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Fold, a Bitcoin-first financial services company, announced today that it is tapping Stripe and Visa to power its forthcoming Fold Bitcoin Credit Card™, a product designed to make Bitcoin accumulation as simple as swiping a card.
The partnership pairs Stripe’s infrastructure with Visa’s global payments network, combining scale, reliability, and security with a rewards system denominated entirely in Bitcoin.
A ‘Bitcoin-only’ rewards card
The card, which is set to launch later this year, offers up to 3.5% back in Bitcoin on every purchase, with a flat 2% back instantly and an additional 1.5% for users who pay off their balance through a Fold Checking Account.
In addition,…
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