Zurich, Switzerland – Tangem AG, a leading global provider of secure hardware wallet solutions, has announced a groundbreaking partnership with Visa to launch the world’s first self-custodial Visa payment card integrated with a hardware wallet. This innovation enables users to make seamless crypto and stablecoin payments at any Visa-accepting merchant location across Europe.
Key Features of the Tangem Visa Card
1. Self-Custodial Security
Unlike traditional custodial payment cards, Tangem’s solution keeps users in full control of their assets:
- The card’s chip embeds a private key, requiring physical card use for every transaction.
- No reliance on third-party custodians—users retain exclusive ownership of their funds.
2. Two-in-One Convenience
- Functions as both a cold storage hardware wallet and a Visa payment card.
- Supports over 6,000 cryptocurrencies and stablecoins.
3. Expanding Accessibility
Initially available in Europe, Tangem plans to license the technology to other issuers, accelerating adoption.
Industry Perspectives
Visa’s Vision for Crypto Payments
Cuy Sheffield, Head of Crypto at Visa:
"Our partnership with Tangem reflects Visa’s commitment to secure, next-gen payment solutions. This collaboration bridges digital currencies with everyday commerce, prioritizing user security."
Tangem’s Mission
Andrey Kurennykh, Tangem CEO:
"This card merges traditional banking convenience with the autonomy of crypto wallets—a major leap toward mass adoption."
Why This Matters
Tangem’s solution addresses critical pain points in crypto payments:
- Security: Combines cold storage with payment functionality.
- Decentralization: Eliminates intermediaries for true self-custody.
- Usability: Simplifies crypto spending for mainstream users.
👉 Learn more about Tangem’s innovative wallet solutions
FAQs
1. How does the Tangem Visa card ensure security?
The card’s chip stores a private key offline, requiring physical presence for transactions, preventing remote hacks.
2. Which cryptocurrencies are supported?
The card supports 6,000+ assets, including Bitcoin, Ethereum, and major stablecoins.
3. When will the card be available?
Launching first in Europe, with global expansion plans underway.
4. Can businesses license this technology?
Yes! Tangem encourages other issuers to adopt its self-custodial payment framework.
About Tangem
Founded in 2017, Tangem pioneered card-shaped cold wallets with:
- Zero hacks across 1M+ cards produced.
- Availability in 160+ countries.
- A seedless, multi-currency design for effortless asset management.
👉 Explore Tangem’s secure wallet ecosystem
Stay updated on release timelines via Tangem’s official channels.