The product
You deposit supported crypto, hold a ledger balance, and may issue and fund a virtual card from that balance. Opening an account needs an email and a password. No KYC at signup. That is not anonymity.
Terms
The limits of the account.
Deposit, ledger, card. No subscription to hold a balance. No promise that a card works everywhere.
Not a bank
Truefer is a technology platform. It is not a bank and not a card network. Virtual cards are issued by licensed partners. Availability of assets, networks, withdrawals, and cards depends on configuration and on those partners.
Merchant acceptance
A card may be declined. Acceptance depends on the card program and the merchant. Truefer does not guarantee approval.
The ledger
Your balance is the sum of ledger entries. Card funding reserves, then completes or releases. If a provider result is unclear, the reserve stays until it can be resolved.