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KuCoin's Visa Debit Card Adds Multi-Card Support

source-logo  financemagnates.com 05 July 2024 14:00, UTC

KuCoin's Visa debit card KuCard has added support for multiple virtual and physical cards starting July 1, 2024, the company announced today (Friday). This latest offering will enable users to manage multiple cards and access a cashback program.

Eying Flexibility in Personal Finance

KuCard promises enhanced financial flexibility for personal use, managing family expenses, or keeping separate cards for different spending categories. This feature reportedly allows for enhanced budgeting, improved expense tracking, and easier access to funds. Additionally, users can access KuCard's crypto-to-fiat conversion and cashback rewards.

To mark this launch, KuCard has reportedly unveiled a limited-time offer ending on July 7, whereby users can apply for a second virtual card for free or a second physical card for EUR 9.99. This promotion is reportedly available on a first-come, first-served basis.

Launched in November 2023, KuCard is a Visa debit card that simplifies financial transactions by automatically converting cryptocurrencies into local currency at the point of sale. The platform recently introduced cashback programs offering up to 3% on purchases for all cardholders.

KuCard is compatible with Google Pay and Apple Pay and can be used anywhere Visa is accepted. Initially available in the European Economic Area (EEA), the card aims to promote the adoption of blockchain technology by enabling users to use their cryptocurrency for everyday purchases, online shopping, and ATM withdrawals.

Expect ongoing updates as this story evolves.

financemagnates.com