Visa Inc. CEO: VisaNet could support Bitcoin payments – „it’s possible to process virtual currencies but we are not thinking about it today”
Global payments giant Visa earned the ire of the bitcoin community earlier this year when CEO Charlie Scharf stated that he didn’t see bitcoin and its technology as posing a significant threat to its operations. Now, however, new comments from the CEO suggest that the company may be reevaluating bitcoin, according to coindesk.com.
In a new interview with The Australian Financial Review (AFR), Scharf confirmed that while the company is not currently responding to developments in the bitcoin space, it could be well positioned to do so in the future, should circumstances require.
Asked whether Visa had any virtual currency plans among its payment blueprints Visa chief executive Charles Scharf said the company was open to facilitating the growing use of Bitcoin and others that may emerge.
Scharf told the AFR: “Visa is not a currency, it’s a network. We can process real or virtual currencies to the extent that it makes sense. So, [facilitating bitcoin payments] is possible but we are not thinking about it today.”
Scharf further explained that Visa has no interest in creating a Visa-branded digital currency, as has been suggested of some of its competitors who have sought to secure digital currency-related patent filings.
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
