TNPSC Thervupettagam

Nexo Card

April 22 , 2022 850 days 688 0
  • London-based Cryptocurrency lender, Nexo has joined hands with global payments company Mastercard.
  • This is to launch the world’s first “crypto-backed” payment card.
  • Electronic money firm DiPocket is Nexo’s card issuer.
  • The card requires no minimum repayments, monthly, or inactivity fees.
  • There are no FX fees (foreign transaction) for up to 20,000 euros per month.
  • Interest remains at 0% for customers who maintain a loan-to-value ratio of 20% or below.

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