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Seeking Alpha 2021-11-16 14:29:45

Voyager Digital introduces crypto-based debit Mastercard based on USD Coin

Voyager Digital (OTCQX:VYGVF) launches a crypto-based debit Mastercard (NYSE:MA) that will pay up to 9% annual rewards to Voyager customers and additional rewards for members of its loyalty program. "By basing our debit card on the USD Coin (USDC-USD), a stable coin priced 1-to-1 to the US dollar, we are offering customers a predictable and rewarding way to hold and easily convert crypto for payments," said Voyager co-founder and CEO Steve Ehrlich. The debit card features include: no annual fees and no lock-up of assets to earn rewards; annual rewards of up to 9% on all USDC holdings of $100 or more paid monthly; integration of debit card balances and transactions within the Voyager app. Metropolitan Commercial Bank (NYSE:MCB) is the issuing bank, and Usio (NASDAQ:USIO) will act as the program manager and processor for the Voyager (OTCQX:VYGVF) Debit Mastercard. Earlier this month, Voyager Digital (OTCQX:VYGVF) surpassed 1M funded accounts

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