back Back

Netcoins launches Netcoins Pay – a bitcoin rewards prepaid card

By Edlyn Cardoza

December 13, 2021

  • BIGG Digital Assets
  • Bitcoin
  • Blockchain Intelligence Group
Share

BIGG Digital Assets, Netcoins, Canada, Blockchain Intelligence Group, Risk-Scoring, Data Analytics, Netcoins Pay, Prepaid Card, Bitcoin, KOHO, CAD, Interac e-TransfersBIGG Digital Assets Inc., owner of Netcoins, the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group, a leading developer of blockchain technology search, risk-scoring and data analytics solutions, recently announced the launch of Netcoins Pay, a prepaid card that enables users to draw from their Canadian dollar balance within the platform, and earn bitcoin back with every purchase they make on it.

​​Mark Binns, Netcoins CEO, remarked “We’re proud to have partnered with KOHO for this card. KOHO’s experience in working in this product category has been invaluable to us and we love that they also strive to equip all Canadians with control over their finances in an accessible and transparent manner.”

Netcoins Pay makes it easy for users to grow their bitcoin holdings through their everyday spending. Within the platform, users will be able to keep track of their Netcoins Pay transactions and rewards. All rewards will be earned in CAD and automatically converted into bitcoin at set intervals by the platform.

Netcoins Pay will have the following features:

  • Earn 3% bitcoin back for the first 3 months
  • Earn 1% bitcoin back after that point
  • No monthly or annual account fees
  • Easy top up and funding via Interac e-Transfers or bank wires
  • Apple Pay and Google Pay support
  • A choice of a virtual and/or physical card

“Netcoins Pay offers new and existing users yet another way to acquire bitcoin easily. It also acts as an excellent customer acquisition and engagement tool for us as a company, helping to foster activity within the Netcoins ecosystem.” said Binns.

Recently, IBS Intelligence reported that BIGG Digital Assets Inc., the owner of Netcoins, the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, recently announced the hiring of Ankit Anne as Director of Strategy & Operations, effective immediately.

Previous Article

December 13, 2021

The Arab Monetary Fund announces an MoU with Mastercard

Read More
Next Article

December 13, 2021

5 RegTech companies to watch out for in 2022

Read More






IBSi Daily News Analysis

June 21, 2024

BIGG Digital Assets

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 08, 2024

Revolut debuts crypto trading platform for professional traders

Read More

April 24, 2024

Network International receives SVF licence from UAE Central Bank

Read More

April 22, 2024

Midas raises $45m to roll out crypto, mutual fund & savings account products

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023