Eventually they all realize that they can not fight bitcoin, the adoption is happening whether they keep spreading FUD about it or not and the market is already being taken over by other companies (such as Coinbase) that are making a ton of money from the traders with millions of dollars daily volumes on average.
At the end they would want a piece of this market so that they can make money themselves instead of letting the "fees" go in pocket of another business.
Even though this was expected long before any of them changed direction but you are right that it is weird that nobody has been talking about it (which is a bigger news) when they blew PayPal news out of proportions!
Topic: Visa - Did you all miss this? - page 2. (Read 385 times)
but there are crypto-debit cards that are already powered by Visa like the Coinbase card or the crypto.com visa card. so actually, Visa is not new on this aspect. they have been serving crypto platforms already in the past years.
maybe this time, they are more aggressive in tying up with the banks which will reach a lot of ordinary bank users.
But maybe with this kind of news Visa will eventually integrate cryptocurrency directly to their system? we don't know for sure but atleast it's a good news that visa seem to approve crypto. not to mention they've been in partner with USDC if i'm not mistaken.
Visa and other payment platforms will accept bitcoin and crypto sooner or later. They can not live without bitcoin and cryptocurrency in the future. The world nowadays are globalized and payment methods are very diversified. People have hundred or thousand of choices and they will choose few of them for their expenses.
Bitcoin and cryptocurrency won't kill fiat, won't kill Visa and they will go forwards together. Visa get income partially from users' transfer fees and bitcoin, cryptocurrency can help them to increase their income. It is fine for them and they get more benefits than losses to expand to crypto.
Bitcoin and cryptocurrency won't kill fiat, won't kill Visa and they will go forwards together. Visa get income partially from users' transfer fees and bitcoin, cryptocurrency can help them to increase their income. It is fine for them and they get more benefits than losses to expand to crypto.
I read about it in Coindesk - https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks
VISA has a long time interest in crypto and this is still a pilot program for a few banks. It could be fully working in a couple of months and then will have a significant impact.
What I find much more intriguing is this: Visa May Support USDC Credit Card After Adding Circle to ‘Fast Track’ Program - https://www.coindesk.com/visa-connecting-global-payments-network-to-circles-usdc-on-ethereum-blockchain
VISA has a long time interest in crypto and this is still a pilot program for a few banks. It could be fully working in a couple of months and then will have a significant impact.
What I find much more intriguing is this: Visa May Support USDC Credit Card After Adding Circle to ‘Fast Track’ Program - https://www.coindesk.com/visa-connecting-global-payments-network-to-circles-usdc-on-ethereum-blockchain
When was Visa an enemy of Bitcoin? Did they cut all crypto exchanges from its network? Did they ban all the Bitcoin debit cards?
They might have not directly closed crypto-linked cards, but they've stomped on crypto-related business relationships before. Back in 2018, a number of VISA cards that were used with crypto have been closed since VISA decided to cut ties with them. One example you can read about is this one, although you have likely been around crypto at the time.Most if not all big businesses cracked down on crypto services and users. They considered us their enemies.. hence why I see this sudden adoption and acceptance as a very weird move that might actually be a huge trap for us!
Because of Paypal, VISA has to follow into the Crypto space. Obviously they dont want to be
left behind in this growing technology, there will be more following, exciting times.
From the article VISA will be offering services to help banks integrate Crypto transactions.
This is strange that it hasnt been reported on the forum before.
left behind in this growing technology, there will be more following, exciting times.
From the article VISA will be offering services to help banks integrate Crypto transactions.
Quote
the credit card company has announced it plans to help banks roll out bitcoin and cryptocurrency buying and trading services with a Visa crypto software program, set to launch later this year.
This is strange that it hasnt been reported on the forum before.
but there are crypto-debit cards that are already powered by Visa like the Coinbase card or the crypto.com visa card. so actually, Visa is not new on this aspect. they have been serving crypto platforms already in the past years.
maybe this time, they are more aggressive in tying up with the banks which will reach a lot of ordinary bank users.
Because of Paypal, VISA has to follow into the Crypto space. Obviously they dont want to be
left behind in this growing technology, there will be more following, exciting times.
From the article VISA will be offering services to help banks integrate Crypto transactions.
This is strange that it hasnt been reported on the forum before.
left behind in this growing technology, there will be more following, exciting times.
From the article VISA will be offering services to help banks integrate Crypto transactions.
Quote
the credit card company has announced it plans to help banks roll out bitcoin and cryptocurrency buying and trading services with a Visa crypto software program, set to launch later this year.
This is strange that it hasnt been reported on the forum before.
Yes, it's strange that this isn't talked as much as the PayPal news were, because PayPal is like an ant compared to Visa.
Seems like Visa wants to cut the middlemen - the exchanges, and handle exchanging crypto to fiat itself. Maybe this will even be positive for crypto community, because now banks will be less likely to close accounts of customers who deal with crypto.
When was Visa an enemy of Bitcoin? Did they cut all crypto exchanges from its network? Did they ban all the Bitcoin debit cards?
Seems like Visa wants to cut the middlemen - the exchanges, and handle exchanging crypto to fiat itself. Maybe this will even be positive for crypto community, because now banks will be less likely to close accounts of customers who deal with crypto.
Quote
Visa V , a one-time enemy of the bitcoin and cryptocurrency community, is fast becoming one of bitcoin's biggest cheerleaders.
When was Visa an enemy of Bitcoin? Did they cut all crypto exchanges from its network? Did they ban all the Bitcoin debit cards?
"We see crypto assets as more like digital gold"
Big businesses just realising this which is considerable yet those people on government esp. central banks won't and will never do, more like most of them try to ban it instead
Several people have have mentioned crypto exchanges offering pre paid visa cards, but with very high user fees.
Nothing to do with pre-paid cards
"Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network"
https://news.bitcoin.com/visa-ceo-says-payments-giant-set-to-introduce-cryptocurrency-trading-on-its-network/
Several people have have mentioned crypto exchanges offering pre paid visa cards, but with very high user fees.
I can't believe nobody has posted about this, Visa's head of crypto
"We see crypto assets as more like digital gold"
https://www.forbes.com/sites/billybambrough/2021/02/03/visa-reveals-bitcoin-and-crypto-banking-roadmap-amid-race-to-reach-network-of-70-million/
"We see crypto assets as more like digital gold"
https://www.forbes.com/sites/billybambrough/2021/02/03/visa-reveals-bitcoin-and-crypto-banking-roadmap-amid-race-to-reach-network-of-70-million/
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