According to company officials, customers made payments worth USD 2.5 billion with crypto-linked cards in the first fiscal quarter of 2022, which counts for 70% of the company’s crypto volume for all previous fiscal year.
Visa has also announced the company’s network of crypto wallet partners will reach a total of 65 and will include industry’s most popular names such as Coinbase, Circle, and BlockFi. Moreover, Visa counts for over 100 million merchants worldwide that now accept cryptocurrency as an APM (alternative payment method), which proves Visa is constantly updating its policy according to the market trends and customers’ needs.
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