Visa is launching crypto debit cards in over 40 countries in partnership with FTX. $BTC bitcoin cryptocurrency
“At Visa, we believe that digital currencies will have a lasting impact on the future of financial services and money movement,” said a Visa executive.Visa announced Friday “a long-term global partnership” with West Realm Shires Services Inc. and FTX Trading Ltd. to roll out crypto debit cards in more than 40 countries. The two companies are behind cryptocurrency exchanges FTX US and FTX.com, respectively.
The debit cards are linked directly to a user’s FTX accounts. Currently available in the U.S., these cards “are now being rolled out globally in over 40 additional countries, including many across Latin America,” the exchange explained, adding: The debit cards allow users to pay for goods and services with the crypto balance in their FTX wallets at 80 million merchant locations worldwide that accept Visa. FTX Visa debit cardholders will not be subject to any administrative or processing fees for using the card, the crypto firm noted.At Visa, we believe that digital currencies will have a lasting impact on the future of financial services and money movement.
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