Virtual Card Platforms Still Working in 2026: Updated Guide

The Current State

The Chinese virtual card industry has been through a brutal shakeout over the past two years. FomePay rug-pulled in August 2024. DuPay shut down in November 2025 due to compliance pressure. OneKey Card and WildCard also suspended services. After all these platforms exited the market, users have been searching for reliable alternatives.

Fewer than ten platforms are still operating normally. Here are 4 that we've verified are still active as of mid-2026.

PokePay

Hong Kong-based platform holding US MSB, Hong Kong MSO, Canada FINTRAC, and Poland VASP licenses. Added a Hong Kong money lender license in 2026.

• Funding: USDT / BTC / USDC / ETH
• Issuance fee: $5 USDT (legacy Star Card $20, Premium $5)
• Monthly fee: None (legacy Premium $1/mo)
• Fees: 1% transaction, 1% currency conversion (non-HKD)
• BINs: Visa 404038 / 441112, Mastercard 559666 / 556150
• Highlights: AlipayHK and WeChat Pay binding for China domestic spending. HK Visa card supports 3DS. Physical card for global POS and ATM.

VCard (Vika)

Backed by US-listed company Yueshang Group, holds US MSB license. Founded by former Tencent payment core team.

• Funding: USDT
• Issuance fee: From $5 USDT
• Monthly fee: None
• Fees: Standard card top-up fee from 1.5%
• BINs: Visa 485932, Mastercard 531993 (multiple tiers)
• Highlights: Some tiers support Alipay/WeChat. USDT transfers to Alipay/PayPal. VISA/Master/Discover options.

FotonCard

5+ year old platform with 25+ BINs across multiple regions.

• Funding: USDT / corporate USD wire
• Issuance fee: $2-3.5 per card
• Monthly fee: None
• Top-up fee: 3.5%
• BINs: US Visa 404038 / Mastercard 559666 / 531993 / 556150, HK Visa 436797, Singapore Visa 450306, and 25+ total
• Highlights: Corporate-level Credit BINs, high approval rates. Merchant BIN matching tool.

DogPay

Singapore-based platform known for low fees and multi-crypto support.

• Funding: USDT / USDC / BTC / SOL / DOGE / ETH
• Issuance fee: $10 USDT
• Monthly fee: None
• Fees: 1% top-up, $0.3 US transactions, 1%+$0.3 non-US, no currency conversion
• BINs: Visa 556766, Mastercard 559666
• Highlights: No minimum top-up. Alipay/WeChat binding. 3DS support.

Practical Advice

Check licenses before fees. All surviving platforms hold verifiable licenses — US MSB, HK MSO, Canada FINTRAC. Don't use a platform that doesn't publish its license credentials.

Only load what you'll spend. Don't keep large balances on any virtual card platform. If the platform goes down, you lose at most the loaded amount.

USDT is the standard now. Platforms supporting direct RMB top-up have essentially disappeared. Every remaining platform routes through crypto. If you're new to USDT, learn the basics of buying from exchanges like OKX or Binance.

Clean IP matters for OpenAI. When subscribing to ChatGPT Plus or OpenAI API with a virtual card, use a clean US residential IP. Standard VPN nodes tend to trigger fraud filters. This is an OpenAI policy issue, not a card problem.