A borderless payment platform - spend and exchange crypto & traditional currency. Wirex announced on January 9, 2018 the termination of service of prepaid debit cryptocurrency cards by gibralatrsky company WaveCrest in connection with the requirement of Visa As WaveCrest acted as the card issuer of Wirex, this event led to the temporary termination of their work.
Currently, users from the EEA can convert their BTC, ETH, XRP, LTC, WAVES, WLO, DAI, NANO and XLM into one of eleven fiat currencies: AUD, CAD, CHF, CNY, CZK, HKD, HUF, JPY, MXN, SEK, SGD. As cryptocurrencies bitcoin price are going increasingly mainstream, falling into the hands of everyday consumers, technology is developing fast to create cryptocurrency wallets that will keep digital assets away from cyber-criminals.
The Wirex prepaid card leverages i2c's payments processing platform, which allows card issuers to quickly create and scale high-value payment and digital commerce solutions on a single global SaaS platform with industry-leading reliability and security.
The company launched the world's first Visa card that enables users to convert and spend cryptocurrencies wherever Visa is accepted and now processes digital transactions for more than 2 million users in 130 countries - processing over $2bn of transactions to date.
Many people like me joined WireX, thinking that we can simply load up BTC (or other tokens, but I'm just going to use BTC for the sake of convenience) into our bank account, and use a connected debit card which would subtract the precise amount of BTC from our account.
On the subject of the safety of the Wirex card, it is worth mentioning Wirex operates under an e-money license of the UK Financial Conduct Authority, which guarantees their payment cards count on standard VBV protection, typical to Visa cards. Wirex is a provider of cryptocurrency wallets linked to physical and virtual Visa debit cards, as well as cryptocurrency and traditional currency exchange and payment solutions.
The maximum account balance is £15,000 but you can only top up your account with £5,000 per day using debit or credit cards. I2c will be providing Wirex with their market-leading payments processing technology. Toast wallet provides both mobile and desktop wallets for various types of users to store their Ripple cryptocurrency.
Learn more about cryptocurrency wallets and trading at Bank Innovation 2018 in San Francisco on March 5-6. Payment methods also include credit and debit card which you can easily link to your wallet account. Elliptic's co-founders are driven by a belief that cryptocurrencies will play a vital role in building an open financial system, and that it will transform the way that people do business.
This information is secured by card proxies stored with Wirex bank. Very proud to announce that Wirex Limited is now only the third #crypto -friendly company in the WORLD to have been granted an #FCA e-money licence. As a frontrunner in the cryptocurrency payments arena, Wirex has delivered many world-first, world-class products bridging the gap between crypto and traditional currency.