Corporate Cards

Corporate Cards is a corporate card issuing product provided by StablePay for merchants. Merchants can complete registration via the StablePay Portal, submit business verification documentation, and after approval, create USD Budgets, top up from their StablePay Global Account, issue virtual cards, and view authorization, transaction, fee, and funding records. The Phase One product focuses on corporate spending and operational scenarios, helping merchants manage stablecoin funds and virtual card expenditures within a single StablePay account system.

Applicable Scenarios

When you need to create manageable virtual USD cards for teams, advertising accounts, or vendor expenditures, Corporate Cards is the appropriate solution. Common scenarios include:

Creating dedicated virtual cards for advertising spend and isolating budgets
Setting up independent spending pools for different teams, projects, or business lines
Creating corporate cards for software subscriptions, operational tools, and vendor payments
Centralized viewing of authorizations, purchases, refunds, and fee records in the Portal
Topping up card budgets directly from your StablePay Global Account

If you need to receive payments from external parties, please use Stablecoin Checkout, Invoicing, or Payment Links.

How to Activate

The path for merchants to activate Corporate Cards is as follows:

Complete merchant registration via the StablePay Portal and log in to the Merchant Portal.
Complete StablePay KYB in the Portal and submit the required documentation for U Card activation.
The StablePay merchant team will review the business information, verification status, and card program eligibility.
Upon approval, the Issuing status in the Portal will update to Active, and the merchant can begin creating Budgets and virtual cards.

Operation Demo Videos

Create Cardholder

How It Works

Merchants register via the Portal and complete KYB and U Card activation review.
Merchants create a USD Budget in the Portal as a funding pool for card expenditures.
Merchants top up the Budget from their StablePay Global Account.
Merchants select an appropriate card program and create a virtual card.
The card is used for corporate expenditures, and merchants can view authorization, transaction, refund, reversal, and fee records in the Portal.

Create Budget

Merchant Capabilities

Capability	Description
Issuing Activation Status	View whether card issuing capability is currently activated in the Portal.
USD Budget	Create and manage USD budget pools for card spending.
Budget Top-up	Top up Budget from StablePay Global Account.
Virtual Card Creation	Issue virtual cards under a Budget for corporate expenditures.
Card Program Selection	Support for selecting card programs for different use cases, displaying the actual 6-digit BIN.
Authorization Records	View card authorization status and pending settlement records.
Transaction Records	View transaction results including completed, failed, refunded, and reversed transactions.
Funding Records	View records of top-ups, fees, waivers, and budget adjustments.
Card Creation Fee Waiver	Phase One card creation fee is `0 USD`; the Portal displays the waiver result.

Card Programs

The Phase One product currently offers two virtual card programs:

Card Program	Suitable Scenarios	Description
`PC BIN`	General corporate expenses	Recommended as the default program.
`LS BIN`	Media Buy	Only applicable for advertising placement and other Media Buy scenarios.

When creating cards, merchants will see the actual 6-digit Card BIN, network, issuing country, currency, and card type information, making it easier to select the appropriate card program for different business scenarios.

Budget and Top-up

Budget is a shared USD funding pool for card spending. Cards do not hold individual balances; multiple cards can share the same Budget. Phase One top-up rules include:

Funding source is StablePay Global Account
Supports topping up Budget from stablecoin accounts
Stablecoin deposit fee is 0.3%
Minimum top-up amount is 100 USDT / 100 USDC / 100 USD

This design is suitable for quickly converting stablecoin account balances into team-usable card budgets.

Budget Top-up Demo

Create Card and View Card Information

Transaction and Funding Records

Corporate Cards divides card expenditures into two easily understandable record types in the Portal:

Authorizations: Authorization-stage records, helping merchants view pending or reversed card authorizations
Transactions: Final transaction results, including successful, failed, refunded, and reversed statuses

Funding Records centrally display all records affecting Budget or merchant funds, such as:

Global Account top-ups to Budget
Stablecoin deposit fees
Transaction-related fees
Card creation fee waivers
Other budget adjustments and fee deductions

Important Notes

Corporate Cards requires merchants to first complete registration via the StablePay Portal, submit KYB, and pass review by the StablePay merchant team before use.
Phase One only supports Budget Card and virtual cards; physical cards are not supported, nor are prepaid cards.
Phase One does not currently offer merchant APIs; usage is primarily via the StablePay Portal.
LS BIN is only applicable for Media Buy scenarios.
The number of cards merchants can create, card program permissions, and risk control policies may vary based on account configuration.
The Portal displays unified product information and fee records from StablePay to merchants, and does not display the underlying card issuer service provider name.

Pay In

Pay Out

Refunds

Reference

Corporate Cards

Applicable Scenarios

How to Activate