The card is a Mastercard, meaning that you can use the card at any point of payment that accepts Mastercard. This is of course a great advantage, seeing that Mastercard (and VISA) are the most accepted cards in the world. On the Nexo website, they state that the card is accepted by more than 40 million merchants worldwide.
The card has support for a number of different cryptocurrencies. Also, it supports the EUR fiat currency. The card in other continents support other fiat currencies as well.
The Nexo Card also offer something very interesting: a cashback feature. What is a cashback feature? Well, it's actually quite simple, every time you use the card, a percentage of what you pay with the card gets transferred back to you. Either in the form of NEXO Tokens, or as Bitcoin. You can choose yourself in which crypto you want your cashback to be paid out. a certain form you have selected. And the percentage is 2.00%!
Nexo are very keen on informing how seriously they take their security. The Nexo company states that they are equipped with "military-grade 256-bit encryption". But not only that, they also proudly that they have "24/7/365 fraud monitoring mechanisms", all in order to ensure the safety of its users' funds.
