A clear trend is emerging in the crypto world. More and more companies are making efforts to bring a crypto credit card or crypto debit card to the market. Now, Visa is also involved with a crypto-affine version.
The Fiat and crypto worlds are growing together
Visa works with Crypterium for the implementation of the crypto-card. According to the company, this will provide users with a wide range of services that will link the Fiat financial world with crypto currencies. In addition to the payment card, the new edition also includes a wallet and various crypto banking options. VISA Europa calls the new financial product Crypterium Card VISA Edition. More than 500,000 customers worldwide could benefit from this cooperation.
On the website, it says: “The most accepted card now in combination with your digital assets. Order it in seconds, load it with Bitcoin and go shopping with it in over 42 million stores. Get your free, contactless Crypterium Card Visa.”
How does the Crypterium Card VISA Edition work?
Users can recharge the card via the Crypterium Wallet. This service converts the virtual currencies directly into fiat currencies. So the payment with the Crypterium Card is easily possible at the VISA locations. Furthermore, the Crypterium Card VISA Edition supports the contactless payment function and will soon have an Apple Pay integration.
Steve Parker, CEO of Crypterium, commented on the announcement as follows: “VISA is the most widely accepted payment card in the world. This product was a logical step for us. The introduction of the Crypterium Card VISA Edition is in line with our desire to offer exceptional flexibility to our customers. With this card, our customers can pay anywhere in the world with just a single tap of a finger and keep full control of their finances through the Crypterium Wallet”.
Especially for Crypterium customers an interesting extension.