Cryptocurrency exchange, Crypto.com has entered into a multi-year partnership with Bread Financial, a tech-forward financial services company responsible for simple, personalized payment, lending, and saving solutions to launch crypto credit card program in the United States. The exchange confirmed the development in a blog post on Thursday.
Notably, the multi-year partnership includes the launch of the Crypto.com Visa Signature Credit Card. As revealed, this credit card allows Crypto.com users in the United States to make purchases while earning CRO rewards. Card members can also earn uncapped CRO rewards at various rates.
The executive vice president and chief commercial officer at Bread Financial, Val Greer while reacting to the partnership highlighted the various benefits offered by the credit card. First, Greer noted that the credit card offers easy, compelling rewards that help even the less experienced to maximize their profits with every purchase. The exec added that the credit card also helps expert traders to gradually stack profits as they continually use the card and move through the Level Up Program.
Similarly, a general manager of Americas and EVP of payment at the exchange, Joe Anzures also highlighted the importance of partnering with a tech giant like Bread Financial. Anzures noted that collaborations like this create innovative payment solutions that provide customers with a rewarding user experience while advancing the adoption of cryptocurrencies.
Crypto.com partners with Sony Electronics
However, it is worth noting that this development comes barely three weeks after the exchange partnered with Song Electronics to facilitate USDC payment in Singapore. As revealed, the partnership with Sony Electronics provided Crypto.com users with the opportunity to enjoy an optimized checkout experience via Sony Store Online through Crypto.com Pay.
In December, the exchange also entered into a strategic partnership with the Dubai Islamic Bank (DIB), a pioneer Islamic financial firm in the UAE. Crypto.com in the Memorandum of Understanding entered into with the DIB noted that the partnership would expand the exchange’s market presence in the Middle East Region.
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