Global blockchain payments provider BitPay announced on Wednesday a new feature enabling users to buy cryptocurrency from within the BitPay Wallet App using Wyre. According to BitPay, Customers can now buy Bitcoin and ETH using a debit card or Apply Pay through the mobile app.
While sharing more details about the integration and features, Stephen Pair, Co-Founder and CEO of BitPay, stated:
“Working with Wyre helps us to offer solutions to the market making the blockchain payments more accessible not just to power crypto users but those who are looking to crypto for the first time. The BitPay Wallet App enables users to take control of crypto through everyday spending, safer storage and managing funds across platforms.”
Liana Spano, Chief of Staff at Wyre, then shared:
“Crypto has revolutionized the way we deal with payments domestically and internationally by allowing the swift mobility of funds in an otherwise slow and outdated legacy system. In the midst of a global pandemic, it’s more important than ever to streamline global payouts to reach our partners in hard-hit communities as quickly as possible.”
BitPay went on to add that the option to purchase other cryptos like XRP and stablecoins will be available in the coming months as will purchases using Samsung and Google Pay. The integration with Wyre comes just a little over a month after BitPay announced it expanded its integration with cryptocurrency platform Coinbase to enable instant, no fee blockchain payments.