The Litepay feature will allow businesses to accept Litecoin payments and official Litecoin debit cards, bringing the cryptocurrency closer to mainstream.
Microsoft also announced plans to will use the Litecoin platform as a foundation for its decentralised identity system - along with Bitcoin and Ethereum.
Litecoin users will be able to convert Litecoins to dollars and vice versa through their Visa-compatible LitePay cards, which will be usable at all ATMs or businesses that support Visa payments.
On February 14 alone Litecoin has seen a rise of more than 30 percent on recent prices.
On December 8 last year, Litceoin took a slight tumble down to $96 after months of relative stability.
within few days, the cryptocurrency reach dizzying heights of $300 to £400, first hitting a high of $327 on December 12 and thereby outperforming Bitcoin.
