FV Bank, in collaboration with Visa, has unveiled debit and corporate cards that allow the use of both traditional and digital currencies, including Bitcoin and Ethereum.
New Opportunities for Crypto Transactions
These cards enable customers to make purchases at any location that accepts Visa, whether online or in stores, and withdraw cash at ATMs. Customers can use linked FV Bank USD accounts for real-time payments, making financial management convenient.
Key Features of the Cards
1. **Global Payment Access** – The Visa cards support magstripe, chip, and contactless payments, ensuring accessibility at millions of global merchants and ATMs. 2. **Real-Time Digital Asset Conversion** – FV Bank's Convert feature allows customers to convert Bitcoin, Ethereum, and other cryptocurrencies into USD, enabling direct spending from crypto holdings. 3. **Mobile and Online Management** – Via the FV Bank platform, cardholders can manage transactions, set spending limits, change PINs, and disable transactions for added security.
Popularity of Crypto Debit Cards
Crypto debit cards are gaining popularity as more companies, including Visa and Mastercard, offer solutions that integrate digital assets into everyday payments. In recent months, several major players have entered this market. Avalanche Foundation introduced a Visa crypto card supporting tokens like Wrapped AVAX and the USDC stablecoin. In September, Mastercard partnered with European crypto payments provider Mercuryo, allowing users to spend digital assets stored in self-custody wallets at Mastercard-supported merchants. Visa also launched the Tokenized Asset Platform to manage digital assets, affirming its commitment to crypto adoption.
The new debit and corporate cards from FV Bank and Visa represent a groundbreaking solution for integrating cryptocurrencies into everyday financial operations, bridging the worlds of traditional and digital financial assets.
