Future of payments: Visa to invest $100M in generative AI
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993.
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Digital Yuan app adds prepaid Mastercard VISA top-ups for tourists
The Digital Yuan app now allows tourists to top-up e-CNY wallets with Mastercard & VISA payment with 'recharge first and use later' option.
Visa Broadens Stablecoin Settlement Reach with Circle’s USDC by Tapping Solana
Global payments processing giant Visa has announced expanding its stablecoin settlement capabilities to the Solana blockchain. Visa has successfully conducted real-world pilot tests with both issuers and acquirers, facilitating the…
Visa taps into Solana to widen USDC payment capability
The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain.
Stablecoins Settled as Much Value as Visa in 2022: Analysis
Stablecoin payment adoption continued to thrive last year despite massive capital outflows from the crypto market at large, according to a new report from European hedge fund manager Brevan Howard.…
Visa Pilots Innovative Approach for Paying On-Chain Gas Fees with Visa Card
American payment goliath Visa is exploring ways to facilitate payment of on-chain gas fees through the use of a Visa card. In a recent report, Visa’s Product Manager Mustafa Bedawala…
Visa explores crypto gas fees payments through cards
Visa’s innovative solution employs Ethereum’s ERC-4337 standard and the “Paymaster” smart contract, enabling off-chain gas fee settlement.
Crypto Exchange Lama Unveils Visa Cards With 2% Bitcoin Cashback
European crypto exchange Lama announced the launch of its Visa cards, enabling users to spend their crypto assets anywhere and convert them to fiat instantly. According to a press release…
Visa Deploys ‘Paymaster’ Contracts on Ethereum Testnest for Gasless Transactions
Global payments giant Visa has deployed experimental smart contracts on Ethereum’s Goerli testnet to pilot gasless transactions through account abstraction. The two sets of smart contracts, dubbed Paymaster, will simplify…
Binance Reportedly Removes Restrictions on Russian Users
The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to…
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