Visa Teams Up With Consensys To Build Payment Infrastructure For CBDCs

Visa and ConsenSys, a blockchain software startup, are working to develop a central bank digital currency (CBDC) pilot program to explore retail applications such as cards and wallets. Both firms will first meet with an estimated 30 central banks to discuss the goals that governments hope to achieve with government-backed digital currency. The pilot program…
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01/14/2022 0

Visa Survey Shows Crypto Payments Could Boom In 2022

The payment company giant Visa Inc just surveyed 2,250 small businesses from nine countries to understand if merchants are planning to adopt crypto to receive payments. Results show that over 25% of them want to start doing so this year. Reuters reported that Visa expects many retail businesses to join the crypto boom starting this year.…
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01/12/2022 0

Solana: A Quick Review And Look Ahead

Solana has had an amazing past 2 years as it became one of the fastest growing altcoins; in 2022, we see how they are doing what many tokens couldn’t and won’t be able to do. Few fall in the same category as Solana, so let’s take a look at what’s taken the token here, and…
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01/06/2022 0

Crypto Payments Will Drive Crypto Adoption, New Report Reveals

According to a new study, more than half of Americans believe that using crypto payment provides firms a competitive advantage. 57% Want Bitcoin Payment According to a recent survey conducted by payment network Mercuryo, 57% of respondents felt that taking bitcoin payments will provide businesses a competitive advantage. More than a third of businesses indicated…
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12/23/2021 0

Visa Creates Service To Advise Financial Institutions On Cryptocurrencies

It’s a new dawn. Credit card giant Visa is now in the cryptocurrency business. They won’t be buying and selling yet, though. Its new division will focus on advising everyone. From retail customers to financial institutions, even central banks can get information from Visa’s crypto experts. A lot of people still value the input traditional…
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12/08/2021 0

Visa Is Building A Payment Channel Network On Ethereum

Visa has been active in engaging with crypto, and this week is no exception. Reports have emerged that the payment facilitator and financial services firm has deployed it’s first smart contract on Ethereum Testnet. The move isn’t the first to signal Visa’s increased acceptance to adopt crypto in their operations. Visa’s Universal Payment Channel The…
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09/30/2021 0

Visa Describes NFTs As Promising Means To Engage With The Fans

Visa now makes a full head plunge into the NFTs following its evaluation of the technology behind the assets. The global payment giant described NFTs as having the potential to serve as the engagement medium for fans. Visa made this description through its recent whitepaper publication. The publication suggests that Visa sees non-fungible tokens as…
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08/31/2021 0

Visa Issues NFT Report After Buying CryptoPunk, Cites Ethereum & Flow Blockchains

Visa is showing some bullish behavior around NFTs. As reported on at our sister network Bitcoinist today, Visa made a splash by purchasing a CryptoPunk to kick off the week. The purchase was made late last week for around 49.50 ETH – approximately $150,000. The company is showing clear optimism on the future of the…
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08/24/2021 0

Alchemy Pay To Roll-out Virtual Cryptocurrency Cards In Collaboration With Mastercard

Alchemy has announced that it will be rolling out cryptocurrency cards that will support above 40 cryptocurrencies like Bitcoin and others. Furthermore, the crypto-fiat platform disclosed that users could link the cards to their Paypal digital wallets and Google Pay from the announcement. With such, users can pay through both Visa and MasterCard networks seamlessly.…
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08/10/2021 0

Mastercard Furthers Investment Into Crypto Card Integration

Mastercard is queuing up a full suite of crypto partners, according to an announcement this week, in efforts to streamline its card program for crypto wallets and exchanges. The company initiative seeks to provide crypto companies with a card option that gives crypto-holders the ability to spend their digital assets anywhere that Mastercard is accepted.…
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07/20/2021 0

Visa Customers Have Spent Over $1B On Crypto-Linked Cards This Year

Crypto-linked card spending is on the rise. Visa shared this week that consumer spending with Visa-based crypto credit cards has exceeded $1B this year, through just the first six months of the year. Increasing Adoption Through Accessibility Visa also shared this week that it plans on partnering with 50 different cryptocurrency platforms to allow ease…
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07/07/2021 0