Visa and Fold have expanded their partnership to bring innovative Bitcoin (BTC) reward card programs to the market. This way, consumers will be able to earn even more BTC hassle-free through daily transactions.
Visa and Fold: the expanded partnership to launch innovative Bitcoin reward card programs
Visa has expanded its partnership with Fold to bring innovative bitcoin rewards card programs to the market.
“Fold and Visa expand their partnership to accelerate Bitcoin rewards in debit and credit programs. With over 2.5 billion dollars in transactions and over 70 million dollars in Bitcoin rewards delivered, Fold aims to establish Bitcoin as the reward of choice for American consumers.”
In practice, it is a more extensive agreement that includes Fold’s flagship debit card program and upcoming credit card products, leveraging Visa’s shared services and incentives to enhance reward offerings.
This expanded collaboration will allow consumers to earn even more BTC effortlessly through daily transactions.
Visa and Fold to accelerate rewards in Bitcoin (BTC)
Fold points out that its debit card has been recognized by Forbes as the number 1 for maximizing rewards in Bitcoin (BTC).
Not only that, in general, Fold card programs would have already transacted over 2.5 billion dollars in volume, delivering more than 70 million dollars in bitcoin to its customers, which is more than triple the value they would have earned with cashback rewards.
Together with Visa, Fold is now aiming to rewrite traditional reward programs, some of which handle about 1% of the US GDP.
In this regard, Will Reeves, CEO of Fold, said:
“At Fold, we don’t just create products, but we shape the future of rewards and personal finance. We believe that bitcoin is the next evolution of rewards, and this partnership with Visa strengthens our ability to offer unparalleled value to our users.”
The characteristics of the program include the seamless purchase of bitcoin, early salary deposit, automatic rounding up of purchases to buy bitcoin, and tools to manage and grow bitcoin holdings with ease.
Visa and Elon Musk to launch X Money accounts
Last month, Elon Musk announced on X a strategic partnership with Visa to launch X Money accounts.
In practice, these are virtual accounts that allow users of the “super app X” to manage financial transactions directly from the platform, without having to use external applications.
Thanks to the collaboration with Visa, users will be able to access virtual and physical debit cards, simplifying online and offline payments.
The distinctive aspect of X Money is its ability to combine social and financial functionalities.
Bet on Bitcoin to improve the stock price of V
For this newly started 2025, Visa seems to be choosing Bitcoin and the social network as opportunities to improve its performance in terms of V shares.
In reality, in the last six months, the V stock has risen by almost 30%. At the time of writing, the price of Visa shares is $345, compared to $258 in June 2024.
In any case, the digital payments giant seems to be able to continue with this bullish trend by focusing precisely on Bitcoin (BTC). In fact, with the ongoing recognition by the new United States administration of Donald Trump, the crypto industry could receive increasing attention.
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