On Tuesday, American payment company Affirm announced that it plans to launch a debit card that will add buy and sell functions for cryptocurrencies and allow users with Affirm’s savings accounts to buy and sell Cryptocurrencies free.
Affirm Holdings Inc. stated that it is working hard to become the next group of “super apps” worldwide for banks and tech giants, similar to China’s Alipay or WeChat, India’s Paytm or Singapore’s Grave, which integrates financial services with daily payment spending . Become a whole application.
According to the Bloomberg report, the addition of new encryption product services will allow customers to buy and sell digital currencies, including Bitcoin, directly from the Affirm app.
Affirm Holdings Inc. is actively working with the New York Digital Investment Group to discuss the release of this new feature, according to the company’s official website.
Affirm’s co-founder and CEO Max Levchin said in the investor presentation:
“We’re doing it in a way that feels natural to us. We’re going to make it really easy, it’s safe, we don’t let you do crazy things.”
Max Levchin noted that “the United States is developing sophisticated, scalable technology, risk management and highly efficient access to capital.” and hope to use confirm Core advantages in the process of finding more purchase and construction options
Affirm followed the steps of other digital payment companies to join the cryptocurrency trend. As reported by Blockchain.News on August 23, PayPal officially launched its cryptocurrency service in the UK by performing four cryptocurrency transactions on Bitcoin. Bitcoin cash, Ethereum or Litecoin with prices starting at 1 pound.
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