Bitcoin Fold Joins Visa Program

12.04.2020 / Payment system news

The Bitcoin Fold crypto application has become a member of the Visa program aimed at creating its own fintech project debit card. With its help, holders will be able to earn bonuses from purchases in bitcoins and spend them at their discretion.

It is worth noting that Fold is the first cryptocurrency company that has passed the moderation of all economic indicators and a development plan. “Together with Visa’s Fast Track, companies like Fold have a unique opportunity to work with Visa experts, technology, and resources,” the head of fintech Visa Inc. said in a statement. Terry Angelos.

In turn, Fold co-founder Will Reeves emphasized that as the cryptocurrency industry developed, the company also underwent a number of changes. “We have transformed to match the true value of Bitcoin, providing you with the easiest way to accumulate this new asset, and also to make it so that users do not have to buy it and go through KYC,” he said.

We add that the program created by Visa for the instant integration of fintech startups with a payment service currently only works in the United States.