FastPay KOKO Visa 2026: Singapore Business U-Card

Verification note — September 15, 2026

Prices, plans, eligibility, regional availability, fees, USSD codes, network costs and service status in this article can change without notice. This review uses FastPay official site and Help Center as the official recheck point. Historical figures and hands-on observations remain dated context, not a current quote, availability promise, or payment-success guarantee. Before buying, topping up, moving assets, or sending an on-chain transaction, recheck region, tax, network and expiry on the provider’s final checkout, app/support channel, or wallet confirmation screen.

What Is FastPay KOKO Visa

FastPay (official site: vcard.fastpay.network) is a relatively new virtual card platform centered on the KOKO_Visa prepaid virtual debit card for business users, issued in Singapore (labelled Issuance Location: Singapore on the official products page; the operating company's registration is not publicly disclosed) — the kind of card communities usually call a "U card". Access is invite-only with limited slots on a first-come-first-served basis, and the platform positions itself for long-term stable use rather than short-term promos. As of this article's verification date (2026-08-16), there is very little public third-party coverage of the platform — no independent reviews surface in search — so treat it as a typical early-stage provider and validate with small amounts before committing.

The target use cases are clear: AI subscriptions such as Claude and OpenAI, Google Cloud Platform, plus e-commerce, SaaS procurement, and advertising spend. The platform explicitly declines card resellers and abusive customers, and applies cumulative top-up limits to accounts that have not completed identity verification (limits are lifted once verification is done). This customer-screening approach usually translates into more stable BIN quality.

Fees (rechecked on the official product pages, 2026-09-15)

• Card fee: historically 15 USD one-off (as of the 2026-09-15 recheck the public products page no longer shows a fixed card fee — the issuing page displays it live). Not cheap — only worthwhile for long-term use; short-term users should pick a low-fee-card platform.
• Authorization fee: 0.5 USD + 1.25% of the transaction amount per transaction, charged on both success and failure. A declined transaction still costs you 0.5 USD, so repeated retries add up.
• 3DS fee: 0.1 USD per successfully triggered 3D Secure check.
• Monthly fee: none.
• Top-up: USDT/USDC via Ethereum (ERC-20), Polygon, or Tron (TRC-20), credited near real-time. Note the deposit address is temporary — never save and reuse it, and cross-chain smart-contract transfers are not supported.

Quick math: with 200 USD of monthly subscription spend across ~10 transactions, expect roughly 3 USD/month in fees plus the 15 USD card fee in month one — around 50 USD all-in for the first year. It fits teams that already treat AI and cloud services as fixed costs.

Supported payment methods

The card binds to Apple Pay and Google Pay and handles online purchases and subscription auto-renewals. The official Help also mentions binding scenarios for PayPal, Alipay, and WeChat Pay (verify with an actual binding attempt). ATM withdrawals, transfers, currency purchases, and remittances are not supported — standard prepaid-card limitations.

Besides KOKO_Visa, the platform offers a Hong Kong-issued Applepay Virtual Card2: 0.25 USD authorization handling fee per transaction (success or failure), supports offline Apple Pay, and covers Amazon across multiple regions, AWS, Alibaba, AliExpress, and Facebook Ads. If your main spend is advertising, that card's fee structure is friendlier.

Risk controls and boundaries

• Explicitly unwelcome: card resellers, abusive customers, and accounts that repeatedly transact in risk-controlled scenarios.
• Single-use cards: select "Single Use" when opening a card; it supports exactly one authorized charge — useful for isolating one-off payments.
• Cancellation: supported; the card balance returns to your account balance and history remains viewable.
• Verification codes: sent to your registered email, or visible in the note of the first transaction record in card details.
• KYC: the site self-declares Hong Kong MSO and MLO licenses (the platform's own statement, not independently verified) and includes an in-app identity verification (KYC) module — accounts without verification face cumulative top-up limits, lifted once verified. Registration still needs only an email or Google account; avoid parking funds beyond short-term spending needs.

How it compares with mainstream U cards

Against mature platforms like Depay, WasabiCard, or CoinePay, FastPay KOKO differentiates through "business-oriented + invite-only + failure-rate gatekeeping": it actively filters out high-risk users to protect the BIN, at the cost of a higher card fee (15 USD) and per-transaction authorization fees. Light individual users are better served by cheaper cards; teams with hundreds of dollars in fixed monthly AI and cloud spend who keep tripping other platforms' risk controls may find a slot on a card like this worth claiming.

Verdict

FastPay KOKO Visa is a clearly positioned Singapore-issued business prepaid Visa virtual card: USDT/USDC top-up on three networks, Apple Pay/Google Pay, single-use cards, no monthly fee — built for long-term fixed spend on AI subscriptions and cloud services. The 15 USD card fee means it only pays off for long-term users; the platform is new and its only license disclosure is a self-declared Hong Kong MSO/MLO statement not cross-checked in independent registers, so claim an invite slot, run small amounts for a month or two to gauge the success rate, and then decide whether to make it your primary card. The invite link in this article carries a referral code, which does not affect fees. All fee data verified 2026-08-16; defer to the latest official pages.

[2026-09-13 Verification Update] Re-checked the official site (2026-09-13): the platform is operational; card fees are shown live on the issuing page. The site now discloses an identity verification (KYC) system and Hong Kong MSO/MLO licenses, with cumulative top-up limits for unverified accounts; risk rules are published as "improper card use penalties" (crypto, gift cards and other scenarios banned — 10 USD fine per violating transaction, card closed after 3). The earlier claim of keeping the transaction failure rate below 15% came from historical pages and no longer appears in current public copy.

[2026-09-15 Verification Update] Re-checked the official products page (/products): KOKO_Visa is labelled Issuance Location: Singapore; the authorization fee (0.5 USD + 1.25% per transaction, success or failure) and the 3DS fee (0.1 USD) match this article. The same page lists a VIPDCC card with a "monthly failure rate below 15%, spend over 1,000U earns a 0.2% reward" clause. The card fee is no longer shown publicly. The Hong Kong MSO/MLO licences remain a Help Center self-declaration without independent regulatory cross-checks.