Crypto Payments Firm Wirex Expands to US, Begins Distributing Crypto-Linked Visa Debit Card

2 years ago

U.S.-based users of Wirex will beryllium capable to use the company’s app to buy, store and speech 37 antithetic cryptocurrencies, arsenic good arsenic accepted currencies. The work is disposable to each states but New York and Hawaii, which is coming aboriginal this year, according to Wirex.

  • "U.S. users person been demanding an alternate to accepted forms of payments that are antiquated, dilatory and non-transparent, and that's wherever Wirex steps in,” said Harold Montgomery, Wirex USA managing director. The company’s home partners are Zero Hash, Checkout.com, Visa and Sutton Bank.

  • The Wirex app volition nexus to a contactless Visa debit card, allowing for clients to walk their crypto either online oregon in-store astatine much than 61 cardinal locations astir the world. The “Cryptoback” rewards programme allows users up to 8% backmost successful X-points (Wirex's autochthonal token) for purchases.

  • The institution said its different maturation initiatives see a precocious launched non-custodial wallet and an concern successful decentralized concern (DeFi) protocol Nereus.

  • Since its motorboat successful 2014, Wirex has garnered much than 4.5 cardinal customers successful 130 countries crossed the European and Asia-Pacific areas.

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Michael Bellusci is CoinDesk's crypto payments reporter.


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