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Wirex Brings Back Card Spending in Europe

March 9, 2018 2:54 pm Published by

Integrated cryptocurrency and multi-currency accounts available now

Wirex today announces the return of cryptocurrency spending to Europe, with the launch of the first ever multi-currency accounts. Offering speedy exchange between fiat and cryptocurrencies, customers can then use Wirex’s new current account and contactless debit cards to spend their money.

Wirex is currently the only provider in Europe to allow spending in cash, converted from cryptocurrencies and has now integrated its debit cards into its multi-currency (GBP, EUR, USD) accounts to make shopping even easier and quicker than before.

Cumbersome cryptocurrency exchanges can now be bypassed for a much more secure and speedy all-in-one account, saving time and effort. The new integrated accounts provide the flexibility of traditional financial services – such as bank-to-bank transfers – with access to real Bitcoins.

Pavel Matveev, CEO, Wirex said:

“Wirex is the only provider in Europe right now to offer crypto, converted into fiat for everyday spending on cards. Transactions in stores, buying goods online or withdrawing money from ATMs just got much easier.

“We were the first to bring such cards to the world and now we’re the first to bring converted cryptocurrency accounts with new contactless debit cards.”

Wirex Accounts

  • ‘In account’ Bitcoin purchase, sales and transfers for speed and convenience
  • Individual GBP e-money accounts with unique sort code and account number
  • Free and instant Bitcoin transfers between Wirex users
  • Immediate currency conversion between BTC, EUR, GBP, USD

Wirex Cards – cryptocurrencies converted to fiat before loading cards

  • Free Contactless debit cards for Wirex multi-currency (GBP, EUR, USD)  accounts
  • 3D Secure support for secure online payments
  • Physical and instantly available virtual debit cards

Debit Card provision

Wirex Accounts represent a significant improvement over all previously available cryptocurrency offerings. The Wirex current account comes with genuine debit cards, an innovative step to provide much greater merchant acceptance in the UK and across Europe.  

UK accounts and cards are immediately available

Wirex has more than 1.5 million customers around the world. We are keen to quickly deliver our upgraded offering seamlessly. Consequently, the new accounts are available in virtual form immediately and are being rolled out on a phased basis throughout the UK according to the following schedule:

Country Availabilities

UK: available 09 March 2018

EU countries: end of March

Plastic cards are currently being manufactured, and will be available to UK customers in a few weeks.

Sign up for your new multi-currency accounts’ cards here

Japan and South East Asia account available soon

Accounts and cards for Asian customers are coming soon and will be available shortly after delivery to EU countries. Phasing in delivery by regions ensures a stable and secure service globally.

About Wirex

Wirex serves 1.5 million customers in more than 130 countries, it achieved $1.5 billion of transaction volume in June 2017 and has offices in London, Tokyo, Singapore and Kiev. Wirex is expected to offer contactless cryptocurrency payments, contactless cards, additional currencies and new bitcoin-based financial products in the near future.

Wirex received a $3 million investment from Japanese institutional investor, SBI Group, which is part of the R3 consortium and runs Japan’s biggest fintech venture capital fund. SBI is a major investor in fintech firm, Ripple.

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