Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil
Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market and hinted at a possible direct integration of bitcoin in payments. Visa Gears Up for Crypto Integration in Brazil Credit card giant Visa has announced it plans to integrate cryptocurrency solutions into traditional banking platforms. Eduardo Abreu, Visa’s vice president of new....
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Visa Brazil exec outlines plans for implementing crypto assets such as Bitco onto the payments platform. In a recent interview with local Brazilian news outlet Seu Dinheiro, Eduardo Abreu, Vice President of new business at payments giant Visa, revealed the company's intentions to integrate crypto assets onto its platform for both payments and as a store of value, including the leading cryptocurrency Bitcoin (BTC).Back in March 2021, Visa’s CEO of Brazil, Fernando Teles, introduced the concept of adopting tokenized payments, as well as an application programming interface (API) designed to....
Visa is piloting a new system to enable banks to seamlessly integrate crypto features. Using Visa’s crypto APIs, banks can offer a number of cryptocurrency services to their customers, including the buying, trading, and custody of bitcoin. Visa announced Wednesday a partnership with First Boulevard, a digitally native neobank focused on serving the Black community. The bank will be the first to pilot Visa’s new suite of crypto APIs. “As part of the initial pilot program, Visa plans to enable First Boulevard to connect to infrastructure provided by Visa’s partner,....
Santander, one of the biggest banking institutions in the world, has announced it will start offering cryptocurrency services in Brazil. Its CEO, Mario Leão, made the announcement in an interview with local media, stating that the company was still seeking the best way of getting into the cryptocurrency services market. Other banks and fintech organizations are already offering crypto services in the country.
Santander to Start Offering Crypto Services in Brazil
Santander, one of the biggest financial institutions in the world, serving more than 153 million customers, has....
Visa is working with Anchorage to allow customers at traditional banks to "buy and sell digital assets such as Bitcoin."
Visa is working on a blockchain-based solution for cross-border, business-to-business exchange called Visa B2B Connect. Cross-border payments between businesses is a complex market that is fraught with problems but is lucrative nonetheless, a potential that Visa seems eager to tap into. Visa Unveils its Collaborative Project. Visa, in collaboration with tech start-up, Chain Inc., unveiled the project on October 21, 2016. Chain, a startup that Visa happens to be an investor in, has also worked with Google, Salesforce, Microsoft, Square, and among others in the past. Visa B2B Connect seems....