Wallet
Wallet

Rêv USA, has announced the expansion of its X World Wallet, an app-based multi-currency debit account combining a loyalty program, a travel bookings portal & discounts, with an integrated global sustainability initiative, across the US market. 

The offering is linked to physical and digital Visa cards that can be added to Apple, Google, and Samsung Pay digital wallets, as the firm places a heightened emphasis on convenience within the payment journey. 

Roy Sosa, CEO of Rêv USA’s parent company, Rêv Worldwide, stated: “In a world of high-interest rates, we purposely built a proprietary loyalty program on a debit platform so customers could earn maximum rewards without the burden of high annual fees and interest charges that too often accompany affinity credit cards.

“We are proud of the value The X World Wallet provides for customers. In a world of high-interest rates, we purposely built a proprietary loyalty program on a debit platform so customers could earn maximum rewards without the burden of high annual fees and interest charges that too often accompany affinity credit cards.”

The growth comes amid a backdrop of a nationwide consumer spending report by Visa and Mastercard, which detailed that digital payments soared during the pandemic and continue to grow in popularity globally.

Furthermore, it’s also driven in part by new fintech products offering easy to enroll, mobile centric, plug-and-play services – as the trend of increased engagement within contactless payments continues to elevate in a bid to navigate the spread of COVID-19. 

The availability of The X World Wallet in the US marks a homecoming for Rêv’s founders, with the duo also founding prepaid debit industry specialists, Netspend. Rêv has focused the past years primarily on delivering payment products in foreign markets, including Europe, Australia, Brazil and the Middle East.