C.Pay (Cryptopay)
Card discontinued - one of the oldest BTC card products, ended by the 2023 EEA issuer squeeze. Archive entry only.
The bitcoin flow
Source note: Was: BTC-funded prepaid Visa card (one of the oldest, since 2013+)
Verdict
Card discontinued - one of the oldest BTC card products, ended by the 2023 EEA issuer squeeze. Archive entry only.
Pros
- Was: one of the oldest BTC prepaid cards (2013 era)
Cons
- EEA card issuance ended 2023 (PayrNet EMI license revoked), never resumed
- All retail B2C services discontinued effective 2026-01-01 - archive/dead entry
- BTC-focused funding was limiting
Facts
| Card type | Prepaid · Visa · Virtual |
|---|---|
| KYC | Full KYC |
| KYC trigger | - |
| Custody | Custodial |
| BTC load | Direct BTC top-up (on-chain) |
| BTC sale timing | Not documented |
| Lightning | no |
| Issuance | - |
| Monthly fee | not documented |
| Top-up fee | not documented |
| FX fee | not documented |
| ATM fee | - |
| Cashback | not documented |
| Regions | unknown |
| Apple Pay | no / unknown |
| Operator | Cryptopay |
Score breakdown
FAQ
Is KYC required for the C.Pay (Cryptopay)?
How does bitcoin get onto the card?
When is my bitcoin sold?
What fees does the C.Pay (Cryptopay) charge?
Which regions does it serve?
Sources
Every claim traces to a source we fetched and dated. Community sources are individual threads, not paid reviews.
- Email from Cryptopay. CDC cards in EU are issued by UAB Payrnet as well. At least us EU folk have pretty paperweights no
User posts the screenshot of Cryptopay's email about the PayrNet EMI license revocation. Top comment: 'Payrnet went bankrupt months ago... basically in administration. They still had the EMI license in LT, passported throughout Europe, hence the card.' Documents that the card died from issuer collapse, not from a Cryptopay decision.
- FINALLY! UK and European residents get another crypto card option.
Thread (score 135) on the late-2022 relaunch of the Cryptopay card for UK/EEA. Comment: 'in this industry since 2013... they offered the prepaid cards at first. They survived all the bear markets... Of course they don't offer any special benefits or cashback programs, but that's the key - it's simplicity.' Dates the short second life of the card (2022-11 to 2023-06).
- Tutorial: How to buy games from Turkey PSN.
Cryptopay's virtual Visa was the standard tool for the Turkey-PSN regional-price trick 2022-2023 (pattern across r/playstation, r/PS5 itisc5l, r/PlayStationPlus wc559e, r/HotUKGamingDeals deal posts 'Crypto Pay Card required'). Documented limitation: no recurring payments - PS Plus subscriptions failed, only one-off game purchases worked (comments j41eowx, iqachu8).
- Turkish Virtual Card (comment: cryptopay 'no more available in EU')
Comment kqgdo6f: 'I uesd cryptopay nut no more available in EU' - user-level confirmation that by February 2024 the card was gone in the EU, i.e. the June 2023 'pause' had quietly become permanent long before any official card-programme closure notice.
- Cryptopay EU card provider loses license, company says card funds are safe
Bank of Lithuania revoked the EMI license of UAB PayrNet, Cryptopay's EU debit card provider. Per Cryptopay's 2023-06-22 customer email, EU cardholders were told to immediately spend or transfer funds off their cards; app accounts unaffected; UK card services 'switched off' temporarily. Head of support Konstantin Gorin cited the 2018 WaveCrest and 2020 Wirecard crises and said a new card programme was being worked on - it never resumed for EEA retail.
- GR8 Tech Enhances Crypto Capabilities with Cryptopay Partnership
PR news confirming Cryptopay's post-retail B2B existence: GR8 Tech integrates Cryptopay's crypto payment infrastructure into its iGaming platform (Hyper Turnkey / Crypto Turnkey). Quotes Arthur Ribakovs, Head of Partnerships at Cryptopay. Evidence the brand operates as a B2B payment rail after the 2026-01-01 retail wind-down.
- Cryptopay Business homepage (post-pivot B2B payment gateway)
Homepage is now purely B2B: crypto payment gateway, mass payouts, white-label gateway 'soon', OTC 'soon', corporate crypto cards listed as a business product. Footer: services by RICHIELD FINANCIAL SERVICES INC, Canada (incorp. BC1507884, Port Coquitlam BC), registered MSB; explicitly does NOT market to EEA or US residents. Claims 12+ years on market, 0 hacks, 8M+ yearly transactions, $3B+ annual volume.
- Important information for Cryptopay retail customers - retail services end 1 January 2026
Official discontinuation notice: Cryptopay retail (B2C) services end with final effective date 1 January 2026 - retail onboarding, account operations and payment services no longer available. Names the wound-down retail entities: CPS Solutions OÜ (Tallinn, reg. 16063623) and UAB CPS Payments (Vilnius, reg. 305736863). Page last updated 6 January 2026; withdrawal details pointed to the FAQ.
- How to withdraw funds from your Cryptopay account after 1 January 2026
Official help article: customers with remaining funds after 1 January 2026 must email support@cryptopay.me and request a MANUAL withdrawal; procedure may take several days, may require additional verification, processed first-come-first-served. Confirms there is no self-service retail interface left.