The COVID-19 outbreak has driven a noticeable move away from cash and towards contactless modes of payments. The crypto community immediately saw in Bitcoin, Ethereum, and other crypto-assets the ideal financial transaction alternative. But for the average Joe who doesn’t yet understand how crypto works, the technology may initially appear intimidating and out of reach.
However, one major crypto firm is working to bridge the gap between users new to the emerging financial technology and the post-pandemic future where the crypto-asset technology will shine due to its speed, safety, and security.
MCO Visa Card Is The Missing Link Needed For Widespread Crypto Adoption
The complex technology surrounding digital assets has prevented the mainstream public from taking the plunge and utilizing cryptocurrencies for everyday payments. Until now.
With a highly contagious virus spreading from person to person, there is a need now for more contactless payment options that can be managed without a trip to the bank. Cryptocurrencies serve the purpose of digital transactions quite well.
Also, with fiat money losing it’s worth owing to incessant cash printing by central banks around the world, people are looking for other assets to protect the value of their wealth. Crypto assets fit that requirement too.
Fortunately, a growing trend of crypto-focused debit cards has emerged, offering a familiar onramp to crypto and allowing for a more comfortable introduction to the nascent but immensely promising financial technology.
These crypto debit cards, such as the Crypto.com MCO Visa card, make using cryptocurrencies a cakewalk. The fiat bridging aspect helps people skip the tricky learning curve and get them started right away. Users can also pair it with the Crypto.com app to buy crypto easily with fiat money.
Additionally, the MCO Visa card can be used to spend crypto just like a regular credit or debit card. Features like in-built NFC technology make it possible to smoothly conduct fully contactless monetary transactions.
The card offers many of the same pros as cash, but it is a much better option due to many benefits and incentives which the users can avail themselves.
Save Money And Earn Crypto Rewards During The Economic Crisis
The MCO Visa card comes with a variety of crypto-based perks and rewards that will further boost crypto adoption.
Not only does this card make using crypto simple for all, but it also makes using your crypto much more appealing.
Five different tiers of debit cards are available, depending on the needs of users, tastes, and how much MCO they are staking with the Crypto.com app.
Using the card to spend on everyday transactions earns users between 1% to 5% in cashback, or in this case, crypto rewards in MCO, depending on card tier and the amount of MCO staked.
Depending on card tiers, users can enjoy free access to exclusive partner benefits such as Amazon Prime, Netflix, Spotify, and more. There’s even unlimited airport lounge access for air travel.
Crypto.com Adds More Ways to Save When Spending in Post-Pandemic World
In response to the global pandemic, and to further help users to get through the crisis, Crypto.com has introduced three new measures for the next 1 month.
The standard 3.5% fee on credit card-based crypto purchases has been waived entirely. Those aforementioned rewards have now been extended to as much as 10% on MCO Visa card transactions for grocery shopping and up to 20% on food deliveries.
3 measures for the next 3 months:
💳3.5% credit card fee waived for buying crypto
🛒Groceries shopping up to 10% back
🚚Food Delivery up to 20% back
— Crypto.com (@cryptocom) April 2, 2020
Rewards are offered in the majority of major grocery chains and food delivery brands, and new brands are being added regularly to the growing list, which now includes Costco, Kroger, Whole Foods for grocery shopping, along with DoorDash, Instacart, and more for food delivery.
With the Crypto.com MCO Visa card, the company is finally giving the world a reason to utilize crypto for payments and has built a thriving ecosystem of rewards, benefits, and partners that make using crypto much more fun.
With an increasing number of people catching wind about the card’s features and offerings, crypto adoption will soon boom now and in the post-pandemic world.
MCO VISA Card Is The Most Widely Available Crypto Card Worldwide
As Crypto.com grows its reach further with the latest rollout of the MCO Visa card across Europe, it is now officially the most widely available crypto card in the world.
Also, it is the only crypto card available in three major geographical territories: U.S., Asia, and Europe.
The latest rollout brings the card to nearly 530 million people living across all 27 EU member states. It works smoothly with Apple Pay and Android Pay, which makes it easier-to-use, more accessible, and user-friendly.
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