Zoomex Card
Zoomex · Mastercard
Zoomex Card is a virtual Mastercard launched jointly by the crypto-derivatives exchange Zoomex and Swiss financial partner UR, marketed as the first transparency-focused multi-currency virtual card. It provides a dedicated IBAN with native settlement in several currencies (USD, EUR, CHF, SGD, HKD, JPY and more) and works with Apple Pay, Google Pay and Samsung Pay. Issuance and annual fees are zero. On FX, Zoomex states it anchors to Mastercard's real-time rate with no hidden markup, while a third-party source (todey) reports a 1-2% FX fee; pending a single authoritative fee schedule, FX markup is recorded as 0 (the stated value). Funds are held in custody by UR, licensed under Article 1b of the Swiss Banking Act and supervised by FINMA. The 1% cashback was a promotion valid until 30 April 2026, now expired; no permanent rate is documented, so cashback is recorded as 0.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Mastercard |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | Nessun prelievo ATM: la carta e' solo virtuale e non supporta prelievi di contante. |
| ATM withdrawal | Free |
| FX markup | 0% |
| Cashback | — |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 2/10 |
| Supported countries | EEA, UK, APAC |
| Funding / solidity | Zoomex e' un exchange di derivati crypto fondato nel 2021, con oltre 3 milioni di utenti in piu' di 35 regioni. La carta e' emessa in collaborazione con UR, infrastruttura bancaria on-chain per stablecoin (marchio dell'istituto svizzero SR Saphirstein AG) che dichiara copertura in oltre 50 paesi con accesso fiat multi-valuta. |
| Estimated net annual cost | €0/year |
| Regulator | FINMA (Svizzera) per il custode UR / SR Saphirstein AG; Zoomex registrata come MSB US/Canada, NFA US e AUSTRAC Australia |
| Segment | B2C |
| Funding / solidity | Zoomex is a crypto-derivatives exchange founded in 2021, with over 3 million users across more than 35 regions. The card is issued in partnership with UR, an on-chain stablecoin banking infrastructure (a trademark of Swiss institution SR Saphirstein AG) that claims coverage in over 50 countries with multi-currency fiat access. |
| MiCA / License status | Swiss Banking Act Art. 1b (UR, FINMA-supervised custodian)Zoomex: US/Canada MSBZoomex: US NFAZoomex: Australia AUSTRAC Funds on the Zoomex Card are custodied by UR, a trademark of the Swiss financial institution SR Saphirstein AG, supervised by FINMA under the Swiss Banking Act. The Zoomex exchange operates under US/Canada MSB, US NFA and Australia AUSTRAC registrations. |
Strengths
- Dedicated multi-currency IBAN with native settlement in USD, EUR, CHF and more
- No issuance fee and no annual fee
- Funds held in custody by UR, FINMA-supervised, plus Apple/Google/Samsung Pay support
- No notable sovereignty advantage documented.
Weaknesses
- Virtual card only: no physical card and no ATM withdrawals
- The 1% cashback was promotional and appears expired (30 April 2026)
- FX markup transparency is inconsistent (Zoomex states 0, third parties report 1-2%)
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Funds on the Zoomex Card are custodied by UR, a trademark of the Swiss financial institution SR Saphirstein AG, supervised by FINMA under the Swiss Banking Act. The Zoomex exchange operates under US/Canada MSB, US NFA and Australia AUSTRAC registrations.): reporting to authorities and freezes on order.
Verdict
Zero-cost virtual Mastercard (no issuance or annual fee) with a dedicated multi-currency IBAN; funds are custodied by UR, a trademark of Swiss institution SR Saphirstein AG under FINMA supervision. Virtual-only, no physical card or ATM withdrawals; FX markup transparency is inconsistent and the cashback has expired.
Fully custodial solution with full KYC: funds are held by a third party (UR/SR Saphirstein AG) and Zoomex is a centralized exchange. No direct control over keys, low alignment with self-custody and privacy principles.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is the Zoomex Card physical or virtual?
It is a virtual-only Mastercard with instant activation and funding, usable via Apple Pay, Google Pay and Samsung Pay. There is no physical card and no ATM cash withdrawal.
Who holds the funds and under which license?
Funds are held in custody by UR, a Swiss financial partner licensed under Article 1b of the Swiss Banking Act and supervised by FINMA. Zoomex, the exchange launching the card, operates under US/Canada MSB, US NFA and Australia AUSTRAC registrations.
Sources
- beincrypto.com Regulator · Regulatory framework · Azienda info Data verified on Jun 23, 2026
- prnewswire.com Payment network · Iban tipo · Card issuance fee · Annual card fee · +10 Data verified on Jun 23, 2026
- todey.xyz Virtual card · ATM limits · FX markup · Kyc · +2 Data verified on Jun 22, 2026