The world largest payment system is looking for employees to join its team of specialists working with cryptocurrency and blockchain. Previously, the management of the company made several positive statements about cryptocurrency.

Crypto team

Visa announced it recruits specialists who will work with cryptocurrencies. According to the job description posted on smartrecruiters.com, Visa is looking for technical product managers who will become part of the VISA Crypto Team.

“Are you passionate about the intersection of payments and cryptocurrency? Are you deeply familiar with permissionless blockchain technology and have a close network of experts in the fast moving cryptocurrency and fintech ecosystem? Are you excited about the challenge of developing new products for Visa to deliver value to fintechs looking to support cryptocurrencies?”

The future product managers' responsibility will include the development and implementation of the Visa strategy within the cryptocurrency ecosystem, as well as developing cooperation with key stakeholders in strategic, research and engineering companies. The vacancy notes that the applicant should have extensive problem-solving skills and a creative approach in order to “find new opportunities and anticipate how cryptocurrencies could impact payments.”

The Visa Crypto Team is located at Visa's office in Palo Alto, California.

Visa and cryptocurrency

Previously, Al Kelly, CEO of Visa, admitted that the company could start working with cryptocurrencies. He noted that he does not see in cryptocurrencies a threat to the traditional financial system.

“If it goes in that direction, we will move in that direction. We want to be in the middle, Jim, of every payment flow in the world regardless of how it happens or what the currency is behind it. So if we have to go there, we will go there. But right now, it’s more of a commodity than a payment vehicle,” said Kelly, speaking at CNBC.

Such a positive approach to cryptocurrency distinguishes Visa from its closest competitor Mastercard. Last summer, Ajaypal Singh Banga, President and CEO of Mastercard, made a sharp statement against cryptocurrencies, saying that such an anonymous currency with strong volatility cannot serve as a medium of exchange. According to him, 95% of illegal content and goods, such as child pornography, drugs, stolen credit card data and social insurance, are paid using cryptocurrency.