{"id":404541,"date":"2024-07-05T18:00:07","date_gmt":"2024-07-05T12:30:07","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=404541"},"modified":"2024-07-05T14:23:54","modified_gmt":"2024-07-05T08:53:54","slug":"tangem-to-unveil-its-first-crypto-visa-payment-card-combined-with-a-hardware-wallet","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/tangem-to-unveil-its-first-crypto-visa-payment-card-combined-with-a-hardware-wallet\/","title":{"rendered":"Tangem to unveil its first crypto Visa payment card combined with a hardware wallet"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Tangem AG, the leading global provider of secure hardware wallet solutions, is thrilled to announce a partnership with Visa, a world leader in digital payments, <\/span><span style=\"font-weight: 400;\">to enable an innovative <\/span><span style=\"font-weight: 400;\">self-custodial payment solution for hardware wallets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This important development <\/span><b>introduces a Visa payment card that is combined with a hardware wallet <\/b><span style=\"font-weight: 400;\">that empowers Tangem users to make seamless payments using their crypto or stablecoin balance at a Visa-accepting merchant location. <\/span><span style=\"font-weight: 400;\">This technology will be accessible via a Tangem Visa card across Europe<\/span><span style=\"font-weight: 400;\">. Tangem will also make this technology available to other issuers who are interested in leveraging it for their own customers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike traditional custodial solutions, which depend on third-party entities to handle user funds, <\/span><span style=\"font-weight: 400;\">Tangem&#8217;s card <\/span><b>embeds a private key within <\/b><span style=\"font-weight: 400;\">the chip and requires the physical card&#8217;s use in every transaction<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">This helps ensure that users can maintain exclusive control over their assets at all times.<\/span><\/p>\n<p><b>Cuy Sheffield, Vice President and head of Crypto, at Visa, comments:<\/b><span style=\"font-weight: 400;\"> \u201c<\/span><i><span style=\"font-weight: 400;\">At Visa, our commitment to security is ingrained in our pursuit to help evolve the crypto ecosystem. With our partnership with Tangem aimed at driving the creation of next-gen payment solutions, we are excited to work with Tangem to help enable effortless payments with digital currencies designed with security in mind.\u201d\u00a0\u00a0<\/span><\/i><\/p>\n<p><b>Andrey Kurennykh, co-founder and CEO of Tangem<\/b><span style=\"font-weight: 400;\">:<\/span><i><span style=\"font-weight: 400;\"> \u201c<\/span><\/i><i><span style=\"font-weight: 400;\">We are delighted that Visa has chosen to partner with Tangem, one of the most reliable and secure solutions for personal cryptocurrency storage. <\/span><\/i><i><span style=\"font-weight: 400;\">Our users will get <\/span><\/i><b><i>a two-in-one solution<\/i><\/b><i><span style=\"font-weight: 400;\"> \u2013 the convenience of a regular bank card and the capabilities of a self-custodial crypto wallet, all in one card. This is a significant step towards bridging the gap between traditional banking and digital assets, making it easier for everyday users to navigate and leverage the benefits of both worlds\u201d.\u00a0<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Tangem&#8217;s self-custodial payment solution brings us one step closer to a decentralized future.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stay tuned for further updates on its release and availability.\u00a0<\/span><\/p>\n<h3><b>About Tangem<\/b><\/h3>\n<p><a href=\"https:\/\/tangem.com\/en\/\"><span style=\"font-weight: 400;\">Tangem Wallet<\/span><\/a><span style=\"font-weight: 400;\"> is a card-shaped self-custodial cold wallet that gives you full control of your private keys. The Swiss-based company launched in 2017 with a mission of bringing mass adoption of digital assets using a unique combination of a smartcard-based hardware wallet and mobile applications.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company launched its bank card-shaped hardware wallet in 2021, introducing an innovative concept of a seedless self-custodial multi-currency wallet. The wallet allows users to store, buy, earn, transfer, and swap over 6,000 cryptocurrencies and digital assets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since its launch, Tangem has produced over 1,000,000 cards and none have been hacked. The Tangem wallet is currently available in 160+ countries and expanding to new jurisdictions in the future.\u00a0<\/span><\/p>\n<h3><b>Contact Info<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Darya Karpukova, CCO\u00a0<\/span><\/p>\n<p><a href=\"mailto:press@tangem.com\"><span style=\"font-weight: 400;\">press@tangem.com<\/span><\/a><\/p>\n<div><strong>Disclaimer: This is a paid post and should not be treated as news\/advice.<\/strong><strong>\u00a0\u00a0<\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tangem AG, the leading global provider of secure hardware wallet solutions, is thrilled to announce a partnership with Visa, a world leader in digital payments, to enable an innovative self-custodial payment solution for hardware wallets.\u00a0 This important development introduces a Visa payment card that is combined with a hardware wallet that empowers Tangem users to<a href=\"https:\/\/ambcrypto.com\/tangem-to-unveil-its-first-crypto-visa-payment-card-combined-with-a-hardware-wallet\/\">Continue reading <span class=\"sr-only\">&#8220;Tangem to unveil its first crypto Visa payment card combined with a hardware wallet&#8221;<\/span><\/a><\/p>\n","protected":false},"author":85,"featured_media":404543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[18,2],"tags":[],"class_list":["post-404541","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hide-cryptopanic","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - 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