Tangem, a leader in secure hardware wallets, has teamed up with Visa to launch an innovative cryptocurrency wallet with payment capabilities.
Set to release by the end of 2024, this wallet features Tangem Pay technology, enabling users to make payments directly from their self-custodial wallets at any Visa-accepting store.
Keep an eye out for Tangem's future product developments, including ring-shaped hardware wallets.
Secure Hardware Wallets by Tangem
On July 5, 2024, Tangem, known for providing secure hardware wallets for cryptocurrency storage, announced a partnership with Visa to launch a "Visa-integrated cryptocurrency wallet with payment capabilities."
Tangem is a developer of hardware wallets that use physical devices to securely store cryptocurrencies.
Their product lineup includes card-shaped hardware wallets that support multiple blockchains, providing enhanced security for cryptocurrency storage.
The newly announced wallet, integrated with Visa payment capabilities, is expected to be released by the end of 2024.
This innovative product will feature Tangem Pay, a payment technology enabling users to utilize cryptocurrencies directly from their self-custodial wallets.
Tangem Pay operates on smart contract technology and includes a single card without a seed phrase.
How Tangem Pay Works
With Tangem Pay, users can use their cryptocurrencies or stablecoins stored in self-custodial wallets to make payments at any Visa-accepting merchant.
Furthermore, Tangem Pay can connect to various wallets like MetaMask, Ledger, and Trust Wallet. In case the Tangem Pay card is lost or damaged, users can still access their accounts via the main wallet interface.
Tangem is also actively working on developing new products, such as ring-shaped hardware wallets, making their future announcements highly anticipated.
>> Stay tuned for the latest news on wallet-related developments
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