Credit card and mortgage payments may now be made using SHIB, XRP, BTC, and BNB.
FCF Pay, a blockchain payments processor based in Canada, has had a significant effect on the global spread of cryptocurrency. Chase Bank clients may now make payments for credit cards, loans, and mortgages using their preferred cryptocurrency.
Bitcoin (BTC), Ether (ETH), Shiba Inu (SHIB), XRP (XRP), Dogecoin (DOGE), BNB (BNB), and the most popular stablecoins like Tether (USDT) and USD Coin (USDC) are all included in the ground-breaking move.
JP Morgan Chase, a major financial institution, owns the Chase Bank brand. In June 2023, JPMorgan Chase introduced blockchain-based Euro payments, signaling its support for the widespread use of blockchain technology.
According to FCF Pay, the number of American businesses that take popular cryptocurrencies has topped 20,000, and Chase Bank is the second big bank in as many weeks to introduce support for clients to make credit card purchases with cryptocurrencies.
Consumers in the United States are already using cryptocurrency to make purchases from a wide variety of retailers, including gas stations, grocery stores, and online marketplaces. In addition to establishing a cryptocurrency wallet, the FCF Pay transaction system supports making payments directly from central exchanges.
