The future of cashback: Companies adopt cryptoback rewards for card purchases

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You've heard of cashback. Now, companies lke Venmo and BlockFi are implementing the same concept with crypto by offering cryptoback rewards for card purchases.

Some companies started to follow the trend and integrated new crypto rewards using the old cashback mechanics. Here are two projects that provide crypto rewards for card purchases.

Payments platform Paystand recently announced the introduction of a corporate expense card that offers crypto rewards. With the card, businesses can get Bitcoin back without needing to redeem points, and they earn BTC automatically as they make purchases.

 

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