UPay Card

What the UPay Card is

UPay is a crypto wallet and payments platform headquartered in Dubai, and its Premier Card is offered as both a physical and a virtual card denominated in US dollars. Crypto is converted as you spend, so there is no need to pre-convert a balance into fiat before using the card.

The pricing model

UPay's own card page states a simple structure: a 2% fee with no FX fees, whatever you spend and wherever you spend it. That is a straightforward model compared with cards that charge separately for top-ups, conversions and cross-border transactions. What the page does not publish is issuance pricing or ATM fees - third-party reviews report a $10 issuance fee for the virtual card and a $100 activation fee for the physical Premier Card, which is a significant difference in cost between the two.

Acceptance and features

The card is accepted across a wide merchant set, with WeChat Pay, Alipay, PayPal, Walmart, Amazon, Shopee, eBay, Google Pay, Apple Pay and Meituan all listed. Both virtual and physical cards support Apple Pay and Google Pay, and the virtual card adds 3D Secure for online payments.

What to weigh

The 2% flat fee is competitive against cards that add conversion spreads, but it is charged on top of whatever you pay to acquire and fund the card. With no published fee schedule and limited independent review coverage - UPay Technology Limited's Trustpilot profile sits at 2.5 from a small review count - confirm the full cost stack in the app before committing, especially for the physical card.

UPay's Premier Card comes in physical and virtual form and spends supported crypto including BTC, ETH and USDT. DogPay splits its offer the same way between subscriptions and the counter, and UU Wallet issues a USDT-funded Visa Platinum. The crypto cards directory compares their fees.

Cards

• Premier Card physical version with worldwide acceptance and ATM access.
• Premier Card virtual version for online payments and subscriptions, issued and used through the app.
• USD card currency, with crypto converted as you spend rather than pre-converted.
• 3D Secure on the virtual card, plus Apple Pay and Google Pay support.

Where it is accepted

• Merchant coverage includes WeChat Pay, Alipay, PayPal, Walmart, Amazon, Shopee, eBay, Google Pay, Apple Pay and Meituan.
• Everyday categories: hotels, restaurants, shopping centres, grocery stores and travel.
• Online services, subscriptions and advertising spend.

Applying

• Create an account and complete verification.
• Choose and apply for a card, funding the wallet afterwards.
• Start spending once the wallet is funded.
• The app is available for download from UPay's site.

Supported assets

UPay supports BTC, ETH and USDT for card spending and wallet use, with crypto converted to fiat at the point of payment. Stablecoins are the practical choice for everyday spending because the value does not move between deposit and purchase.

How conversion works

UPay states that payments happen directly with digital assets without requiring currency conversion in advance, and that conversion between digital assets and fiat may occur during payment depending on the network and settlement process. The 2% fee covers the transaction; the conversion rate applied is where the real cost sits.

Jurisdiction notes

UPay notes that availability varies by jurisdiction and is subject to local regulation, and that digital assets are not legal tender and carry market risk. Check that card issuance is supported in your country before funding a wallet.

Published on UPay's card page

• Transaction fee: 2%
• FX fees: none advertised
• Card currency: USD

Reported by third parties

• Virtual card issuance fee: around 10 USD
• Physical Premier Card activation fee: around 100 USD

UPay does not publish issuance or activation pricing on its own card page, so treat the figures above as third-party reports and confirm the current cost in the app before applying - the gap between a 10 USD virtual card and a 100 USD physical card materially changes the value of each.

What is not published

ATM withdrawal fees, top-up or recharge costs beyond the 2% transaction fee, inactivity charges and any conversion spread applied when crypto becomes a card payment are not listed. Because the 2% fee is charged per transaction, the effective cost also depends on the rate used to convert your crypto at the moment of spending.

Cost profile

On published figures the recurring cost is 2% per transaction with no FX markup, which is competitive for travel and international spending. The acquisition cost is the variable, especially on the physical card.