bitcoin exchange
Search documents
Fold Teaming With Stripe for Its Bitcoin Rewards Credit Card
Yahoo Financeยท 2025-09-23 13:54
Core Viewpoint - Fold is launching a bitcoin-only rewards credit card in partnership with Stripe and Visa, aimed at simplifying the process of earning bitcoin on everyday purchases [1][2]. Group 1: Product Features - The Fold Bitcoin Credit Card allows cardholders to earn 2% back in bitcoin instantly, with an additional 1.5% boost available when purchases are paid off via a Fold Checking Account with qualified activity [2]. - Users can earn up to 10% back with select retail partners such as Amazon, Target, Home Depot, Starbucks, and Uber [2]. - The card does not require managing categories, staking tokens, or maintaining an exchange account, making it user-friendly for earning bitcoin automatically with every purchase [3]. Group 2: Strategic Partnerships - The credit card will operate on Visa's network and utilize Stripe Issuing's infrastructure, marking a significant milestone for Stripe's consumer card-issuing product [1][3]. - Visa's crypto lead emphasized that the collaboration provides consumers with a safe and simple way to earn bitcoin while shopping [3]. Group 3: Company Background - Fold has previously offered a bitcoin debit card, exchange, and gift card program, processing over $3.1 billion in transactions and distributing more than $83 million in bitcoin rewards to date [3]. - The credit card is part of Fold's strategy to build a comprehensive suite of bitcoin-native financial services, with the company holding nearly 1,500 bitcoin in its treasury [4].