Visa partners with Transak for seamless cryptocurrency withdrawals and payments through Visa Direct, offering users in over 145 countries.
Prior to the Visa-powered cards, GCash has been issuing cards under payment-processing corporation MasterCard.
Razer Merchant Services (RMS) secures Visa’s Direct Acquiring license, enabling secure card payment services in the Philippines, Singapore, and Malaysia.
Visa and Mastercard decided to halt the launch of some of their crypto-related products and services until market conditions improve.
Through Visa’s program, selected small business owners in fields like music, fashion and film will be supported by the payments giant in expanding their operations through the use of NFTs.
Sky Mavis announced the launch of Phase 2 of Ronin, its Axie Infinity sidechain built to address network congestion and increasing gas fees on the Ethereum blockchain.
Also, JP Morgan said Bitcoin volatility is subsiding.
Plus Nvidia expected significant revenue from its Ethereum mining hardware.
PayPal creates a crypto business unit, while Visa will launch crypto-related APIs.
PayPal said users who buy crypto are more likely to return to its platform. Plus Visa is doing crypto API stuff.