Fold Teams Up with Visa to Transform Bitcoin Rewards

Fold Teams Up with Visa to Transform Bitcoin Rewards
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Fold Teams Up with Visa to Transform Bitcoin Rewards

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The company has expanded its partnership with Visa to bring innovative Bitcoin rewards programs to the market. This includes Fold’s popular debit card and soon-to-be-released credit card products.

This collaboration will leverage Visa’s extensive services to enhance Fold’s Bitcoin rewards offerings.

Fold Partners with Visa to Revolutionize Bitcoin Rewards

In 2024, credit card transactions in the U.S. were estimated to hit nearly $6 trillion, with debit card transactions adding around $5 trillion more. Fold is setting its sights on a slice of that massive pie by making Bitcoin the go-to reward. Fold’s programs have already processed over $2.5 billion in volume. Also, it has delivered more than $70 million in Bitcoin to its customers.

The new Visa partnership will bring exciting new products to the table. For example, the upcoming Bitcoin rewards credit card. Fold’s card programs also offer features like early paycheck deposits, seamless Bitcoin buys, and automatic round-ups on purchases to buy more Bitcoin.

At the helm, CEO Will Reeves emphasized that Fold is focused on more than just building products—it’s about reshaping the future of rewards and personal finance. “We believe Bitcoin is the next evolution of rewards,” said Reeves. The company has plans to become the first publicly traded Bitcoin financial services company on NASDAQ. So, with this Visa partnership, it’s clear Fold has its sights set on big things.

More About Fold

The SEC has declared Fold’s Registration Statement effective, clearing the way for the company’s public listing. This marks a major milestone for Fold as it moves forward with its plans to become the first publicly traded Bitcoin financial services company on NASDAQ.

With the SEC’s approval, Fold is now one step closer to bringing its innovative Bitcoin rewards programs to a broader audience while solidifying its position as a leader in the industry.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

The post Fold Teams Up with Visa to Transform Bitcoin Rewards appeared first on Altcoin Buzz.





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February 6, 2025 at 07:00AM

February 6, 2025 at 07:01AM
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