# Cypher > Swipe your crypto for everyday purchases Cypher was a crypto payments company offering non-custodial crypto-to-fiat payment cards. It let users spend cryptocurrency at merchants worldwide while retaining self-custody of funds. Cypher was a crypto payments company that provided non-custodial payment infrastructure for spending cryptocurrency in everyday purchases. It let users load funds from supported wallets, convert crypto to fiat, and make payments at merchants worldwide while retaining self-custody of their assets. The service targeted everyday crypto holders seeking to use digital assets without giving up control of their private keys. The company combined in-app swaps, cross-chain bridges, and a non-custodial crypto card into a single product aimed at removing friction between crypto holdings and real-world spending. It operated as a neobank-style alternative to traditional country-specific financial apps, supporting card issuance across a broad range of countries and regions. Its offering also included a token-based rewards ecosystem tied to card usage. Cypher's flagship products included the Cypher Card, an agent payments feature, and a business card platform for companies. It served individual consumers seeking everyday crypto spending as well as businesses managing card-based payments. The company was acquired by another payments provider and is winding down its consumer app, business platform, and token ecosystem, with services scheduled to end. - Type: Company - Sector: Payments - Status: Acquired - Founded: 2022-01-01 - Profile: https://thegrid.id/profiles/cypher ## Products - [Cypher Card](https://thegrid.id/profiles/cypher): Cypher Card is a non-custodial crypto payment card that lets users spend digital assets at merchants and withdraw cash from ATMs. It converts crypto to fiat at the point of transaction while users retain control of their funds until spent, and it integrates with mobile pay wallets for everyday purchases. The card is used by individual crypto holders seeking to spend across multiple blockchains without giving up custody of their assets. The service is being wound down, with card loading and new issuance already disabled and card spending scheduled to end shortly, ahead of a full platform shutdown. (Card, Live, Main Product) - [Cypher Wallet](https://thegrid.id/profiles/cypher): Cypher Wallet is a non-custodial crypto wallet, also accessible as a browser dApp, that lets users store, manage, and transact digital assets across multiple blockchains. It provides in-app token swaps and cross-chain bridging alongside portfolio tracking, and it also serves as the interface for managing Cypher Card balances and claiming rewards. The wallet is used by individuals who want a single self-custody application to hold assets, move them between chains, and connect them to card spending. The platform is being wound down, with users advised to withdraw funds and back up wallets ahead of a full shutdown. (Wallet, Live) - [Cypher Business](https://thegrid.id/profiles/cypher): Cypher Business is a spend management platform that enables Web3 teams to issue crypto payment cards and manage expenses directly from a self-custodial treasury wallet. It links card spending to on-chain treasury accounts held in multi-signature wallets or hardware wallets, letting administrators set per-card spending limits, restrict merchant categories, and freeze cards in real time. The platform provides expense analytics, exportable reporting, and team access controls for organizations spending crypto without transferring custody to a third party. The service is being wound down as part of the broader platform shutdown, with businesses advised to withdraw balances and download records before the deadline. (Card, Live) - [Cypher Agent Pay](https://thegrid.id/profiles/cypher): Cypher Agent Pay is a payment infrastructure product that provisions virtual payment cards to autonomous AI agents so they can complete purchases on a user's behalf. Users fund an agent wallet, set per-transaction and daily spending caps, and connect any AI platform, after which the agent can transact at merchants that accept card payments without direct access to the user's keys. It provides a dashboard streaming authorizations, declines, and refunds with structured receipts for spend tracking. The service is being wound down alongside the rest of the Cypher platform, with users directed to withdraw agent wallet funds and complete integrations before shutdown. (Card, Live) ## Assets - [CYPR (CYPR)](https://thegrid.id/profiles/cypher): CYPR is the governance and rewards token of the Cypher crypto card ecosystem on the Base chain. It is earned through card purchases and can be deposited into veCYPR to boost merchant emissions and direct spend incentives across the platform. The protocol is being wound down following Cypher's acquisition by Nium, with rewards claims closing by September 6, 2026. (Governance) ## Links - [Main](https://cypherhq.io) - [Documentation](https://developer.cypherwallet.io) - [Terms of Service](https://cypherhq.io/legal) - [Closed Source](https://cypherhq.io/blog/cypher-is-being-acquired-by-nium) - [Blog](https://cypherhq.io/blog) - [Twitter / X](https://x.com/Cypher_HQ_) - [LinkedIn](https://www.linkedin.com/company/cypher-official) - [Medium](https://medium.com/@CypherWallet) - [Discord](https://discord.gg/ZqeSGmJgWF) - [YouTube](https://www.youtube.com/@Cypherhq_io) - [Reddit](https://www.reddit.com/r/CypherWallet) - [Telegram](https://t.me/CypherHQBot) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. 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