Weeks after Visa (NYSE: V) announced a long-term strategic partnership with a cryptocurrency payments platform Wirex to launch crypto-enabled debit and កាតបង់ប្រាក់ជាមុន, Gate Group, the company behind the ការផ្លាស់ប្តូររូបិយប័ណ្ណ Gate.io and its GateToken (GT), has declared similar plans.
Through its Lithuania-based branch, Gate Global UAB, the គ្រីប company plans to launch the Gate Visa debit card, which would allow users to seamlessly convert and spend their crypto in the real world, according to the សេចក្តីប្រកាសព័ត៌មាន ចេញផ្សាយថ្ងៃទី ៧ ខែមីនា។
Gate Card utility
As per the announcement, the objective is to provide a secure and simple method to convert digital assets in fiat for online and in-store purchases, giving users complete control over their spending with the help of the Gate Card app’s built-in features.
Commenting on this development, Cuy Sheffield, Head of Crypto at Visa, said:
“ទិដ្ឋាការចង់បម្រើជាស្ពានរវាងប្រព័ន្ធអេកូគ្រីប និងបណ្តាញពាណិជ្ជករ និងស្ថាប័នហិរញ្ញវត្ថុសកលរបស់យើង។ ជាមួយនឹងកម្មវិធីដូចជាប័ណ្ណឥណពន្ធ Gate Visa ម្ចាស់ប័ណ្ណឥណពន្ធ Gate Group ត្រូវបានបើកដំណើរការជាមួយនឹងវិធីគ្មានថ្នេរក្នុងការបំប្លែង និងប្រើប្រាស់ទ្រព្យសម្បត្តិឌីជីថលរបស់ពួកគេដើម្បីទូទាត់ថ្លៃទំនិញ និងសេវាកម្ម គ្រប់ទីកន្លែងដែល Visa ត្រូវបានទទួលយក។
In the meantime, users from the larger part of the European Economic Area (EEA) can already join the waitlist for the new debit card, and plans exist for expanding the availability to other regions.
Visa ventures into virtual assets
As a reminder, Visa teamed up with Wirex in mid-February to បើកដំណើរការ a crypto debit card in the United Kingdom and more than 40 countries in the Asia-Pacific (APAC) region, with the goal to provide more people with access to the advantages offered by the participation in the ទីផ្សារគ្រីប.
The recent efforts are part of the payment giant’s increased encroachment into the crypto space, along with the trademark applications for កាបូបគ្រីប និង មេតាប៉ូលីស, with plans to establish several related products. In 2022, Visa also ណែនាំ a no-limit Bitcoin (BTC អ) card in the United Arab Emirates (UAE).
Although the high-profile failures in the sector in recent months are rumored to have somewhat បានពន្យាពេល these efforts by both Visa and Mastercard (NYSE: MA), Visa reportedly remains committed and focused on crypto បច្ចេកវិទ្យា និងការសុំកូនចិញ្ចឹម។
Source: https://finbold.com/gate-io-announces-plans-to-launch-visa-debit-card-in-europe/