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Visa has launched its first crypto cards in LATAM: here’s where

Jun 17, 2022

Visa is looking to develop card issuance in Mexico, Colombia, and Peru.

Visa

Visa to acquire UK cross-border payments fintech. Source: shutterstock.com

According to Cryptonews, citing Expansión, Visa has announced a partnership between fintech companies and IT startups in Brazil and Argentina and launched crypto cards with cashback every time when spent.

The cryptocurrency ecosystem continues to gain momentum in this region with increased investment, more consumer adoption, and more crypto-enabled usage cases. We will continue to build on our strategy to develop the future of crypto and payments for our customers, clients, partners, and consumers.
Romina Seltzer
Senior Vice President of Products and Innovation of Visa Latin America and the Caribbean

Also, last year, Visa teamed up with Argentine cryptocurrency exchange Lemon Cash to launch another Visa card. As a bonus for holders, these cards have 2% cashback in bitcoins (BTC) when they use the card to make payments.

We`ve reported that PayPal introduced new ‘buy now, pay later’ solution.

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