NAGA Partners with Visa to Launch Payments Platform in Q3

NAGA Group, the provider of the social network for financial market trading NAGA.com, has announced that it will launch payments platform NAGA Pay, which will be available in the United Kingdom and the European Economic Area.

NAGA Pay will offer a VISA debit card that can be accepted by 140 million supported merchants globally.

The payments app will allow users to link and access funds held directly in their payment and brokerage wallets. Additionally, the platform will support physical cryptocurrency wallets, which are now pending licensing in Q4.

Earlier in May, NAGA has reported a record €22 billion (around $26.65 billion) in monthly trading volumes for the month of April. Additionally, the company has hired Petros Kalaitzis as new Head of Customer Experience.