How to Build a Crypto Card Program: Lessons from RedotPay, Ether.fi and Top Card Issuers
Key Takeaways A crypto card program connects digital asset wallets to Visa and Mastercard networks, allowing users to spend stablecoins across 150+ million merchants worldwide without the merchant handling digital assets. Programs scale through distinct niches—from RedotPay’s emerging-market focus (surpassing 9 million users) to Ether.fi’s DeFi liquid-staking yield model and Kraken’s exchange liquidity integration. White-label […]
Crypto Card Interchange Fees Explained: What White-Label Programs Actually Earn
Key Takeaways White-label crypto card programs keep only a fractional net share of gross merchant interchange ($0.20 to $0.70 on a $100 swipe) after card schemes, issuing banks, and BIN sponsors take their cuts. Crypto-to-fiat conversion spreads (0.5% to 1.5%) and cross-border FX margins (1% to 3%) generate up to four times more gross profit […]
How Crypto Cards Actually Make Money for Exchanges and Fintechs
Key Takeaways Crypto cards achieve sustainable profitability by layering crypto-to-fiat conversion spreads, cross-border FX markups,stablecoin float yields, and subscription tiers on top of baseline merchant interchange. Gross interchange revenue is distributed across payment networks, sponsor banks,and technical processors before reaching the platform operator. Leading programs such as Coinbase and Crypto.com deploy cards primarily as balance-gathering […]
