LINE Pay Partnered With VISA To Offer New Digital Payment Solutions
The Japanese messaging Giant LINE Pay is partnered with the most popular payment services firm VISA to offer new blockchain and digital payment solutions reported on 6 June 2019.
For VISA Company, Around 1.66 billion Visa debit cards and 781 million credit cards used actively around the world by people, according to the record of the end of last year.
For LINE Messaging Giant, the Company reported that they have 187 million monthly users worldwide and around 50 million users are registered on their Line Pay mobile payment service.
The main goal of the partnership of these two large companies is to provide more and better services to its users that containing the use of blockchain technology to develop better fintech solutions that make business-to-business and cross-border payments easy, cheap and fast.
LINE also promised that anytime in future its users will be allowed to apply for a digital Visa card from their app as well as will be able to integrate existing Visa cards.
These companies together announced their new plans on the new merchant-focused solutions where different LINE Pay services will be integrated at Visa’s 54 million merchant locations worldwide.
LINE Pay digital wallet will help users to track their merchant transactions even if LINE Pay is not allowed to use directly in some regions.
Previously, Popular Portuguese Sports Club SL Benfica Starts Accepting Cryptocurrency to buy tickets and merchandise reported on 6 June 2019.
