Walmart Enables Crypto Cashback On Purchases

By RTTNews Staff Writer | Published: 8/17/2020 10:36 AM ET

Retail giant Walmart has enabled cashback in cryptocurrencies for their shopping customers in partnership with blockchain-powered gamified shopping loyalty platform StormX.

Users of the platform can earn up to 4 percent in crypto cashback while shopping online from Walmart stores. Diamond members of StormX are eligible to receive up to 14 percent on most purchases. It has added Walmart cashback to its incentives.

Walmart is one of over 650 partner stores integrated with StormX, making it the only platform of its kind offering crypto cashback for Walmart purchases. Walmart joins stores such as Microsoft, eBay, Nike, Adidas, Target, Dell and Samsung, with reward percentages varying between merchants.

StormX has until now paid out more than $2 million in rewards to over one million users. With the pandemic a surge in ecommerce and growing demand for digital assets, StormX has on boarded a wave of new users seeking exposure to the cryptoconomy.

The StormX platform is available as an Android and iOS mobile app, as well as a Google Chrome extension. StormX includes a non-custodial wallet for storing assets like BTC, ETH, LTC, and the native STMX token.

"As the only crypto cashback program for Walmart worldwide, we are confident that users will take advantage of the rewards program to earn their favorite cryptocurrency while shopping at their favorite retailer," said StormX CEO Simon Yu.

StormX said its members can deposit their STMX tokens in the app to earn even higher crypto cash back rewards with their highest level members earning up to 14 percent at Walmart.

StormX is a gamified microtasks platform that enables members to shop online and earn up to 87.5 percent crypto back.

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Article written by an RTT News Staff Writer, and posted on the RTT News.com website.

Article reposted on Markethive by Jeffrey Sloe

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