CoinZoom, which is a cryptocurrency exchange based in the U.S., has declared that it has partnered with Fintech program of Visa. The venture aims to speed up the process of integration with Visa so that CoinZoom can upgrade the qualities, reach, and protection that Visa's international payment methods are offering to its consumers. By means of Fast Track, CoinZoom will provide its consumers with a simple procedure to transfer funds from CoinZoom wallet to their debit cards directly.
At the moment, CoinZoom is offering CoinZoom Visa debit cards that enable its US-based users to convert their cryptocurrency into fiat and use it over around 53 million merchants and ATMs around the world that accept Visa. Through the recent partnership with Visa, the upgrade allows integration of Visa Direct, Visa's real-time push payment platforms, and engagement in the Fintech Fast Track program. CoinZoom Instant is a new revolutionary platform for customers that will bring ease for crypto traders.
The new upgrade with VisaDirectCoinZoom Instant enables the customers to transfer their crypto assets into fiat and keep them in their debit cards. The upgrade will aid the procedures of peer-to-peer transfers, withdrawals through the app, and complete business payouts. CoinZoom customers can enjoy 3 percent paybacks when they use Coin Zoom Instant to transfer the fund.
Todd Crosland, the CEO of CoinZoom, declared that “We’re excited to expand our money transfer services and launch CoinZoom Instant through this collaboration with Visa”.
“Our customers can currently send fiat or crypto instantly to other users for free via our peer-to-peer transfer feature, ZoomMe, and now through our expanded collaboration with Visa, we will be able to provide premier service to global customers in the peer-to-peer marketplace, that totals over $20T per year. Through the integration with Visa Direct, our U.S. customers will be able to convert crypto and send their fiat to their eligible debit cards in real-time, as opposed to waiting 2-3 days for a bank wire. With CoinZoom Instant, customers will be able to easily send fiat or crypto from one account to another, one bank to another, or one country to another in real-time.”
Terry Angelo SVP and Global Heaf of Fintech Visa states that “By joining Visa’s Fast Track program, exciting Fintechs like CoinZoom gain unprecedented access to Visa experts, technology, and resources”. Visa Fintech Fast Track Program supports startup ventures like CoinZoom with capabilities to use Visa’s expanding diversifying partnering network. The experts can give expert advice and help in working in the most effective ways.
CoinZoom is a new platform for the exchange of assets; the application uses the diversified experiences of the team to provide premium trading quality, customer-centered services, and technologies that help the successful trading process. Services such as buying and selling of coins and expenditure of Bitcoin, Ripple, and Ethereum, and other cryptocurrencies are being offered by CoinZoom. A premium product offered by CoinZoom is the CoinZoom Visa Card. Years of experience in the niche of financial technology enable the consumer to have a safe and secure digital experience. CoinZoom is registered as a Money Services Business with FinCEN in the United States. over around 50 states. It is also registered as a Money Transfer platform in the United States., which can trade in around 48 states. CoinZoom has its subsidiaries working in Austaration and Ireland. The Australian PTY LTD of CoinZoom is authorized as Digital Currency Exchange with AUSTRAC, while in Ireland, it is registered with CoinZoon Europe limited.
Actual fund availability depends on receiving financial institution and region
2Visa Direct capability enabled through CoinZoom’s financial institution partners.