VISA announces global plans for crypto payments – will go global with major tokens

Jul 28, 2020

VISA announces global plans for crypto payments – will go global with major tokens

Jul 28, 2020

(CJ) – The major payments service will be implementing crypto into their payment system with the help of existing crypto trading platforms In a recent press release, Visa announced its move into the digital currency space by integrating crypto transactions with its global network of 61 million merchants.

The platform will support 25 different cryptos, including Bitcoin, Ethereum and Ripple. Visa seems to be realizing that the use of crypto is becoming more prominent outside of the fintech field, with consumers and businesses adopting the technology in larger numbers.

From May 2019 to May 2020, more than $10 billion in crypto was used for online payments. Visa invested in crypto research company Anchorage last year, and it led to platforms such as Zether and FlyClient, all of which contributed to the current program.


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The new Visa cryptocurrency wallet will be similar to a digital wallet. The wallet is designed to deliver a, “full range of Visa’s capabilities,” that will make it, “faster and easier for consumers to convert digital currency and push those funds to their Visa credentials in real-time.”

In the past, crypto has been largely unregulated by the US Government, with the term “cryptocurrency” differing in meaning from one agency to another. The Financial Crime Enforcement Network in particular does not consider crypto as legal tender and therefore, it should not be exchanged as such. READ MORE

About the Author

End Time Headlines is a ministry founded, owned, and operated by Ricky Scaparo, established in 2010 to equip believers and inform discerning individuals about the “Signs and Seasons” of the times in which we live. Ricky authors original articles and curates news from mainstream sources, carefully selecting topics, verifying information, and utilizing artificial intelligence tools to ensure content is both timely and accurate. Every piece is personally reviewed and edited by Ricky to align with the ministry’s mission of providing a prophetic perspective on current events.

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