• Wirex has recently announced a long-term service agreement with Visa, making it a global partner of the company.
• This partnership will allow Wirex to offer its crypto card services to more countries around the world, including in the UK and APAC markets.
• Customers can use their cryptocurrency assets to make payments at about 80 million locations where Visa is accepted around the world, and receive 8% cashback instantly.
Wirex Partners With Visa
Wirex has recently announced a long-term service agreement with Visa, making it a global partner of the company. This partnership will allow Wirex to offer its crypto card services to more countries around the world, including in the UK and APAC markets.
Global Reach for Crypto Card Services
This agreement makes Wirex a global partner of Visa and expands its crypto card services to 40+ countries worldwide. Furthermore, customers can now use their cryptocurrency assets to make payments at about 80 million locations where Visa is accepted around the world, and receive 8% cashback instantly.
A Milestone For Wirex
The move is a great milestone for Wirex as they become one of few companies who have made such an agreement with Visa in order to reach customers in new markets including the UK and APAC markets.
Series B Funding Round
In 2022, Wirex raised $15 million in its Series B funding round. The core objective behind this partnership is for both companies (Visa and Wirex) to introduce more crypto-linked payment methods for more markets around the world.
Future Plans
After signing this particular global partnership agreement, Wirex now plans on finalizing another card partnership related to Australia within the next coming weeks.