ZAR Wallet
zarapp.app.linkSummary
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.
Features6/15
See allMust 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'.