Introduction
DeFiCard is building a card payment infrastructure that lets users spend cryptocurrency in everyday purchases without converting to fiat and without relying on traditional card networks. We are not an overlay on Visa/Mastercard — we are building an independent card processing system on blockchain.
The Problem
Today's crypto cards work the same way: you link a card to an exchange or custodial service, which converts your assets to fiat and processes the payment through Visa/Mastercard. This creates three limitations: you lose control over your assets, you pay conversion fees, and you depend on decisions of traditional payment systems. We offer a different path — a **self-custody card that works directly with your wallet**.
How It Works
A user connects a non-custodial wallet via WalletConnect or TronLink, grants spending permission through Permit2 (assets remain in the wallet until settlement), and pays like with a regular card. At the moment of payment, the card host initiates an on-chain transaction: if the token is not USDT/USDC, a DEX aggregator automatically finds the best exchange route. The merchant receives stablecoins in T+0 settlement. The entire settlement model is built on blockchain.
Current Status
- Online payments (CNP) are already live — the card host processes authorization, 3DS authentication, and clearing for internet transactions.
- EMV chip card is in development — a Java Card applet based on EMV for interaction with POS terminals and ATMs.
- Own L1 blockchain based on evmone with full EVM compatibility — any smart contract and development tool works without changes.
- HSM integration — private keys never leave the hardware security module.
- ERC-4337 + Paymaster — gas is paid by the cardholder in USDT, the platform does not subsidize network fees.
- Single node at launch with scaling as the network grows.
What We Need to Launch
To reach industrial scale and connect merchants, we need to complete **PCI DSS certification** and **3DS Server certification with EMVCo**. That is exactly what we are raising investment for. Funds will go toward:
- PCI DSS audit;
- 3DS Server certification;
- Completing development and issuance of the EMV chip card;
- Launching a pilot and connecting the first merchants.
Economics for Partners
We are not competing with Visa on coverage — we offer an alternative for those who value independence from traditional card networks. For acquirers, total costs are 0.3% (IRF 0.2% + system service fee 0.1%) — lower than any public offer on the crypto acquiring market. For issuers, conversion income reaches up to 2.35% on non-stablecoin cards. The economics do not depend on gas volatility because gas is passed on to the user.
Investment Offer
We are seeking $444,000 to complete certifications, issue the EMV card, and scale operations. The 12-month plan targets 195,000 active cards and annual turnover of $491 million, generating about $980k in annual payment system revenue.
Why This May Be Interesting
The crypto card market is growing: according to a16z, monthly transaction volume grew from less than $1 million in 2023 to $759 million in July 2026. More than 90% of the market runs on Visa. We offer investors and partners entry into a niche where there is no dominant player yet, with proven online payment technology and a working card host.
https://deficard.online/
