Klarpay AG introduces USD-denominated Visa debit cards

By Delisha Fernandes

Klarpay AG, a Swiss-based FinTech, has introduced USD-denominated Visa debit cards linked to corporate USD accounts.

This offering aims to improve how Klarpay clients transact with popular services, often charged in USD, such as Google, Facebook, and Amazon Web Services, by eliminating FX costs.

In response to the strong demand for USD-denominated cards, Klarpay has recognised the growing need among advertising affiliates and media buyers who extensively utilise Google Ads or Facebook for their advertising campaigns.

Martynas Bieliauskas, CEO of Klarpay, said, “Klarpay remains committed to offering innovative solutions that streamline financial processes for its global clientele. The introduction of USD-denominated Visa debit cards marks another milestone in our mission to empower businesses and individuals with best-in-class solutions for managing and scaling their online businesses.”

This increasing trend can be attributed to various factors, including ad campaign prevalence in USD. By helping Klarpay clients with USD-denominated Visa debit cards, the company aims to meet their specific requirements and enhance their overall financial experience.

Klarpay is a FinTech company offering online businesses access to multi-currency IBAN accounts, global payment acceptance, and digital disbursement solutions.

Introducing USD-denominated Visa debit cards presents a significant advantage for Klarpay clients. Previously, clients incurred FX costs when using their local currency for transactions with popular US-based companies, leading to additional expenses. However, with this new feature, Klarpay clients can seamlessly spend USD with these renowned companies without the hassle of currency conversion fees, optimising their financial operations and boosting their transactions.