KazePay Card
KazePay (KAZEFI / Metabank Inc) · Visa / Mastercard
KazePay is a custodial crypto card built to spend stablecoins (USDT and USDC only) over the Visa and Mastercard networks, accepted in 210+ countries. It offers both a virtual card (instant issuance) and a physical card, with a stated one-time registration fee of $25 (~€23 here); no monthly fee is reported. Top-ups carry a recharge fee (about 1.8-2.2% for virtual, 2% for physical), while ATM withdrawals cost 2% (minimum $1) with limits of $1,500/day (max 6 withdrawals) and $15,000/month. Funds are held with regulated banking partners and KYC is required for issuance. Stablecoins can be deposited from multiple chains (BSC, Solana, Aptos, Tron, Base, Avalanche, Arbitrum). The FX conversion spread is NOT officially disclosed in a consistent way (third-party sources cite 1-3% depending on the pair): it is therefore set to 0 because it is not reliably documented. Cashback is NOT offered: it is 0, despite some marketing materials mentioning rebates. The issuer (KAZEFI / Metabank Inc, with an operating entity in Hong Kong) is unverified by third parties and no public licenses are known.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Account fee | Free |
|---|---|
| Multi-currency | USD |
| Network | Visa / Mastercard |
| ATM withdrawal | 2% |
| Free ATM limit | $1.500/giorno (max 6 prelievi), $15.000/mese |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | US, EEA, UK, APAC, LATAM · 210+ countries |
| Regulator | FinCEN (Money Services Business) |
| Segment | B2C |
| Funding / solidity | KazePay is a brand operated by Metabank Inc (KAZEFI), a U.S. FinCEN-registered MSB with a related entity in Hong Kong; it partners with licensed banking institutions across several countries (including Lithuania, the USA, Japan, Singapore, Australia, Hong Kong). |
| MiCA / License status | Nessuna licenza pubblica nota; opera tramite partner bancari/emittenti Registered as a Money Services Business (MSB) with FinCEN through Metabank Inc / KAZEFI; claims compliance with EU AML guidelines (5AMLD/6AMLD) and relies on licensed banking institutions for card issuance and fiat handling. |
Strengths
- Wide acceptance: Visa/Mastercard in 210+ countries, instant virtual card + Apple/Google Pay
- No monthly fee and no fee on spending transactions
- Multi-chain stablecoin funding (USDT/USDC on BSC, Solana, Tron, Base and more)
- No notable sovereignty advantage documented.
Weaknesses
- Unverified issuer (KAZEFI/Metabank Inc) and no public license known
- USDT/USDC stablecoins only; no cashback despite the marketing
- High top-up and withdrawal fees (top-up ~2%, ATM 2% + $1 min) and undisclosed FX spread
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Registered as a Money Services Business (MSB) with FinCEN through Metabank Inc / KAZEFI; claims compliance with EU AML guidelines (5AMLD/6AMLD) and relies on licensed banking institutions for card issuance and fiat handling.): reporting to authorities and freezes on order.
Verdict
Weak protection: the issuer is unverified by third parties and funds sit in a custodial model held by banking partners, with unclear public licensing; it operates as a FinCEN-registered MSB but offers no direct guarantee on user deposits.
Minimal sovereignty: a custodial card with mandatory full KYC and no self-custody; the user never controls the keys and depends entirely on the issuer.
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 KazePay custodial and does it require KYC?
Yes. Funds are held with regulated banking partners (custodial model) and KYC is mandatory for card issuance and account features.
Which cryptocurrencies and chains does KazePay support?
It supports only the USDT and USDC stablecoins, which can be deposited from multiple chains: BSC, Solana, Aptos, Tron, Base, Avalanche and Arbitrum. No other cryptocurrencies are accepted for funding.
Sources
- ucardcrypto.com FX markup · Fee top-up · Limiti ATM · Virtual card · +7 Data verified on Jun 23, 2026
- kazepay.io Custodial · KYC · ATM fee/limit · Valute · +2 Data verified on Jun 22, 2026
- todey.xyz Fee registrazione $25 · Network Visa/Mastercard · Regioni · Cashback 0% · +1 Data verified on Jun 22, 2026