Domestic users are familiar with WildCard, which has recently suspended several core functions due to policy reasons, prompting many users to seek reliable alternatives. Today, let's talk about BinPay, operated by a licensed financial institution in Hong Kong, and see if it can become an ideal substitute for WildCard.
The Current Situation of WildCard: From Suspension to "Almost No Solution"#
WildCard was a popular choice for domestic users to recharge overseas services (such as ChatGPT Plus, OpenAI, Netflix, etc.), favored for its simple operation with payment methods like Alipay. Since July 2025, WildCard's operations have faced severe setbacks:
-
July 12: WildCard fully suspended its business due to regulatory requirements, and the official website was temporarily inaccessible.
-
July 14: The website was restored, allowing users to check card numbers and CVV, but the recharge and withdrawal functions were closed, limited to balance consumption.
-
July 20: Official notice announced the suspension of new user registrations, recharge, and withdrawal functions, promising that the balance could continue to be used for subscription services and addressing the "balance zeroing" issue.
-
July 22: Old users were unable to log into the backend, and all functions for subscription consumption, recharge, withdrawal, and refunds were suspended, with a clear statement that refunds would not be provided.
-
This series of events has left WildCard users in a difficult position. Although the official service has not "run away," it has almost completely stalled, with balances unusable and little hope for a return to normal operations. For users relying on WildCard for overseas service subscriptions, finding a safe, stable, and functionally similar alternative is urgent.
BinPay: A More Stable Choice?#
BinPay, launched by a licensed financial institution registered and regulated in Hong Kong, holds both US MSB and Hong Kong MSO licenses, ensuring compliance. It offers virtual and physical cards from Visa and MasterCard, supporting e-commerce platforms (such as Amazon, eBay) and subscription services (ChatGPT Plus, Netflix, Spotify, etc.) that accept Visa/MasterCard globally, and can be linked to Apple Pay, Google Pay, and even Alipay, meeting the needs for cross-border consumption, international travel, and global shopping.
How to Use BinPay?#
The process of using BinPay is straightforward but requires recharging through cryptocurrency USDT/USDC, which differs from WildCard's Alipay recharge method. The specific steps are as follows:
-
Purchase USDT: Buy USDT through exchanges like OKX, Binance, Huobi, or Gate. It is recommended to directly visit the USDT purchase portal, follow the page instructions to register and log in, and select the purchase amount.
-
Recharge to BinPay: Use the withdrawal function of the exchange to transfer USDT into the BinPay account balance.
-
Exchange and Spend: In the BinPay APP, exchange USDT for USD, and after recharging to the virtual or physical card, you can start spending.
Although there is an additional step to purchase USDT, this method avoids potential regulatory risks associated with domestic payment channels, providing higher security and stability.
BinPay's Card Types and Fees#
BinPay offers two types of virtual cards and one physical card, with a clear and transparent fee structure:
-
Premium Card: Opening fee of $25, recharge fee of 1.3%, withdrawal fee of 0.5%, no monthly/yearly fees/transaction fees/cross-border fees.
-
Diamond Card: Opening fee of $50, recharge fee of 0.7%, no withdrawal fee, also no monthly fees or other charges.
-
Physical Card: Opening fee of $98, includes a $1 balance, no shipping fee, card validity of 4 years, free card replacement upon expiration, recharge fee of only 1%, and no ATM withdrawal fees (some ATMs may charge additional fees).
-
A single transaction over $50 is exempt from gateway fees, while transactions under $50 incur a fee of $0.3 per transaction, making the overall costs reasonable and suitable for consumers with different needs.
Why Choose BinPay?#
Compared to WildCard, BinPay has the following advantages:
-
Compliance and Stability: BinPay is operated by a licensed financial institution, holding both US MSB and Hong Kong MSO licenses, ensuring strong compliance and avoiding the risk of service suspension due to policy reasons.
-
Global Applicability: Supports a wide range of scenarios for Visa/MasterCard, compatible with Apple Pay, Google Pay, and even Alipay, suitable for cross-border e-commerce, subscription services, and international travel.
-
Transparent Fees: No monthly fees, yearly fees, or transaction fees, low recharge and withdrawal fees, and controllable long-term usage costs.
-
Convenient Operation: Manage cards through the BinPay official website or APP, with simple recharge and spending processes, and real-time USDT to USD exchanges.
BinPay requires recharging through cryptocurrency, which may pose a certain barrier for users unfamiliar with exchange operations. However, with the USDT purchase tutorial, beginners can quickly get started, and the overall experience is not complicated.
Conclusion: Is BinPay a Reliable Alternative to WildCard?#
For users seeking alternatives due to the suspension of WildCard services, BinPay is undoubtedly a choice worth trying. It not only provides global payment functions similar to WildCard but also addresses the issues WildCard currently faces through compliance and stability. Although the USDT recharge method requires some learning cost, its security, global applicability, and transparent fee structure make it an ideal tool for cross-border consumption and subscription services. Whether recharging ChatGPT Plus, subscribing to Netflix, or shopping across borders, BinPay can seamlessly connect you and relieve the worries of WildCard's service suspension.
If you are looking for a reliable virtual card, consider visiting BinPay to experience its convenience and security!