Tangem AG, a leading global provider of secure hardware wallet solutions, is excited to announce its partnership with Visa, a global leader in digital payments. Together, they are launching an innovative self-custodial payment solution for hardware wallets.
This collaboration introduces a Visa payment card integrated with a hardware wallet, empowering Tangem users to effortlessly make payments using their crypto or stablecoin balance at any Visa-accepting merchant. Initially available across Europe via the Tangem Visa card, this technology will also be open for adoption by other issuers looking to enhance their customer offerings.
Unlike traditional custodial solutions that rely on third-party control over user funds, Tangem’s card embeds a private key within the chip, requiring its physical use for each transaction. This approach ensures users maintain exclusive control over their assets at all times.
Cuy Sheffield, Vice President and Head of Crypto at Visa, remarks, “At Visa, security remains central to our mission of advancing the crypto ecosystem. Through our partnership with Tangem, we’re thrilled to drive the evolution of next-generation payment solutions, facilitating seamless digital currency payments with enhanced security.”
Andrey Kurennykh, co-founder and CEO of Tangem, adds, “We’re honored by Visa’s choice to partner with Tangem, known for its reliable and secure cryptocurrency storage solutions. Our users will benefit from a two-in-one solution—a convenient bank card merged with the capabilities of a self-custodial crypto wallet, all in a single card. This represents a significant stride towards bridging traditional banking with digital assets, simplifying access and utilization for everyday users.”
Tangem’s self-custodial payment solution marks a significant advancement towards a decentralized future. Stay tuned for updates on its release and availability.
About Tangem
The Tangem Wallet is a card-shaped, self-custodial cold wallet providing complete control over private keys. Founded in Switzerland in 2017, Tangem aims to drive mass adoption of digital assets through its innovative smartcard-based hardware wallet and mobile applications.
In 2021, the company launched its bank card-shaped hardware wallet, introducing a novel seedless self-custodial multi-currency wallet concept. Supporting storage, purchases, earnings, transfers, and swaps of over 6,000 cryptocurrencies and digital assets, Tangem has produced over 1,000,000 cards since inception, all without any security breaches.
The Tangem wallet is currently available in 160+ countries and expanding into new markets.
Contact Info
Darya Karpukova, Chief Communications Officer
[email protected]
Tangem to Introduce Innovative Crypto Visa Payment Card with Integrated Hardware Wallet
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