The Tangem applet has received a VISA certificate
Date: 2023-09-09 Author: Karina Ziganova Categories: CRYPTO PAYMENTS, BUSINESS
The Tangem applet has received certification from VISA and is set to launch a self-storage payment solution, it said in a press statement dated September 8.
The company from Switzerland reported that its cryptocurrency applet received a VISA certificate last year. This certification allowed users to use Tangem Pay, which will be launched next year.
By integrating VISA payment card chips and the Tangem applet, a bank card can securely store both public and private wallet keys for cryptocurrencies.
Freestar - what is it?
When such cards are used for payment, they may generate a VISA payment message. At the same time, an OTP (one-time password) is developed to sign the transaction on the blockchain.
The new app will be released next year and will be "the first fully autonomous payment system integrated with the global network," according to the company.
Tangem: Eye Upgrade
Meanwhile, the company's partnership is part of its efforts to completely redesign its app and add new features to improve the user experience.
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Tangem showed off a number of new features, including token sorting and a dark theme. It is also possible to hide available balances. The company also announced an improved brand style guide and logo update, as well as redesigned maps. And packaging.
To improve the security level of its firmware, Tangem plans to introduce an audit function into them. It will allow users to check not only the integrity of their equipment but also the files themselves. They are planning to launch a new product page on September 10th with 24/7 customer support.
Also, Tangem confirmed that from October 14, cards will be distributed in more than 10 countries through warehouses in Europe. USA and Hong Kong.
Freestar
Tangem is a major competitor in the hardware wallet sector, competing with more established rivals Trezor and Ledger. The company says it has seen a 738% increase in active users since the product's previous release last year. The company plans to update and increase the flow of customers around the world.
