{"id":71684,"date":"2022-12-20T10:41:32","date_gmt":"2022-12-20T08:41:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=71684"},"modified":"2025-09-08T10:27:49","modified_gmt":"2025-09-08T07:27:49","slug":"visa-reviews-starknet-for-automating-recurring-payments","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/visa-reviews-starknet-for-automating-recurring-payments\/","title":{"rendered":"Visa reviews StarkNet for automating recurring payments"},"content":{"rendered":"<p>Visa<a href=\"https:\/\/usa.visa.com\/solutions\/crypto\/auto-payments-for-self-custodial-wallets.html\"> reviewed<\/a> the Ethereum layer-2 solution StarkNet to enable automated and programmable payments.<\/p>\n<p>Unlike traditional mobile banking apps, establishing automatic recurring payments in <span data-descr=\"decentralized applications\" class=\"old_tooltip\">dapps<\/span> is not straightforward.<\/p>\n<p>To solve it, the team applied the concept known as <a href=\"https:\/\/eips.ethereum.org\/EIPS\/eip-4337\">account abstraction<\/a>. The innovation enables sending payments using a non-custodial wallet without the need to sign every transaction.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>An embedded approach can also be applied to other real-world applications<\/em>, the developers said.<\/p>\n<\/blockquote>\n<p>Visa is open to discussing ideas in the field of programmable payments.<\/p>\n<p>In December 2021, the company announced the creation of a new <a href=\"https:\/\/forklog.com\/en\/news\/visa-to-drive-mass-adoption-of-bitcoin\">consulting division<\/a>, which will help clients navigate cryptocurrencies.<\/p>\n<p>Visa is also developing products aimed at <a href=\"https:\/\/forklog.com\/en\/news\/visa-to-enable-settlements-in-usdc-stablecoin\">stablecoins<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/visa-unveils-solution-for-cbdc-interoperability-in-the-payments-system\">CBDC<\/a>.<\/p>\n<p>In May StarkWare <a href=\"https:\/\/forklog.com\/en\/news\/starkware-project-raises-100-million-in-series-d-at-an-8-billion-valuation\">raised $100 million<\/a> in a Series D funding round. The startup was valued at $8 billion.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our Telegram channel \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Visa payment system reviewed the Ethereum layer-2 solution StarkNet to enable automated and programmable payments.<\/p>\n","protected":false},"author":1,"featured_media":71685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1198,1179,1374,157],"class_list":["post-71684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-payments","tag-layer-2-solutions","tag-starkware","tag-visa"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=71684"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71684\/revisions"}],"predecessor-version":[{"id":71686,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71684\/revisions\/71686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/71685"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=71684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=71684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=71684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}