Visa and Pismo have teamed up with ABN AMRO to launch BUUT’s debit card, developed for Gen Z customers.
According to the officials, BUUT’s debit card was developed in 10 weeks using Pismo’s cloud-native platform. While BUUT led the proposition with optimal customer insight and regulatory expertise, Prismo’s cloud-native platform enabled the rapid development of a debit card experience built for a world where the best digital experiences shape customer expectations.
The collaboration reflects the interest of banks in considering API-based, cloud-native infrastructure, such as Pismo, to meet the demands of digital-first consumers.
With BUUT, teenagers can use convenient pots to save money and make payments efficiently. The app is crafted for the new generation, featuring a simple, visual, user-friendly, and interactive interface.
Additionally, some key features of the new debit card are:
- Digital-only infrastructure as BUUT operates without physical branches, reducing costs by up to 70% compared to traditional banks;
- AI and machine learning optimise fraud detection, personalised user experiences, and automate customer service, all of which improve retention rates;
- Regulatory adaptability helps partnership-based models reduce compliance risks.
This integration also highlights Visa’s capabilities and expertise beyond traditional payment credentials, allowing financial institutions to optimise their operations through its services.
As the financial landscape continues to evolve, Visa aims to remain focused on offering customers optimal digital payments and Open Banking solutions that secure transactions for European customers and merchants.
Stablecoin prefunding in cross-border payments
In September 2025, Visa announced a pilot project that allowed financial institutions and businesses to use stablecoins to pre-fund accounts for international payouts. The initiative, unveiled at SIBOS 2025, was part of ongoing efforts to test alternatives to traditional cross-border funding models, which often involve delays and tie up capital in advance. The pilot introduced the use of stablecoins as a funding source for Visa Direct, the company’s real-time payments platform.
