Worldcoin, the cryptocurrency project co-founded by Sam Altman, is in talks with Visa to integrate its World App, providing users with Visa card payment features.
Visa Integration Discussions
Tools for Humanity, the company behind Worldcoin, has reportedly reached out to card issuers to explore the potential for Visa integration. The plan is for the World App to offer features that enable users to make payments at millions of Visa-accepting merchants worldwide.
Worldcoin's Ambitions and Challenges
Worldcoin employs a unique 'proof of personhood' verification process using iris scanning with the Orb device, granting users a World ID. However, the biometric data collection method has faced criticism and led to investigations in several European countries. In December 2024, a German regulator ordered Worldcoin to delete improperly collected data and ensure GDPR compliance.
Worldcoin Ecosystem and Expansion
Worldcoin is actively expanding its ecosystem, recently adding World Chat, a secure messaging platform integrated with the World App. The partnership with Visa could position Worldcoin as a leading tool for advanced fintech services, including crypto payments and cross-asset functionalities.
The integration with Visa could significantly expand Worldcoin's user capabilities and strengthen its position in the crypto wallet market, despite current challenges and issues.
