We’re proud to congratulate our client BitPay on its launch of the BitPay Card, the first Mastercard Prepaid card for crypto users in the United States. The card, which is powered by Galileo, enables customers to instantly convert cryptocurrency into fiat currency, which is then loaded onto the card and can be spent anywhere Mastercard debit is accepted around the world. Customers also can use their cards for purchases and to withdraw cash from ATMs.
Galileo CEO Clay Wilkes commented on the announcement saying, “We’re honored that BitPay is using Galileo’s flexible APIs to power its BitPay Card, making it easy for customers to pay for purchases through the conversion of cryptocurrency into fiat currency and spend wherever Mastercard debit cards are accepted.”
BitPay is a pioneer in bitcoin and blockchain payments. Its products enable businesses to send and receive cross-border payments, also enabling consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars with the major network branded reloadable cards. The company has offices in North America, Europe and South America.
Click here for more on Galileo’s support of cryptocurrency products.
Read the full story from BitPay by clicking here.
Your Loyalty Program Might Be Ignoring Your Best Customers
For decades, most loyalty programs were built around credit cards. That alignment made sense at a time when revolving credit was the primary lens through which loyalty and rewards were structured. But consumer payment behavior has changed, and Gen Z is making that shift especially visible.
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Southwest and Galileo Bring Rewards to Debit’s Doorstep
Galileo’s platform integrates issuing, processing, and program management so non-financial brands like Southwest can launch co-branded cards faster. The economics of debit rewards differ from credit, but Galileo CFO Bill Kennedy said technology efficiencies and deeper loyalty make the model sustainable.
United Airlines Launches MileagePlus Debit Rewards Card that Earns Miles for Spending and Saving
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Southwest Airlines, powered by Galileo (SoFi’s tech platform), has launched the Rapid Rewards Debit Card
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