The Voyager Debit Mastercard is the first
crypto-based debit card that pays up to 9% annual rewards, and even
more for Voyager Loyalty Program members
TSX: VOYG
OTCQX: VYGVF
Borse Frankfurt: UCD2
NEW YORK, Nov. 16, 2021 /PRNewswire/ - Voyager Digital
Ltd. ("Voyager" or the "Company") (TSX: VOYG) (OTCQX: VYGVF)
(FRA: UCD2), one of the fastest-growing, publicly traded
cryptocurrency platforms in the United
States, today announced the launch of the Voyager Debit
Mastercard, the first crypto-based debit card that pays up to
9% annual rewards to Voyager customers, as well as additional
rewards for Voyager Loyalty Program members.
"With the Voyager Debit Mastercard, we continue to lead the
future of finance by giving Voyager customers the benefit of
earning rewards while instantly being able to spend their crypto on
everyday purchases with the convenience of a debit card," said
Steve Ehrlich, CEO and co-founder of
Voyager. "By basing our debit card on the USD Coin
(USDC), 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, while offering Voyager Loyalty
Program members additional rewards."
The Voyager Mastercard enables cardholders to instantly spend
their crypto assets, seamlessly and automatically converting
USDC to fiat currency in order to transact on the Mastercard
network. Additional 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—this means USDC
holders receive crypto back (additional USDC) in their Voyager
accounts, based on their average monthly balance.
- seamless integration of debit card balances and transactions
within the Voyager app.
- a personal routing and account number for direct deposit and
bill pay, for each card.
- anytime access to assets via ATMs.
- additional rewards totaling up to 10.5% annually on USDC for
Voyager Loyalty Program members, depending on the tier, as well as
additional crypto back on debit card purchases.
Starting today, consumers can pre-register for the Voyager Debit
Mastercard through www.investvoyager.com/debitcard.
Launch of the Voyager Debit Mastercard follows the announcement
on November 10, 2021 that the company
surpassed 1 million funded accounts, increasing funded accounts by
2,225% in just over ten months. In addition, Voyager announced
registered users at 2.7 million, up from 1 million announced on
April 6, 2021. This strong momentum
demonstrates that consumers in the US are drawn to
Voyager's expanding crypto finance platform and that
the company is the well positioned for continued growth.
Metropolitan Commercial Bank (NYSE: MCB) is the issuing bank and
Usio (NASDAQ: USIO) will act at the program manager and processor
for the Voyager Debit Mastercard.
About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX:
VOYG; OTCQX: VYGVF; FRA: UCD2) is a fast-growing, publicly traded
cryptocurrency platform in the United
States founded in 2018 to bring choice, transparency, and
cost efficiency to the marketplace. Voyager offers a secure way to
trade over 60 different crypto assets using its easy-to-use mobile
application, and earn rewards up to 12 percent annually on more
than 30 cryptocurrencies. Through its subsidiary Coinify ApS,
Voyager provides crypto payment solutions for both consumers and
merchants around the globe. To learn more about the company, please
visit https://www.investvoyager.com.
About Metropolitan Commercial Bank
Metropolitan Bank
Holding Corp. (NYSE: MCB) is the holding company
for Metropolitan Commercial Bank. The Bank provides a broad
range of business, commercial and personal banking products and
services to small and middle-market businesses, public entities and
affluent individuals in the New York metropolitan area.
Founded in 1999, the Bank is headquartered in New York
City and operates six locations
in Manhattan, Brooklyn and Great
Neck, Long Island. The Bank provides banking-as-a-service to
its fintech partners, which includes serving as an issuing bank for
third-party debit card programs nationwide. The Bank is a New
York State chartered commercial bank and a Federal
Reserve System member bank whose deposits are insured up to
applicable limits by the Federal Deposit Insurance
Corporation, and an equal opportunity lender. For more information,
please visit www.mcbankny.com
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading
FinTech integrated payment solutions provider, offers a wide range
of payment solutions to merchants, billers, banks, service bureaus,
crypto exchanges and card issuers. The Company operates credit,
debit/prepaid, and ACH payment processing platforms to deliver
convenient, world-class payment solutions and services to its
clients. The strength of the Company lies in its ability to provide
tailored solutions for card issuance, payment acceptance, and bill
payments as well as its unique technology in the prepaid sector.
Usio is headquartered in San Antonio,
Texas, and has offices in Austin,
Texas and Franklin,
Tennessee, just outside of Nashville. Websites:
www.usio.com, www.payfacinabox.com, www.akimbocard.com and
www.usiooutput.com. Find us on Facebook® and Twitter.
Usio Press and Investor Contact: Joe
Hassett, Investor Relations
joeh@gregoryfca.com, 484-686-6600
The TSX has not approved or disapproved of the information
contained herein.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/voyager-digital-announces-the-voyager-debit-mastercard-301425484.html
SOURCE Voyager Digital (Canada)
Ltd.