Visa Cryptocurrency

Zipmex to launch crypto Visa card and seeks NFT licence

Zipmex to launch crypto Visa card and seeks NFT licence
Written by publishing team

Zipmex Thailand is preparing to launch its crypto Visa debit card service and plans to apply for a license for a non-fungible token trading (NFT) platform this year with the aim of expanding its business in the digital asset industry.

Proud Limpongpan, chief marketing officer of Zipmex Thailand, said the company is seeking permission from the Bank of Thailand to launch the Visa crypto card service in Thailand.

The service has been approved by the market regulator in Singapore and is available through Zipmex Singapore.

According to Ms. Proud, a crypto debit card is equivalent to a typical debit card, but instead of a regular bank account with paper money, the card will be linked to the customer’s crypto account.

The card aims to facilitate the use of digital currencies for holders of digital currencies as a means of payment.

She said the company is also preparing to apply for an NFT business license with the Securities and Exchange Commission to launch its NFT trading platform this year.

Ms Proud said that NFT is a growing trend and many issuers are planning to list NFT on the platform. She said the company plans to meet this growing demand.

Ms Proud said that Zipmex Thailand is also planning to offer activities at the Crypto Arcade and Experience Center, an investment event called “Knowledge Before Investing in Cryptocurrencies.” The event is scheduled at Fashion Hall on the first floor of Siam Paragon from January 11-16 and February 12-28, with the aim of attracting more cryptocurrency traders to the company.

The event focuses on GameFi, or online games that allow players to earn NFTs and trade those tokens in a digital asset exchange or convert them into fiat cash.

Saruntorn Asaves, Deputy Managing Director of Membership Management at Siam Piwat, said Siam Paragon’s collaboration with Zipmex is part of their mission to create and deliver unique crypto trading experiences to Zipmex and Siam Paragon customers, VIZ members, OneSiam SuperApp users and interested people. Investing in digital assets.

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