Fees
Encrypto keeps fees simple and transparent. On-chain settlement infrastructure gives us structural cost advantages over traditional banking, and we pass those savings to users.
Card Transactionsโ
| Fee Type | Amount | Notes |
|---|---|---|
| Domestic purchase | Free | No fee on USD purchases |
| International purchase | Free | Visa FX rate applies, no Encrypto markup |
| Monthly maintenance | Free | No account fees |
| Card issuance (virtual) | Free | Instant activation |
| Card issuance (physical) | $5.00 | One-time, ships to supported regions |
| ATM withdrawal | Coming soon | -- |
Crypto Conversionsโ
When using the Spend Any Crypto feature, the only costs are:
| Fee Type | Amount | Notes |
|---|---|---|
| Encrypto conversion fee | 0.5% | Applied to non-USDC asset conversions at POS |
| Network gas | Included | We cover L2 gas costs |
| DEX swap fee | Market rate | Typically 0.01-0.3% depending on the pair |
Spending USDC directly incurs no conversion fee โ it's a 1:1 debit.
P2P Transfersโ
| Fee Type | Amount |
|---|---|
| Send USDC (on-chain) | Free |
| Receive USDC | Free |
| Cross-chain transfer | Network gas only |
Bank Transfersโ
| Fee Type | Amount | Notes |
|---|---|---|
| ACH on-ramp (bank โ wallet) | Free | 1-3 business days |
| ACH off-ramp (wallet โ bank) | Free | 1-3 business days |
| ACH Same-Day | $1.00 | Same-day settlement (where available) |
| PIX transfer | Free | Instant (Brazil) |
| SPEI transfer | Free | Minutes (Mexico) |
Why the Economics Workโ
Encrypto's cost structure is fundamentally different from traditional banking because we settle on stablecoin rails instead of legacy correspondent banking networks.
On-chain settlement costs fractions of a cent on L2 chains. Our stablecoin orchestration layer eliminates the overhead that makes cross-border transfers expensive โ no nostro/vostro accounts, no SWIFT fees, no multi-day clearing processes. Cross-border transfers that cost $25-50 through traditional banks cost pennies through stablecoin rails.
This doesn't mean there are no costs โ there are partners, infrastructure, and compliance obligations that cost money. But the structural overhead is lower, which means:
- Users may earn yield on their balance (coming soon)
- Transfer fees are lower because stablecoin rails are cheaper than SWIFT/ACH for most corridors
- Card fees are competitive because on-chain settlement reduces issuer costs
- No FX markup on card transactions โ no cross-border fees when users transact locally
We're transparent about where we make money (conversion fees, interchange sharing with card partner) and where we don't (account maintenance, basic transfers, card issuance).