i2c Teams Up with Wirex, Expands Prepaid Crypto Card to the US

Thursday, 10/02/2022 | 08:04 GMT by Bilal Jafar
  • Founded in 2014, Wirex is a leading digital payment platform.
  • The announcement follows a successful multi-currency travel card launch in APAC and Europe.
Crypto2022

The digital payment and banking technology provider, i2c announced a partnership with Wirex, a prominent borderless cryptocurrency and fiat payment company, yesterday for the expansion of its prepaid multi-currency debit card in the US market.

Recently, Wirex launched its prepaid crypto-enabled payment cards in the EU region. Through the expansion in the US market, the financial services firm is planning to meet the growing demand for products related to crypto payments.

“Wirex’s hybrid payments alternative integrates blockchain technology on i2c’s platform to enable US customers to buy, store, exchange, and spend both USD and up to 30 cryptocurrencies at over 80 million merchant locations globally. Accounts can be easily funded by debit card top-up payments and additional features include no annual fees, zero exchange fees, near-instant crypto transactions and live transaction notifications,” i2c noted in a press release.

Amid a jump in the adoption of cryptocurrency assets, Wirex expanded its offering substantially in 2021. In December last year, the company announced the launch of 5 new stable coins on its platform. Created in 2014 by Pavel Matveev and Dmitry Lazarichev, Wirex has more than 4.5 million customers across 130 countries.

Payments

The launch will facilitate Americans in payments through multiple fiat and cryptocurrencies. According to Pavel Matveev, the Co-Founder, and CEO of Wirex, the launch is an important step towards the company’s expansion plans in the US market.

“We’ve been working with i2c for over four years now and have been able to quickly evolve into a global platform using i2c’s single codebase. With i2c, we’re able to redefine payments and travel for cardholders around the world,” Matveev said.

“Demand for the Wirex card has been growing globally, and we’re pleased to be able to support their multi-currency debit card to elevate payments experiences in the US,” commented Amir Wain, the Founder, and CEO of i2c Inc.

The digital payment and banking technology provider, i2c announced a partnership with Wirex, a prominent borderless cryptocurrency and fiat payment company, yesterday for the expansion of its prepaid multi-currency debit card in the US market.

Recently, Wirex launched its prepaid crypto-enabled payment cards in the EU region. Through the expansion in the US market, the financial services firm is planning to meet the growing demand for products related to crypto payments.

“Wirex’s hybrid payments alternative integrates blockchain technology on i2c’s platform to enable US customers to buy, store, exchange, and spend both USD and up to 30 cryptocurrencies at over 80 million merchant locations globally. Accounts can be easily funded by debit card top-up payments and additional features include no annual fees, zero exchange fees, near-instant crypto transactions and live transaction notifications,” i2c noted in a press release.

Amid a jump in the adoption of cryptocurrency assets, Wirex expanded its offering substantially in 2021. In December last year, the company announced the launch of 5 new stable coins on its platform. Created in 2014 by Pavel Matveev and Dmitry Lazarichev, Wirex has more than 4.5 million customers across 130 countries.

Payments

The launch will facilitate Americans in payments through multiple fiat and cryptocurrencies. According to Pavel Matveev, the Co-Founder, and CEO of Wirex, the launch is an important step towards the company’s expansion plans in the US market.

“We’ve been working with i2c for over four years now and have been able to quickly evolve into a global platform using i2c’s single codebase. With i2c, we’re able to redefine payments and travel for cardholders around the world,” Matveev said.

“Demand for the Wirex card has been growing globally, and we’re pleased to be able to support their multi-currency debit card to elevate payments experiences in the US,” commented Amir Wain, the Founder, and CEO of i2c Inc.

About the Author: Bilal Jafar
Bilal Jafar
  • 2440 Articles
  • 71 Followers
About the Author: Bilal Jafar
Bilal Jafar holds an MBA in Finance. In a professional career of more than 8 years, Jafar covered the evolution of FX, Cryptocurrencies, and Fintech. He started his career as a financial markets analyst and worked in different positions in the global media sector. Jafar writes about diverse topics within FX, Crypto, and the financial technology market.
  • 2440 Articles
  • 71 Followers

More from the Author

CryptoCurrency

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}