Wirex, the leading platform for digital payments, launched in America. This will give millions of Americans more access to cryptocurrency and fiat currencies.

Sutton Bank and Zero Hash have partnered to distribute the popular debit card throughout America. Wirex provides innovative services to more than 4.5 million customers in the EEA/APAC region. The company is well-known for providing security-conscious solutions and has launched a US-based launch.

Wirex is aiming to change the way Americans pay their bills. It allows users to instantly buy, sell, hold and exchange US Dollars as well 37 other cryptocurrencies, all from one app. Users can also send and receive crypto seamlessly from outside wallets. State-of-the-art technology links the app to a contactless Visa debit card, allowing customers to spend their cryptocurrency* online and in-store at over 61 million locations globally. Additional features include free domestic and international ATM withdrawals**, no annual fee, zero exchange fees, near instant crypto transactions, and live transaction notifications. Customers can instantly top-up with no fees after a collaboration with Checkout.com by linking their debit card.

Since launching in 2014, Wirex has become famous within the fintech community for developing the first crypto-enabled debit card, as well as the world’s first crypto rewards scheme, Cryptoback. For every purchase, users receive X-points worth up to 8.8%. These points can then be used for any crypto-in-app. They also released X-tras which is an enhanced rewards program. Also, X-Accounts is a DeFi-powered interest-earning tool that will soon be available in the US.

“We are thrilled to enable American consumers to enjoy the benefits of a Digital Economy, no matter if they are a crypto-enthusiast, or just a beginner fintech enthusiast,”
Harold Montgomery, Wirex USA’s Managing Director, commented.

Wirex is the answer to US users who have long sought alternatives to slow, antiquated and opaque forms of payment. Wirex is known for upholding licensing and regulatory standards and using industry-best practices in areas where they don’t exist. American customers can expect the exact same level of compliance.”
Edward Woodford, the CEO of Zero Hash and the crypto trading infrastructure platform powering the Wirex’s crypto launch, commented that, “This is an excellent time to enter the US market and Wirex is primed for success as cryptocurrencies gain momentum as a payment option. Recent studies confirm this with nearly 60 percent of US consumers wanting to pay with crypto to make everyday purchases.1Our deep expertise in US regulations and our API-first approach makes us consistently the chosen partner for fintechs such as Wirex to expand to the US.”

Wirex continues to build a digital ecosystem. The recent Wirex release and investment in Nereus DeFi protocol have placed Wirex on the path of exponential growth. US launches will be pivotal in this. The company also plans to launch more services and features that were successful in other countries. This should allow for greater adoption of DeFi and crypto to reach more than 300 million Americans.

These are the Key Points

• App for mobile that allows customers to buy, store and exchange digital currency anytime and anywhere.
• External wallets can send and receive crypto using on-chain transactions
• The Wirex app can be linked to a contactless Visa card to allow these funds to travel to more than 61 million locations worldwide.
• The FDIC-insured, federally chartered bank holds prepaid card funds. They are insured for up to $250,000 each.
• Commission-free trading and zero ATM fees**
• You can instantly top up your credit/debit card by linking it
• With the help of Cryptoback Rewards Scheme and Xtras Program, you can earn up to 8.8% XPoints for online and in-store orders
• More than 4.5 millions customers worldwide, including huge successes in EEA & APAC.
• Currently available to all US states (except New York & Hawaii, coming later this year)
• Plans are underway to offer additional products and features to US customers.

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