Infini​ has significantly reduced the transaction fee to 0.1%, bringing U Card one step closer to the era of 0 transaction fees.

Blockbeats
16 May

BlockBeats News, May 16th, the next-generation stablecoin payment and financial service platform Infini officially announced today that the transaction fee for the Infini Global Card has now been reduced to 0.1%, applicable to all global users. This means that since the start of public beta testing, Infini has reduced the fee from the initial 1% to 0.8%, and further significantly lowered it to 0.1%. This fee reduction not only marks a significant milestone for Infini but also signifies a significant step closer to its long-term vision: achieving zero-fee payments.

Infini co-founder Christine stated, "We are active transaction nodes in the Visa and Mastercard global networks, and the higher the transaction volume, the more commission we receive. Instead of retaining this profit, we choose to return it to users to reduce their payment costs. Our ultimate goal is to move towards zero fees and usher in a new era of stablecoin payments."

Infini's growth rate in the stablecoin payment card sector has far exceeded expectations, especially in high inflation markets such as Latin America and Southeast Asia. As user transaction activity increases, the platform's overall operating income will continue to optimize, with fees expected to be further reduced, ultimately achieving a true zero-payment threshold. Since the launch of the Infini Global Card, it has supported users to make global payments through mainstream wallets such as Apple Pay, Google Pay, Alipay, WeChat Pay, PayPal, and has achieved zero conversion fees from stablecoin to fiat, instant conversion, and automatic yield mechanisms. This fee reduction reflects Infini's product philosophy of benefiting users and further solidifies its long-term vision of creating a seamless transaction and borderless payment experience.

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