Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Morse Card

Morse · Visa

3.5/5 2.9/5 · Data verified on

Morse Card (formerly Sling Money) is a virtual Visa card linked to a self-custody Solana wallet, with 0% FX markup and the real-time Visa exchange rate. Morse is registered as an MSB in the US (NMLS #2639252), as a MiCA CASP via the AFM in the Netherlands (#41000005) and with the FCA in the UK; it covers 150+ countries. The card is currently virtual-only (Apple/Google Pay) and offers no cashback. Issuance and annual fees are not publicly documented: set to 0 in the absence of official data (to be verified on the fees page).

46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

Data & conditions

§ Amounts in USD/GBP are shown in the service's native currency.

Network Visa
Fund custody Self-custody (funds in your control)
Issuance fee Free
Annual fee Free
ATM withdrawal Free
FX markup 0%
Cashback
Chains Solana
On-chain settlement Yes
Contactless Yes
Virtual card Yes
KYC Full
Privacy 7/10
Supported countries US, EEA, UK, LATAM · 150+ countries
Funding / solidity Morse (ex Sling Money) è una fintech crypto privata di stablecoin payments con sede negli USA, costruita su rail Solana e integrazione Bridge. L'app offre wallet self-custody, trasferimenti P2P in oltre 150 paesi e 40+ valute, e una carta Visa virtuale.
Estimated net annual cost €0/year
Regulator FinCEN (US), AFM (NL), FCA (UK)
Segment B2C
Funding / solidityMorse (formerly Sling Money) is a private crypto stablecoin-payments fintech based in the US, built on Solana rails with Bridge integration. The app offers a self-custody wallet, P2P transfers across 150+ countries and 40+ currencies, and a virtual Visa card.
MiCA / License status FinCEN MSB (NMLS ID #2639252)MiCA CASP via AFM Netherlands (#41000005)UK FCA registration Registered as a Money Services Business with FinCEN (NMLS ID #2639252), as a MiCA CASP via the AFM in the Netherlands (#41000005) and with the FCA in the UK. ISO 27001 certified.

Strengths

  • Self-custody Solana wallet: the user keeps control of funds.
  • 0% FX markup with real-time Visa exchange rate.
  • Triple regulatory coverage (US MSB, MiCA AFM, UK FCA) and 150+ countries.
  • Self-custody: funds stay in your wallet — the platform cannot touch them.

Weaknesses

  • Virtual-only card, no physical card at this time.
  • No cashback.
  • Solana-stablecoin focused; issuance/annual fees not documented.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (Registered as a Money Services Business with FinCEN (NMLS ID #2639252), as a MiCA CASP via the AFM in the Netherlands (#41000005) and with the FCA in the UK. ISO 27001 certified.): reporting to authorities and freezes on order.

Verdict

B C ★ 3.5/5 ★ 2.9/5 Estimated net annual cost: €0/year

Fragmented protection across jurisdictions: Morse is registered as an MSB with FinCEN (US), as a MiCA CASP via the AFM in the Netherlands and with the FCA in the UK. Coverage is broad but there is no banking license, and the card remains virtual-only and available in few countries.

High sovereignty score: the wallet is genuinely self-custody on Solana, the user keeps control of the keys and Morse states it cannot touch the funds. Full KYC remains a necessary trade-off for issuing the Visa card.

Privacy & anonymity 30% 1.8
Fund control 20% 5.0
Censorship resistance 20% 1.5
Costs 10% 5.0

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 Morse Card custodial or self-custody?

Morse Card is linked to a self-custody wallet: funds stay under the user's control and Morse states it cannot touch them. Settlement happens on-chain on Solana.

How much does Morse Card cost?

The FX markup is 0% (real-time Visa exchange rate). Issuance and annual fees are not publicly documented and are listed as 0 pending confirmation on the official fees page.

Sources

Update history

✓ Terms unchanged since Jun 22, 2026

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