Visa has proposed a concept called "Account Abstraction" (AA) in a whitepaper aimed at developers of Ethereum-compatible systems.
This solution would allow users to intelligently and securely schedule recurring payments by setting up a programmable payment instruction to automatically send funds…
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Visa
Visa and Mastercard drop partnership with cryptocurrency companies
The crisis in the field of cryptocurrencies, which began in 2022 and has left several platforms bankrupt, is the main reason that has led Visa and Mastercard to suspend crypto projects.
Spokespersons for the companies have indicated that…
Visa and Wirex expand availability of cryptocurrency cards
The Wirex cryptocurrency card company announced its collaboration with Visa to expand the availability of its cards in more than 40 countries. The alliance will allow users to access their cryptocurrencies around the world through their…
Visa targets stablecoin liquidations
Visa is investing in the global settlement of digital assets and fiat currencies, with the goal of allowing its clients to convert digital assets into fiat currencies on its platform.
The head of the company's cryptocurrency division, Cuy…
Visa will no longer have a card with FTX
The Visa payment processor recently announced that it will no longer continue with the agreement it had with the FTX exchange regarding the launch of a physical card with an emphasis on Latin America, due to its current situation.
The…
Colombia established new visa rules for Venezuelans
The Colombian Ministry of Foreign Affairs has established new rules for granting visas to Venezuelan citizens. Resolution 5477 extended the waiting time for the study of each case from five to 30 business days, as the main measure, and will…
Visa to launch debit crypto cards in Latin America
Visa, the main financial services company, announced its new alliances with Latin American companies and startups to launch its crypto debit cards and thus develop a global payment network that will allow it to consolidate its commitment to…
Bancamiga launches its first Visa credit card in Venezuela
Bancamiga Banco Universal, in partnership with Visa, launches its first Gold Visa credit card in Venezuela, which responds to the bank's strategy of providing a better experience to its customers and adding alternatives for convenience in…
American Express suspends its services in Russia
American Express announced the suspension of its services in Russia, thus joining the measures already applied by the Visa and MasterCard platforms.
"In light of Russia's continued and unwarranted attack on the people of Ukraine, American…
Costa Rica will require a tourist visa from Venezuelans
The Immigration Authorities of the Central American country announced that starting next Monday, February 21, all Venezuelan citizens will have to present their tourist visa to be able to enter that country. The information was published in…
SMEs, willing to accept payments with cryptos
A survey conducted by Visa found that one in four midsize businesses plan to implement cryptocurrency payments.
In the same study, it was determined that 73% of those surveyed want to accept new forms of digital payments, this being one of…
Visa is designing a blockchain interoperability system
The multinational financial services company Visa reported that it is working on the design of a blockchain system that tries to be a "universal adapter" that facilitates the connection of multiple" cryptocurrencies, stablecoins as well as…