The global fintech platform Ternio has joined Visa’s Fast Track program as a cryptocurrency-focused enablement partner. This collaboration aims to streamline the development of crypto-friendly payment solutions, making it easier for fintechs to integrate Visa’s global payment network.
What Does This Partnership Mean?
By joining Visa’s Fast Track program, Ternio will:
- Accelerate Digital Payments: Help fintechs leverage Visa’s infrastructure to create crypto-friendly solutions.
- Expand Crypto Accessibility: Enable seamless fiat-to-crypto transactions using Ternio’s Blockcard platform, which links debit cards and bank accounts for easy on/off-ramp functionality.
Terry Angelos, Visa’s Global Head of Fintech, expressed his enthusiasm:
“Ternio’s focus and expertise in the crypto ecosystem will help Fast Track companies focused on digital currencies to quickly and easily access Visa’s platform and its scale.”
Ternio’s Vision for the Crypto Ecosystem
Ternio has already made waves in the cryptocurrency space through partnerships like the Litecoin Card in collaboration with the Litecoin Foundation. By becoming a Fast Track enablement partner, Ternio aims to drive:
- Interoperability: Bridging blockchain technology with legacy financial systems.
- Scalable Solutions: Expanding its Visa-powered card programs globally.
- Consumer-Centric Innovation: Delivering better, cheaper, and faster fintech products.
Daniel Gouldman, Ternio’s CEO and Co-Founder, emphasized the company’s commitment:
“By becoming part of Visa’s Fast Track program, Ternio will be able to further accelerate and scale our existing Visa card programs while simultaneously offering a suite of additional services.”
Blockcard: Ternio’s Flagship Platform
The Blockcard platform is at the core of Ternio’s vision, providing users with:
- Ease of Use: Linking debit cards and bank accounts for effortless crypto transactions.
- Global Reach: Operable at over 61 million merchants worldwide that accept Visa.
- Real-World Utility: Bridging the gap between digital currencies and everyday payments.
Symbiosis Between Ternio and Visa
Visa’s ongoing embrace of digital payments aligns seamlessly with Ternio’s mission to enhance blockchain technology’s practicality in fintech. Through this partnership, both companies aim to foster innovation, accessibility, and scalability in the financial ecosystem.
Conclusion
Ternio’s integration with Visa’s Fast Track program is a significant step toward bridging the gap between cryptocurrencies and traditional payment systems. With this partnership, Ternio continues to pioneer crypto-friendly solutions that deliver real-world value, driving the future of digital payments.
To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.
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