Card database / Visa / Stablecoin payment card

Magent Card

Updated: Sep 11, 2026

Magent Card is a stablecoin Visa credit card provided by Avocado Labs Operations Limited and issued by Reap Technologies Limited. After connecting a self-custody wallet, users can transfer supported assets such as USDT and USDC to an on-chain Spending Budget to create a corresponding spending limit, then pay via the Visa network. The product supports virtual card and physical card, and covers online spending, physical POS, Apple Pay, Google Pay, and ATM withdrawal. The official website currently uses a Beta and invitation mechanism to open to new users.

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Card network
Product type: Stablecoin payment card
Card form: Virtual + physical card
Operating status: Invite only
KYC level: Full KYC
Commercial relationship: No commercial relationship
Risk score: 60-69

Supported assets: USDTUSDC
Last updated: Sep 11, 2026

Official and company information

Issuer identity and company credentials

Magent is the issuer or operating entity associated with Magent Card. This record is compiled from public information and maintained data; verify it against official pages and current notices.

Visit website Application page

Company / issuer: Magent
Legal name: Avocado Labs Operations Limited
Registered region: Hong Kong (HK)
Headquarters: Sheung Wan, Hong Kong
Company type: Fintech
Verification status: Verified
Issuer website: Official link
Application page: Application link

Card overview

Magent's core structure does not involve converting all crypto assets into a traditional bank card balance first. Instead, it allows users to configure supported assets from self-custody wallets such as Phantom and Solflare into an on-chain Spending Budget, calculating the Spending Balance based on the Allocated Assets. When a Visa transaction occurs, the system deducts stablecoin assets according to the transaction amount and relevant fees and converts them into settlement fiat currency. The current terms explicitly define the Magent Card as operating by credit card method, with the limit depending on the stablecoin assets configured by the user. The product supports both virtual and physical cards. Online, the Visa card number can be used directly; offline, it supports POS and mobile wallets. The physical card also features PIN and ATM functions. Currently, both individuals and enterprises are included in the product, but the official website still uses "Join our beta" as the primary application entry.

Visa card experienceRegional availabilityTerms may change

Notice: No additional notice is available.

Usage scale & trends

Usage data is not available for this card yet. It will appear here when available.

Card variants and fee differences

Compare verified fee records across card forms and tiers

	MMagent Card
Card form	Virtual + physical card
Fees
Monthly fee	—
Card issuance fee	—
ATM fee	—
Foreign exchange fee	—
Top-up fee	—
Failed transaction fee	—
Rewards
Cashback	—
Crypto cashback	—
Staking rewards	—
Staking APR	—
Welcome bonus	—
Referral bonus	—
Limits
Daily spending limit	—
Monthly spending limit	—
ATM withdrawal limit	—
Card network

Regions and language support

Application status based on public sources, official policy, and user reports. This is not application advice.

Available regions

Applications or normal card activation are supported

NetherlandsNLDominican RepublicDOCosta RicaCRJapanJPPanamaPABoliviaBONorth MacedoniaMKCyprusCYLatviaLVUruguayUYHong KongHKHungaryHUMoroccoMAGreeceGRCanadaCAIndiaINAzerbaijanAZBosnia & HerzegovinaBAGermanyDEPhilippinesPHChinaCNDenmarkDKSaudi ArabiaSAColombiaCOEcuadorECMexicoMXMongoliaMNBahrainBHAlbaniaALFinlandFIUgandaUGKenyaKEChileCLLithuaniaLTUnited Arab EmiratesAEPolandPLIcelandISSingaporeSGParaguayPYSpainESSwitzerlandCHTanzaniaTZLaosLAMalaysiaMYMontenegroMEBelgiumBESloveniaSIKuwaitKWPortugalPTAustriaATQatarQAPeruPERomaniaROThailandTHIndonesiaIDUnited KingdomGBJordanJOBrazilBRFranceFRKazakhstanKZItalyITAustraliaAULuxembourgLUBulgariaBGEgyptEGGeorgiaGEIsraelILSerbiaRSSri LankaLKNigeriaNGOmanOMMacaoMOTaiwanTWGhanaGHArmeniaAMUnited StatesUSUzbekistanUZCambodiaKHKyrgyzstanKGNorwayNOSouth KoreaKRSouth AfricaZAMaltaMTIrelandIEPakistanPKCzechiaCZSeychellesSCVietnamVNSlovakiaSKEstoniaEESwedenSECroatiaHRArgentinaARNew ZealandNZMauritiusMU

