FV Bank has announced a partnership with Visa to introduce a new suite of debit. It corporate expense cards at the Money 20/20 event in Las Vegas. Currently available to U.S. and international customers. These cards provide seamless global access to their FV Bank fiat and digital-asset balances. The initiative is the first vertically integrated solution. This is whereby a digital asset custodian, bank, and card issuer all come together. They in concert offer one complete service for worldwide payments.
As one of the principal members of Visa, the debit cards issued by FV Bank support. This is with millions of merchants and ATMs throughout the world. Payment can be enabled via a magstripe, chip, and contactless options. Customers of FV Bank will also be able to manage their accounts online. This is through an online banking portal or via a mobile app. Where they will be able to easily view transactions. They can also set spending limits, change PINs, and turn off transactions.
FV Bank’s CEO and co-founder, Miles Paschini, said. “We are very pleased to introduce our new Visa debit cards to FV Bank’s international client base. This will provide our customers with easy access to their funds worldwide and greater payment flexibility.” He dubbed this a “significant milestone” for FV Bank. This is in its mission to deliver integrated digital banking solutions for both traditional and digital assets.
A Game-Changer for Corporate and Individual Users
The new corporate expense cards will present businesses with advanced financial tools in the realm of expense management. Companies will be allowed to order cards for accredited users. They will be able to set spending limits and monitor all transactions in real-time. Thus being in full control of corporate finance.
Using the Visa debit cards provided by FV Bank, its customers can do the following:
- Pay online, tap, or swipe at merchants around the world.
- Withdraw cash from ATMs from any place around the world.
- Spend directly from their linked FV Bank USD accounts in real-time, making on-the-go financial management easier.
Funding Flexibility for FV Bank Debit Cards
FV Bank supports its Visa debit cards with a range of funding options that further advance user flexibility:
- USD Deposits
- USDC Stablecoin Deposits, auto-converted
- Digital Asset Conversion direct to USD, using custodial accounts for BTC, ETH, USDC, USDT, POL, DOGE, and DOT, facilitated by FV Bank’s Convert feature.
Luis Guerra, Visa country manager in Puerto Rico, added his two cents on the advantages brought about by this deal: “These cards provide seamless access to FV Bank and offer global payment convenience and enhanced financial flexibility.” He reaffirmed Visa’s commitment to expanding its digital payment reach.
About Visa
Visa is a worldwide leader in digital payments, facilitating seamless connections between consumers, merchants, and financial institutions in more than 200 countries. Its mission is to enable secure and convenient global payments to enable individuals and businesses everywhere to thrive.
About FV Bank
FV Bank is a fully licensed and regulated bank offering USD banking, digital asset custody, money market accounts, and crypto-to-fiat conversion on one integrated platform. FV Bank is committed to “Bank the Future,” with a focus on security, innovation, and compliance.
For more information on FV Bank’s newest Visa Debit Cards, please visit the bank’s website at FV Bank.
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