Simplex: Becomes Visa Principal Member

  • Israel-based payments processor Simplex said Tuesday it has become a principal member of the Visa network
  • Through the membership, Simplex now has permission to issue Visa cards , giving its consumers access to digital currencies daily
  • Simplex launched its platform in 2014 allowing consumers to buy digital currencies with their credit cards
  • Earlier this year, Simplex made Hedera Hashgraph’s native cryptocurrency HBAR available for purchase through its platform
  • Offering convenience, reduced costs, and faster transactions across their entire partner network
  • The expanded Visa Simplex partnership marks a new phase of financial accessibility throughout the world
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Northern Trust Strengthens Asset Management with Tokenized Money Market Share Class

New offering aims to enhance liquidity and investment flexibility.Highlights: Northern Trust introduces a tokenized money market share class.This...

FundBank Strengthens Position with Acquisition of TRRUE Blockchain Firm

The acquisition enhances FundBank's capabilities in blockchain technology.Highlights: FundBank has acquired the Irish blockchain firm, TRRUE.The acquisition aims...

Visa Strengthens Ties as Anchor Investor in PayPay IPO

Visa commits to supporting PayPay's growth through IPO investment.Highlights: Visa invests as anchor in PayPay's IPO.This move highlights...

Santander and Mastercard Complete Europe’s First Live Agentic AI Transaction

This groundbreaking transaction marks a milestone in AI-driven financial technology.Highlights: Santander and Mastercard execute Europe’s first agentic AI...