Tangem to unveil its first crypto Visa payment card combined with a hardware wallet.
Tangem
AG,
the
leading
global
provider
of
secure
hardware
wallet
solutions,
is
thrilled
to
announce
a
partnership
with
Visa,
a
world
leader
in
digital
payments,
to
enable
an
innovative self-custodial
payment
solution
for
hardware
wallets.
This
important
development
introduces
a
Visa
payment
card
that
is
combined
with
a
hardware
wallet that
empowers
Tangem
users
to
make
seamless
payments
using
their
crypto
or
stablecoin
balance
at
Visa-accepting
merchant
location.
This
technology
will
be
accessible
via
a
Tangem
Visa
card
across
Europe.
Tangem
will
also
make
this
technology
available
to
other
issuers
who
are
interested
in
leveraging
it
for
their
own
customers.
Unlike
traditional
custodial
solutions,
which
depend
on
third-party
entities
to
handle
user
funds, Tangem’s
card
embeds
a
private
key
within the
chip
and
requires
the
physical
card’s
use
in
every
transaction. This
helps
ensure
that
users
can
maintain
exclusive
control
over
their
assets
at
all
times.
Cuy
Sheffield,
Vice
President,
Head
of
Crypto,
Visa,
comments:
“At
Visa,
our
commitment
to
security
is
ingrained
in
our
pursuit
to
help
evolve
the
crypto
ecosystem.
With
our
partnership
with
Tangem
aimed
at
driving
the
creation
of
next-gen
payment
solutions,
we
are
excited
to
work
with
Tangem
to
help
enable
effortless
payments
with
digital
currencies
designed
with
security
in
mind.”
Andrey
Kurennykh,
co-founder
and
CEO
of
Tangem: “We
are
delighted
that
Visa
has
chosen
to
partner
with
Tangem,
one
of
the
most
reliable
and
secure
solutions
for
personal
cryptocurrency
storage. Our
users
will
get a
two-in-one
solution –
the
convenience
of
a
regular
bank
card
and
the
capabilities
of
a
self-custodial
crypto
wallet,
all
in
one
card.
This
is
a
significant
step
towards
bridging
the
gap
between
traditional
banking
and
digital
assets,
making
it
easier
for
everyday
users
to
navigate
and
leverage
the
benefits
of
both
worlds”.
Tangem’s
self-custodial
payment
solution
brings
us
one
step
closer
to
a
decentralized
future.
Stay
tuned
for
further
updates
on
its
release
and
availability.
About
Tangem
Tangem
Wallet
is
a
card-shaped
self-custodial
cold
wallet
that
gives
you
full
control
of
your
private
keys.
The
Swiss-based
company
launched
in
2017
with
a
mission
of
bringing
mass
adoption
of
digital
assets
using
a
unique
combination
of
a
smartcard-based
hardware
wallet
and
mobile
applications.
The
company
launched
its
bank
card-shaped
hardware
wallet
in
2021,
introducing
an
innovative
concept
of
a
seedless
self-custodial
multi-currency
wallet.
The
wallet
allows
users
to
store,
buy,
earn,
transfer,
and
swap
over
6,000
cryptocurrencies
and
digital
assets.
Since
its
launch,
Tangem
has
produced
over
1,000,000
cards
and
none
have
been
hacked.
The
Tangem
wallet
is
currently
available
in
160+
countries
and
expanding
to
new
jurisdictions
in
future.
Contact
Info
Darya
Karpukova,
CCO
Comments are closed.