Given the multi-currency (GBP, EUR and USD) and cryptocurrency (Bitcoin and Litecoin) capabilities of your Wirex account, one feature which will enhance Wirex’s flexibility as a payment technology is its forthcoming enablement of mobile payments in each of these currencies. Backed by security and authentication features that exceed banking mobile application standards, Wirex keeps your money secure and requires your authorization when you want to spend it.
Mobile Payment Methods
Whether you’re traveling or shopping with friends, all you need is a smartphone equipped with a mobile wallet application. Like your existing banking arrangements, your device’s mobile wallet will soon be able to access your Wirex account, so that cash and credit cards will no longer need to be presented to vendors that accept popular mobile payments like Apple Pay and Google Pay. This feature will be enabled very soon, so watch out for our product updates!
Once enabled, to link your Wirex account to your device’s mobile wallet, you will need to obtain a Wirex Visa account number, by verifying your Wirex account. Upon verification, you can get access to a Wirex payment card, linked to you Wirex account, with its own account number, CVV and expiry date. Once we have enabled the linked payments feature, you will be able to transfer that information to your mobile wallet (Apple Pay for iOS and Google Pay for Android supported devices). So, in a few simple steps, you can use mobile payment methods linked straight to your Wirex account!
Since Wirex accounts are denominated in three major currencies (USD, EUR, and GBP), you will soon be able to link all three currencies your mobile wallet, allowing mobile payment methods in all three currencies depending on where you are transacting.
Wirex as a Multi-Crypto Wallet
One of the greatest benefits of a Wirex account is the ability to acquire multiple cryptocurrencies. There are many reasons why Bitcoin and Litecoin, as currencies, are lucrative holdings, and for Wirex account holders, their Wirex account keeps Bitcoin and Litecoin balances safe and secure, but easily accessible.
Using your Wirex account as a Bitcoin or Litecoin wallet also allows easy conversion between USD, EUR, and GBP. Account holders will have the convenience of converting only the amounts of cryptocurrency they need for any particular transaction.
As with all mobile transactions, conversion from Bitcoin and Litecoin to other currencies requires time-sensitive confirmation from the account holder.
Funding Your Bitcoin or Litecoin Wallet
With access to Bitcoin and Litecoin exchange rates, your Wirex account allows conversion from USD, EUR, and GBP as well as a growing list of Altcoins like Bitcoin Cash, Bitcoin Gold, Ethereum, Dash, Monero, Civic, Dogecoin, OmiseGo, Civic and many others (not to be deposited to the Bitcoin or Litecoin accounts, though).
In addition, you can use your Bitcoin and Litecoin wallets to make purchases using cryptocurrency, as an increasing number of vendors start to accept cryptocurrency as payment for goods and services.
Mobile Payments With Wirex
Whether you hold one or a combination of the three traditional currencies in your Wirex account, or you’re simply safeguarding your cryptocurrency holdings, your Wirex account will soon be capable of linking to mobile payments in all three currencies (GBP, EUR and USD), as well as in Bitcoin and Litecoin so you can pay vendors who accept cryptocurrency.
Getting started with a Wirex account is free. Try it out now!