Voyager Digital Announces the Voyager Debit Mastercard® (2024)

News provided by

Voyager Digital (Canada) Ltd.

16 Nov, 2021, 09:05 ET

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 thatpays up to 9% annual rewards to Voyager customers, as well as additional rewards for Voyager Loyalty Program members.

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"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 forMetropolitan 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 theNew Yorkmetropolitan area. Founded in 1999, the Bank is headquartered inNew York Cityand operates six locations inManhattan,BrooklynandGreat 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 aNew York Statechartered commercial bank and aFederal Reserve Systemmember bank whose deposits are insured up to applicable limits by theFederal Deposit Insurance Corporation, and an equal opportunity lender. For more information, please visitwww.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
[emailprotected], 484-686-6600

The TSX has not approved or disapproved of the information contained herein.

SOURCE Voyager Digital (Canada) Ltd.

Voyager Digital Announces the Voyager Debit Mastercard® (3)

Related Links

https://www.investvoyager.com/

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As an expert in the field of cryptocurrency and blockchain technology, I can confidently analyze and provide insights into the key concepts mentioned in the article about Voyager Digital Ltd. and its latest offering, the Voyager Debit Mastercard.

Voyager Digital Ltd.: Voyager Digital Ltd. is a publicly traded cryptocurrency platform based in the United States. Established in 2018, the company aims to bring choice, transparency, and cost efficiency to the crypto marketplace. Voyager facilitates secure trading of over 60 different cryptocurrencies through its user-friendly mobile application. Additionally, it provides a unique opportunity for users to earn rewards, offering up to 12% annual rewards on more than 30 cryptocurrencies.

Voyager Debit Mastercard: The Voyager Debit Mastercard is a groundbreaking product introduced by Voyager Digital Ltd. This debit card is the first of its kind in the crypto space, offering users the ability to earn up to 9% annual rewards. What sets it apart is its integration with the USD Coin (USDC), a stable coin pegged 1-to-1 to the US dollar. This integration provides users with a predictable and rewarding way to hold and convert crypto for everyday payments.

Key features of the Voyager Debit Mastercard include:

  1. Instant Spending: Cardholders can instantly spend their crypto assets, with seamless and automatic conversion of USDC to fiat currency to transact on the Mastercard network.
  2. No Annual Fees: Users benefit from no annual fees and no lock-up of assets to earn rewards.
  3. Up to 9% Annual Rewards: Users receive annual rewards of up to 9% on all USDC holdings of $100 or more, paid monthly.
  4. Voyager Loyalty Program: Members of the Voyager Loyalty Program can enjoy additional rewards, totaling up to 10.5% annually on USDC, depending on their tier, along with extra crypto back on debit card purchases.
  5. Integration with Voyager App: The debit card balances and transactions seamlessly integrate within the Voyager app for user convenience.
  6. Personal Routing and Account Number: Each card comes with a personal routing and account number for direct deposit and bill pay.
  7. ATM Access: Cardholders have anytime access to their assets via ATMs.

Partnerships: Metropolitan Commercial Bank (NYSE: MCB) serves as the issuing bank for the Voyager Debit Mastercard, while Usio, Inc. (Nasdaq: USIO) acts as the program manager and processor.

User Engagement and Growth: Voyager's recent milestones, such as surpassing 1 million funded accounts and a significant increase in registered users, reflect the growing interest and trust of consumers in the expanding crypto finance platform. This momentum positions Voyager well for continued growth in the cryptocurrency space.

In conclusion, Voyager Digital Ltd.'s innovative approach with the Voyager Debit Mastercard, coupled with strategic partnerships and substantial user growth, solidifies its position as a leading player in the dynamic and evolving cryptocurrency landscape.

Voyager Digital Announces the Voyager Debit Mastercard® (2024)
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