Evidence: Officially supported

Unsupported or restricted regions

Applications or features are unavailable or restricted

SyriaSYNorth KoreaKPCubaCUIranIR

Evidence: Officially restricted

Unconfirmed regions

Evidence is insufficient

No records

Evidence: Public sources

Availability in English-Speaking Markets

1. United States：Can apply，Can use，Access is currently subject to the Magent Beta invitation, full KYC and approval by Magent and the card issuer.

2. United Kingdom：Can apply，Can use，Applicants must be at least 18, join the current Beta programme, complete KYC and receive issuer approval before the card is issued.

3. Canada：Can apply，Can use，Applicants must be at least 18, join the current Beta programme, complete KYC and receive issuer approval before the card is issued.

4. Australia：Can apply，Can use，Applicants must be at least 18, join the current Beta programme, complete KYC and receive issuer approval before the card is issued.

5. South Africa：Can apply，Can use，Applicants must be at least 18, join the current Beta programme, complete KYC and receive issuer approval before the card is issued.

6. New Zealand：Can apply，Can use，Applicants must be at least 18, join the current Beta programme, complete KYC and receive issuer approval before the card is issued.

7. Ireland：Can apply，Can use，Applicants must be at least 18, join the current Beta programme, complete KYC and receive issuer approval before the card is issued.

Updated: Sep 11, 2026

KYC requirements

Current identity-verification requirements and restrictions

KYC required

YesRequired

KYC level

Full KYCRequirement confirmed

Proof of address

NoNot required

Accepted documents

Passport / Government-issued ID

Review time / regional limits

Automated verification takes a few minutes; manual or issuer review may extend this to approximately 72 hours

KYC provider

Undisclosed

Updated

Aug 27, 2026

Payment compatibility

Support status and update date by payment scenario · Actual availability may vary by region, merchant, and issuer policy

Compatibility overview12 scenarios

Supported6

Not supported6

UpdatedAug 27, 2026

Wallet payments

Alipay

Not supported

Aug 27, 2026

Wallet payments

Apple Pay

Supported

Aug 27, 2026

Cash services

ATM withdrawal

Supported

Aug 27, 2026

AI tools

ChatGPT

Not supported

Aug 27, 2026

AI tools

Claude

Not supported

Aug 27, 2026

Wallet payments

Google Pay

Supported

Aug 27, 2026

AI tools

Midjourney

Not supported

Aug 27, 2026

In-person payments

Offline POS

Supported

Aug 27, 2026

Online shopping

Supported

Aug 27, 2026

Wallet payments

PayPal

Not supported

Aug 27, 2026

Subscriptions

Subscription payment

Supported

Aug 27, 2026

Wallet payments

WeChat Pay

Not supported

Aug 27, 2026

Review

Read the editorial review, its verdict and latest update.

No review yet

No review has been published for this card. Published reviews appear here.

User reviews

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No approved reviews

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Risk factors

Updated: Aug 27, 2026

No risk factors are available

Frequently asked questions

Answers drawn from the published record on this page.

Does Magent Card require KYC?

Our record lists the Magent Card verification requirement as: Full KYC. Document and review details are in the KYC section of this page.

Does Magent Card support Apple Pay and Google Pay?

Apple Pay: Supported. Google Pay: Supported.

Which assets can I top up Magent Card with?

Our record lists Magent Card support for: USDT and USDC.

Is Magent Card a virtual or a physical card?

Magent Card is offered as: Virtual + physical card.

Where is Magent Card available?

Our record lists 95 countries or regions as available and 4 as restricted. Country-by-country status is in the regions section of this page.

Who issues Magent Card?

Magent Card is operated by Magent on the Visa network.