Visa Launches Exclusive ‘No-Limit’ Bitcoin Card In UAE
As the cryptocurrency market expands, more corporations are starting to recognize the opportunities it offers and seek ways to incorporate digital assets in their operations, as well as offer crypto-related services for their customers.
Harshvardhan
11:16 4th Jul, 2022
Adoption
One of these corporations is VISA, the world’s largest payments network which launched an exclusive VIP crypto credit card called ‘bitcoinblack’ in the United Arab Emirates.
The card, which was first launched in 2021, is available by invite only to 10,000 members around the globe, and it allows them to convert their Bitcoin (BTC) as well as other major cryptos into spendable cash. The invitation can be requested via the bitcoinblack website.
Reportedly, the card is secured by the holder’s cryptocurrency and offers premium benefits such as a no-spend limit in any place in the world where Visa is accepted, as well as rewards of up to 10% back in exclusive SPND tokens.
