SatPay Card
SatPay · Mastercard
SatPay is a Bitcoin neobank that lets users earn yield on their BTC, borrow stablecoins without selling, and spend through a debit card while keeping self-custody. The protocol is built on Core DAO, which enables self-custodial Bitcoin staking via native timelocks (no bridges or third-party custodians), while regulated card issuance and fiat ramps are handled by the partner Mobilum. The card, virtual or physical, runs on the Mastercard network and requires identity verification (KYC). As of verification, SatPay is in beta (invites since February 2026): issuance fee, annual fee, FX markup, cashback, and ATM fees/limits are not yet officially documented. Advertised features include yields of up to 10%+ APY on BTC and CORE and a conservative loan-to-value (~25%).
Data & conditions
| Network | Mastercard |
|---|---|
| Fund custody | Self-custody (funds in your control) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | Non divulgato |
| ATM withdrawal | not declared |
| FX markup | 0% |
| Cashback | Not disclosed |
| Chains | Core DAO, Bitcoin |
| On-chain settlement | Yes |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 4/10 |
| Supported countries | EEA, APAC, LATAM, MENA, AFRICA |
| Funding / solidity | SatPay è un neobank Bitcoin costruito su Core DAO che consente staking self-custodial di BTC tramite timelock nativi e prestiti in stablecoin senza vendere, con spesa via carta Mastercard. Non possiede licenza propria: l'emissione regolata della carta e i fiat ramp sono forniti dal partner Mobilum. Al momento della verifica è in fase beta (inviti dal febbraio 2026). |
| Estimated net annual cost | €0/year |
| Segment | B2C |
| Funding / solidity | SatPay is a Bitcoin neobank built on Core DAO that enables self-custodial BTC staking via native timelocks and stablecoin borrowing without selling, with spending through a Mastercard card. It holds no license of its own: regulated card issuance and fiat ramps are provided by partner Mobilum. As of verification it is in beta (invite-only since February 2026). |
| MiCA / License status | Nessuna licenza propria: l'emissione regolata della carta e i fiat ramp sono forniti dal partner Mobilum |
Strengths
- Self-custody: BTC staking uses native timelocks on Core DAO, with no bridges or third-party custodians
- Spend without selling: stablecoin loans against BTC that keeps generating yield
- Virtual and physical Mastercard with regulated issuance via Mobilum
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- In beta (invites since February 2026): limited access and a not-yet-mature product
- Undocumented pricing: fees, FX markup, cashback and ATM not officially published
- Requires full KYC; the team is not yet independently verified
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Limited protection: SatPay holds no license of its own and relies on partner Mobilum for regulated issuance and fiat ramps; the product is in beta with pricing and terms not yet officially documented.
Good sovereignty: BTC stays self-custodied via native timelocks on Core DAO (no bridges or third-party custodians), but mandatory full KYC limits privacy.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used SatPay Card, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
No known incidentSearch across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.
verified on
FAQ
Is the SatPay Card custodial or self-custody?
SatPay uses a self-custodial model: BTC stays under the user's control via native timelocks on Core DAO (no bridges or third-party custodians). Card issuance and fiat ramps are handled by the regulated partner Mobilum.
How much does the SatPay Card cost?
As of verification (June 2026) SatPay is in beta and its fees (issuance, annual, FX markup, cashback, ATM) are not officially documented. Check current terms on satpay.app.
Sources
- Official service page APY · Azienda · Custodial · Payment network · +2 Data verified on Jul 12, 2026
- enatdigital.com.ng Blockchain · Custodial · Virtual card · Payment network · +1 Data verified on Jun 22, 2026
- todey.xyz Payment network · Kyc · Virtual card · Custodial · +1 Data verified on Jun 22, 2026