Banqa vs Gnosis Pay
Banqa is a self-custody Visa card backed by USDC — you keep your keys, pay 0% deposit fees, and spend anywhere Visa is accepted. Here is how it compares to Gnosis Pay. Gnosis Pay is a self-custody Visa card built on Gnosis Chain, where your funds sit in a Safe smart account you control. It is one of the few genuinely non-custodial cards, typically backed by euro stablecoins.
Summary
Gnosis Pay and Banqa share the same self-custody philosophy. The difference is the stack: Banqa is backed by USDC on Base and Arbitrum — major L2s with deep liquidity and low fees — with 0% deposit fees and business/KYB card issuance.
| Banqa | Gnosis Pay | |
|---|---|---|
| Custody model | Self-custody (non-custodial) | Self-custody (Safe on Gnosis Chain) |
| You control the keys | ✓ | ✓ |
| Backing asset | USDC (US-dollar stablecoin) | Stablecoins on Gnosis Chain |
| Deposit fees | 0% (only network gas) | Varies |
| Networks | Base, Arbitrum | Gnosis Chain |
| Token stake required | No | No |
| Connect your own wallet | ✓ | ✓ |
| Business / team cards (KYB) | ✓ | Limited |
| Apple Pay & Google Pay | ✓ | ✓ |
| Accepted wherever Visa is accepted | ✓ | ✓ |
Frequently asked questions
Is Banqa a good Gnosis Pay alternative?
If keeping custody of your funds matters to you, yes. Banqa is a self-custody Visa card backed by USDC, so your money stays in a wallet you control while you spend anywhere Visa is accepted — with 0% deposit fees.
What is the main difference between Banqa and Gnosis Pay?
The custody model and backing asset. Banqa is non-custodial and backed by USDC on Base and Arbitrum; Gnosis Pay is self-custody (safe on gnosis chain), backed by stablecoins on gnosis chain.
Does Banqa require staking a token?
No. Banqa does not require staking any token to unlock the card or its features. You fund it directly with USDC.
Where can I use the Banqa card?
Anywhere Visa is accepted — 150M+ merchant locations worldwide, online and in-store, plus ATMs, with Apple Pay and Google Pay.
Get your Banqa card
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