This week is really important and full of expectations for our project. We are preparing some great news for you guys, regarding our further cooperation as well as official APP production.
While we are waiting for an upcoming news, we decided to continue an “Ask me anything” rubric and today’s question is “World Bit Bank and VISA cooperation”
Well, to begin with, we would like to say that VISA — is the world’s second-largest card payment organization. It is an American multinational financial services corporation headquartered in California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, gift cards and debit cards.
World Bit Bank is going to become the world’s first legal cryptocurrency bank. Our project is rather widespread and unique. That is why we are going to cooperate with the world’s largest and stable financial corporations in order to provide our users with the best services.
According to the projects road-map, after ICO is finished, we are going to buy an already existing bank. After that, we will implement cryptocurrencies into its activities. Each bank, we are going to buy, has all necessary agreements with VISA, so the electronic cards we will issue would be the same as usual bank cards. The difference is: you will have an opportunity to verify your transactions in cryptocurrency. It means you can create a bank account in any fiat currency or in cryptocurrency. Surely it would be also possible to pay either in “usual” currency or in cryptocurrency where it is possible.
