Treasure Global Launches OXI Visa Card Program for Shareholders
Treasure Global announces the launch of OXI Visa cards for its shareholders, marking further commercialization of its OXI wallet in cross-border payments, remittances, and digital currency settlements.
What are the key facts?
- 1New initiative: OXI Visa card
- 2Business background: Canadian MSB registration
- 3Service scope: Cross-border payments, remittances, forex
What happened?
Treasure Global has launched the OXI Visa card program after obtaining Canadian Money Services Business (MSB) registration. This card supports cross-border payments, remittances, and conversion between fiat and cryptocurrencies to propel the globalization of its fintech ecosystem.
What does this mean for cross-border sellers?
The proliferation of such financial tools can help reduce costs associated with cross-border money flows, and sellers should pay attention to their potential applications in cross-border settlements.