Wednesday, April 28th, 2021
Kansas-based neobank First Boulevard has recently announced the launch of Visa’s pilot program. Thanks to this program, customers can purchase and sell Bitcoin. Below, you can learn more about these crypto-enabled cards and know who can help you with payment processing services.
First Boulevard & Visa Cooperation
Visa Inc. has entered into a partnership with First Boulevard, a digitally native neobank aimed at financially empowering the Black community. Visa has introduced its pilot program called “Visa Crypto APIs” (application programming interfaces). The program allows financial companies to use crypto such as Bitcoin and customers to purchase and sell digital assets.
First Boulevard is the first bank to start this new program, enabling customers to buy, custody and sell digital assets held by Anchorage, the most advanced and secure crypto platform.
This program is paving a path towards API capabilities that enable additional Visa clients to get access and integrate crypto features into the products they offer. Do you find this new program interesting?
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Visa Crypto API & Crypto-Enabled Cards
Thanks to Visa’s new API, different private banks can enjoy Anchorage’s capacity for bitcoin exchange. As a result, bank customers throughout the country can purchase, custody and trade digital assets, according to Nasdaq.
Jack Forestell, Chief Product Officer at Visa, notes that they aim to connect digital currencies with Visa’s global network of tens of millions of merchants. As a major player among networks for crypto wallets, Visa, with its pilot program, brings added value to its neobank and financial institution clients by connecting them to crypto assets and blockchain networks.
To wrap things up, Visa Inc. has recently partnered with the digitally native neobank First Boulevard. The latter is the pilot company to start Visa’s new suite of crypto APIs. Thanks to this program, customers can buy, custody and sell digital assets.