Leading payments and cryptocurrency platform, Crypto.com, announced today that its MCO Visa Card is now shipping to users in the United States, according to a press release.
The card is issued by the Metropolitan Commercial Bank (Member FDIC) following a license from Visa U.S.A. Inc. The card will come as a high-end metal card with no annual or monthly fees.
This development marks a step forward for the firm in its objective to accelerate the acceptance of cryptocurrency conversion around the world.
Customers can be able to manage their card usage through the Crypto.com app. The App will allow users to securely buy, sell, and track cryptocurrencies, move funds between crypto and fiat, as well as to freeze or unfreeze their card in a tap.
The prepaid card will provide an unlimited airport lounge access, 5% back on all spending, and subscription rebates for popular streaming services based on the number of MCO staked.
“We are thrilled to announce our US launch date and unveil our new card range with the Frosted Rose Gold card. Unrivaled perks and incredibly powerful Crypto.com App make the MCO Visa card a must-have card for every cryptocurrency holder in the U.S. It’s shipping today,” said Kris Marszalek, the Co-Founder and CEO of Crypto.com.
Reservations for the card are made using the App, which includes an ID verification and three-minute customer on-boarding process.
In a similar development, the US cryptocurrency exchange and wallet provider, Coinbase announced the Launching of its Visa debit card (Coinbase Card) to six additional countries in Europe.
The customers in Spain, Germany, France, Netherlands, Ireland, and Italy, now have full access to make send crypto like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) at online or offline stores that support Visa payments, however with a verified Coinbase account.