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Payments Firm Wirex Launches Multi-Currency Debit Card in UK, Europe

The card supports 18 currencies, crypto among them.

Updated Sep 14, 2021, 12:23 p.m. Published Mar 9, 2021, 4:41 p.m.

Payments platform Wirex announced Tuesday the launch of its multi-currency Mastercard debit card in the U.K. and the European Economic Area (EEA). The card supports 18 crypto and traditional currencies, Wirex said.

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The card includes real-time point-of-sale conversion, interbank and over-the-counter exchange rates, free international ATM withdrawals, zero monthly fees and free fiat-to-fiat exchanges, the firm said in a press release.
"After reaching 75,000 people on the waitlist for the new card, these new features will help to make crypto more accessible to everyone," Wirex said.
The firm says it has 3.5 million customers in 130 countries.
Wirex became Mastercard's first crypto-native principal member in July; it achieved the same principal member status with Visa in December.
"Our work with Wirex is another example of how we are empowering consumers with more choice and peace of mind in the way they shop and pay," Edoardo Volta, head of fintech at Mastercard U.K. and Ireland, said in a statement.

payments Debit Cards Mastercard Wirex

Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.