Treasure Global Issues OXI Visa Cards to Shareholders, Advancing Cross-Border Payment Strategy
Treasure Global has issued OXI Visa cards to shareholders after obtaining Canada MSB registration to promote its OXI wallet. The company is actively positioning itself in cross-border payments, remittances, and cryptocurrency settlement, aiming to tap into the vast global cross-border payment market.
What are the key facts?
- 1Recipients: Eligible TGL shareholders
- 2Issued quantity: 100 free OXI Visa cards
- 3Background: Obtained Canadian money services business (MSB) registration
- 4Business direction: Cross-border payments, remittances, foreign exchange, stablecoin settlement
What happened?
On July 7, Treasure Global announced that to celebrate obtaining Canadian money services business (MSB) registration, it is providing 100 free OXI Visa cards to eligible shareholders. This initiative aims to promote the cross-border payment, foreign exchange, and stablecoin settlement functions of the OXI wallet.
What does this mean for cross-border sellers?
Innovations in the cross-border payment space will provide sellers with more diverse funding settlement options, making it necessary to pay attention to the compliance and convenience of such emerging payment tools.