Cryptocurrencies, payments, debit cards Visa’s focusBy Kao Shih-ching / Staff reporterVisa Taiwan Co (台灣威士卡) is to focus on providing new cross-border payment solutions, issuing debit cards for young people and collaborating with the cryptocurrency sector to boost its competitiveness, general manager Michelle Jao (趙麗芳) said yesterday. Visa Taiwan Co general manager Michelle Jao attends a news conference in Taipei yesterday. The issuance of debit cards has risen at a double-digit rate this year, Jao said, adding that hopefully more young people would use Visa’s other payment tools as well. Meanwhile, Visa has collaborated with more than 50 crypto wallets or trading platforms worldwide to allow people to buy cryptocurrencies with their Visa cards, Jao said. The value of cryptocurrency-related transactions made with Visa cards surpassed US$1 billion in the first half of this year, she said.

Source: Taipei Times December 08, 2021 01:01 UTC