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Usha Yadav
May 6, 2022
by Usha Yadav

Bitlocus Partners With Striga to Launch a Crypto-Friendly Visa Debit Card 

Crypto-Friendly Visa Debit Card 
Bitlocus, a fintech company that allows fiat consumers to connect with decentralized finance (DeFi) protocols, has partnered with crypto banking as a service platform Striga to produce a crypto-friendly Visa debit card. This card will allow users to buy products and services with their cryptocurrency at any retailer that accepts Visa cards.

According to a press release, cardholders will be able to spend their digital assets on POS (Point of Sale) devices, withdraw cash from ATMs, and make online purchases. Visa cards are accepted at more than 70 million merchant locations worldwide, according to Bitlocus.

Merchants will be able to make payments using their tokens listed on the Bitlocus exchange, ensuring that companies benefit anytime customers pay for goods or services with the Bitlocus card. Aside from that, business customers will have the option of having their logo attached to the card.

Physical and virtual versions of the cards will be available. Bitlocus stated that registration on the waiting list would be announced soon.

Visa's Crypto-Linked Cards Are Still Available

This comes as Visa's crypto-linked cards continue to gain traction. According to the company, transactions through the company's crypto cards hit $1 billion in the first half of 2021. The financial services giant said the transaction volume of crypto-linked cards surpassed $2.5 billion in Q1 2022, continuing the trend.

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Bitlocus Partners With Striga to Launch a Crypto-Friendly Visa Debit Card 
Usha Yadav
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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