Wirex and Visa Expand Partnership to Over 40 Countries
According to Visa Pacific’s Head of Digital Partnerships Matt Wood, the financial services provider wants to offer more payment options to its consumers.
Wirex has announced the launch of its mobile banking solution for international and domestic transfers, following a successful round of beta testing.
According to Visa Pacific’s Head of Digital Partnerships Matt Wood, the financial services provider wants to offer more payment options to its consumers.
News of this partnership comes as Fireblocks is dealing with a lawsuit filed by a client who claims to have lost their access to over $70M worth of Ethereum.
For all the variety of parameters, limits, conditions, and fees, the essence is lost: the cryptocurrency is meant to be decentralized.
It is not yet clear which currencies the payments giant will add to its network. By now, Mastercard bets on stablecoins.
DLC Fund-authorized participant Genesis Global Trading announced that all XRP transactions would be suspended on January 15, 2021.
As Wirex joined the Visa network as a principal member in Europe, it will be able to offer additional services and products to its clients.
Just at the time when the COVID-19 economic uncertainty has sucked capital out of the UK’s FinTech landscape, the threats of no-deal Brexit can make the situation even more worse for them.
The Wirex Mastercard will allow users to spend their cryptocurrencies seamlessly for any online or in-store purchases. The Wirex Card also brings some interesting “Cryptoback” rewards for every purchase.
The cooperation with Mastercard will allow Wirex the ability to directly issue crypto payment cards to its customers and push cryptocurrency adoption to the mainstream financial market.
Today more and more blockchain and crypto-related projects are entering the financial market offering competitive advanced services.