VALR, a crypto exchange in South Africa, and Visa, the world’s card network, have formed a strategic partnership for issuing Visa cards and delivering digital payment solutions. They will collaborate on payment solutions that leverage VALR’s crypto expertise and Visa’s extensive payment capabilities. VALR recently gained approval to offer crypto services in Europe and is in the process of obtaining licenses in Dubai, Mauritius, and South Africa. This partnership follows Visa’s other collaborations with prominent global crypto service providers, including Coinbase, Crypto.com, and Circle. Visa, with its global reach, has issued billions of card credentials and is a trusted name in the digital payment landscape, facilitating transactions for millions of merchants.

Source: The North Africa Journal October 18, 2023 13:46 UTC