Tangem AG, a global provider of secure hardware wallet solutions, has partnered with Visa to create an innovative self-custodial payment solution for hardware wallets. The partnership allows Tangem users to make seamless payments using their crypto or stablecoin balance at Visa-accepting merchant locations.
The technology will be accessible via a Tangem Visa card across Europe and will also be made available to other issuers for their own customers. Tangem’s card embeds a private key within the chip and requires the physical card’s use in every transaction, ensuring users maintain exclusive control over their assets.
Visa’s Vice President, Head of Crypto, Cuy Sheffield, expressed excitement about the partnership and its potential to drive the creation of next-gen payment solutions.
Tangem co-founder and CEO, Andrey Kurennykh, expressed delight at the partnership, stating that users will get a two-in-one solution – the convenience of a regular bank card and the capabilities of a self-custodial crypto wallet, all in one card.
