VISAVisa will issue a crypto card with a cashback in Bitcoin. The new product will be offered to US customers in the spring of 2021. Visa will launch the card in partnership with crypto startup BlockFi, bank Evolve, and credit card operator Deserve.
Those who want to use a crypto card will receive an annual service fee of $ 200 and a cashback of 1.5% for each purchase. The cashback amount will be accumulated and automatically converted into Bitcoin on the client's crypto wallet in BlockFi.
Visa is one of the largest bankcard operators in the world. If the new card is really popular, it could have a positive impact on the company's financial performance.
Visa has tried to break ATH several times. It formed a bullish triangle pattern. If the 220 level is broken, a further movement to new heights is expected.
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