New program follows successful multi-currency travel card launch in APAC and Europe
i2c Inc., a leading provider of digital payment and banking technology, announced its partnership with Wirex, a leading borderless cryptocurrency and fiat payment platform to deliver its prepaid multi-currency debit card to the US.
Latest Fintech Insights: Yieldbroker Chooses Sisense To Power New Ai-infused Trading Platform, YBEdge
“We’ve been working with i2c for over four years now and have been able to quickly evolve into a global platform using i2c’s single codebase. With i2c, we’re able to redefine payments and travel for cardholders around the world.”
The collaboration builds on a longstanding partnership between the two payment leaders, expanding the Wirex prepaid crypto-enabled card program from the APAC and European regions to the United States. Similar to the other programs, US Wirex cardholders will manage and use multiple currencies while traveling using a single card. In addition to gaining cross-border flexibility and control over their payments, cardholders can earn up to 8 percent in crypto rewards on all in-store and online purchases while avoiding costly travel exchange fees.
“We are thrilled to be able to bring our prepaid crypto card program to the US after a successful launch in the APAC and European regions,” said Pavel Matveev, co-founder and CEO of Wirex. “We’ve been working with i2c for over four years now and have been able to quickly evolve into a global platform using i2c’s single codebase. With i2c, we’re able to redefine payments and travel for cardholders around the world.”
Browse The Complete News About Fintech : ‘Care Now, Pay Later’ Pioneer PayZen Integrates With Epic, Joins App Orchard
“Demand for the Wirex card has been growing globally, and we’re pleased to be able to support their multi-currency debit card to elevate payments experiences in the US,” said Amir Wain, founder and CEO of i2c Inc. “Now, Americans can enjoy the flexibility and ease that comes with being able to travel and spend using multiple fiat and cryptocurrencies on a single card and app – on a truly borderless payment platform.”
Wirex’s hybrid payments alternative integrates blockchain technology on i2c’s platform to enable US customers to buy, store, exchange, and spend both USD and up to 30 cryptocurrencies at over 80 million merchant locations globally. Accounts can be easily funded by debit card top-up payments and additional features include no annual fees, zero exchange fees, near instant crypto transactions, and live transaction notifications.
Read More About Fintech News : MainStreet Bancshares, Inc. Repurchased Stock
[To share your insights with us, please write to sghosh@martechseries.com]