Reap Card Issuing & Stablecoin Payments API

Reap is a Hong Kong fintech founded in 2018 that builds card issuing and payments infrastructure for stablecoin-enabled businesses. As a Visa Principal Member with licensed entities in Hong Kong and Mexico, it issues cards directly rather than through a sponsor bank, so platforms can launch card programs without building network, compliance and processing operations themselves.

Through one API, partners launch branded Visa card programs, fund and repay cards in stablecoins, and use a Business Account API, fiat payouts and collections to more than 200 countries in over 20 currencies. Additional modules cover agentic payments for AI agents within policy limits, rewards, KYC and KYB, and fraud protection. Reap handles authorization, processing and compliance and settles with Visa in stablecoins in Asia Pacific. Customers are wallets, crypto platforms, fintechs and businesses running corporate spend programs.

• Card issuing: Launches branded Visa card programs issued directly by Reap.
• Stablecoin funding: Lets partners fund and repay cards in stablecoins.
• Business Account API: Provides accounts for stablecoin-enabled businesses.
• Payments: Sends fiat payouts and collections across more than 200 countries.
• Agentic payments: Allows AI agents to spend on cards within policy limits.
• Compliance and fraud tools: Bundles KYC, KYB and fraud protection.

A Vietnamese fintech or wallet can launch a co-branded Visa card for users traveling or shopping abroad. An export company can issue virtual cards to staff for overseas vendor and advertising spend. A software firm can pay overseas contractors through the payouts API.

Platforms launch Visa card programs without a sponsor bank, with Reap running processing and compliance. Reap has issued more than 2 million cards and reports a dispute win rate close to 100%. Cards can be funded and repaid in stablecoins and spent at over 175 million Visa merchant locations. One API also covers payouts to more than 200 countries.

Stablecoin-linked cards are among the fastest-growing uses of stablecoins, and card networks now settle in stablecoins. Asian wallets, exchanges and fintechs want to give users spendable cards and businesses want cross-border corporate spend without opening bank relationships in each market.

Founded in 2018 and headquartered in Hong Kong with about 300 employees. Visa Principal Member with licensed entities in Hong Kong and Mexico; PCI DSS compliant card systems. Its website lists 2026 news of the company's acquisition by Payward.