Netherlands-based Quantoz Payments has entered into a strategic partnership to become a direct Visa principal member. The collaboration positions Quantoz as a direct Visa principal member, empowering it to issue virtual Visa debit cards and serve as a BIN sponsor for third-party fintechs and platforms. This will allow users to spend e-money and stablecoins seamlessly at any Visa-accepting merchant worldwide.

The partnership aims to integrate regulated digital money into mainstream payment systems, making it easier for consumers and businesses to use stablecoins for everyday transactions. Through Quantoz's platform, virtual Visa cards can be issued and linked directly to customers' account balances, supporting payments online, in physical stores, and via popular mobile wallets like Apple Pay and Google Pay. This development is part of Quantoz's embedded payments suite, with technical integrations already in progress to streamline adoption.

Arnoud Star Busmann, CEO of Quantoz Payments, highlighted the significance of the deal:

"Becoming a Visa principal member is a major milestone for Quantoz. It allows us to make regulated digital money truly usable in day-to-day payments, while removing the complexity for fintechs and platforms. By handling the regulatory, operational, and technical heavy lifting, we enable our partners to launch branded card products that connect compliant digital money with one of the world’s most widely accepted payment networks."

Visa, known for its vast network that processes billions of transactions annually, sees the partnership as a step toward fostering innovation in the fintech space. Jos van de Kerkhof, Visa's Country Manager for the Netherlands, stated:

"Visa is focused on enabling innovation across the payments ecosystem and supporting new ways for digital value to be used within trusted payment experiences. Partnerships like this help fintechs and platforms explore how regulated digital money can integrate with established card infrastructure, while maintaining strong standards for security and compliance."

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https://www.Quantoz.com/blog/quantoz-partners-with-visa-to-make-stablecoins-spendable