The Volta crypto card is a problem solver even in its most basic form. Until such a thing came along, anyone investing in crypto might build up some valuable assets, but be extremely restricted in how they could use the wealth generated.
With a card that can now pay for things in crypto to any vendor accepting this as payment, a door was opened. The ability to convert it into the fiat currency of any jurisdiction opens the door a lot wider – and in many different countries too.
All of a sudden, it is possible for people to use their crypto like others would use a Visa card attached to their own fiat currency bank account, with the added bonus that there are no currency exchange charges involved.
Open The Door To Deals And Discounts
That fact highlights a point that users may swiftly find; this is not just opening a few doors that were previously closed, but a whole room full of wonders on the other side, many of which are not available to those using fiat currency credit cards. The lack of currency exchange charges is just one of them.
You may have already read about some of the benefits that can come from owning a Volta Card. The list of rewards, for instance, includes a whole range of luxury hotel stays you can pay for in crypto chains like Hilton, Sheraton, Waldorf Astoria, Marriott, Ritz Carlton and Hyatt to name just some.
Hotels have certainly been in the vanguard of accepting crypto, alongside a lot of luxury item sellers. Watches, jewellery and cars are among the things you can buy this way.
However, our specific deals with several hotel chains are partner deals, which means you can get all kinds of bonuses and discounts.
Just as important, however, is to note that there is so much more we offer in the way of partnerships that can get you special deals on a wide range of goods and services – and there will be more to come as time goes on and the use of crypto spending becomes ever more common.
100,000 Partners And Growing
Our vision is of a card that is used at 100,000 different retailers and partners – and more to come. One that can be used to buy items from biog-name tech giants like Apple and Samsung, fashion market leaders Adidas and Gucci, or mainline grocery retailers like Amazon and Asda/Walmart. You may even pay for taxi rides with Uber this way.
These will just be some of the biggest names in a vast array of firms we partner with around the globe. Indeed, there may come a point before too long where it will be easier to list the companies that you can’t buy from with crypto.
Perhaps your local takeaway that insists on cash payments or a small shop in the local high street will fall into such a category. That’s fine; crypto isn’t for everyone. But for those who understand it, a whole new world of possibilities arises.
You may ask why this would be so. But one only has to look at the other means of making purchases that have arisen over time. Once it was all cash. Then cheques added a new way. But in an electronic age, the use of cashless debit and credit payments has risen to a new level, with online payments and contactless use in stores coming to the fore.
What crypto has done is take things a step further, by providing another means of payment instead of fiat currency, enabling what is legally (for tax purposes) classed as an asset in the same way as stocks and shares to be used as a method of payment, a virtually unique combination of investment asset and means of carrying out transactions.
Where Next For Rewards?
Of course, existing credit cards that use fiat currency have plenty of deals and discounts of their own, which is part of the reason we do the same. But the Volta Card is designed to go further, to help ease more people into a world where crypto will gradually make the transition from novelty to normality.
This is why we offer extra points and rewards simply for undertaking crypto-related actions to get you going in the first place, such as downloading the app, creating an account, setting up trustlines, validating emails and making swaps, as well, of course, as recommending a friend to help expand the revolution.
Nobody can say how far and how fast the expansion of crypto as an increasingly mainstream method of payment will go. But as the roll-call of partners gets larger and larger, there is no doubt that it is here to stay.