🤖 AI Dev Tools

3-Person Startup Wants to Hijack Visa's Terminals for Crypto Payments

Visa rules 100 million terminals. This 3-person crew thinks EMV lets them crash the party for free. Skeptical? You should be.

Contactless card tap on EMV terminal with blockchain network overlay

⚡ Key Takeaways

  • EMV standards let startups piggyback Visa's 100M+ terminals without partnerships.
  • On-chain settlement skips routing fees but risks delays and unreliability.
  • Bootstrapped to 3,200 users, but scaling acquirers is the real hurdle.
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Originally reported by dev.to

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