SafePal$SFP is the leading Web3 wallet incubated by Binance, and in 2024, it will launch a MasterCard service in collaboration with the Swiss licensed bank Fiat24. The most remarkable breakthrough is the realization of direct binding with WeChat Pay and Alipay, allowing fiat consumption derived from cryptocurrencies to be seamlessly integrated into everyday payment scenarios, completely breaking the limitation that the U card can only be used on overseas platforms. This physical card, endorsed by a compliant bank, not only supports settlement in four fiat currencies including offshore RMB and USD but also covers consumption across all online and offline scenarios. Below, we'll guide you step by step on how to bind and use it, unlocking a new way for daily consumption.
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1. Steps to bind SafePal MasterCard with mainstream payment tools
(1) Binding WeChat Pay
1. Obtain card number: Open the SafePal App, go to the 'Bank → Bank Card' section, and long press to copy your SafePal MasterCard number;
2. Enter the WeChat binding card page: Open the WeChat App, click 'Me → Services → Wallet → Bank Card → Add Bank Card' in order;
3. Complete binding: After pasting the card number, select the card type as MASTERCARD, follow the prompts to complete identity verification, and once the page shows 'Binding Successful', you can directly deduct payments using WeChat Pay.
(2) Binding Alipay
The operating logic is consistent with WeChat Pay. In the Alipay App, go to 'My → Bank Card → Add Bank Card', paste the SafePal MasterCard number and complete verification to connect the card to the Alipay payment system, supporting QR code payments, online shopping, and all other Alipay consumption scenarios.
2. The core scenarios of daily consumption with SafePal MasterCard
1. Offline physical consumption
After binding WeChat/Alipay, you can directly present the payment code to complete purchases at offline stores that support WeChat/Alipay payments, such as supermarkets, restaurants, and convenience stores. The card will automatically settle in RMB, without the need for additional currency exchange operations, providing an experience identical to that of regular bank card consumption.
2. Online platform consumption
Whether on domestic e-commerce platforms (like Taobao, JD.com), or food delivery and ride-hailing apps, select the bound SafePal MasterCard corresponding to the WeChat/Alipay channel during payment to complete the deduction; at the same time, the card natively supports the MasterCard network and can be used directly on overseas e-commerce platforms (like Amazon, eBay), Apple Store, Google Play, etc., without switching payment methods.
3. Activation of overseas digital services
With the MasterCard feature of the card, you can easily activate overseas subscription services such as Twitter Blue V, ChatGPT membership, Netflix/Spotify, etc., solving the pain point for domestic users who cannot use regular bank cards to pay for overseas digital services. Payment automatically completes currency conversion, and the exchange fee for RMB/USD/Euro is 0, making it far cheaper than other cross-border payment methods.
3. The core advantages of SafePal MasterCard consumption
1. Compliance is maximized: Relying on the Swiss Financial Market Supervisory Authority (FINMA) regulated Fiat24 bank, it is a true combination of a bank account and a physical card, not an ordinary virtual card, with official endorsement for fund security and transaction compliance;
2. Extremely low cost: No account opening fee, no annual fee, long-term no commission for fiat and cryptocurrency deposits and withdrawals, and the exchange fee for spending RMB/USD/Euro/CHF is 0, while the exchange fee for other currencies is only 1%;
3. Sufficient limit: Up to 100,000 USD can be spent each month, meeting the needs for large daily consumption and cross-border payments;
4. Benefits stacking: Consumption can accumulate points to upgrade account levels, unlock lower fees, and inviting friends to open accounts can enjoy permanent commissions, while also obtaining additional income during consumption.
