Tag Archives: visa

Apart from surpassing the $1 trillion level, bitcoin’s market capitalization is now worth more than two of the largest financial service companies – Visa and MasterCard – combined. Moreover, BTC’s market cap is also higher than several of the largest US-based banks, including JPMorgan, Bank of America, and Citigroup. Bitcoin Above Visa and MasterCard The previously referred to as “magical internet money” has been on a mind-blowing bull run since early October when it dabbled...

Visa is to become the first large payments network to use a stablecoin as a settlement currency. By partnering with the popular cryptocurrency exchange Crypto.com, the San Francisco-headquartered giant will offer a crypto settlement system for fiat transactions based on the Ethereum blockchain. According to the announcement from earlier today, Visa has joined forces with Crypto.com to bring its first-ever non-fiat settlement program.  The company’s standard settlement process requires parties...

Visa – one of the largest credit card companies in the world – has announced plans to roll out cryptocurrency-buying services soon.Visa Is Working to Make Crypto the Future of MoneyOver the years, the credit card firm has become one of bitcoin’s biggest supporters despite not thinking much of digital assets for a time. Since then, however, it has forged relationships with approximately 35 separate bitcoin and cryptocurrency-related firms and hopes to make it so that digital currency can take...

Visa, the world’s leading payment processor with millions of merchants in its network and hundreds of millions of users, might add cryptocurrencies to its payments network.Visa Jumps on the Crypto BandwagonVisa, the multinational financial services corporation, might be joining the cryptocurrency bandwagon.In the company’s fiscal first-quarter 2021 earning call, the CEO of the company, Al Kelly, said that they are in a position to make cryptocurrencies more “safe, useful, and applicable.”In...

Simplex, the Israeli provider of fiat to crypto solutions, has become a principal member of Visa in Europe. As a result, Simplex will issue Visa cards supporting cryptocurrencies, which users will be able to use for everyday purchases.Simplex Becomes A Visa Principle MemberFounded in 2014, Simplex is an EU-licensed financial institution aiming to “make cryptocurrency accessible to all.” The Israel-based company announced its most recent partnership with the US multinational financial services...

If you don’t have anything better to do during the holidays, and you’ve thought about wandering around the beautiful grounds of porn sites, you might want to become a bitcoiner.Recently, Visa and Mastercard —the two leading credit card companies in the world— revoked support for payment to Pornhub, after an investigation by The New York Times revealed that the website was being used as a kind of underground repository for videos of non-consensual, violent sex and even child pornography.The...

Die Kreditkartenfirmen Mastercard und Visa haben angekündigt, dass ihre Karten künftig nicht mehr auf der pornografischen Webseite Pornhub eingesetzt werden können. Die entsprechenden Verbindungen würden blockiert, teilten die beiden US-Unternehmen mit. Der Schritt steht in Zusammenhang mit einem Bericht der Zeitung „New York Times“ und dem Schweizer Fernsehen. Demzufolge zeigten viele der bei Pornhub...

A year after PayPal suspended transactions for the leading adult website Pornhub, MasterCard, and Visa have followed the example in the midst of child abuse allegations.With cryptocurrencies remaining one of the few available options for payments, the question stands if such association is indeed positive for the industry.Visa and MasterCard Block Use Of Cards On PornhubThe popular adult website has attracted lots of negative attention to itself in the past few years. The situation worsened...

Visa, a global financial services company and credit card giant, has partnered with Circle Internet Financial, a leading crypto fintech startup, to integrate the latter’s stablecoin.Visa Taps USDC for Digital PaymentsAccording to Forbes, on Dec. 2, Visa will be adopting Circle’s USD Coin (USDC) into its credit card platforms. The collaboration between both companies would see the use of the stablecoin to send and receive payments.Although Visa will not be a custodian to the USDC, Circle will...

The US-based cryptocurrency lending company BlockFi has partnered with the American multinational financial services corporation Visa to bring Bitcoin to the masses.Bloomberg reported that the two US companies will offer a credit card that rewards clients’ purchases with the primary cryptocurrency, instead of traditional options such as cash and airline miles.Dubbed the Bitcoin Rewards Credit Card, it will allow customers to receive 1.5% of their purchases back in BTC. Should the user spend...