Visa one of the largest payment companies in the world, has partnered with several fintech startups to announce the launch of a series of crypto-enabled cards in Latin America. This card will allow users to buy cryptocurrencies, spend cryptocurrencies where Visa cards are accepted and also receive cashback through the different fintech partners in the region.
A good number of global payment companies are now showing interest in mixing conventional fiat payments with more advanced solutions such as cryptocurrencies. Visa announced this launch last week with the idea of having more people use cryptocurrencies through its payment network.
In partnership with a lot of several startups in Latin America, including Satoshi Tango and Lemon Cash in Argentina, alongside other start-ups such as Crypto.com, Zro Bank, and AlterBank in Brazil.
Senior Vice President of Products and Innovation at Visa Latin America Romina Seltzer said “Cryptocurrency has continued to gain ground in the region with more consumer adoption, greater investment, and crypto-enabled use cases. And we plan to strengthen the strategy to be deployed in building the future of cryptocurrency payments for customers, consumers, and partners.
Featured image source: Bitcoin.com News
