The newly announced partnership between LINE Pay and VISA will open the gates to 54 million VISA merchants for LINE Pay users.
Thus, LINE hopes to expand their services in the world. At present, LINE claims that they have 80 million users only in Japan. In addition, this new feature of collaboration will also allow users to submit virtual VISA cards, which they can use even if the merchant does not use LINE Pay.
In addition, the two companies will also work on new blockchain technology fintech solutions for business-to-business (B2B) payments and cross-border payments.
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