New dedicated debit cards will appear on the European and British market cryptocurrencies. They will be introduced by Visa i You're gonethat have joined forces to create a new product.
New cryptocurrency debit card
new cryptocurrency debit cards is the fruit of collaboration between Visa and Nuvea. They will also be handled by Simplex Banking. Users will be able to pay with them wherever Visa cards are accepted, and during transactions, cryptocurrencies will be automatically exchanged for traditional currencies.
It is worth adding that Nuvei already has debit cards for cryptocurrencies, based on blockchainie COTI. Soon, thanks to the Simplex brand, their next version will be available on the market. In addition, Nuvei has already launched bank accounts that support cryptocurrencies, also based on COTI. All these activities aim to facilitate cryptocurrency payments.
Cryptocurrency payments will become even easier
The new Visa debit card will enable users to pay quickly and easily with cryptocurrencies. Thus, the largest provider of payment cards will play a key role in the development of the cryptocurrency ecosystem, while contributing to its integration with the traditional financial market.
European consumers are becoming more and more aware of the importance of cryptocurrencies and their possible uses, and therefore there is a growing interest in them as a means of payment. A new project by Visa and Nuvei will provide consumers with fast and simple cryptocurrency payments.
Visa in the world of cryptocurrencies
Visa, a leading issuer of payment cards, seems to be increasingly involved in the cryptocurrency sector. Currently, there are several Visa-issued cards that allow users to make cryptocurrency payments and receive cashback.
Looking at the activities undertaken by the payment giant, it can be concluded that their reach goes beyond the industry in question. This is also evidenced by the fact that quite recently Visa has introduced a cryptographic advisory service dedicated to its partners. It will help them get closer to the crypto sector.