October 26, 2022 | 2 min read
Marqeta teams up with Blockchain.com to power their Visa® Card
We’re proud to announce that we’re working with Blockchain.com, one of the world’s most trusted and popular platforms to buy, sell, and trade crypto, to power the Blockchain.com Visa® Card. The Blockchain.com Visa Card will enable cardholders to pay from their crypto or cash balance wherever Visa debit cards are accepted, while earning 1% back in crypto on all purchases.
“Blockchain.com is committed to making crypto more accessible for anyone, anywhere, and our new debit card is a major step forward in supporting this vision,” said Peter Smith, CEO and Co-founder of Blockchain.com. “We’re proud to offer our cardholders a truly seamless spending and rewards experience – the same trusted, superior experience that we’ve provided for over a decade to our 80 million customers worldwide – made possible with the help of Marqeta’s flexible APIs and payments expertise.”
Our industry-leading Just-in-Time Funding feature allows the Blockchain.com team to create card products from their cryptocurrency wallet, making authorization decisions at the point of sale based on a user’s available cryptocurrency balance and funding transactions in fiat currency. In addition, our open APIs allow its customers to build customizable experiences, easily integrating with other apps and offering visibility and transparency through real-time notifications and monitoring powered by webhooks. The crypto rewards are made possible through our real-time transaction data, and enable customers to earn crypto back on all of their purchases.
The waitlist for the Blockchain.com Visa card is currently open to customers in the US. For more information and to join the waitlist, please click here.