FV Bank and Visa have partnered to create debit and corporate cards, unveiled at Money 20/20 in Las Vegas. These cards provide access to both traditional currency and digital assets.
FV Bank and Visa: New Opportunities for Users
The new partnership between FV Bank and Visa will allow individual and corporate clients to use cards for transactions with both fiat and cryptocurrencies. The cards support payments at all locations accepting Visa, both online and in-store, and cash withdrawals at ATMs.
Bringing Crypto to Everyday Transactions
Customers can use these cards for purchases at any location that accepts Visa and for cash withdrawals. The cards allow real-time payments using linked FV Bank USD accounts.
**Key Features:**
1. **Global Payment Access** - Cards support payments with magstripe, chip, and contactless options. 2. **Real-Time Digital Asset Conversion** - FV Bank’s Convert feature allows conversion of Bitcoin and Ethereum into USD. 3. **Mobile and Online Management** - Users can manage transactions, set limits, change PINs, and block transactions for security.
Trends in Crypto-Integrated Cards
Crypto debit cards are gaining popularity as more companies offer solutions combining digital assets with everyday payments. Recently, players like Mastercard and Visa have been developing this sector. For instance, Mastercard partnered with Mercuryo for crypto solutions in self-custody wallets, while Visa launched VTAP for issuing and managing digital assets.
The partnership between FV Bank and Visa opens new avenues for using digital assets, highlighting the growing trend of crypto integration in everyday financial operations.
