This new solution can сontribute to the faster cryptocurrency adoption across the Mexican market
Visa has entered into the agreement with Mexican fintech Tauros in order to launch a debit card with a crypto cashback. This way, cardholders can convert crypto into Mexican pesos directly through the Tauros e-wallet.
Conoce la nueva tarjeta de débito de Tauros, primer tarjeta en México que te da cripto por usarla, gasta pesos… recibe #cryptoback® Disponible ahora —> https://t.co/zQTWF3Efb7 pic.twitter.com/acsRDxqxcp
— Tauros (@tauros_io) August 4, 2020
Tauros has previously partnered with the e-commerce payments system Dash. It has been a major partner for Tauros in promoting cryptocurrency acceptance across the country.
From now on, Tauros users can log into Tauros.io and request their Visa card. As part of the launch activity any user that receives the card and begins spending, will get 2% in Dash back rewards for their purchases.
We’ve reported that global reward values for consumer credit cards will grow to $67.9 billion in 2023, up from $60.4 billion this year. That’s due to the fact that consumer credit spend recovers post-COVID.