Pay with crypto at top retailers using Crypto.com’s new feature
Crypto.com has launched a new feature that enables US users to spend their cryptocurrencies on over 150 top brands, including Apple, Nike, and Walmart, while earning up to 10% back in Pay Rewards, marking a significant step in integrating digital assets into everyday retail transactions.
Cryptocurrency has been making headlines for years, but it’s only recently started taking a significant role in consumer retail. For example, Crypto.com, a renowned cryptocurrency platform, has just unveiled a new feature that allows its US users to use their digital assets for everyday purchases from a wide range of popular brands. As of May 31, 2023, users of the Crypto.com App can now spend over 30 types of cryptocurrency on more than 150 top consumer brands, including giants like Apple, Nike, Walmart, Ray-Ban, and GameStop.
Rewarding Crypto Shopping
The Crypto.com App isn’t just offering a new way to pay; it’s also providing a valuable incentive for users to spend their cryptocurrency. For every eligible purchase made through the app, users will receive up to 10% back in Pay Rewards, paid in Crypto.com’s native coin, CRO. With the potential for such substantial returns, the platform encourages a new wave of cryptocurrency spending and contributes to the broader adoption of digital assets.
Secure and Convenient Transactions with a One-Time Card
Security and convenience are vital factors in the online shopping experience, and Crypto.com has incorporated these into its new offering. The platform has introduced a One-Time Card feature that generates a single-use card number for each transaction. This lets users securely and conveniently check out their purchases with over 30 cryptocurrencies, including CRO, BTC, ETH, and USDT.
What’s Next for Crypto.com Pay?
This feature is available exclusively to Crypto.com App users in the United States. However, the company has plans to roll out this service to other markets soon, further extending the reach of cryptocurrency in the global retail sector. This exciting development in cryptocurrency is another step towards a future where digital assets are a standard part of everyday transactions.
The Fine Print
While this new feature is undoubtedly exciting, users must understand the terms. Rewards are only given for purchases of goods from merchants specified in the Crypto.com App, and they are capped at US$100 per month. Any rewards associated with that purchase will be forfeited if payment is canceled or refunded. Crypto.com retains the right to modify this offer at any time.
Crypto.com is paving the way for cryptocurrency to be more than just a speculative investment or a store of value, but a viable option for everyday shopping. With its new feature, the company is providing a new avenue for spending cryptocurrency and encouraging its broader adoption in the retail sector. As we watch the continued rollout of these services, one thing is clear: the future of cryptocurrency in retail is here, and it’s more accessible than ever.