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ZAR Wallet

zarapp.app.link
Summary

ZAR Wallet provides a global digital USD account powered by stablecoins, enabling users to save and spend in dollars worldwide. It offers virtual and physical debit cards for international spending, aiming to reduce foreign transaction fees and provide access to cash at ATMs globally. The platform emphasizes security through blockchain technology and biometric authentication.

Features
6/15
See all

Must Have

3 of 5

Transparent Low Fees

Multi-Currency Account

Borderless Debit Card

Mid-Market Exchange Rate Transfers

Fast Transfer Execution

Other

3 of 10

Mobile App

Regulatory Compliance

Customer Support

Batch Payments

API Integration

Real-Time Rate Alerts

Business Account Features

Invoice Creation

Spending Analytics

Multi-User Access

Rationale

ZAR Wallet offers a global USD wallet that allows users to save and spend in dollars, available in over 110 countries. It emphasizes borderless banking, virtual and physical debit cards for spending anywhere Visa is accepted, and aims to eliminate foreign transaction fees. The platform uses stablecoins (USDC and USDT) for transactions and highlights bank-grade security with biometric authentication. While it focuses on USD, it functions as a multi-currency account by allowing spending in local currencies with good exchange rates. The website explicitly mentions transparent fees (no fees for USD transfers or purchases, but potential fees for ATM withdrawals or foreign currency transactions), a mobile app, and customer support through FAQ and contact options. It doesn't explicitly state mid-market exchange rates for all conversions, but implies favorable rates for ATM withdrawals and avoiding 'horrible conversion rates from banks'.