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RedotPay enters South Korea with crypto-powered payment cards

cryptoweekly by cryptoweekly
May 10, 2025
in bitcoin, News
0

RedotPay’s crypto cards are now live in South Korea, challenging the country’s traditional payment networks with real-time stablecoin transactions.

Hong Kong-based fintech firm RedotPay has reportedly launched its cryptocurrency-enabled payment cards in South Korea, positioning itself as a potential disruptor in a market dominated by traditional credit card firms and mobile payment services.

The company’s crypto debit cards—both physical and virtual—are now accepted at all Korean merchants that support Visa, according to a May 9 report by The Korea Economic Daily.

The move marks RedotPay’s latest step in global expansion, following its earlier partnership with Visa and BIN sponsor StraitsX in February 2025 to enhance cross-border crypto payment capabilities.

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  • Crypto isn’t ‘run from garages’ anymore: MEXC’s Tracy Jin on IPO boom
  • This UAE investment app combines crypto, stocks and commodities: Is it the future of finance?
  • 30 Bitcoin price top indicators hint at $230K bull market peak
  • Trump’s SEC scraps Gensler-era crypto regulation by enforcement proposals
  • Russian authorities bust truck-based crypto mine draining village power
  • CBDT probes crypto tax evasion in India
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