The Ternio fintech platform has announced that it has joined Visa’s Fast Track programme as a licensing partner focused on cryptocurrencies.
Through this collaboration, Ternio will help accelerate the growth of digital payments and the enabling of blockchain technology for other fintech startups.
In fact, in addition to leveraging Visa’s global payment network, it will also introduce new crypto-friendly payments.
The agreement between Ternio and Visa
In particular, it will make available the services offered through its existing BlockCard platform, which allows users to use an easy way to interact with cryptocurrencies thanks to connected debit cards and bank accounts that can act as an easy off-ramp from fiat to crypto.
Ternio is already powering other debit card programmes in the crypto sector, and by joining Visa’s Fast Track programme it will be able to develop new products to try and bridge the gap between fintech and cryptocurrencies.
Ternio is a global fintech platform built using blockchain, connecting traditional companies, banking system, fintech, and systems with blockchain infrastructure.
In particular, the BlockCard allows users to make crypto payments in over 50 million shops worldwide.
The CEO and co-founder of Ternio, Daniel Gouldman, said:
“Ternio is the leader in white-label technology for companies in the cryptocurrency space and we’re thrilled to deepen our partnership with Visa to further drive interoperability between blockchain and legacy financial systems. By becoming part of Visa’s FastTrack program, Ternio will be able to further accelerate and scale our existing Visa card programs while simultaneously offering a suite of additional services”.
The Global Head of Fintech at Visa, Terry Angelos, commented:
“We are excited to partner with Ternio as a cryptocurrency focused enablement partner that can help fintechs of all sizes access the reach, scale and security of the Visa network. 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. We have strategically evolved both our platforms and how we work with partners and customers to encourage a broadening fintech ecosystem. Our work with Ternio is a stepping stone in that evolution and we look forward to further supporting them on their journey”.
