Yugocean
Valued Contributor
New York base "American Express," the renowned multinational payment card corporation, has partnered with "Abra," a cryptocurrency financial and technology services company based in California.
The cooperation was revealed on Friday, June 10 (Friday) during the Cryptocurrency Conference in Austin, Texas. According to the agreement, American Express will offer a new credit card this year that will have Abra features.
Arba's Crypto Perks (CPRX), a new ERC 20 token, and other cryptocurrencies will be rewarded to users of the new card who transact in US dollars. However, in order to be eligible for the reward, cardholders must first register with Abra and apply for a credit line.
About the other digital assets to be awarded in the prize have not yet been announced by either of the companies; However, those crypto rewards can also be traded with over 100 Abra supported digital assets, without paying any annual or foreign transaction fees, thus this indirectly allows user to choose the preferred cryptocurrency.
The cooperation was revealed on Friday, June 10 (Friday) during the Cryptocurrency Conference in Austin, Texas. According to the agreement, American Express will offer a new credit card this year that will have Abra features.
Arba's Crypto Perks (CPRX), a new ERC 20 token, and other cryptocurrencies will be rewarded to users of the new card who transact in US dollars. However, in order to be eligible for the reward, cardholders must first register with Abra and apply for a credit line.
About the other digital assets to be awarded in the prize have not yet been announced by either of the companies; However, those crypto rewards can also be traded with over 100 Abra supported digital assets, without paying any annual or foreign transaction fees, thus this indirectly allows user to choose the preferred cryptocurrency.
