Cryptobuyer announces partnership with VISA

Cryptobuyer announced its partnership with VISA.

The companies reached an agreement to emit a free bitcoin debit card, making it easy for people around the world to send money to their Venezuelan family and friends. The debit card can be reloaded with the equivalent bitcoin balance in Venezuelan Bolivars, enabling people to spend their coins or withdrawing local currency in the vast network of point-of-sales or ATMs. All without the need of a bank account or intermediaries like traditional remittance companies.

“It’s very exciting for us to see our dreams come to fruition to be the very first Venezuelan company to offer real-world solutions, using the power of blockchain technology, not only to tech-savvy individuals but to the general population who is undergoing a severe economic crisis, enabling them to buy food, medicines, and first necessity items. It has been and arduous process, but we firmly believe that it will pay-off with the joy we may bring to the people undergoing harsh circumstances,” said Cryptobuyer.

Cryptobuyer is a bitcoin startup based in Venezuela.