Visa To Launch Crypto Payment for Latin Americans With Tribal

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Visa To Launch

  • Tribal Credit partners with Visa to expand financing and credit options for SMEs in Latin America.
  • The partnership will issue business credit cards in local denominations and currencies in parts of Latin America.
  • This follows after Tribal partnered with Bitso and the Stellar Development Foundation in 2021.

Visa has partnered with cryptocurrency-focused payment platform Tribal Credit to expand financing and credit options for small and medium-sized enterprises (SMEs) across Latin America.

Through the partnership with Visa, the crypto-based payment service will now be able to issue business credit cards in local denominations and currencies in most of the major Latin American regions. These countries include Mexico, Brazil, Chile, Peru, Colombia, Argentina, Panama, the Dominican Republic, and Uruguay.

According to a Tribal spokesperson, the company’s initial focus will be providing their credit service to the countries of Colombia, Peru and Chile, before expanding to the rest of Latin America.

The main aim with this Visa partnership is to provide small businesses with tra …

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