Major credit card provider Visa is piloting a program that will allow its partners to use the Ethereum (ETH) blockchain to settle a fiduciary currency transaction.
In an announcement Monday, Visa said it will partner with exchange and card issuer Crypto.com to offer a cryptocurrency settlement system for fiat transactions later this year.
Crypto.com announced a partnership with Visa earlier this month in which the exchange would join the Visa network and expand the reach of its cryptocurrency prepaid debit card. On that occasion, the company said it would launch a fiat loan program that would allow cardholders to use their cryptocurrency holdings as collateral, funds that users could spend on commercial platforms that accept Visa payments.
This happens 3 years after the CEO of VISA, will claim that cryptocurrencies and bitcoin were a scam. 🤦🏻♂️ There is still a chance to change your mind and join this blockchain era.
Are you still one of those who don't believe in cryptocurrencies? 🤷🏻♂️
I am Daniel Grosso, you can follow me on my networks as @danielgrossoweb 🧑 a daring entrepreneur, who firmly believes in his dreams and who likes to help others, as well as YOU, also achieve theirs 🙂
In 2022, Online Cards are offered by both banks and electronic payment and wallet systems. Depending on the organization, they are available to anyone and anyone who already has a wallet or a regular card. But personally, I prefer the Ezzocard service, which provides a wide variety of credit cards
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