Compliant U Card Platform - DogPay: Physical Card Opening Only Requires 50$

I. Main interface of the platform

Dogpay has an independent APP client, which supports iOS and Android systems (Note: iOS version needs to be downloaded with a non-Chinese/US account, and Hong Kong is recommended). APP has clear functional modules, covering account registration, KYC authentication, card application and management (including checking card number, CVV, and transaction details), wallet recharging and transferring funds, and setting consumption limits, etc. The user can complete the whole process of operation from opening to using the card within the APP. Users can complete the whole process of card operation from card opening to use in the APP, with simple interface design and convenient operation, and some pages also display the icon of the consumption platform, which is convenient for users to trace the transaction records.

II. Timing of the establishment of the platform

Founded in 2022, with some documents mentioning Q3 2022 specifically, Dogpay is a fintech company focused on global cryptocurrency and fiat currency fusion payments, with its headquarters initially registered in Singapore, and later with an operating entity in Hong Kong as well, according to a combination of sources.

III. Card opening fees

Dogpay's card opening fees are differentiated by card type (virtual, physical) and card organization (Visa, MasterCard) as follows:

Card Type	card organization	opening fee	note
virtual card	Visa/MasterCard	5 USDT (or 5 US dollars, which is the equivalent value as expressed in different documents)	No quantity limit, available immediately after application, no annual or monthly fee
physical card	Visa	50 USDT (or 50 dollars)	Extra 30-66 USDT (or equivalent in US dollars) logistics fee, support mail to mainland, no annual fee, no monthly fee
physical card	MasterCard	Not explicitly mentioned	Existing documentation for physical cards mainly refers to the Visa type, while the MasterCard physical card opening fee is not described in detail.

IV. Top-up rates (consolidated)

Dogpay's recharge rates are transparent and support multiple cryptocurrencies, with slight variations in different scenarios, as follows:

1. Cryptocurrency Recharge FeeThe most common is 1%, which supports USDT, USDC, BTC, SOL, DOGE, ETH and other multi-currencies, and the threshold of recharge is very low, starting from 0.1 USDT (or equivalent cryptocurrency), and in some scenarios (e.g., recharging USDT from CoinSafe through the Binance Smart Chain (BSC) network), the recharge can be realized with 0 fee.
2. Transaction surcharges: In addition to the reloading fee, a transaction processing fee will be incurred at the time of purchase, depending on the area of purchase and the card organization:
   • Spending in the U.S.: Visa Virtual / Physical Card Transaction Processing Fee 1.00%; MasterCard Virtual Card Transaction Processing Fee 0.3 USD
   • Non-U.S. purchases: Visa Virtual/Physical Card Transaction Processing Fee 2.20%; MasterCard Virtual Card Transaction Processing Fee 1.00% + 0.3 USD
   • ATM Withdrawal Fee (physical card only): 2.00% + 2 USD / transaction
3. Other expenses: No currency conversion fee, no monthly fee, no annual fee, no management fee, and overall rates are at the lower end of similar virtual card products.

V. Snap Heads (Applicable Scenarios)

Dogpay offers cards from two card organizations, Visa and MasterCard, with different scenarios for different card types, as follows:

card organization	Chuck features	Applicable Scenarios
Visa (virtual / physical)	Some documents refer to card segments in line with the Avalanche Card, and physical cards support U.S. regional segments	1. Online Scenario: Support binding Apple Pay, Google Pay, Alipay, WeChat Pay, subscribe to OpenAI/ChatGPT, Apple, Amazon, Google Play, Netflix, Spotify, Midjourney, Claude, and other overseas services, suitable for cross-border e-commerce shopping (e.g. Temu, overseas social media recharge (e.g. Facebook, X) 2. It is suitable for cross-border e-commerce shopping (e.g. Temu), overseas social media recharge (e.g. Facebook, X) 2. Offline scenarios: the physical card supports POS card consumption and ATM cash withdrawal in more than 140 countries around the world, which is suitable for offline payment needs such as overseas study, travel, business trips, etc.
MasterCard (mainly virtual)	British Card BIN (card number beginning with 238, US dollar card)	1. online scenario: support binding Alipay, WeChat payment, can subscribe to most of the above overseas services, but does not support Apple Pay, Google Pay binding 2. offline scenario: not mentioned MasterCard physical card, virtual card does not support offline POS card and ATM cash withdrawal

VI. KYC requirements

Dogpay's compliance is strict and it is mandatory to complete a KYC certification before using the card service, the requirements are as follows:

1. Support for identity types: Explicitly supports the use of ID cards for real-name authentication by users in mainland China, without the need for proof of address, and is also open to users in other regions of the world (legal IDs from the corresponding country/region are required).
2. Certification processThe audit process is relatively fast, and some users report that the whole process can be completed within 30 minutes.
3. Basis of complianceBased on the qualifications held by the platform, such as Singapore PSP license, Estonia EMI license, U.S. FinCEN MSB registration, Hong Kong TCSP license, etc., the KYC process is in line with the regulatory requirements of many places around the world, which can effectively guarantee the safety of users“ funds and avoid the risk of ”freezing the card".

