New Mastercard Card Offers Free XRP

News
Thu, 02/25/2021 - 15:32
article image
Alex Dovbnya
GlobaliD is launching the XRP Card in the U.S.
New Mastercard Card Offers Free XRP
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Digital identity platform GlobaliD has introduced a first-of-its-kind XRP debit card that will soon become available in the U.S.

The first 1,000 people who join the waitlist will be able to earn up to five percent back in XRP rewards on the first $10,000 spent at over 10.7 million merchants supported by Mastercard. The next batch of 2,000 sign-ups will earn four percent "cashback" while the rest will have to settle for two percent.

It will be possible to convert these rewards into a slew of fiat and digital currencies via Uphold-powered GlobaliD Wallet.

Related
XRP Ledger Gets Huge Efficiency Boost with Release of New Version

Ripple is not involved

As reported by U.Today, GlobaliD became part of the PayID Open Payments Coalition back in June 2020, together with Ripple, Brave and others.

Neither Ripple nor the XRP Ledger Foundation is affiliated with the most recent initiative.

article image
About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

thecryptobuds