Domestic users often encounter difficulties with payment channels when trying to subscribe to overseas services such as ChatGPT Plus, OpenAI, Netflix, or Spotify. Domestic bank cards are often unable to be used directly due to foreign exchange controls or platform restrictions. Recently, virtual card platforms like WildCard and BinGoCard have faced setbacks due to policy changes, with recharge channels being blocked, significantly impacting user experience. Fortunately, BinPay, a prepaid card operated by a licensed financial institution registered and regulated in Hong Kong, offers a low-loss, low-fee, and stable payment experience, making it the preferred solution for domestic users to recharge for overseas subscriptions. Let’s discuss the unique advantages of BinPay and how it helps domestic users easily subscribe to services like ChatGPT Plus.
BinPay Official Website: https://ucards.org/go/binpay
Why Choose BinPay?#
The biggest highlight of BinPay is its low-loss, low-fee design for USD virtual cards. It is operated by a licensed financial institution registered in Hong Kong, holding both US MSB and Hong Kong MSO licenses, ensuring compliance and security. Whether you want to subscribe to ChatGPT Plus for a $20 monthly fee or use the OpenAI API on a pay-as-you-go basis, BinPay provides a stable and convenient payment channel. More importantly, it supports global e-commerce platforms (such as Amazon, eBay) and subscription services (Netflix, Spotify) that accept Visa/MasterCard, and can be linked to Apple Pay, Google Pay, and even Visa cards can be directly linked to Alipay, facilitating cross-border consumption and international travel.
The operation process of BinPay is also very simple. Users first need to purchase USDT or USDC through exchanges (such as OKX, Binance, HTX, Gate), recharge it to their BinPay account balance, and then use the BinPay APP to convert USDT to USD, which can then be recharged to the card balance for consumption. Compared to traditional domestic payment channels, this cryptocurrency recharge method not only avoids the risks of foreign exchange controls but also prevents sudden service interruptions due to policy changes, ensuring payment stability.
BinPay Virtual Card vs. Physical Card: Flexible Choices, Low Fee Advantages#
BinPay offers two types of virtual cards and one physical card to meet different user needs. Here’s a detailed introduction:
Virtual Cards: Premium Card and Diamond Card#
- Premium Card: Card opening fee of $25, recharge fee of 1.3%, withdrawal fee of 0.5%. Suitable for users making small payments.
- Diamond Card: Card opening fee of $50, recharge fee of only 0.7%, no withdrawal fee. Recommended for users who need frequent or large payments.
Both cards have no monthly fee, no annual fee, no consumption fee, and no cross-border conversion fee, and transactions over $50 are exempt from gateway fees (transactions under $50 incur a fee of $0.3). The Diamond Card is especially recommended, as its 0.7% recharge fee is highly competitive in the virtual card market, particularly suitable for subscriptions to services like ChatGPT Plus and OpenAI API that require long-term small payments.
Physical Card: A Great Helper for International Travel#
The opening fee for BinPay's physical card is $98, which comes with a $1 balance, and the card is valid for 4 years with free card replacement upon expiration. The recharge fee is only 1%, and ATM withdrawals are free of charge (some ATMs may charge additional fees). For users who frequently travel abroad, this card not only supports global consumption but also reduces currency conversion costs, offering excellent value for money.
Comparing WildCard and BinGoCard: Why is BinPay Superior?#
The virtual card market has been turbulent. WildCard ceased all business operations on July 12, 2025. Although balances can still be spent, the recharge channels have been completely blocked, and the official website's functionality is limited to querying card numbers and CVVs, with recharge and refund functions indefinitely delayed. Similarly, BinGoCard has been unable to register new users due to the shutdown of the cloud payment recharge channel, leaving existing users only able to spend their balances, with no immediate recovery of the RMB recharge channel.
BinPay, through cryptocurrency (such as USDT) recharge, bypasses the regulatory risks of domestic payment channels, ensuring service stability. Users only need to enter the exchange through the USDT purchase link, register and log in to purchase the required USDT, and then withdraw it to their BinPay account. The entire process is simple and efficient. More importantly, BinPay's low fee design and compliant background (US MSB and Hong Kong MSO licenses) allow users to avoid the risks of account freezes or payment rejections.
How to Use BinPay to Subscribe to ChatGPT Plus?#
Taking subscribing to ChatGPT Plus as an example, the specific steps are as follows:
- Purchase USDT: Visit OKX USDT Purchase, Binance USDT Purchase, HTX USDT Purchase, or Gate USDT Purchase, register and purchase USDT.
- Recharge to BinPay: Withdraw USDT to the BinPay account balance.
- Convert to USD: In the BinPay APP, convert USDT to USD and recharge it to the virtual card or physical card.
- Link Card: Add the BinPay card on the "Payment methods" page of the OpenAI official website to complete the subscription for ChatGPT Plus ($20/month) or OpenAI API.
The entire process is not only simple but also effectively avoids the embarrassment of payment rejections. It is recommended to recharge a bit more during the first recharge (for example, $25) to cover potential pre-authorization fees.
Conclusion: BinPay is the Ideal Choice for Domestic Users#
For domestic users, BinPay's low fees, compliance, and stability make it the preferred tool for subscribing to overseas services. Whether it’s ChatGPT Plus, OpenAI API, or streaming services like Netflix and Spotify, BinPay provides a seamless payment experience. Compared to restricted virtual cards like WildCard and BinGoCard, BinPay avoids regulatory risks through USDT recharges, with fees as low as 0.7%, no monthly fees, and no consumption fees, truly achieving low-loss withdrawals. For users who need frequent small payments or international consumption, BinPay is undoubtedly the best choice in the current market!