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Visa Gears Up for Cryptocurrency Integration in Brazil

Published 09/07/2021, 09:26 AM
Updated 09/07/2021, 09:30 AM
Visa Gears Up for Cryptocurrency Integration in Brazil
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  • Visa (NYSE:V) expressed its intention of accepting bitcoin payments in Brazil
  • Visa announced it would take its cryptocurrency services to traditional banks in Brazil.

Visa expressed its intention of accepting bitcoin payments in Brazil. The global payments technology company, Visa, has announced it would take its cryptocurrency services to traditional banks in Brazil.

According to Visa, it is working with many crypto companies to bring digital payment cards to the Brazilian market. Also, the company mentioned a possible direct integration of Bitcoin (BTC) in payments.

The firms Visa is working with include Alterbank, Zro Bank, and Rippio, which will let users connect their cryptocurrency cards to bank accounts.

Following that, Eduardo Abreu, Visa’s vice president of new business in Brazil,

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