Tangem AG, the main world supplier of safe {hardware} pockets options, is thrilled to announce a partnership with Visa, a world chief in digital funds, to allow an modern self-custodial fee answer for {hardware} wallets.
This essential improvement introduces a Visa fee card that’s mixed with a {hardware} pockets that empowers Tangem customers to make seamless funds utilizing their crypto or stablecoin steadiness at Visa-accepting service provider location. This expertise will probably be accessible through a Tangem Visa card throughout Europe. Tangem will even make this expertise out there to different issuers who’re considering leveraging it for their very own prospects.
In contrast to conventional custodial options, which depend upon third-party entities to deal with consumer funds, Tangem’s card embeds a personal key inside the chip and requires the bodily card’s use in each transaction. This helps be sure that customers can keep unique management over their belongings always.
Cuy Sheffield, Vice President, Head of Crypto, Visa, feedback: “At Visa, our commitment to security is ingrained in our pursuit to help evolve the crypto ecosystem. With our partnership with Tangem aimed at driving the creation of next-gen payment solutions, we are excited to work with Tangem to help enable effortless payments with digital currencies designed with security in mind.”
Andrey Kurennykh, co-founder and CEO of Tangem: “We are delighted that Visa has chosen to partner with Tangem, one of the most reliable and secure solutions for personal cryptocurrency storage. Our users will get a two-in-one solution – the convenience of a regular bank card and the capabilities of a self-custodial crypto wallet, all in one card. This is a significant step towards bridging the gap between traditional banking and digital assets, making it easier for everyday users to navigate and leverage the benefits of both worlds”.
Tangem’s self-custodial fee answer brings us one step nearer to a decentralized future.
Keep tuned for additional updates on its launch and availability.
About Tangem
Tangem Pockets is a card-shaped self-custodial chilly pockets that provides you full management of your personal keys. The Swiss-based firm launched in 2017 with a mission of bringing mass adoption of digital belongings utilizing a novel mixture of a smartcard-based {hardware} pockets and cellular purposes.
The corporate launched its financial institution card-shaped {hardware} pockets in 2021, introducing an modern idea of a seedless self-custodial multi-currency pockets. The pockets permits customers to retailer, purchase, earn, switch, and swap over 6,000 cryptocurrencies and digital belongings.
Since its launch, Tangem has produced over 1,000,000 playing cards and none have been hacked. The Tangem pockets is at present out there in 160+ international locations and increasing to new jurisdictions in future.
Contact Information
Darya Karpukova, CCO
[email protected]
