Wirex, the leading Web3 money app, and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA).
This collaboration will explore new opportunities to leverage and integrate innovative Visa cards and reduce friction in payment experiences. By combining the strengths of both companies, consumers will have the trust and confidence of Visa’s payment network with Wirex’s product innovation.
A major highlight of this partnership is the launch of Wirex Pay, the modular Zero Knowledge (ZK) payment chain incubated by Wirex. Wirex Pay is designed to revolutionise how users manage and spend both crypto and traditional currencies. This innovative product aims to simplify transactions, offering a seamless way to handle funds. It showcases fintech innovation by enabling seamless transactions between blockchain technology and traditional finance.
Wirex proudly stands as a crypto-native company holding Visa principal license capabilities for card issuance. Together, Visa and Wirex are committed to developing projects that integrate blockchain technology with traditional financial systems, ensuring smooth and efficient transactions. As such, Visa will support Wirex’s growth in existing markets through enhanced marketing efforts, leveraging Visa assets and capabilities.