• Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us
Sixsense News
Advertisement
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
No Result
View All Result
Sixsense News
No Result
View All Result
Home Startups

Visa dives deeper into crypto as FTX-linked debit card expands outside US • TechCrunch

Jacquelyn Melinek by Jacquelyn Melinek
October 7, 2022
in Startups
0


As traditional financial institutions continue to mingle with the cryptocurrency world, Visa is the latest to expand its offerings in the space, this time working alongside crypto exchange FTX for a “long-term global partnership.”

The agreement between the two companies consists of offering FTX-branded Visa debit cards to FTX customers globally with a focus on rolling the plastic out in Latin American, European and Asian countries. The same product is currently available to U.S. customers after being announced at the beginning of this year.

“Crypto is community-driven; we know we can’t deliver the best crypto experiences on our own,” Cuy Sheffield, vice president and head of crypto at Visa, said in an email to TechCrunch. “With this partnership, we’re bringing together FTX, one of the largest and most innovative crypto platforms, with Visa and our network of 80 million merchant locations.”

Unlike crypto-focused credit cards that typically provide rewards to users, this debit card will link directly to users’ accounts so people can pay for items and services with their crypto balance from their FTX wallets. Cardholders will not face any administrative or processing fees for using the card.

That there are over 65 crypto platforms and exchanges that have partnered to issue Visa credentials, Alfred Kelly Jr., chairman and CEO of Visa, said during a Q1 earnings call. Other Visa crypto debit cards on the market come from exchanges like Crypto.com and Binance.



Related articles

TechCrunch+ roundup: Big Data’s cloud backlash, CVC pitch tips, de-risking hardware startups

March 21, 2023

10 Factors in the Workplace That Increases Staff Turnover

March 21, 2023
Tags: cardcryptodebitdeeperDivesexpandsFTXlinkedTechCrunchVisa

Related Posts

TechCrunch+ roundup: Big Data’s cloud backlash, CVC pitch tips, de-risking hardware startups

by Walter Thompson
March 21, 2023
0

For most of the Information Age, companies that wanted to scale invested in server farms and hired teams to keep...

10 Factors in the Workplace That Increases Staff Turnover

by Sixsense News
March 21, 2023
0

Our experts at WhenWorkWorks have conducted extensive research on one of the workplace’s most troublesome and burning issues: high rate of...

KX Launches kdb Insights Enterprise on Microsoft Azure with Syneos Health as the First Customer

by Editorial team
March 21, 2023
0

KX introduces kdb Insights Enterprise on the Microsoft Azure platform, an AI management platform designed for temporal data generated by...

Industry Analysts Step Up in a Down Economy

by Robin Schaffer and Chris Holscher
March 21, 2023
0

Posted by Robin Schaffer and Chris Holscher on Mar 21, 2023   Image credit VoxusPR   Smart startups and scale-ups...

Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

by Jacquelyn Melinek
March 21, 2023
0

Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on...

Load More

Best Stock Screeners to Enhance Your Trades

March 21, 2023

*HOT* Amazon Fire HD 10″ 32GB Tablet only $69.99 shipped (Reg. $150!)

March 21, 2023

TechCrunch+ roundup: Big Data’s cloud backlash, CVC pitch tips, de-risking hardware startups

March 21, 2023

Amazon, Target pick up Bed Bath & Beyond’s lost market share – BofA (NASDAQ:BBBY)

March 21, 2023

Biden’s first veto preserves 401(k) investment rule about ESG funds

March 21, 2023

Toro Company Declares $0.34 Quarterly Dividend; 1.2% Yield By Investing.com

March 21, 2023
Sixsense News

© 2022 Sixsense News All Rights Reserved.

Navigate Site

  • Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • #3158 (no title)
  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Startups

© 2022 Sixsense News All Rights Reserved.