Two cryptocurrency companies launch Ripple XRP cashback card via Mastercard
Uphold and GlobaliD are launching a Ripple XRP cashback card via Mastercard.
Cryptocurrency exchange Uphold and GlobaliD have joined forces to create and roll out the XRP card. It will provide five percent cashback on the Ripple-affiliated cryptocurrency and will be serviced by Mastercard.
Two cryptocurrency companies launch Ripple XRP cashback card via Mastercard
The Ripple XRP debit card, created by the Mastercard giant, will allow users to spend multiple cryptocurrencies as well as fiat money and receive up to five percent cashback in XRP. The amount of cryptocurrency and fiat that can be spent exceeds 50.
To get five percent of the money back, the first 100 users must spend $10,000 within the first three months of using the card. After that, the cashback amount will be two percent of the amount spent. Users will manage their XRP card through their Uphold-backed GlobaliD wallet and receive their rewards in XRP on it.
The card was originally announced back in the winter of this year, but it was released in late July - almost six months later. The release of this card was a kind of incentive for XRP and Ripple. So to get it and start using it, customers need to join the XRP Army group on GlobaliD.
Earlier, it was known that the head of Ripple filed a petition to get the documents from Binance. There was also information that Ripple was announcing a new ODL corridor in Japan.
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