Karta.io is a crypto payment app that issues a Visa Signature card against a wallet balance. The company on the site is Karta Finance Inc., 221 W 10th St., 4th Floor, Wilmington, DE 19801. The site says Karta is a financial technology company, not a bank, and that balances are not FDIC insured.
This is not the U.S. charge card reviewed as Karta. That product lives on conkarta.com, uses a $300 annual fee, and underwrites limits from U.S. assets. Karta.io prices a virtual card in USDT and takes a percentage of card payments.
How is the Karta.io card structured?
The homepage says the user controls the wallet and that the card is a Visa Signature for online, in-store, and ATM use. Virtual and physical cards are both offered, including Apple Pay and Google Pay where those wallets are available. Signup on the FAQ runs through a Telegram bot, then an in-app verification the FAQ describes as taking up to five minutes.
Card programs and virtual accounts are provided with regulated partners. The business page says cards are issued by a partner in cooperation with Banco Popular de Puerto Rico, Member FDIC, under a license from Visa U.S.A. Inc. The consumer homepage does not repeat that issuer sentence. It does say the firm itself is not a bank and is not FDIC insured.
The site says the app is used monthly by over 20,000 people. That figure is the company’s own statement on the page. A rewards line on the page displays 1 KARAT as 0.01 USDT.
How does funding and spending work?
Stablecoin funding on the FAQ is USDT or USDC on Tron, Ethereum, BNB Smart Chain, Polygon, Arbitrum, Optimism, Base, and Solana. Fiat methods listed are ACH and domestic wire in USD, SWIFT in USD, SEPA in EUR, PIX in BRL, a bank transfer in COP, and SPEI in MXN. Which of those rails appear depends on the country and the account.
Crypto top-up is marked free on the fee table. Sending to an external crypto wallet costs the network fee only. The FAQ says bank withdrawals are not available yet.
A card payment draws the wallet balance and adds the card fee in the table below. ATM cash is a separate line. The homepage says Visa acceptance is the geographic reach, in 200+ countries and territories, subject to local rules and partner coverage.
What fees and card prices does the site list?
The homepage fee table, read in October 2026, is:
| Item | Price |
|---|---|
| Signup | Free |
| Visa virtual card | 5.00 USDT |
| Visa physical card | From 100.00 USDT |
| Virtual accounts | Free |
| Crypto top-up | Free |
| Card payments | 1.5% |
| ATM withdrawal | 1.5% plus 1 USDT |
| Send to a crypto wallet | Network fee only |
| SEPA in EUR | 1.5% plus €2 |
| SWIFT in USD | 1.4% plus $2 |
The FAQ text still shows an older virtual-card price of 30 USDT next to the 5 USDT figure. The table itself says 5.00 USDT. A $100 card purchase at 1.5% costs $1.50 before any FX the network applies, and the site does not publish a separate FX percentage on this table.
An ATM withdrawal of 100 USDT would cost 1.5 USDT plus 1 USDT under the published formula, before an operator surcharge. SEPA and SWIFT are priced on the sending table even though the FAQ says bank withdrawal is still forthcoming. The order of those two facts is unresolved on the page: the fee lines exist, and the FAQ says the bank-send feature is not live.
Who can open an account, and what limits apply?
The homepage says products may not be available to every customer. Verification is required before the virtual card can be activated by a top-up. The FAQ does not publish a daily spend cap or an ATM cap.
Geographic reach is stated as Visa acceptance in 200+ countries and territories, limited by regulation and by the partner. A resident of a country the partner will not serve does not get the card even if Visa is present there. The business product adds company verification on top of personal KYC, which is a different onboarding path from the consumer Telegram flow.
What tradeoffs come with this fee schedule?
The 1.5% card-payment fee applies to spending, including stablecoin-funded spending, on the published table. There is no annual fee on that table, and the virtual card is a one-time 5 USDT charge. A physical card starts at 100 USDT.
Self-custody language on the homepage means the company points at the user’s wallet control. The card partner still has to authorize, decline, and dispute Visa charges. A lost Telegram or app login and a lost wallet key are different recovery problems, and the homepage does not describe a bank-style password reset for the wallet.
The shared name with Conkarta is a practical limit. A $300 annual fee, a $100,000 U.S. asset test, and Visa Infinite benefits belong to the charge card, not to this table. Karta.io’s costs are the USDT issuance fees and the 1.5% spend line.
Balances are not FDIC insured, which the homepage states directly. Partner banks in the issuance chain can be FDIC members without that insurance attaching to the crypto balance.
Common questions
Is Karta.io the Conkarta charge card?
No. Conkarta is the U.S. Visa Infinite charge card on conkarta.com. Karta.io is the Visa Signature crypto card priced in the table above.
What does a card payment cost?
The homepage lists 1.5% on card payments. ATM withdrawals add 1.5% plus 1 USDT.
How is the account funded?
The FAQ lists USDT or USDC on eight networks, plus several fiat rails that vary by country. Crypto top-up is marked free. Bank withdrawal is described as not yet available.
