Visa Inc. (NYSE:V) on Thursday disclosed that it partnered with global payments platform Mercuryo to enable fast and seamless crypto-to-fiat off-ramps through Visa Direct, Visa’s real-time payments platform.
This collaboration allows Mercuryo's eligible users to convert digital assets into fiat currency directly on their Visa debit or credit cards, nearly instantly and at a low cost.
Visa Direct supports efficient money movement across brokerage, crypto, and digital banking accounts, helping expand the reach of secure, real-time payments globally.
Visa's partnership with Mercuryo leverages its network of wallets, exchanges, and payment systems to provide millions of users with seamless crypto-to-fiat conversions within trusted platforms.
Using Visa Direct's global network, Mercuryo enables faster cross-border payments and instant access to local fiat currencies, advancing mass Web3 adoption.
Management Commentary
Anastasia Serikova, Head of Visa Direct, Europe, added, “By leveraging Visa Direct’s capabilities, Mercuryo is not only making converting to fiat faster, simpler, and more accessible than ever—it’s building bridges between the crypto space and the traditional financial system.”
”This integration empowers users to seamlessly convert digital assets into fiat in near real time, creating a more connected and convenient payment experience.”
Credit Card Competition Act Could Reshape Visa
This week, the company faced pressure following a recent push from President Donald Trump regarding credit card regulations.
This regulatory threat raises concerns about the sustainability of Visa's high-margin fee structure, which is vital for its profitability. If the proposed changes are enacted, banks may demand lower network fees, further squeezing Visa's revenue streams.
Visa plans to release fourth quarter FY25 earnings results on Jan. 29, 2026.
Price Action: V shares are up 0.15% at $325.76 at the last check on Thursday.
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