11/3/2022 | Finbold

Revolut launches crypto card allowing users to receive cashback in Dogecoin

Revolut launches crypto card allowing users to receive cashback in Dogecoin

As the challenger bank Revolut, prepares to introduce a crypto card in the United Kingdom, residents of that country will soon be able to pay for everyday items, such as a loaf of bread, using Dogecoin (DOGE).

Pay with Crypto is a service offered by Revolut that gives users a 1% payback in cryptocurrency for purchases made using any of the almost one hundred supported tokens. These tokens include Dogecoin, Bitcoin (BTC), and Ethereum (ETH), among others, according to a report by the Evening Standard.

The cashback is distributed in the same currency in which the purchase was made; for example, if the purchase was made in Dogecoin, then 1% of the cashback will be distributed in DOGE.

Emil Urmanshin, Revolut’s Crypto General Manager, said:

“This year we have not only increased the number of cryptocurrencies available in the Revolut app to close to 100 tokens and launched Crypto Learn & Earn education courses enjoyed by millions of our customers.”