Monday, October 27, 2025

Latest

Nuvei Partners With Visa to Launch Crypto-Friendly Debit Cards

Payments company Nuvei (TSX: NVEI) has partnered with Visa (NYSE: V) to create a new debit card that will be capable of making payments using cryptocurrencies.

According to a statement from Nuvei, the payment firm’s subsidiary, Simplex, will be unveiling crypto-friendly debit cards through its partners across the UK and the European Economic Area. A batch of Visa-branded cards were previously delivered to COTI— a blockchain finance ecosystem— back in September, and will now allow users to sell their crypto assets and spend the funds immediately wherever Visa is accepted.

By utilizing Nuvei’s Simplex Banking platform, the cards will serve to streamline the fiat-to-crypto-on-ramp and off-ramp process, which was previously only possible through the traditional banking system.

Information for this briefing was found via Nuvei. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

This Is Why the Gold Run Is Not Done! | Peter Marrone – Allied Gold

Recommended

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Related News

DOJ Sues Visa, Alleging Monopoly Over U.S. Debit Card Industry

In a major legal challenge to Visa’s dominance, the U.S. Department of Justice (DOJ) filed...

Wednesday, September 25, 2024, 09:16:00 AM

Crypto Card: Mastercard, Visa Are Working On Making Cryptocurrency Payments Happen

You may be able to literally pay for your everyday purchases with bitcoin soon. Mastercard...

Tuesday, August 30, 2022, 04:33:00 PM

Visa, Mastercard Walk Away from Crypto Amid Continued Market Uncertainty

As the cryptocurrency space remains in a volatile state following a series of high-profile implosions,...

Monday, March 6, 2023, 09:47:00 AM

Nuvei Conducts Secondary Bought Deal Financing For US$500 Million

Nuvei Corporation (TSX: NVEI) announced this morning that it has entered into a US$500 million...

Wednesday, June 2, 2021, 08:54:05 AM

Nuvei Reports Preliminary Q4 Revenues Between $114 – $118 Million

Nuvei Corp (TSX: NVEI) this morning released preliminary results for its fourth quarter and the...

Friday, February 5, 2021, 07:36:49 AM