Nexo Partners with Mastercard to Launch Dual Mode Crypto Card
Leading cryptocurrency platform, Nexo, has teamed up with payment processing giant Mastercard to introduce a groundbreaking Dual Mode crypto card. This innovative card allows users to seamlessly handle both credit and debit transactions, providing a convenient and customer-focused solution.
Key Points:
– Nexo customers can use the debit mode for daily transactions and switch to the credit mode for larger purchases from over 100 million merchants worldwide that accept Mastercard.
– The Dual Mode Card eliminates the need for managing multiple physical and virtual credit and debit cards or separate accounts, offering a more streamlined experience.
– Users can customize their spending preferences while earning up to 9% yearly interest on their holdings, paid out daily.
– The Nexo Card utilizes the existing payment infrastructure provided by Mastercard and DiPocket, ensuring a secure and reliable payment experience.
– Benefits of the Dual Mode Card include spending in local currencies, toggling between modes on the Nexo app, earning rewards on credit mode purchases, zero fees, and the ability to withdraw up to €10,000 ($10,800) each month at no charge.
Closing paragraph:
This partnership between Nexo and Mastercard signifies a significant advancement in the digital assets space. By introducing the Dual Mode crypto card, Nexo continues to demonstrate its commitment to innovation in the crypto industry. This collaboration aims to meet the evolving needs of global customers by setting new standards for financial service providers. With the Dual Mode Card, users can enjoy the convenience and flexibility of managing their crypto assets while accessing trusted and secure payment experiences.
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