📢 Singapore🇸🇬: RedotPay🇨🇳, StraitsX, and Visa launch advanced crypto cards

📢 Singapore🇸🇬: RedotPay🇨🇳, StraitsX, and Visa launch advanced crypto cards

RedotPay, in collaboration with StraitsX and Visa, has launched crypto credit cards for seamless transactions.

➡️ StraitsX, a blockchain platform with official banking license in Singapore, serves as the BIN sponsor.

➡️ RedotPay contributes with its real-time conversion technology to facilitate payments.

➡️ Visa provides its global payment infrastructure, ensuring widespread acceptance.

➡️ According to a Visa study, 60% of consumers in Singapore are already familiar with cryptocurrencies and their use.

➡️ Over 35% of crypto holders in Singapore use their cryptocurrencies for retail purchases.

This new product could offer an efficient alternative to traditional payment methods in Singapore, where new AML (anti-money laundering) regulations are still in place.

#news #crypto #Asia

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