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