Introduction
Tangem, a Swiss-based hardware wallet company headquartered in Zug, has unveiled significant product upgrades and a brand transformation to strengthen its position in the hardware wallet market. These developments follow Tangem's recent VISA certification for its payment solution, enabling cryptocurrency payments across 95 million VISA terminals globally.
Rapid Growth and Market Ambitions
- User Growth: Tangem's monthly active users surged by 738% after its latest product release last year.
- Competitive Focus: The company aims to capture market share from established players like Ledger Wallet and Trezor.
Brand and Product Upgrades
Key Enhancements:
Redesigned App: Full app reconstruction with new features such as:
- Currency sorting/grouping
- Dark mode
- Balance-hiding option
- Transaction history view
- Visual Identity: Updated logo, packaging, and brand style guide.
- Security Audit: Third-party firmware audit to verify card authenticity and tamper-proof integrity.
- Customer Support: 24/7 multilingual support and address book functionality.
Global Rollout:
- Shipping: Begins October 10 from warehouses in Europe, the U.S., and Hong Kong to 140+ countries.
- App Launch: Scheduled for October 5 post-audit completion.
VISA Partnership and Payment Innovation
- Certification: Tangem is the first self-custodial solution integrated with VISA’s global network (95M terminals).
Technology: Combines VISA’s payment chip with Tangem’s app to securely store wallet keys.
- Process: Generates blockchain-signed OTPs for transactions, eliminating intermediaries.
- Unique Selling Point: Only cold wallet offering direct, non-custodial payments.
Tangem Pay and Future Plans
- Launch Timeline: VISA-enabled "Tangem Pay" slated for next year.
- Expansion: Over 850,000 wallets distributed across 140+ countries with zero hacking incidents to date.
Core Keywords
- Hardware Wallet
- VISA Integration
- Cryptocurrency Payments
- Self-Custodial
- Tangem Pay
- User Growth
- Security Audit
FAQs
Q: How does Tangem’s VISA integration work?
A: It combines a payment chip with Tangem’s app to enable direct, secure crypto payments at VISA terminals without third-party involvement.
Q: What makes Tangem unique among hardware wallets?
A: It’s the only cold wallet with built-in payment functionality, ensuring full user control over private keys.
👉 Discover Tangem’s VISA-Compatible Wallet
Q: When will Tangem Pay launch?
A: Expected next year, following the app’s release in October.
Q: Is Tangem’s firmware audited?
A: Yes, by an independent Swiss firm to guarantee authenticity and security.
👉 Explore Tangem’s Global Shipping Options
About Tangem
Founded in 2017, Tangem produces card-shaped, seedless cold wallets supporting 6,000+ digital assets. Its mission is to drive mass cryptocurrency adoption via smart-card-based security and mobile app convenience.