Crypterium is set to launch a physical US Visa card in Q1 2022, according to an update shared with CI.
Crypterium, the crypto wallet app with more than 400,000 customers in 170+ countries, has been a part of the Visa Fast Track program for more than a year. Visa Fast Track is a program offering Visa-powered on-boarding features to emerging Fintech groups and firms.
Crypterium’s management noted that they are looking forward to expanding operations in the US soon and are currently negotiating on a few potential partnerships. Thanks to Crypterium’s involvement with the Visa Fast Track program, the wallet app will issue a Crypterium US Visa card in Q1 2022.
Involvement in the Visa Fast Track program requires clearing an extensive audit for suitability. Crypterium’s wallet and exchange features “proved suitable enough to participate in the program, and the company is seeing results one year later with the upcoming US card,” the announcement revealed.
Crypterium CEO Steven Parker stated:
“Our involvement in the Visa Fast Track program is paying off in ways that will significantly expand Crypterium’s user base. Upon its launch, the Crypterium US Visa card enables our users to carry out their crypto transactions in yet another way. This additional feature underlines Crypterium’s mission of providing the most accessible crypto experience out there.”
Parker added:
“This is the beginning of a big push for the world’s largest payments market, and we will follow this with similar programs for Canada and Latin America, where cryptocurrency is proving to be very popular/”
Visa’s Fintech Fast Track program offers startups like Crypterium with direct access to the payment giant’s fast-growing partner network and its experts who can assist with further expanding their business in “the most efficient way possible.”
You may learn more about Visa’s Fintech Fast Track program here.
