Cardless announced the launch of its embedded credit card platform allowing brands to build custom credit card programs.
Coinbase is the first partner using this platform to introduce the Coinbase One Card for loyalty members.
The solution enables brands to control their financial relationships with customers and move away from traditional co-branding arrangements.
Cardless offers custom credit card programs through API-based platform, underwriting, and servicing workflows.
The platform empowers brands to launch and manage customizable card programs with full user experience control.
Cardless simplifies card issuance, compliance, customer support, and capital markets through rapid deployment capabilities and pre-built flows.
By personalizing rewards and loyalty features, brands can drive increased engagement, application volumes, conversion rates, and customer retention.
The embedded credit card platform by Cardless eliminates the need for brands to become a bank or engage in complex M&A deals to offer a differentiated credit card.
Coinbase One Card waitlist has been launched with rewards up to 4% back in bitcoin on every purchase.
The Card, powered by the American Express network, offers crypto-native rewards, everyday usability, and access to American Express experiences.
Coinbase aims to increase economic freedom with this customized and secure card product built in partnership with Cardless.