Plato Data Intelligence.
Vertical Search & Ai.

Visa’s Game-Changing Move: Paying Ethereum Gas Fees with Cards


  • Visa tests a method for users to pay Ethereum gas fees using cards.
  • The experiment uses a paymaster contract, eliminating the need for ether balances.
  • Visa’s initiative aims to make blockchain transactions more user-friendly and widespread.

Visa, the global payments titan, has successfully concluded tests enabling users to pay Ethereum’s on-chain gas fees directly using credit or debit cards. This groundbreaking experiment, executed on the Ethereum Goerli testnet, employs a paymaster contract to shoulder gas fees for users. This innovative approach means users can initiate blockchain transactions without the necessity of holding ether.

Visa envisions this contract broadening transaction accessibility to a more diverse user base. The company’s technical team expressed, “By harnessing the paymaster concept, combined with account abstraction and the ERC-4337 standard, we’re exploring a transformative blockchain transaction process.” Essentially, a paymaster contract, a unique smart contract variant, oversees gas fee payments.

Visa suggests that merchants or decentralized apps (dapps) could implement their paymaster solutions. Alternatively, existing wallet and paymaster services might introduce a card-based gas fee payment option. This initiative aligns with Visa’s commitment to enhancing blockchain payment accessibility and user-friendliness. 

Earlier, Visa embarked on experiments to convert digital assets into fiat payments on the Ethereum blockchain, mirroring its existing foreign currency exchange mechanisms. This endeavor complements Visa’s broader strategy to master global settlements involving both digital and conventional currencies.

Looking forward, the collaboration between Ethereum and Visa holds immense promise for the crypto realm. As the world gravitates towards a “gasless” future, such pioneering efforts could be instrumental in shaping a seamless, secure, and inclusive digital payment landscape.

Read also:

Crypto News Land ( , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.


Latest Intelligence