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Polygon Takes Settlement Role in Tangem's Virtual Visa Card

The choice is intended to improve payment speed and reliability while lowering transaction costs. Tangem's separate physical Visa card was announced Oct. 7, with its first release capped at 5,000 cards.

Updated 1 min read
A customer taps a smartphone at a café counter in Zug, Switzerland. / EconoTimes.ai
A customer taps a smartphone at a café counter in Zug, Switzerland. / EconoTimes.ai

Polygon will handle settlement for Tangem's virtual Visa card, a choice intended to improve payment speed and reliability while lowering transaction costs.

That offering is separate from Tangem's physical Visa product, which was announced Oct. 7 for purchases and ATM withdrawals. Its first release was limited to 5,000 cards.

EconoTimes has also covered Polygon's business payment service adding Solana deposits and payouts.

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