Web3
Chase Challenges Robinhood Memecoin Credit Card Rewards
TokenPost·September 2, 2026·1 min read
JPMorgan Chase raised concerns with Visa over how credit card purchases of Robinhood-linked memecoins are categorized, potentially putting rewards at risk. Reported tests involving dogwifhat (WIF) purchases were processed under MCC 5815, allowing normal rewards, which may violate Visa rules requiring crypto purchases to carry specific codes.
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