Wirex, the cryptocurrency payments platform, has announced a new strategic global partnership with Visa.
The partnership will see Wirex become a member of Visa in APAC and the UK – allowing it to directly issue crypto-enabled debit and prepaid cards in over 40 countries.
Wirex said the partnership would also enable it to offer new products to utilise crypto in the everyday, improve user-experience and pilot new blockchain initiatives.
The move follows a previous partnership between the two companies, when Wirex developed a crypto-enabled card allowing users to buy, hold, exchange, sell multiple traditional and cryptocurrencies, and spend them at over 80 million locations where Visa is accepted.
Commenting on the latest pair-up, Svyatoslav Garal, regional managing director of Wirex APAC said: “It's great to strengthen our partnership with Visa, who have played an important role in allowing us to bridge the gap between the traditional and digital economies.”
Garal added: “Visa's proven commitment to safety, security and innovation will help us to continue developing a next-generation app and card."
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