What the Zoomex Card is
The Zoomex Card is a multi-currency virtual Mastercard built by the Zoomex exchange with UR, the Swiss financial services brand used by SR Saphirstein AG. Zoomex announced the global launch in March 2026 and was still rolling the card out to users through May, positioning it as the bridge between a trading account and everyday fiat spending.
The mechanics are straightforward. You move USDC from your Zoomex account into a UR account, convert it into one of six currencies - USD, EUR, CHF, JPY, SGD or HKD - and spend it at Mastercard merchants online, on subscriptions, or contactless through Apple Pay, Google Pay and Samsung Pay. Unspent balances can be moved back to Zoomex to keep trading, which makes this a two-way rail between crypto and fiat rather than a one-way top-up card.
Who holds the money
This is the part that separates the card from exchange-issued plastic of the past. Zoomex states that funds are under custody by UR, a trademark registered under SR Saphirstein AG, described as a fintech company licensed under Article 1b of the Swiss Banking Act and supervised by FINMA, and that "Zoomex does not directly hold fiat funds." Independent card databases list Zoomex's legal entity as Zoomex Pte Ltd in the Cayman Islands, so the regulatory strength here sits with the Swiss partner rather than with the exchange.
Fees are published, which is rarer than it should be
Zoomex sets out the schedule itself: 1% to 2% FX fee on cross-currency transactions, 1% to convert crypto to fiat and 0% back, and no annual fee, no dormancy fee, no cancellation fee and no card issuance fee. Cardholders also receive a free UR Pro upgrade with zero off-ramp, SWIFT and SEPA fees and materially higher limits - Zoomex cites a monthly ceiling up to 100,000 CHF under Pro membership, while independent tracking puts standard daily limits at EUR 2,000 to 10,000 and monthly limits at EUR 5,000 to 20,000 depending on UR tier.
The honest read on cost: on a USDC-funded spend in a currency other than the one you converted into, you can pay roughly 1% conversion plus up to 2% FX, so budget around 2.5% all-in on the worst corridor and less when you convert into the currency you are actually spending in.
Country coverage
Applications are supported in 47 markets, covering the United Kingdom, Canada, Australia, New Zealand, Singapore, Malaysia, Hong Kong, Japan, South Korea, Taiwan, the UAE, Switzerland and most of the EU. Ten jurisdictions are restricted, and the notable one is the United States, which is outside the issuance area and sits on UR's restricted KYC list - US residents cannot apply, though a card issued elsewhere still works there. Russia, Macao, Iran and North Korea are also excluded, and India and South Africa are not on the supported list.
What you do not get
No physical card, and no ATM withdrawals. Support covers online shopping, subscriptions, in-store payment through the mobile wallets, and AI services like ChatGPT, Claude and Midjourney. KYC is full: passport or national ID plus proof of address, reviewed in five minutes to 24 hours.
The practical read
For a European, British or Asian user with USDC on Zoomex, this is a well-structured card: published fees, a FINMA-supervised custody partner, six fiat currencies and a free Pro upgrade. The tradeoffs are that it is virtual-only and that the counterparty chain runs through both the exchange and UR. If you are looking for alternatives with different custody models, compare RedotPay or work through the rest of the crypto cards directory.
