The payment giant Visa, in cooperation with the Japanese application developer LINE Pay, will provide customers with access to new fintech services on the blockchain. It is reported by CoinDesk.
Thus, within the framework of cooperation, products will be issued that will allow making B2B- and cross-border payments, as well as carrying out “alternative currencies transactions”.
Thanks to the cooperation, LINE Pay users will also have the opportunity to work with Visa digital cards in mobile wallets.
With Visa’s global network and infrastructure, LINE Pay users will be able to enjoy the advantages of that innovative, worldwide network.
CEO, LINE Pay and LINE Fintech Company.
It should be noted that neither the developers nor the payment giant declare it is about cryptocurrencies. Nevertheless, last year the parent company of LINE Pay opened a unit focused on working with cryptocurrency services.
In particular, the Line messenger launched its own public blockchain Link Chain and a cryptocurrency called Link.