Visa Expands Crypto Payments Network with New Partnership
18.09.2024 15:30 1 min. read Alexander Zdravkov
Visa is expanding its crypto payment capabilities through a new partnership with Singapore’s dtcpay.
This collaboration will integrate dtcpay’s digital payment solutions into Visa’s global network, which spans over 130 million merchants in 200 countries.
As part of this partnership, Visa will launch the ‘dctpay Visa Infinite’ card, allowing users to convert digital assets into fiat currencies for card use. The agreement aims to enhance payment options for high-net-worth individuals, businesses, and general consumers, integrating crypto payments into mainstream financial systems.
Visa’s Singapore Manager, Adeline Kim, emphasized that this move highlights Visa’s dedication to advancing payment technologies. Dtcpay’s CEO, Alice Liu, noted that the partnership helps bridge the gap between digital and traditional finance.
This collaboration follows Visa’s recent crypto-related ventures, including partnerships with Swiss hardware wallet maker Tangem and digital asset-linked debit card provider Gnosis Pay.
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