Blockchain-based payments firm Wyre has joined Visaâs Fintech Fast Track Program, allowing Wyre to integrate Visaâs technology and additional functionalities.
- Wyre said it will now be able to provide additional functionality to its users, allowing them to move money between crypto and fiat with two new offerings.
- Wyreâs push-to-debit program will now allow instant payouts of crypto holdings to users' bank accounts using the Visa debit cards.
- Secondly, Wyreâs card issuance program will allow its users to convert and spend their balances in real-time using Visa debit cards.
- The Visa Fintech Fast Track Program was launched in the U.S. in July 2019 to enable fintech startups to leverage Visaâs network, resources and services to scale quickly.
- Visaâs program will also give Wyre direct access to its partner network as well as its experts who can help expand their business in the most efficient way possible, said the firm in a press release.
