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The future of cashback: Companies adopt cryptoback rewards for card purchases

2022.04.01 13:03

The future of cashback: Companies adopt cryptoback rewards for card purchases

Receiving cash back from your credit and debit card purchases has been a long-time benefit for credit card users. However, various projects and companies have started implementing cryptoback rewards for card purchases.

Back in 2021, BlockFi launched a Visa-backed Bitcoin rewards card as a way to welcome users into the crypto ecosystem. With the card, users can get 1.5% back in Bitcoin (BTC) instead of other rewards such as cash or miles.

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