Wirex, has launched its hotly-anticipated multicurrency Mastercard debit card in the UK and EEA, as well as its new rewards programme, X-tras, across the globe.
These new features will help to make crypto more accessible to everyone. Building on this partnership, the new Mastercard debit card will make users’ lives borderless by enabling them to spend up to 18 crypto and traditional currencies in real-time.
Mastercard principal membership enables Wirex to issue payment cards directly to consumers, making it easier for people to buy, hold and exchange multiple traditional and cryptocurrencies. Consumers can instantly convert their cryptocurrencies into traditional fiat currency, which can be spent everywhere Mastercard is accepted around the world.
The card features include real-time point-of-sale conversion, exclusive interbank and OTC exchange rates, free international ATM withdrawals, zero monthly fees and free fiat-to-fiat exchanges.
Mastercard UK & Ireland’s Head of Fintech, Edoardo Volta, said:
“The cryptocurrency market continues to mature, and Mastercard is driving it forward, creating safe and secure experiences for consumers and businesses in today’s digital economy. Our work with Wirex is another example of how we are empowering consumers with more choice and peace of mind in the way they shop and pay.”
Pavel Matveev, Co-Founder and CEO of Wirex, said:
“it’s been Wirex’s aim to continue developing a next-generation product that will bring crypto further into the mainstream, and the launch of the debit card and X-tras rewards scheme will make this a reality. The huge range of benefits that come with it will appeal to everyone from crypto-enthusiasts to frequent travelers and the financially-savvy, and will be a great alternative to traditional banks.”
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