuers are no longer building generic "crypto cards." They are creating ecosystem-specific products that appeal to community identity.
Bybit recently launched a European Bitcoin cashback card. MetaMask targets Ethereum and L2 users. 1inch serves the DEX aggregator community. Each card is optimizing for a specific user base rather than trying to be everything to everyone.
For consumers, this means more choice and better fit. For the industry, it signals maturation. The days of one generic crypto Visa card are over.
FAQ
Is the RedotPay Solana Card a physical card? No. It is virtual only with instant issuance. You add it to Apple Pay or Google Pay for contactless payments.
What are the fees? $10 one-time issuance, 1% crypto conversion fee, and 1.2% FX markup on non-default currency transactions. No annual or monthly fees. Launch promo includes 3% cashback (up to 3 transactions/day, ends Feb 28) and a $5 USD activation bonus (redeem by March 11).
Can I spend SOL directly? Yes. SOL is a supported asset alongside USDT, USDC, BTC, and ETH. RedotPay converts to fiat at the point of sale.
How does it compare to Solflare? RedotPay is custodial with higher limits ($1M daily). Solflare is self-custodial with lower limits but no conversion fee. Choose based on your custody preference and spending volume.
Overview
RedotPay has added a Solana-branded virtual card to its lineup, targeting SOL holders who want instant Apple Pay and Google Pay spending at 130M+ merchants. The card launches with a 3% cashback promo (3 transactions/day, ends Feb 28) and a $5 USD activation bonus (redeem by March 11). Fee structure: $0 annual fee, 1% conversion, 1.2% FX, with the industry-leading $1M daily limit. Combined with Solflare, Jupiter, and KAST, Solana now has four distinct card options covering self-custody, rewards, DeFi, and high-limit spending.
Recommended Reading
- RedotPay Solana Card Review - Full product breakdown with fee analysis
- Best Crypto Cards for DeFi Users - Compare Solana and Ethereum spending options
- Best Self-Custody Crypto Cards - Why custody model matters for your spending
