Author: admin

📉 Understanding Crypto Collateralization: What Happens When the Market Drops?

What happens to your crypto-collateralized credit line when the market drops? This article breaks down how LookCard+ Visa protects your account during volatility, the difference between stablecoin vs. volatile asset collateral, and what risk controls are in place to keep your credit safe — even in a downturn.

💳 Why Is My Credit Card Outstanding Balance Negative? It’s Not a Mistake—Here’s What It Means

If you’ve ever reviewed your credit card account and noticed that your outstanding balance appears as a negative number, you may find it puzzling: “I’ve made purchases—so why does it look like I have money in the account instead of a balance due?” “I’ve made payment to my credit card-why my outstanding balance shows negative […]

Why Your Credit Card Statement Balance Doesn’t Change After Payment – And What It Really Means?

  If you’ve ever wondered why your credit card statement balance remains unchanged after you’ve made a payment, you’re not alone. This is a common point of confusion for many cardholders. The key lies in understanding the difference between your statement balance and your outstanding balance. Statement Balance: A Snapshot in Time The statement balance is the total amount you owed […]

SUSPENSION OF DORMANT CARD ACCOUNTS

Dear Valued Users, We would like to bring to your attention an important update regarding our card account management policy. In line with our commitment to maintaining the highest standards of account security and operational efficiency, please be advised that: Any card application that has been approved but remains unactivated, or any account that has […]

Stablecoins at Work: From Corporate Payroll Yield to Personal Credit Lines with LookCard

The Evolving Landscape of Digital Asset Utilization The recent announcement by Franklin, a hybrid cash and crypto payroll provider, to launch its Payroll Treasury Yield initiative marks another significant step in the financial industry’s adoption of blockchain technology. By enabling firms to earn returns on idle stablecoin-denominated payroll reserves through DeFi lending protocols like Summer.fi, […]