Users have been rewarded over $30 million in bitcoin since the debit card launch but the expanded collaboration comes at a time when the “demand for bitcoin onramps outside the U.S is growing,” said Will Reeves, CEO of Fold. Under the new arrangement, Fold and Visa will enter new regions. Plans include empowering existing local financial service companies to launch their own bitcoin rewards through the Fold infrastructure.
Source: https://www.coindesk.com/business/2023/03/30/visa-and-bitcoin-rewards-app-fold-expand-partnership-to-new-regions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines