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virtualphysical Visa KYC: ID Verification Available in India

XPlace Card

by XPlace (Pontech Group)

Non-custodial Visa card — borrow against crypto and spend anywhere Visa is accepted

6.7
/ 10
Overall
Good
Editor score

Affiliate disclosure: Some links on this page are affiliate links. If you sign up through them we may earn a commission at no extra cost to you. This does not influence our rankings or scores.

Overview

XPlace is a non-custodial Visa card on Solana that lets you spend without selling: keep your crypto, borrow against it at the moment you tap, and earn yield while it backs your spend. It has two modes — Credit Mode (borrow against BTC, ETH, SOL) and Cash Mode (spend a stablecoin balance) — with Apple Pay and Google Pay. Plans range from a free Basic tier to Platinum, and cashback in USDC goes up to 4% by tier. It is available in 160+ countries with dedicated international card terms, though services are not available in all jurisdictions.

Key facts

Card type
Virtual, Physical
Card network
Visa
Custody
Non-custodial (Solana / Kamino)
Cashback
Up to 4% in USDC (by tier)
Apple Pay
Yes
Google Pay
Yes

Unique features

  • Credit Mode borrows against crypto automatically at tap
  • Cash Mode spends a stablecoin balance directly
  • Yield via Kamino Finance while assets back your spend

India availability

XPlace is available in 160+ countries and publishes separate international user card terms, so Indian residents can generally apply. It is a self-custodial Solana card funded with crypto (SOL, BTC, ETH, USDT, USDC). There is no INR top-up, and services are not available in all jurisdictions — confirm eligibility at signup.

Available in India
Yes
INR top-up
No
Indian KYC accepted
Yes
Ships to India
Yes

Best for Indian users

Indian crypto holders who do not want to sell, and want to borrow against SOL/BTC/ETH while spending on Visa.

  • XPlace is available in 160+ countries and publishes separate Card Terms for International Users.
  • It is non-custodial on Solana: you keep your keys, and assets are deposited as SOL, BTC, ETH, USDT or USDC.
  • There is no INR top-up; you fund the card with crypto.
  • Borrowing against collateral carries liquidation risk, and services are not available in all jurisdictions — confirm eligibility at signup.
  • Tax note: spending crypto can be a taxable disposal of a VDA in India (30% plus surcharge/cess, 1% TDS in some cases). Informational only.

Pros & cons

Pros

  • Non-custodial — you keep your keys and your crypto
  • Borrow against BTC, ETH or SOL instead of selling
  • Accepted in 160+ countries; 0% FX on Platinum
  • Apple Pay and Google Pay native
  • Cashback paid in real USDC, up to 4% by tier
  • 24/7 human support across all tiers

Cons

  • Plans cost money above Basic ($99–$999/year)
  • Borrowing against collateral carries liquidation risk
  • Yield is variable and not guaranteed
  • Solana-only assets (cbBTC, wETH, SOL, JitoSOL, USDC, USDT)
  • Physical cards are region-dependent (virtual in minutes)

Fees

XPlace Card fee structure
Monthly fee Basic free
Annual fee Basic $0 (paid: $99–$999/yr)
FX / foreign-currency fee 0% FX on Platinum

Basic is free with a $2,000 monthly limit and 0.5% Credit Mode cashback. Silver is $99/yr (1%), Gold $249/yr (1.5%), Platinum $999/yr (2%, unlimited lounges, 0% FX). Confirm current pricing and limits in the app.

Card formats

Virtual Card

Available
Issuance
Instant after signup

Physical Card

Available
Material
Metal/plastic
Shipping
7–14 business days

KYC requirements

Level 3 of 4 — ID Verification

XPlace Card KYC requirements
Email verification Required
Phone verification Required
Identity document Required
Proof of address Not Required
Selfie verification Not Required

Integrations & tech

Apple Pay
Google Pay
iOS app
Android app
IBAN support
Debit mode
Credit mode

Supported crypto

Tokens

SOL BTC ETH USDT USDC

Chains / networks

Solana

Scores

Editor score

How we rate — see our methodology.

KYC simplicity 7.0
Fee efficiency 6.5
Reward value 6.5
App experience 7.0
Privacy 8.0
Support quality 7.0

Community score

6.8 / 10

Based on 1 cited sources

Sources

Perks & benefits

  • Borrow without selling your crypto
  • Yield on collateral while you spend
  • Airport lounges and concierge on higher tiers
  • Real USDC cashback

Rewards program details

Credit Mode cashback by tier: Basic 0.5%, Silver 1%, Gold 1.5%, Platinum 2%, with up to 4% across categories. Paid in USDC to your wallet at settlement, not points.

Exclusions

  • Borrowing carries liquidation risk
  • Services not available in all jurisdictions

Frequently asked questions

Is the XPlace Card available in India?
XPlace is available in 160+ countries and publishes separate international user card terms. Services are not available in all jurisdictions, so confirm eligibility at signup.
Can I top up XPlace with INR?
No. XPlace is non-custodial and funded with crypto (SOL, BTC, ETH, USDT, USDC) on Solana. There is no direct INR top-up.
How does XPlace cashback work?
Credit Mode cashback is paid in real USDC by tier (0.5%–2%, up to 4% across categories), sent to your wallet at settlement.

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