[00:02] very important Visa cards in the world of cryptocurrencies: VisaCast and Visa RedDotPay. Both cards allow you to withdraw cash from ATMs, make online purchases, and use them in stores and online using your cryptocurrency. However, there are
[00:16] many differences between the two companies, including fees, card types and their number, usage limits, fees, card types and their number, usage limits, We'll cover all the differences between the two companies, most importantly the fees, and also discuss the advantages and
[00:29] disadvantages. If you're not registered with either VisaCast or RedDotPay, you can register and download the app for each Visa from the link in the video description below. Plus, you'll get some great gifts when you register! I also want to mention that I've made videos explaining each Visa card,
[00:42] which you can find on my channel after you finish this video. The first thing we'll talk about is the types of cards.  The Visa cards offered by each company are as follows: RedoatPay offers a virtual Visa card that you can use online for
[00:55] only $10. Cast, on the other hand, offers a completely free virtual Visa card for three months, after which there's an annual fee of approximately $20. Now, regarding like the ones you get from a bank,
[01:09] RedoatPay offers a plastic Visa card for $100. However, the problem is that it's not available for all Arab countries, unfortunately. Cast, on the other hand, offers about six types of physical Visa cards, with prices ranging from $100 to
[01:22] $10,000. These cards are available for all countries where Visa is accepted. Both virtual and physical Visa cards from these companies can be added to Apple Pay or Google Pay and used for payments and purchases anywhere. And another thing...  We will talk about the rewards
[01:36] and offers. Visa Red Dot Pay unfortunately does not offer cashback, offers, or rewards. It only provides you with the basic service and that's it. But Visa Cast is superior in this area because it has a cashback system that reaches 15%, depending, of course, on the type of card you own and the purchases
[01:50] you made. Also, there is an AirDrop program that Cast offers, which rewards you for using the card. The third difference we have between the two companies is the daily and maximum limits for cash withdrawals and payments.  Look, my friend, with the Visa RedPay card, the daily spending limit is up to one million dollars, but the
[02:04] maximum amount you can spend in a single transaction is only $100,000. Of course, this won't really matter to most people. As an average person, only $100,000. Of course, this won't really matter to most people. As an average person, problems, and you can also withdraw up to
[02:17] $10,000 per day and $200,000 per month from ATMs. These figures will vary depending on your local currency. For example, in Saudi Arabia, I can withdraw up to 37,000 Saudi Riyals per day, which is approximately $10,000. As for Visa Cast, it doesn't have a
[02:32] However, ATM withdrawals can reach up to $200,000 per day, difference is the cryptocurrencies supported by each Visa card.  Here, I'm referring to the cryptocurrencies you can deposit into the app and use for payments. For example,
[02:47] RedDotPay Visa supports many cryptocurrencies like USDT, USDDC, WEIGHT, and Bitcoin. In contrast, VisaCast focuses only on stablecoins like USDT and USDDC. They previously supported other stablecoins like PayPal's stablecoin,
[03:02] they removed them from the app after the latest update, and I honestly don't know if they'll bring them back in the future. The fifth difference is support and user experience. RedDotPay has a good, easy-to- use app, and their technical support is available, but the response time is honestly very slow. VisaCast's
[03:16] support is very fast; they contact you quickly on Telegram or WhatsApp. In my experience, the experience was smooth and quick. The sixth and most important difference is the fees for using Visa cards. Before to the channel to see the previous videos.  The upcoming videos will be great, and please like this
[03:31] video so it reaches as many people as possible and everyone can benefit. If you have any questions or inquiries, feel free to write them in the comments, and I'll do my best to answer them. Listen, my friend, if you're buying something online in dollars through RedDotPay, it's completely
[03:46] However, if you buy in a currency other than dollars, like your local currency, RedDotPay Visa charges a 1.2% currency conversion fee. Visa Cast has a slightly higher rate of 2%. When you withdraw cash from an ATM,
[04:00] RedDotPay charges 2% on the withdrawal amount, but this is a bit more expensive because it divides the $3 fixed fee into two plus 2% for each withdrawal. Furthermore, RedDotPay doesn't charge any monthly or annual fees, meaning if you leave your card and don't...  Using it won't cost you
[04:16] anything, but Cast charges $20 annually. You can avoid this if you spend $1000 in the first three months of using the card. Also, if you get a free attempts, and then charges half a dollar for the declined transaction. Cast, on
[04:31] the other hand, doesn't have any clear fees for declined transactions; you could say they don't exist at all because they aren't mentioned anywhere. Now let's look at the advantages and disadvantages of each Visa card, starting with Redoat Pay. Its advantages include slightly lower withdrawal fees than Cast Visa, support for
[04:44] many currencies like USDT, USDC, Wyeth, and Bitcoin, and no monthly fees. The disadvantages of Redoat Pay are that there's no cashback on transactions you make with their card, and their customer support is slow. Now, let's look at the advantages of Redoat Pay.  CastVol's main
[04:57] advantage is its cashback of up to 15%, and their app is very fast and easy to use. Their support is direct and quick on WhatsApp and Telegram. Its drawbacks are that the ATM withdrawal fee is a bit higher at $3, and if you don't spend $1000 in the first three months, you'll pay
[05:11] $20 annually. To summarize, if you're someone who likes to withdraw cash from ATMs and deals with multiple cryptocurrencies, Freedo would be more suitable for you. However, the problem is that their physical card isn't available for
[05:24] top-up in all Arab countries. On the other hand, if you're a frequent shopper and like to benefit from cashback of up to 15% in addition to special offers, then CastVol is the better choice and will suit you better. Plus, their physical card can be topped up in any country where the app is available. That's all for now.