Monday, 4 August 2014

Visa Exec: Our Network Could Support Bitcoin Payments

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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 Visa senior vice president of digital solutions Sam Shrauger suggest that the company may be reevaluating bitcoin.


In a new interview with The Australian Financial Review (AFR), Shrauger 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.


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