Crypto-exchange Gemini Launches Credit Card With Crypto Back
Gemini, a New York-based crypto-exchange and custodian owned by Internet entrepreneur twins Cameron and Tyler Winklevoss, has partnered with Mastercard and WebBank to launch the Gemini Credit Card that unifies crypto with the traditional financial system. The card is available to eligible individuals in all 50 states and Washington D.C.
Mastercard is the exclusive network partner for the Gemini Credit Card, and digital lender WebBank is the issuing bank.
Once the card is issued, the customer can immediately access the digital version of their Gemini Credit Card and begin making purchases online and in stores through their mobile wallet.
The Gemini Credit Card also offers you the opportunity to seamlessly earn crypto on everyday purchases, with 3 percent crypto back on dining, 2 percent crypto back on groceries, and 1 percent crypto back on all other purchases.
Customers can choose to receive their rewards in more than 60 cryptos, including bitcoin, ether, and dogecoin, available for the Gemini Credit Card, and can switch rewards at any time. They also benefit from Mastercard’s Zero Liability Protection and ID Theft Protection.
Additionally, the card comes with all Mastercard benefits like access to exclusive offers with select merchants such as DoorDash, HelloFresh, Lyft and ShopRunner, as well as through Mastercard’s Priceless Experiences.
Gemini offers crypto services and infrastructure to a growing number of financial institutions and asset managers across the world through Gemini Custody, Gemini Fund Solutions, and custom integrations with registered investment advisors and FinTech platforms.
Gemini is a New York trust company and qualified custodian regulated by the New York State Department of Financial Services. Gemini is already available in more the 60 countries, including Latin American countries such as Brazil, Chile, Argentina, Peru, El Salvador, Panama and Uruguay.
Source: Read Full Article