VII. Whether you need a cell phone number to register

Existing documents do not explicitly mention the mandatory requirement of binding cell phone numbers during registration, and the registration process is dominated by “email verification”: users register their accounts via email, and when completing KYC authentication, they need to verify their email addresses (receive verification codes), and they do not need to provide overseas cell phone numbers, which lowers the registration threshold for mainland users. Some operations (such as card binding and transaction verification) can also be completed by receiving verification code via email, and cell phone number is not a necessary registration condition.

VIII. Top-up method

Dogpay mainly supports cryptocurrency recharge with a simple process as follows:

1. Recharge ChannelIt supports top-ups via major cryptocurrency exchanges such as OKX (Euronext, no IP limit) and Coin (except US-China-Singapore IP), as well as cryptocurrency transfers to Dogpay wallet via other wallets.
2. Recharge Steps::
   1. Login to Dogpay APP, enter the “Wallet” module, choose the currency you want to top up (e.g. USDT) and the corresponding network (Binance Smart Chain (BSC) is recommended for low rates and fast settlement);
   2. Copy the address provided by Dogpay for the corresponding currency (be sure to check that the address is correct in order to avoid losing your funds if you transfer to the wrong address);
   3. Initiate a transfer on an exchange or in an external wallet, choosing a network that is aligned with Dogpay;
   4. Once the transfer has been made, transfer the “Wallet Balance” to the “Card Balance” in the Dogpay APP and use it to open a card or make purchases.
3. caveat: Make sure the currency matches the address when you top up (e.g. USDT address only accepts USDT, transferring to other currencies will be irrecoverable), and we recommend you to test the arrival of small amounts before you top up with large amounts.

IX. Availability of physical cards

Yes. Dogpay goes live with Visa/MasterCard physical card services on July 25, 2025, with the following information:

1. Requirements for application: Completion of KYC verification, payment of 50 USDT (or $50) card opening fee and 30-66 USDT (or equivalent in US dollars) logistics fee;
2. Functional SupportIt supports POS card consumption and ATM cash withdrawal in more than 140 countries around the world, and can be bundled with Apple Pay, Google Pay, Alipay, WeChat Pay, share account balance with virtual cards, and realize the consumption of “cryptocurrency automatically converted into fiat currency”;
3. Mailing range: Support mail to mainland China, the card area is labeled as the United States, the logistics time limit varies according to the region, specific to the platform notification shall prevail.

X. Characteristic highlights

1. Compliance qualification is complete: Holding Singapore PSP license, Estonia EMI license, the United States FinCEN MSB registration, Hong Kong TCSP license and other global compliance qualifications, non-“wild card”, directly holding the card issuance license, the security of funds is guaranteed, reduce the “frozen card ”Risks.
2. Multi-scenario payment coverageIt supports both virtual and physical cards, taking into account online subscriptions (e.g. ChatGPT, Netflix), cross-border e-commerce, offline consumption, global ATM cash withdrawals, and can be bundled with Alipay and WeChat payment, perfectly adapting to the needs of mainland users for “cryptocurrency to fiat currency consumption”.
3. Low rates and low thresholdsThe cost of the virtual card is much lower than similar products: charging from 0.1 USDT, charging fee as low as 0 (specific channels)-1%, no monthly fee, annual fee, currency conversion fee, and you can open a virtual card with 5 USDT.
4. Technical and Service AdvantagesIt has an independent APP client with strong functional iteration capability; supports multi-chain asset top-up (USDT, ETH, BSC, etc.), with fast top-up arrival; provides iBank digital banking service (supported by Zenus Bank), which allows users to open a US dollar account without the need for US residency, and supports global income and expenditure of ACH, SWIFT, and FEDWIRE, which is suitable for cross-border e-commerce, It is suitable for cross-border e-commerce, freelancers and other groups.
5. Highly user-friendlyThe following are some of the most important features: support for KYC for mainland China ID cards, no need for overseas cell phone numbers or address proofs; unlimited number of cards, one account can be opened with multiple cards to meet the payment needs of different scenarios; clear transaction details, real-time view of the consumption platform icon for easy account management.