Until 2017, the majority of Wirex customers worldwide enjoyed the fruits of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for fiat currencies (USD, EUR, GBP) — making payments with their Wirex prepaid debit card.
A global product: the first of its kind
Wirex is now preparing an entirely new product platform. This involves combining old global systems with the power and purity of modern blockchain technologies. We’re also taking steps to meet regulatory compliance guidelines to ensure we can do business around the world.
As of mid-January, we will introduce our upgraded customer verification process. This will be fully-automated in over 20 countries, providing account approval in just a few minutes!
Dozens of other countries will have a slightly more manual process but it will be much faster than we could achieve before.
Hello Latin America! Africa! Russia! Asia!
219 countries in total will gain access to our buy bitcoin checkout — allowing you to regularly buy small amounts of bitcoin whenever you want.
Connect your regular bank debit card or credit card and buy bitcoin instantly.
If you already have a verified account outside of Europe, you can use the new buy bitcoin feature immediately.
Here’s Raphael with a quick video demo:
These steps move us inch-by-inch closer to providing the most fully-featured contactless debit cards for the future of cryptocurrencies.
Early next year we’ll complete the Dash Wallet integration. We’re very excited about this! Here’s a recent episode with Wirex Community Manager, Raphael, on the Dash Podcast.
We have some other surprises coming soon too.
Businesses can contact us now about our unique lightning inspired business to business service, W-Pay.
We’re working as hard as possible to make changes quickly. The Wirex team and our loyal customers are ready to meet any challenges that transitioning from legacy financial systems to cryptocurrency brings.