Digital payments platform Wirex announced on Tuesday the launch of its multicurrency Mastercard debit card in the UK and EEA, as well as its new rewards program, X-tras, across the globe. Wirex reported that after reaching 75,000 people on the waitlist for the new card, the 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.”
Wirex further explained the new multicurrency card is just one of its many new releases this year. Wirex X-tras, an upgrade of the company’s rewards scheme, has also recently launched. Through an innovative new subscription model, customers can access X-tras including up to 2% Cryptoback on any in-store or online purchases made with their Wirex card and, for a limited time only, up to 12% Savings Bonus on their WXT account balance. Pavel Matveev, Co-Founder and CEO of Wirex, spoke about the launches by stating:
“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.”
Wirex added that users in the UK and EEA region may order the new Wirex debit card from the website, whilst the X-tras rewards program will be available to customers globally in-app. For a limited time, Premium and Elite subscribers can access up to 4% and 12% Savings Bonus on their WXT account balance.