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View 2 more stories. There are no restrictions on how much a customer can spend or withdraw from the open credit line and interest is only paid on the amount of credit actually used. Electronic money firm DiPocket is Nexo's card issuer.
The U. Skip to main content. Exclusive news, data and analytics for financial market professionals. Read Next. Future of Money category Cryptoverse: Bitcoin miners get stuck in a bear pit , article with video September 27, Future of Money category Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown , article with video September 13, Future of Money category Cryptoverse: Blockchain bridges fall into troubled waters , article with gallery August 11, Image: Reuters A credit card is seen in front of displayed Master Card logo.
Most traditional credit cards are unsecured and have a set credit limit. There are no restrictions on how much a customer can spend or withdraw from the open credit line and interest is only paid on the amount of credit actually used. Share article. Tags: MasterCard Crypto Nexo. Related Posts. SA currently in a state of two national disasters: floods and electricity 16 February , PM. Next Post. Most Viewed.
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WebApr 16, ï¿½ï¿½ Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday what it calls the world's first "crypto-backed" . WebApr 13, ï¿½ï¿½ LONDON (Reuters) ï¿½ Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday what it calls the worldï¿½s first . WebApr 13, ï¿½ï¿½ April 13, ï¿½ Nexo, the leading regulated institution for digital assets, today officially launched the Nexo Card, a first-of-its-kind crypto-backed Mastercard .