·1 min read
Kripicard launches fee-free transfers between accounts
Kripicard has launched Wallet Transfers, allowing users to send money to another Kripicard account using the recipient's username. The new feature is now live and charges no transfer fee for payments sent from one Kripicard account to another.
- Transfers are available only between Kripicard accounts.
- Each individual transfer can be between $1 and $10,000.
- Eligible transactions are processed instantly.
- Verification uses a one-time code.
Wallet Transfers moves balance inside Kripicard, so the recipient must already hold a Kripicard account; sending funds to an external wallet or bank account is not covered by the zero-fee rule. Kripicard has not said which transactions qualify for instant processing.
Source: Kripicard product update.