Visa, Simplex to issue crypto debit cards

Monday 4 January 2021 12:19 CET | News

Israel-based fiat-to-crypto service provider Simplex has partnered with Visa to allow its client firms to issue crypto debit cards.

200+ Simplex partner companies will be able to offer crypto debit cards to their customers, helping in the use of cryptocurrencies for retail transactions.

For Simpex this is mainly a boost for the company’s business-to-business activities, in an attempt to offer better access to digital currencies. Back in October 2020, Simplex added a Tether-to-euro cashout feature to its platform. In 2020, several crypto companies began releasing debit cards that let users spend crypto. 

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Visa, Simplex, partnership, Israel, product launch, cryptocurrency, crypto cards, fiat-to-crypto, B2B, digital currency
Categories: DeFi & Crypto & Web3
Countries: World
This article is part of category

DeFi & Crypto & Web3