Visa is working with multiple digital currency platforms to bridge the gap between digital currencies and 61 million merchants.

According to an announcement posted on the official Visa website on July 22, Visa, as an international payments company, is committed to providing the best possible services to individuals, commerce and international commerce regardless of the financial process. , channel or legal process. Visa is changing the way the global economy works by exploring various technology partnerships. In this regard, digital advantages provide an exciting way to expand network teams and do their best to support new businesses.

Visa has worked closely with licensed and regulated digital currencies such as Coinbase and Fold to bridge digital currencies to the 61 million global trading networks. More than 25 digital wallets around the world are connected to the Visa service. Users can easily enjoy digital benefits as long as Visa uses Visa debit card or prepaid card.

Like other digital wallets, we hope our digital wallet will use all of Visa's features, including Visa Direct. In this way, consumers can exchange digital transactions faster and easier in real time and deposit those funds into Visa in real time. Visa's FastTrack project will accomplish many of these tasks with the goal of accelerating financial transactions, including in digital applications, with Visa's global network.

Through these efforts, Visa has become a network of options for digital wallets that need to quickly and easily capture global digital advantages and maximize consumer benefits.

VISA digital currency value concept

Visa has developed and modified its digital offerings. Last year, Visa invested in Anchorage, a company that is building a secure infrastructure for the digital benefits ecosystem. For years, Visa scientists have researched blockchain technology and developed new technologies such as Zether and FlyClient. Now the team is focused on finding ways to improve capabilities and new processes to realize the offline digital currency market.

Visa is well aware that policymakers and administrators remain skeptical about the digital benefits of issues such as consumer protection and ease of payment. Visa believes that the relationship between business and the public is the best way to resolve these issues. For more than 60 years, Visa has invested in building and sustaining global partnerships to deliver the best value to our customers and clients. Over the next few years, Visa is committed to upholding this tradition and strengthening its new commitment and potential collaboration.

As part of its public-private partnership, Visa is committed to working with policymakers and organizations around the world to develop interactive solutions and deepen our understanding of digital advantages. Visa, for example, is working with the World Trade Forum to provide an approval process to help U.S. banks with the mid-term research concept for a Digital Currency Bank (CBDC).

Visa's Guide to Digital Currency Advice:

1. Security, confidentiality, fairness and trust. We ensure data protection, consumer privacy and integrity, and we comply with all applicable laws.

2. Profit Leftovers and Network Agnostic: Visa intends to support the digital advantages and blockchain network needs of our customers and partners to meet our needs. Network strategy.

3. Improve Visa Capabilities: Visa specializes in information industry security, responding to multiple stakeholders and ensuring continuity. Visa will make the most of this opportunity, using new technologies and technologies for the benefit of its customers and partners.

Visa believes digital benefits can extend the value of digital payments to more groups and locations. Therefore, Visa hopes to help establish and promote the role of digital services in future applications. We hope to share more information on this with you in the coming months.