Visa believes that digital currencies have the potential to extend the value of digital payments to a greater number of people
Visa has unveiled in the digital currency strategy that its product and research teams continue to evolve their offering in crypto space.
Firstly, Visa aims to focus on security, privacy, integrity, and trust. It will maintain attention on data protection, consumer privacy and fairness, and full compliance with all applicable laws.
The company will also support the digital currencies and blockchain networks, in keeping with its broader network-of-networks strategy.
The strategy also reveals that Visa will pursue projects that allow applying the expertise in securing transaction data to new networks and technologies that can benefit existing clients and partners.
We’ve reported that PayPal is continuously monitoring and evaluating global developments in the crypto, blockchain, and distributed ledger space.