The ability to buy crypto just got easier with a new Visa (NYSE:V) card. And shares of this company are on the upswing.
Visa Money One is scheduled to launch next month. The card, offered by iQSTEL, Inc. (OTCPK:IQST), will include a debit card as well as One-Stop-Shopping Fintech services, to offer a complete banking ecosystem. Customers will be able to open a U.S. bank account and utilize a Mobile Wallet that includes the Visa Debit Card. A connection with a yet-to-be named coin exchange will offer crypto trading capabilities.
The company estimates this will drive $128 million in revenue for IQSTEL over the next five years. Shares were up over 7% in late-morning trade.