Rain

Frequently asked questions

How much does it cost to use Rain?

The Rain platform is free to use.

What chains are you on?

Rain does not track tax events for your business.

Why would I use Rain over other corporate cards?

You would use Rain over other corporate cards because Rain is specifically designed for web3 teams and offers unique features tailored to their needs. Unlike some debit cards, Rain operates on the credit rails, allowing you to use it at rental car companies, airlines, hotels, and other vendors. Your Rain credit limit is set against the value of your on-chain assets, and most members use their USDC assets to set their credit limit. Rain members have until the end of the month to pay their bill, meaning funds, tokens, and assets aren't debited from your account after each transaction like a debit card. Additionally, Rain is the most direct way to access real-world spending with your on-chain assets, as it doesn't require a centralized exchange, OTC Desk, or a bank account to use. Rain eliminates fees for converting digital assets to cash and provides access to interest-free credit lines. It also offers discounts and perks at over 50 partners through its deals exchange.

What rewards do you have?

The rewards offered by Rain include the elimination of fees for converting digital assets to cash, access to interest-free credit lines, and discounts and perks at over 50 partners through their deals exchange.

Isn't this just a debit card?

No, Rain is not just a debit card. It operates on the credit rails, allowing users to make purchases at rental car companies, airlines, hotels, and other vendors, unlike some debit cards. The Rain credit limit is set against the value of on-chain assets, with most members using their USDC assets to set their credit limit. Rain members have until the end of the month to pay their bill, meaning funds, tokens, and assets are not debited from their account after each transaction like a debit card.

Who are the founders of Rain?

The founders of Rain are Farooq Malik (Co-founder and CEO) and Charles Naut (Co-founder and CTO).