It was reported on July 14 that a start-up company created by two UTS partners has persuaded the global credit card giant Visa to approve the issuance of physical debit cards that will allow users of the CryptoSpend app to spend them in stores and bars The bitcoin transaction profit is on the existing payment terminal.

This is the first time that a debit card issued in Australia can be used to pay for cryptocurrency. The debit card runs on the network of one of the international card programs and highlights the global initiatives of Visa and Mastercard to enable Bitcoin and other digital Currency is easier to use to pay for daily necessities.

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Post time: Jul-14-2021