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 .
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 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.
