• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 21, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Bitcoin

Visa to soon “Enable Bitcoin Purchases” says CEO

by Reshab Agarwal
March 18, 2021
in Bitcoin, Crypto, News, Trending
Reading Time: 3 mins read
0
Visa to soon “Enable Bitcoin Purchases” says CEO
TwitterWhatsappLinkedin

The era of cryptocurreny is going to begin very soon, or could we say it has already begun. Well, the CEO of VISA, one of the largest payment method companies globally, did say that they are working to “enable bitcoin purchases”. If that happens very soon, every merchant that comes under them could receive payments in cryptocurrency. This will make it ultimately possible to actually treat them as a curreny and not an investment.

You might also like

Ripple (XRP) crash? WinnerMining makes a stable profit of $1,780 per day!

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

What does Visa plan to do?

 

Debit Cards | Visa

It is not that easy for Visa to implement a proper Bitcoin payment method system. This is because if they just accept Bitcoin and store it as it is, many of their merchants might not be happy. Most possibly, more of them would want a more stable form of curreny like the dollar. So, Visa is looking to partner with some Bitcoin wallets that will help them convert the received payments instantly into fiat curreny. It will then be transferred to the merchant’s account.

It is also very possible that with time, Visa adds the options of other popular cryptocurrencies to be used as a payment method. This includes Ethereum, ADA, Tether and others. The CEO of the company did add that they are looking into stablecoins being seen as a valid payment method on their platform. He believes that they could really take off. As of now, Visa os focusing on Bitcoin and has partnered up with are BlockFi, Fold and Crypto.com.

How will adding Bitcoin as a payment method change everything?

Bitcoin and us dollar

One of the main reasons to enable Bitcoin purchases is to help smaller businesses generate more revenue. Visa says that it could be very beneficial for a lot of stores. At the same time, the use of Bitcoin as a payment method will be widely accepted very soon. Even now, Bitcoin’s price has been going up and up, so with this new move, there could be a huge bullish trend, and we could soon touch $100k. We have already seen companies investing a lot in Bitcoin. So, it won’t be a shock to see them accepting their investment as a payment method. Even Tesla, after than $1.5 B investment, did say that they will soon start accepting Bitcoin payments.

Other companies enabling crypto purchases but not Bitcoin

Another major payment method company that plans on adding crypto purchases for their merchants is Mastercard. But it is said that the company will not add BTC to their payment portal. And the reason cited for this is very practical, that is, volatility. Mastercars thinks that BTC is very volatile to be used as a payment method, and I don’t think they are wrong. So, yeah, they will be supporting stabler cryptocurrency like Tether.


What are your thoughts on the fact that Visa will soon enable Bitcoin purchases? Let us know in the comments below. Also, if you found our content informative, do like it and share it with your friends.

Also Read: This one person saved SpaceX from shutting down.

Tweet54SendShare15
Previous Post

Viz.ai bags USD 71 million to expand its AI capabilities

Next Post

Intel hires Apple’s ‘I’m a Mac’ actor for advertising PCs in new ads

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

Ripple (XRP) crash? WinnerMining makes a stable profit of $1,780 per day!

by Techstory
June 21, 2025
0
Ripple (XRP) crash? WinnerMining makes a stable profit of $1,780 per day!

Due to the tension between Iran and Israel, the value of most cryptocurrencies has fallen. In the past week, XRP fell by about 7%. This sudden drop has...

Read more

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

by Harikrishnan A
June 21, 2025
0
Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Eutelsat, the European satellite company, made headlines this week as its stock surged an impressive 31% on Friday. The rally came right after the company announced it had...

Read more

Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

by Harikrishnan A
June 21, 2025
0
Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

In a courtroom in Piraeus, Greece, silence quickly turned to shock when three police officers stepped forward, handcuffed a 59-year-old man, and led him away. Moments earlier, the...

Read more
Next Post
Intel Apple

Intel hires Apple’s ‘I’m a Mac’ actor for advertising PCs in new ads

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?