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Wirex May Roundup

June 7, 2018 3:18 pm Published by

May was another action-packed month for Wirex. We updated the app further to give you the best possible platform. We launched the first part of our rewards programme, hosted a launch party for the new Wirex payment card, introduced brand new products and made improvements to our existing products.

In case you missed it (or just want a recap), here’s a quick summary of our major updates.

1. Cryptoback™

What happened?

We launched the first part of our Wirex rewards programme, Cryptoback™. It’s available now for UK and EEA users.

What does that mean for you?

Any time you spend in-store by swipe, chip & pin or tap & go with your Wirex payment card, you earn 0.5% of the transaction back in Bitcoin. The crypto is accrued in a separate Wirex wallet within the app and can be instantly redeemed for GBP, EUR or USD.

Learn more

2. Wirex Visa Payment cards – UK and EEA

What happened?

Physical Visa payment cards were released to replace the virtual cards for UK and EEA users. They’re available in GBP, EUR and USD.

What does that mean for you?

If you already have a virtual card, you are eligible to order your physical Wirex payment card. If you are new to Wirex, you simply need to verify your details to order a card. The GBP card has a sort code, account number and UK SWIFT so it functions like a normal debit card; our EUR and USD cards are prepaid currency cards. You can make ATM withdrawals, pay online or in-store by swipe, chip & pin or tap & go.

Learn more

N.B: As soon as you order a payment card, your in-app virtual card is deactivated and cannot be reactivated.  

 

3. Launch Party

What happened?

To celebrate the launch of the new Wirex payment card, we threw a launch party at The Lampery, London. There was some great networking with fellow Wirex users, speeches (including an introduction from our founder, Pavel Matveev) drinks and nibbles… in short, it was an excellent evening. To catch our next event, sign up to our newsletter, follow our social channels and keep an eye open for updates and invites to upcoming events.

What to look out for in June

Verification process improvement

We’ve listened to your feedback, and are working to make the verification process easier and more efficient. You’ll soon be able to access your Wirex account’s full features in just two short steps.

More cryptocurrency wallets being added

Following the success of our Litecoin wallet, we’ll be adding functionality for two more popular cryptocurrencies to the Wirex app. Keep your eyes peeled for the arrivals of Ripple (XRP) and Ethereum (ETH) wallets – they’re coming very soon.

The Great Money20/20 Payments Race

Money20/20 is a fintech-centred organisation that aims to progress, reimagine and disrupt the modern financial system. It was conceived with the aim of providing the industry with a much-needed space for the brightest, most ambitious and innovative minds to “connect and create” in a “Money Revolution”. It is where technology, money, people and ideas converge… View Article

Refer-a-Friend with Wirex

Ever heard of Refer-a-Friend? Not like this you haven’t! With Wirex, it’s smarter, more innovative; a unique opportunity to get paid in Bitcoin for spreading the word about Wirex to your friends and family. If you’re a seasoned Wirex user, you already know all about our industry-leading service: Buy, store and exchange BTC, LTC, ETH… View Article

And the winner is…

At the start of September, Wirex teamed up with trade news outlet Crypto Disrupt to donate 20 ETH to a charity chosen by our users. After an overwhelming number of nominations, we are delighted to announce that a winner has been chosen. Congratulations to crypto-donations platform Kizuna, who have pledged the money to the ongoing… View Article

Wirex introduces: IBANs for EUR accounts and new account limits

We are pleased to announce some exciting improvements to our service in the EEA. From today, all EUR accounts in France and Spain will be linked to an IBAN. What does this mean? It means that users can now fund their Wirex EUR accounts by bank transfer, as well as debit or credit card –… View Article