Home » FinTech » Visa Expands Crypto Payments Network with New Partnership

Visa Expands Crypto Payments Network with New Partnership

18.09.2024 15:30 1 min. read Alexander Zdravkov
SHARE: SHARES
Visa Expands Crypto Payments Network with New Partnership

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.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

Telegram

SHARE: SHARES
More FinTech News
No Comments yet!

Your Email address will not be published.