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New Mastercard Card Offers Free XRP

source-logo  u.today  + 2 more 25 February 2021 16:00, UTC
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Digital identity platform GlobaliD has introduced a first-of-its-kind $XRP debit card that will soon become available in the U.S.

The first 1,000 people who join the waitlist will be able to earn up to five percent back in $XRP rewards on the first $10,000 spent at over 10.7 million merchants supported by Mastercard. The next batch of 2,000 sign-ups will earn four percent "cashback" while the rest will have to settle for two percent.

It will be possible to convert these rewards into a slew of fiat and digital currencies via Uphold-powered GlobaliD Wallet.

Ripple is not involved

As reported by U.Today, GlobaliD became part of the PayID Open Payments Coalition back in June 2020, together with Ripple, Brave and others.

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Neither Ripple nor the $XRP Ledger Foundation is affiliated with the most recent initiative.

u.today

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