Innovative a division of Visa Europe works together with the service of micropayments SatoshiPay on the creation of experimental software, which will unite two of the payment system.
According to the founder of a bitcoin startup of Meinhard Benn, the technology of micropayments will be integrated with the technology of payment with a Visa card that allows you to make automatic payments from card to bitcoin wallet SatoshiPay. According to him, the project aims to implement a safer method of buying bitcoins in small volumes using debit and credit cards.
Benn said that Visa intends to find out how the technology of micropayments can be applied in the field of cross machine transactions and the Internet of things (for example, earlier this year the company was wondering whether to get the bulb to pay for their own electricity). It is also planned to conduct a joint study of the user audience on the topic of micropayments for online content.
This is not the first Visa experience in the field of bitcoin technology. In February of this year the company introduced a software package Microtransactions (MTX), which is still only available in test mode. One of the main advantages of the product, as described, is the ability "to attract buyers to the transactions in the virtual currency earned bonus points". Sellers therefore are able to turn macroperiod in an additional source of income, and the application users will be able to pay in virtual currency. On the website does not explain what Visa has in mind for virtual currency.