RedotPay Expands Into Merchant Acceptance

This shifts RedotPay from a one sided consumer card app into a two sided payments business that can charge both the shopper and the merchant. In practice, Connect lets a merchant accept stablecoin funded payments, settle in local currency, and view transactions through a dashboard or API. That can undercut card gateway pricing, but the merchant fee still has to absorb stablecoin conversion, payout, and the cost of bridging into existing merchant settlement rails.1 2 3 4

• RedotPay already made money from card users through issuance and payment fees. Connect adds a second revenue line by charging merchants for acceptance, which is the same basic expansion path used by other payment companies that start with a wallet or card and then move into merchant processing.2 5 6
• The product is not asking merchants to hold crypto. RedotPay says merchants can manage funds and transactions on its platform or through OpenAPI, while settlement lands in the merchant’s normal fiat currency. That matters because it removes the accounting and treasury work that keeps most mainstream merchants from taking stablecoins directly.1 3 4
• The 70% lower fee claim is easiest to hit when it is compared with cross border card acceptance, where interchange, scheme fees, FX, and acquirer markup stack up. A sub 2% processing fee is plausible, but only because part of the payment flow is compressed before it reaches the merchant’s usual payout rails.3 7 8

The next step is clear, RedotPay is building toward owning both demand and acceptance. If it can route its own wallet users, partner wallets, and eventually AI agent payments into Connect, it becomes less like a card program and more like a full commerce rail where checkout, conversion, and settlement all sit inside one system.2 4 6