DogPay Review

DogPay is easiest to understand as a crypto card app first and a merchant processor second. Its app store listings, its Trustpilot reviews and most of its marketing are about a prepaid Visa card that people top up with USDT and add to Apple Pay.

Behind that sits a business platform: a stablecoin checkout, an unpriced fiat acquiring product, USD and Hong Kong virtual accounts, and card issuing for other platforms. This review covers what a merchant can actually use, and what could not be checked.

What DogPay Offers Merchants

Five business products are listed on dogpay.com. They are not equally real from the outside.

• Crypto payment gateway: stablecoin checkout over an API with hosted payment pages. Documented in detail, with no published rate.
• Fiat acquiring: cards, e-wallets, local bank transfers, payment links and subscription billing, with 3D Secure and risk scoring. Described in a paragraph, with no named acquiring bank, card scheme, country list or price.
• Global business accounts: US virtual accounts through Zenus Bank, plus Hong Kong virtual accounts at Standard Chartered and DBS and Singapore accounts at OCBC. These carry published opening and deposit fees.
• Card as a Service: white-label prepaid and credit card programs for platforms, priced on request.
• Global payouts: bank and crypto wallet payouts over the API, covered in the docs as payout v1 and v2.

The Pay as a Service page also lists plugins for Shopify, WooCommerce, WordPress, Wix and a Telegram bot, but the developer docs do not cover any of them, and searches of the WordPress.org plugin directory and the Shopify App Store on 31 October 2026 returned no DogPay listing.

How the Stablecoin Checkout Works

The integration is conventional and well written up. Your server authenticates with OAuth client credentials, optionally fetches the supported currency and chain combinations, and creates an order with a unique call id so retries cannot create duplicates. DogPay returns a hosted payUrl that you show by redirect, iframe or QR code. Webhooks report the payment when it is first seen on chain and again when it reaches the required confirmations, and only the completed status is meant to trigger fulfilment.

The docs list USDT and USDC on Ethereum, Tron and Solana. Marketing pages also mention BTC and ETH, but no BTC or ETH configuration appears in the documentation that could be read.

Custody needs reading carefully. The payment workflow page calls the gateway non-custodial. The overview page in the same docs describes something else: incoming payments enter a DogPay fund pool, 95% is swept to a 3 of 5 multisig cold wallet and 5% stays in a hot wallet, and the merchant is credited in a DogPay-hosted crypto wallet from which withdrawals go only to whitelisted addresses. The general terms name Pooltech Limited as custodian. In practice DogPay holds the money until you withdraw it.

There is no refund endpoint. The docs route refunds and chargeback handling through the ordinary withdrawal API, so a refund is a manual payout to an address the customer gives you.

DogPay Pricing and Fees

Pricing is a membership with four tiers, stated as applying to memberships started in Q3 2026.

• Basic: free. Crypto conversion 1%, stablecoin off-ramp to USD 0.5%, card issuance $10, US virtual account setup $500.
• Premium: $199 a month. Conversion 0.8%, off-ramp 0.25%, card issuance $5, US account setup $200.
• Platinum: $399 a month. Conversion 0.6%, off-ramp 0.2%, card issuance $3, no US account setup fee.
• Ultra: $799 a month, 10% off if paid annually. Conversion 0.6%, off-ramp 0.15%, card issuance $1.

Companies registered in the BVI pay $398, $798 and $1,598 a month for the paid tiers, and a US virtual account for a BVI or Seychelles company costs up to $2,000 to open, or $2,500 for a Cayman company. US account deposits are charged a fixed fee plus 0.3% down to 0.05%, and the fixed part is not stated. Withdrawals from the Hong Kong virtual accounts are $35 each on every tier.

What the table leaves out matters more. There is no published fee for accepting a stablecoin payment through the gateway, no card acquiring rate, and no chargeback or refund fee. The fiat acquiring agreement refers to a fee schedule that is not public, and the business FAQ says API integration fees depend on customisation. A merchant cannot work out the cost of a sale before talking to sales.

The DogPay Card Is a Consumer Product

The card is what DogPay is known for, and it is not a merchant tool. It is a Visa card issued by DCS Card Centre Pte. Ltd. in Singapore under DCS's DeCard program, funded from a crypto balance in the app and usable with Apple Pay. The partnership was announced on 20 April 2026.

The DCS terms, updated 2 February 2026, are worth reading before loading money. Prepayments become the sole property of DCS on receipt and are not held on trust for you. DCS may charge an inactivity fee if you do not log into the DogPay app for more than 90 days, and an early termination fee if you close the card within 180 days of approval. Neither amount is stated in the terms.

DogPay's own card program terms, dated 15 July 2025, are in worse shape: the network is still written as a [Visa/Mastercard] placeholder and the balance forfeiture threshold as [Minimum Amount]. Businesses can issue cards to staff or to their own users through the Card as a Service API, but that is card issuing, not payment acceptance.

Licences, Entities and What Could Not Be Verified

DogPay's licences page lists four companies. Checked on 31 October 2026, this is where each stands.

• Wavetech Limited, Delaware: listed in FinCEN's MSB Registrant Search at a Lewes, Delaware registered agent address, on a filing FinCEN received on 11 October 2026. A FinCEN registration is a filing, not a licence, and FinCEN says it endorses no registrant. The licences page and the terms quote different registration numbers.
• Stratuspay Fintech Limited, British Columbia: FINTRAC registration C100000785 and a Bank of Canada payment service provider registration dated 15 September 2026 are claimed. Neither registry could be queried for this review.
• DP Trust Limited, Hong Kong: a trust and company service provider licence, TC010687. The general terms instead name Pooltech Limited with licence TC010142.
• Lightening Global Limited, Hong Kong: a money lenders licence valid to May 2027.

No state money transmitter licence, Hong Kong money service operator licence, EU e-money licence or bank charter appears. An older DogPay site claimed licences in Lithuania and PCI DSS Level 1 certification; Lithuania is absent from the current licences page and no PCI attestation is published.