American multinational financial services corporation; Visa Inc., has announced that it is terminating all of its global credit card agreements with the troubled cryptocurrency exchange; FTX.
A spokesperson for Visa which is the biggest payments processor in the world made it known that, “The situation with FTX is unfortunate and we are monitoring developments closely.”
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The spokesperson added that, “We have terminated our global agreements with FTX and their U.S. debit card program is being wound down by their issuer.”
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Visa Inc., and FTX had back in October of 2022 made it known that they had expanded their partnership in addition to a number of plans to launch account linked Visa Ebit cards in a total of forty (40) new countries.
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