Visa Launches Bitcoin and Crypto Enabled Cards in Latam
Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto cash back through different fintech partners in the region. Visa Provides Fintech Partners With Crypto-Enabled Cards More global payment companies are taking an interest in mixing conventional fiat payments with more advanced solutions like cryptocurrencies. Visa, one of the leading....
Related News
Cryptocurrency debit and credit card offerings in Latam are thriving, as two exchanges in the area are planning to launch their crypto-enabled cards. Ripio, the Argentina-based exchange, and Bitso, a Mexican exchange, both announced the future launch of their cards, in partnership with Visa and Mastercard respectively, as an answer to the rise of the popularity of crypto in the region. Crypto Cards Galore in Latam The separation of the crypto market and the traditional banking world is disappearing, as more and more banking institutions are adopting crypto and offering crypto services to....
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. “At Visa, we believe that digital currencies will have a lasting impact on the future of financial services and money movement,” said a Visa executive.
Visa and FTX Launching Crypto Debit Cards in Over 40 Countries
Visa announced Friday “a long-term global partnership” with West Realm Shires Services Inc. and FTX Trading Ltd. to roll out crypto debit cards in more than 40 countries. The two companies are behind cryptocurrency....
The partnership lets FTX exchange users in 40 countries easily spend their bitcoin and cryptocurrencies at any merchant that accepts Visa cards.
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt Support for Bankoff Cards Payment processors Visa and Stripe have halted services for cards issued by Bankoff, the online banking platform informed clients on Tuesday, May 3. In a notice, a copy of which was posted on social media, the company explained that the suspension was due to the....
Sam Bankman-Fried, CEO of FTX, believes that the future of crypto is bright in Latam. In a recent interview, Bankman-Fried recognized the rising adoption and demand that cryptocurrencies are experiencing in Latam, stating that use is expected to grow for remittances and payments in the future.
Sam Bankman-Fried Talks Crypto in Latam
Latam is one of the areas globally that has become a cryptocurrency adoption hotbed due to its particular traits and circumstances, and the crypto industry is starting to notice. Sam Bankman-Fried, CEO of FTX and one of the richest men in crypto, has....