Menu

Does visa use blockchain?

03 Oct 2022 By PAYCEC

Visa has adopted blockchain technology for quite some time. The company had worked with Crypto.com to offer crypto-based rewards debit cards for several years, but the process was costly and time-consuming.

So in October 2016, Visa announced a collaboration with Chain, a prominent blockchain enterprise company, to develop Visa B2B Connect, a more secure way to process B2B blockchain international payments.

In 2019, Visa proposed allowing digital currency settlements over a public blockchain via its partner Anchorage, the first federally chartered digital asset bank.

From then on, Visa has been piloting the new program using USD Coin after upgrading its infrastructure.

Read more:

Have other questions?

If you need further assistance or answer, please don't hesitate to contact us.

Have other questions?

The Media

Finextra One IBC Yahoo Finance
About us

who we are

about us

We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

We will contact you shortly.

Email Phone
Scroll top