Overview
- Lolli partnered with commerce network Kard to pay Bitcoin automatically on eligible purchases at thousands of merchants, with rewards sent to users’ Lolli wallets.
- Users link their existing Visa or Mastercard inside the Lolli app through Plaid, then qualifying transactions earn BTC without browser extensions or promo codes.
- Earned Bitcoin can move over the Lightning Network for near‑instant withdrawals through Lightspark or be spent within Thesis’s Bitcoin services such as Bitrefill.
- The rollout covers more than 600,000 Lolli accounts, with reported rewards averaging about 7% and reaching up to 30% at some merchants.
- The model uses the cards people already carry, which lowers the barrier compared with crypto‑branded cards like Fold’s, while moves from players such as Revolut point to rising competition in crypto rewards.