MasterCard Debit
Introduction
The Fiat24 Card is a MasterCard Debit card that you can top up through the Fiat24 dApp. The card is issued to you in multiple currencies (EUR, USD, CHF and RMB) and your card balances will be shown in that currency.
Fiat24 Debit Card is used to pay for goods and services and with 20+ millions merchants who accept MasterCard credit or debit cards.
The Fiat24 Debit Card is a virtual card only without PIN.
We support Google Pay, Samsung Pay and most other digital wallet.
We will support Apple Pay from 20th February 2025
Eligibility
All Fiat24 verified user are eligible for the Debit Card, without any extra application process.
Activating Card
In the Fiat24 dApp, you will find the card icon from side bar.
Spending Rules
Each Fiat24 user can freely set the debit card spending rules.
Direct Pays option Every Fiat24 account has 4 currencies: EUR, CHF, USD and RMB, and you can enable the Direct Pay option for all or some of them. If your card transactions are in these currencies, the corresponding balance will be charged first, avoiding unnecessary foreign exchange fees.
Default Card Currency You are free to select a different primary card currency to settle payments for which your payment currency balance is insufficient to cover the full transaction (no splitting across currencies). The amount will be converted into your card currency and debited from your account.
Spending Limits
Our cards come in three tiers: Standard, Premium, and Ultimate, catering to different customer needs. The most common choice is the Standard card.
The card tier will be upgraded when the user upgrade their NFT to a higher level.
Restricted Transactions
Your payment will be rejected, when the card is used in:
Any merchants within OFAC sanctioned countries or entities
Money Transfer business
Quasi Cash / Customer Financial Institution
Security Broker/Dealer
Gambling, Lottery or Casino
Charity Organisation
Civic, Social, and Fraternal Association
Political Organisation
Religious Organisation
One-time Password (OTP) per Email
During the online purchase, the cardholder may be asked to provide a one-time password (OTP) sent to their email, which is registered with their Fiat24 account.
This process is called 3-D Secure (3DS) , which is designed to be an additional security layer for online transactions. The Payments Services Directive (PSD2) regulations stipulate that merchants must be compliant with the Strong Customer Authentication (SCA) procedures from 1st January 2021.
Card Renew
All MasterCard card is valid for 5 years. Your card will automatically be renewed under the same terms. However, if your card has not been used in the 6 months before its' expiration, your card will not be renewed.
Protect your card
When your card is blocked
Your card can sometimes get blocked if the system detects some unusual or suspicious activity or if there is another issue that requires your attention. Please check your dApp to see if you card has been blocked, and you can unblock the card.
When your card is stolen
All Fiat24 Cards are virtual cards, so the card itself cannot be stolen. However, if your private key, which holds your Fiat24 NFT, is stolen, your card is very possibly at risk of being misused. You should then transfer your money and Fiat24 NFT into a different secured blockchain address as soon as possible.
What you suspect your card has been compromised
If you suspect your Fiat24 Card has been compromised in any way, please disable (or lock) your card through the Fiat24 dApp immediately.
Each block or un-block action will lock the action for 24 hours, you could change the status in the next day.
Card Terms and Conditions are available here.
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