08 August 2022

Visa, Mastercard to enable payments for tokenised gold

Written By FinTech Alliance

Visa, Mastercard to enable payments for tokenised gold

VNX, a tokenised precious metal platform, has partnered with both Visa and Mastercard. 

In Brief:

VNX Is a Luxembourg based platform for investing in tokenised precious metals, registered with the Financial Markets Authority (FMA). 

The platform already offers the ability to pay for tokenised metals in fiat currency, but only via bank transfer.

Now, VNX has onboarded Visa and Mastercard for a wider range of payment options. 

What does this mean? 

Onboarding two payments giants and increasing the number of convenient payment options should help to further bridge the gap between ordinary people and investing in precious metal, with VNX CEO Alexander Tkachenko saying it will “foster greater accessibility and convenience for both experiences and novice investors”. 

Read more here. 

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