The Block|Sep 01, 2026 19:27
THE BLOCK: Users of Robinhood Wallet and Fomo can buy memecoins with credit cards via Apple Pay or Google Pay — without a separate ID check. The kicker? Our test transactions were classified as "digital goods media" and earned points or cash back.
Chase told The Block that earning credit card points on a memecoin purchase violates their terms and opened a case with Visa. Crossmint, which powers the transactions, has defended their approach.(The Block)
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