Interlace vs Nium Physical and Virtual Cards

Interlace provides stablecoin infrastructure for businesses needing card issuing, accounts, payments, crypto services, or treasury tools. Its card service offers branded physical and virtual cards with stablecoin settlement, and the cards can be provisioned to Apple Pay or Google Pay. An app provides controls to set limits, freeze, or cancel cards. Interlace Business Accounts support payments in more than 40 currencies and are described as available in over 180 countries or regions, with no minimum balance or deposit requirement. CryptoConnect supports on- and off-ramping, payments, and spending using BTC, ETH, USDC, and USDT. Yield Treasury advertises over 5% on USDC and USDT, daily yield settlement, and no lockup periods. It starts at $100 and says it charges no deposit, redemption, fund transfer, or return fees. APIs let businesses embed cards, accounts, and stablecoin rails. Interlace lists PCI DSS Level 1, US and Canadian MSB registrations, and Hong Kong TCSP licensing. It was founded in 2019; pricing is on request.

Nium Physical and Virtual Cards lets businesses issue physical, virtual and digital cards funded by fiat or stablecoins. Programs can apply spending limits, permissions and merchant controls, with rules for channels, geographies, merchant categories and transaction types. Cards connect to consumer or corporate wallets, where funds are loaded, held and spent in real time. Teams manage activity and statements through APIs or Nium’s web portal. Visa, Mastercard and Discover are supported depending on market and program setup. Listed controls include 3DS, tokenization, lifecycle management, fraud-risk tools and chargeback support for eligible disputes. Nium describes uses in corporate spend and procurement, payouts and disbursements, and travel or hotel payments. Compliance support includes onboarding, KYC workflows, transaction monitoring, fraud-risk management and dispute management. Developers receive APIs, SDKs, guides, a production-like sandbox, OpenAPI specification and Postman collection. Card issuing can connect with Nium wallets, balances, FX and payouts. Pricing and program terms are on request. Issuance is limited to approved countries, with a maximum of 1,000 active or locked cards per customer and potentially lower program limits.