April 22 , 2022
950 days
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- 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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