Swiss Crypto Wallet Tangem Unveils 'Tangem Pay' Collaboration with Visa

IconCryptoNewsTerminal Staff04 Jul, 2024

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Swiss Crypto Wallet Tangem Unveils 'Tangem Pay' Collaboration with Visa

Cointelegraph reports that Tangem, a Swiss crypto wallet company, has announced a partnership with Visa to launch Tangem Pay, a self-custody payment solution. Tangem Pay, set to be fully operational by year-end, will allow users to make payments directly using Visa terminals without needing to rely on third-party custodians or centralized exchanges. This partnership marks a significant step towards integrating cryptocurrencies into mainstream financial systems. By leveraging Visa's vast payment network and Tangem's secure hardware wallets, users can now spend their crypto assets with the same ease and convenience as traditional fiat currencies. This innovation aligns with the growing demand for self-custody solutions within the crypto space, enabling users to maintain complete control over their digital assets while enjoying the accessibility and flexibility of everyday payments.