{"id":3126,"date":"2022-08-05T10:13:42","date_gmt":"2022-08-05T10:13:42","guid":{"rendered":"https:\/\/acudc.com\/?p=3126"},"modified":"2022-08-05T10:13:42","modified_gmt":"2022-08-05T10:13:42","slug":"wirex-announces-multi-currency-crypto-card-with-support-from-mastercard","status":"publish","type":"post","link":"https:\/\/acudc.com\/th\/wirex-announces-multi-currency-crypto-card-with-support-from-mastercard\/","title":{"rendered":"Wirex announces multi-currency crypto card with support from Mastercard"},"content":{"rendered":"

Wirex \u2014  the first cryptocurrency platform to be granted a Mastercard principal membership<\/a> \u2014 will release a new multi-currency card on the heels of the membership.<\/p>\n\n\n\n

Wirex is a London-based<\/a> crypto<\/a> payment<\/a> processor and is regulated<\/a> by the U.K.\u2019s Financial Conduct Authority, with a license to issue crypto cards in Europe. <\/p>\n\n\n\n

The multi-currency Wirex Card will be supported by Mastercard and linked to 19 crypto and fiat currency accounts in the Wirex app. An official release date has not yet been announced.<\/p>\n\n\n\n

In a bid to encourage the use of cryptocurrency for everyday payments, the company is also upgrading its existing \u201cCryptoback\u201d rewards program, which had until now rewarded users with up to 1.5% back in Bitcoin (BTC<\/a>) for each in-store transaction.<\/p>\n\n\n\n

From now on, rewards will be up to 2% online and in-store, with up to 6 percent rewards on customers\u2019 native Wirex Token balance annually.<\/p>\n\n\n\n

Ahead of the Mastercard offering, Wirex is also rolling out several other new features, building on a partnership with payments solution company LHV. <\/p>\n\n\n\n

In the European Economic Area, the new features, now live, include support for five new currencies: the Coration Kuna, Czech koruna, Polish z\u0142oty, Romanian leu and Hungarian forint. <\/p>\n\n\n\n

Earlier this year, the platform hit<\/a> over three million active users, seeing adoption among more mainstream users \u201cwho are not typically hardcore cryptocurrency users,\u201d according to its CEO.<\/p>\n\n\n\n

Wirex\u2019s service allows users in 130 countries to spend their cryptocurrencies and fiat currencies using an existing dedicated Visa card and mobile app.<\/p>\n\n\n\n

Signs of deepening integration between the worlds of plastic and of crypto have been strong and both Mastercard and Visa continue to establish working relationships<\/a> with prominent cryptocurrency firms. <\/p>\n\n\n\n

Coinbase\u2019s card was the first physical crypto card to be released in the United States market and supported both Visa and Mastercard<\/a> payment networks.<\/p>\n\n\n\n

Mastercard has this year actively sought out crypto exchanges and payment service providers to enlist<\/a> in its recently expanded cryptocurrency card program. <\/p>\n\n\n\n

This summer, Visa\u2019s outline of its approach toward digital currencies<\/a> affirmed that cryptocurrency has become \u201ca concept that is gaining traction beyond fintechs.\u201d(source: cointelegraph)<\/p>","protected":false},"excerpt":{"rendered":"

Wirex \u2014  the first cryptocurrency platform to be granted a Mastercard principal membership \u2014 will release a new multi-currency card on the heels of the membership. Wirex is a London-based crypto payment processor and is regulated by the U.K.\u2019s Financial Conduct Authority, with a license to issue crypto cards in Europe.  The multi-currency Wirex Card will be supported by Mastercard and linked to …<\/p>\n

Wirex announces multi-currency crypto card with support from Mastercard<\/span> Read More »<\/a><\/p>","protected":false},"author":1,"featured_media":3109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[],"_links":{"self":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/3126"}],"collection":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/comments?post=3126"}],"version-history":[{"count":1,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/3126\/revisions"}],"predecessor-version":[{"id":3127,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/3126\/revisions\/3127"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media\/3109"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media?parent=3126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/categories?post=3126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/tags?post=3126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}