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This application could allow a user to setup a programmable payment instruction that can push funds automatically from one self-custodial wallet account to another Visa is researching ways to introduce recurring, automatic payments for self-custodial Ethereum wallets, according to a recent technical paper by the global credit card giant. Visa is exploring options to automatically send recurring payments without requiring manual transaction signing. The solution will be implemented on StarkNet, a Layer 2 Payments giant Visa is exploring methods that will facilitate automatic recurring payments for self-custodial wallets using blockchain such as Ethereum. We propose a new solution towards a real-world application of auto payments to demonstrate how to write a smart contract for a self-custodial wallet that can pull funds automatically, instead of requiring the user's active participation each time to instruct

Exciting news for crypto enthusiasts! Visa is exploring options to allow auto payments via Ethereum wallets, potentially revolutionizing how we manage recurring expenses with self-custody. Payments giant Visa is researching ways to introduce recurring, automatic payments for self-custodial Ethereum wallets, according to a recent technical paper. This move signals a major step towards bridging the gap between traditional finance and the decentralized world.

Imagine a future where your subscriptions, bills, and other recurring payments are automatically handled directly from your Ethereum wallet, eliminating the need for intermediaries. Visa is exploring options to automatically send recurring payments without requiring manual transaction signing, making crypto payments as seamless as traditional credit card transactions.

The proposed solution will be implemented on StarkNet, a Layer 2 scaling solution for Ethereum, indicating a focus on scalability and efficiency. This application could allow a user to setup a programmable payment instruction that can push funds automatically from one self-custodial wallet account to another. This unlocks a new level of automation and control for users of decentralized finance (DeFi).

Visa is exploring methods that will facilitate automatic recurring payments for self-custodial wallets using blockchain such as Ethereum. The technology leverages smart contracts to automate the payment process, allowing users to set up recurring payments schedules directly within their wallets. We propose a new solution towards a real-world application of auto payments to demonstrate how to write a smart contract for a self-custodial wallet that can pull funds automatically, instead of requiring the user's active participation each time to instruct. This could pave the way for wider adoption of crypto for everyday transactions.

Stay tuned for further updates on Visa's exploration of auto payments via Ethereum wallets! This development could significantly impact the future of finance and how we interact with our digital assets.

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