How can I make a repayment and what currencies can I use to settle my Reap Card bill?

Edited

To repay your Reap Card's monthly balance, you have two options: send fiat to a dedicated Reap bank account, or repay through your Reap Card deposit.

Option 1: Repay with Fiat Currency

If you opt to send fiat to settle your monthly Reap Card bill, you can repay us through bank auto-pay or by sending a SWIFT transfer.

⚠️⚠️ To avoid delays, please ensure that the bank account holder is the same as your registered entity in Reap. Reap reserves the right to reject repayments made from unapproved sources. Please note that we strictly do not support third-party repayment.

Read the following articles to know more:

Option 2: Repay with Cryptocurrency (stablecoins)

If you choose to settle your monthly Reap Card bills with stablecoins, you can repay through withdrawing funds from your crypto deposit wallet.

⚠️⚠️ Please note that withdrawing your deposit to make a repayment will decrease your company's spending power (credit limit) and may impact your existing cards, as some may have a capped credit limit. We recommend adding funds to your deposit wallet by sending funds to the dedicated address before initiating a repayment with a deposit transaction.

⚠️⚠️ A 1.2% transaction fee is applied when a client sends cryptocurrency to Reap.

Read more