Early this month, Visa announced the launch of its cryptocurrency advisory service, targeting both merchant users and banking clients. Their service offers a range of services such as crypto education for institutional customers; enabling them to accept bitcoin payments with ease from their customer base or make purchases in-store using different types of cryptocurrencies at competitive rates offered by some companies today based on market prices from before so long ago- basically like you would use dollars but earlier!
Nowadays, most merchants are accepting it without much hassle, which means we'll soon be seeing more adoption across all industries-- thanks VISA!!!
Despite double-digit drops, Visa still stands behind their move into the space.
When you think of it, jumping into the digital currency world can be risky. That's why so many people are turning to banks for advice on what they should do with their crypto assets- only 40% have been able or willing switch over from an alternative provider because most don't know where all these new coins come From!
A recent survey found that 94 percent financial decision makers at banks have aware about cryptocurrencies but less than half (47%) believe there could ever truly lived in pure electronic form without really backed up by something tangible such as gold.
Visa is targeting banking institutions that are eager to attract or retain consumers using crypto services, retailers interested in exploring non-fungible tokens (NFTs), and government central banks considering issuing their own digital currencies.
This service will enable Visa's partners - whether they be financial companies or merchants who want a way to accept credit card payments digitally without having an expensive terminal at point of sale--to buy, sell & store these new assets where it’s legal.
Visa, the world's largest credit card company announced last week that they will continue to support cryptocurrency despite recent decline across industry. Specifically Cuy Sheffield told New Delhi-based media outlet about their plans for supporting crypto ecosystem; adding new infrastructure and capabilities like original research as well cashing out bitcoin onto Visa card - making it easier than ever before!
Visa feels that crypto needs to be heavily involved because it's more than just an asset class or technological innovation. Visa sees how closely linked cryptocurrencies are with gaming, NFTs (non-fungible tokens), decentralized finance and tokenization which has the potential for revolutionizing many industries in our society today--from payments processing all the way down through retail sales management!
Posted Using LeoFinance Beta
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