For many, especially those living in developing regions, traditional banking services might not be easily accessible or even be out of reach. With 1.4 billion adults worldwide still unbanked (World Bank, 2021), accessible financial tools can make all the difference. RedotPay’s Multi Currency Wallet is here to do just that. Empowering the unbanked, freelancers, small businesses and anyone seeking a flexible way to manage their finances, no matter where they are in the world.
Read on to learn how the Multi Currency Wallet makes crypto payments convenient, simple, and instant.
The RedotPay Multi Currency Wallet is a digital solution that lets you hold and receive both crypto and local currency in one convenient place. Making managing your finances a breeze from the palm of your hands. Whether you’re handling global payouts or everyday purchases, it’s designed to empower and streamline your financial life. Currently, users can deposit BTC, ETH, SOL, S, TRX, TON, USDC, USDT, EUR, and GBP, with more currencies coming soon!
Imagine someone unbanked in Mexico using their RedotPay Crypto Card to withdraw local currency from an ATM with ease. A gig worker in Thailand holds USDT, spends credit for online services, and keeps their crypto for future gains. Or someone from Brazil sends funds to their family back home from Europe. These are just a few ways the Multi Currency Wallet can power real-world finances.
Forget complex processes or slow transactions—users can deposit their local currency such as EUR or GBP and hold them alongside crypto like USDC or USDT, and convert between them instantly and securely. Setting up the wallet takes just minutes with a seamless ID verification, perfect for anyone who values speed and ease. This efficient process accelerates access to digital assets and enables users to send them to supported destinations worldwide, making multi-market payouts fast and straightforward.
With RedotPay’s Multi Currency Wallet, users can deposit local currencies, convert them to stablecoins, and hold both crypto and cash side-by-side. The magic happens with RedotPay’s Credit feature, which lets users spend credit at over 130 million merchants worldwide using the RedotPay Crypto Card. This allows users to keep their crypto for potential growth while using credit for daily purchases like groceries, online shopping, or a quick coffee run. It’s as simple as swiping a regular credit card, or tap & go, empowering users to hold digital assets and spend flexibly without cashing out, seamlessly blending crypto and local currency.
Sending multi-market payouts is a breeze with this wallet. For example, you can deposit EUR or GBP, convert it to local currency like Brazilian Real (BRL), and send it to your bank account in minutes—perfect for supporting family or paying international clients. The wallet’s speed and global reach make it a go-to for anyone needing quick, affordable multi-market payouts without the wait times sometimes seen with other methods.
The RedotPay Multi Currency Wallet gives you the freedom to hold crypto and local currency, unlock liquidity, and spend credit—simply and inclusively. Whether you’re new to crypto or want smarter financial tools, this wallet has you covered.
Download the RedotPay app and set up your Multi Currency Wallet today.
*RedotPay is a fintech service provider and not a bank. Our Multi Currency Wallet is provided by appropriately licensed financial institutions and RedotPay only facilitates your use of such Multi Currency Wallet.
Disclaimer: This publication is for informational purposes only and is not intended to constitute legal, financial, investment, or any other form of professional advice. RedotPay assumes no responsibility or liability for any errors or omissions in this publication. The information contained in this publication is provided on an “as is” basis, and RedotPay makes no representation or warranty, whether expressed or implied, in relation to it and its use. The information is provided with no guarantees of completeness, accuracy, usefulness, or timeliness. Readers should seek professional advice before taking any action in relation to the matters dealt with in this publication. The English version shall prevail in the event of any discrepancy or inconsistency between the various language versions hereof.
