Crypto.com Partners with Cardlytics, Offering an Additional 10% Cashback Rewards

Crypto.com Visa Cards (previously known as MCO Visa Cards) partners with Cardlytics. A research conducted by Crypto.com and WorldPay revealed that 75% of Crypto.com clients wish to purchase goods and services via cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term.

Cardlytics is offering cash-back regards with hundreds of companies. Some of the top brands that are available in Cardlytics platform are Walmart, Airbnb, Sephora, Uber Eats, Wayfair and Dunkin' Donuts.

Through the partnership, Crypto.com US card holders may earn up to 10% back in rewards aside from Crypto.com Visa Card rewards. All US clients were automatically added to the new program.

Crypto.com Visa card holders may view the offers from Crypto.com app.

Joe Anzures, Crypto.com's SVP & General Manager for North America said, "Crypto.com Visa cards offer the most attractive cash-back rewards in the market. Adding Cardlytics-powered rewards on top of it will supercharge benefits for our users.

"We are looking forward to further driving adoption of cryptocurrency by helping our users unlock the value of their crypto for payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and earning rewards in crypto whenever they use their card."

Farrell Hudzik, the EVP of Financial Institutions at Cardlytics said, "We are very excited to work with an innovative partner like Crypto.com to provide meaningful rewards for their consumers.

"This is an important area of growth as more consumers engage with crypto, and we are thrilled to be a part of this emerging market."

The Future of Finance

Many firms are expecting cryptocurrencies to be 'the future of finance'. As regulatory measures are already being taken, more brands may continue exploring crypto cashback rewards.

Paystand, a leader in B2B payments recently introduced the very first business expense card with cryptocurrency rewards. The crypto rewards are in Bitcoin and are awarded automatically per transaction.

Being a pioneer is crucial in today's markets. More companies may begin incorporating cryptocurrencies in traditional services aside from payments.