At the Consensus Conference in Austin, Mohammed Badi, President of Global Network Services at American Express, announced the “Abra Crypto Card” for the American Express Network.
Abra’s new integrated NFT wallet feature, “Abra Crypto Card”, will enable easy access to a variety of NFT marketplaces, making it seamless for American Express clientele to buy and sell NFTs. Additionally, the Abra Crypto Card will be the first crypto rewards credit card on the American Express network that will transact in U.S. dollars and offer crypto rewards, such as Bitcoin.
Clients will be able to use the Abra Crypto Card to earn crypto back on any purchase category and amount. The crypto rewards will be tradable across over 100 different cryptocurrencies supported by Abra with no annual or foreign transaction fees.