RedotPay Launches Cryptocurrency Payment Cards in South Korea, Entering Competitive Market

Hong Kong-based fintech firm RedotPay has launched its crypto-enabled payment cards in South Korea, positioning itself as a potential disruptor within a market dominated by traditional credit card companies and mobile payment services. The company’s crypto debit cards, both physical and virtual, are now accepted at all merchants in the country that support Visa. This move marks RedotPay’s latest step in its global expansion efforts following partnerships with Visa and BIN sponsor StraitsX in February 2025 to enhance cross-border crypto payment capabilities.