WireX Partners With Visa To Bring Crypto Debit Cards to Over 40 Countries

WireX, a leading crypto payments platform based in London, has recently signed a long-term strategic global partnership with payments company network, Visa. Being the first company ever company to develop a crypto-enabled card back in 2015, WireX continues to build upon their long-standing relationship with Visa through this milestone.

https://twitter.com/wirexapp/status/1625087610631618560?s=20

Through their partnership, WireX will be able to directly issue crypto-enabled debit and credit cards to over 40 countries. Furthermore, the two global firms will be working hand in hand to support further collaboration in major markets, including APAC, UK, Europe and the USA.

"It's great to strengthen our partnership with Visa, who have played an important role in allowing us to bridge the gap between the traditional and digital economies. Visa's proven commitment to safety, security and innovation will help us to continue developing a next-generation app and card."

- Svyatoslav Garal, Regional Managing Director of Wirex APAC

The over 5 million users of WireX will be able to buy, hold, exchange, sell multiple traditional and crypto currencies, and spend them at over 80 million locations where Visa is accepted.

Customers also benefit from real-time point-of-sale conversion, exclusive interbank and OTC exchange rates, free international ATM withdrawals, zero monthly fees, free fiat-to-fiat exchanges, and up to 8% Cryptoback™ rewards for every purchase.

A list of cryptocurrencies available on the WireX card can be seen HERE.

Making Crypto Accessible With WireX

Founded in 2014 by Pavel Matveev and Dmitry Lazarichev, WireX is one of the longest-standing crypto platforms, priding itself on "closing the gap between the regulated world of fiat currencies and the nascent, ever-changing world of cryptocurrencies."

Since then, they have achieved multiple eye-catching accomplishments, including being a finalist at last year's Singapore Fintech Fest and a partnership with DeFi protocol MakerDAO.

Despite the bear market blues, WireX is also working to accelerate the growth of both CeFi and DeFi through their ever-expanding list of offerings and countries of operation

Also Read: The Leading Edge? How This Wallet Allows Non-KYC Mastercard Payments

[Editor’s Note: This article does not represent financial advice. Please do your own research before investing.]

Featured Image Credit: Chain Debrief