11/3/2022 | Finbold
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.”