Visa Customers Made .5B in Crypto-Linked Payments in Fiscal Q1
Visa users made $2.5 billion in payments with crypto-connected cards during the company’s fiscal first quarter ended Dec. 31, Visa CEO Al Kelly said on the company’s earnings call Thursday.The figure for the quarter was 70% of Visa’s crypto volume for all of fiscal 2021, which ended on Sept. 30, Kelly added on the call with analysts. More than 65 crypto platforms and exchanges, including Coinbase and BlockFi, have partnered to issue Visa credentials, the company said.More than 100 million vendors in the Visa network are also now accepting Visa crypto payments, the company added.Kelly said Visa continues to “lean…