The digital currency platform Uphold has now released a debit card for consumers in the United Kingdom that offers rewards in XRP at rates up to 4%, the highest in the industry.

The Uphold Card is great for international use because it doesn’t have any hidden fees for transactions in currencies other than British pounds. The card’s rollout in the United States will begin this coming week, and it will be complete by the end of the month. [2]

There are no domestic or international transaction or membership fees because rewards are accumulated in GBP (UK) or USD (US) and rewarded in XRP.

Customers may quickly and easily exchange their Bitcoin, Ethereum, Litecoin, and other cryptocurrencies into US Dollars or British Pounds using the Uphold app. The card then enables the user to make purchases directly from their bank account at any location accepting MasterCard.

The digital version of the card can be used at point-of-sale terminals and at MasterCard ATMs all over the world to make purchases and cash withdrawals, respectively. The physical card will be released later this year. The card is compatible with Apple PayTM and Google PayTM and works right out of the box with Uphold’s existing wallet.

Source: Prnewswire