LINE, Japan’s answer to WhatsApp, has inked a
deal with Visa to expand an existing relationship. The main news is that all of LINE’s 187 million users globally will be able to apply in-app for Visa cards. The blockchain angle is that LINE Pay and Visa plan to use blockchain for B2B and cross border payments.
Visa and LINE have an existing relationship where they offered co-branded cards in Taiwan, one of LINE’s major markets.
“LINE Pay is more than just a payment method. As we transition to a cashless society, LINE Pay is focused on delivering added value to LINE’s users around the world and business partners,” said Youngsu Ko, CEO of LINE Pay.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
Image Copyright: LINE
