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Ternio becomes Visa’s Fast Track enablement partner

By Pavithra R

October 14, 2020

  • Ternio
  • USA

Ternio, a white-label technology provider giving cryptocurrency real-world utility has announced that the company has joined Visa‘s Fast Track program as a cryptocurrency-focused enablement partner.

Being a part of Visa’s Fast Track program, Ternio will make it easier and faster for FinTech’s to leverage Visa’s global payments network and introduce new crypto-friendly payment experiences. Ternio’s Blockcard platform provides users with a seamless way to interact with cryptocurrencies using linked debit cards and bank accounts which enables easy on and off-ramp from fiat to cryptocurrencies.

“We are excited to partner with Ternio as a cryptocurrency-focused enablement partner that can help fintechs of all sizes access the reach, scale and security of the Visa network. Ternio’s focus and expertise in the crypto ecosystem will help Fast Track companies focused on digital currencies to quickly and easily access Visa’s platform and its scale. We have strategically evolved both our platforms and how we work with partners and customers to encourage a broadening fintech ecosystem. Our work with Ternio is a stepping stone in that evolution and we look forward to further supporting them on their journey,” said Terry Angelos, Visa‘s Global Head of FinTech.

Ternio powers various debit card programs in the cryptocurrency space, including the Litecoin Card which was a partnership with the Litecoin Foundation. The FinTech, by becoming a Visa Fast Track enablement partner, expects to help emerging FinTech companies to accelerate the growth of digital payments through its Blockcard platform. The firm will also be able to continue building better products that solve real-world problems for consumers while bridging the gap between traditional Fi and cryptocurrencies.

“Ternio is the leader in white-label technology for companies in the cryptocurrency space and we’re thrilled to deepen our partnership with Visa to further drive interoperability between blockchain and legacy financial systems. By becoming part of Visa’s FastTrack program, Ternio will be able to further accelerate and scale our existing Visa card programs while simultaneously offering a suite of additional services.” – Daniel Gouldman, CEO & Co-Founder.

Visa’s embrace of digital payments is in alignment with Ternio’s focus on providing real-world utility and applicability of blockchain technology in FinTech. Ternio aims to bring its blockchain-enabled solutions to market with its “better, cheaper, faster” mindset.

Founded in 2017, Ternio is a leading blockchain company providing white-label technology to enterprise organizations which gives blockchain and cryptocurrency real-world application. The FinTech is an Amazon advanced technology partner.

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