Funding Spending & Withdrawing

Are there any fees?

There are no transaction fees or monthly account fees for using Tangem Pay. However, the following charges may apply:
— Foreign exchange markups if you spend in a currency other than USD.
— Polygon gas fees when topping up your account with USDC (subject to network conditions). These are fees paid to the network, not charged by Tangem.
— ATM withdrawal fees may apply once this feature becomes available.

A detailed fee schedule will be displayed during sign-up.

How do I fund my Tangem Pay account?

You can fund your Tangem Pay account by clicking ‘Add funds’ button and sending native USDC (Polygon) from your Tangem Wallet. Funds are credited to your smart contract wallet and available for spending immediately after confirmation.

Can I withdraw funds back to my wallet?

Yes. Your balance is held in a smart contract you control. You can withdraw any unused USDC (Polygon) back to your Tangem Wallet at any time.

Are there any spending restrictions with Tangem Pay?

You can use your card for online and in-store purchases at Visa-accepting merchants.

At this stage, you cannot use the card at ATMs, and only USDC (Polygon) that has been prefunded can be used.
Spending directly from other tokens or chains is not yet supported.

What happens when I make a payment with Tangem Pay?

When you make a purchase, the equivalent amount of USDC is deducted from your smart contract by Rain and settled with Visa onchain. Visa then settles with the merchant in USD. 

If a transaction is declined, your funds remain untouched. Pending or reversed transactions will follow standard Visa network timelines.