Bitcoin and cryptocurrency payment services provider BitPay launched a cash back reward program for its prepaid cardholders through a partnership with Cardlytics.
BitPay cardholders will automatically get up to 15% cash back on purchases every time they use their card at participating retailers.
Cardlytics, a cash-back rewards platform, works at thousands of retailers across shopping, dining, entertainment and travel with the largest offer catalog of national and local retail brands for in-store and online.
"Cryptocurrencies are becoming increasingly popular and widely used as many like the option to live life on crypto. Adding a reward program through Cardlytics offers crypto enthusiasts another incentive to get and use the BitPay Card," said Stephen Pair, CEO of BitPay. "It's easy, just load the BitPay Card with crypto, spend with dollars, get cash back and see rewards in the BitPay app."
BitPay currently supports ApeCoin (APE), Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC) and XRP (XRP), and five USD-pegged stable coins (BUSD, DAI, GUSD, USDC and USDP) and one Euro-backed stable coin EUROC.
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