Wirex, a bitcoin wallet with physical or virtual debit card attached has announced that users of the Wirex debit card now earn 0.5% back in bitcoin from all in-store retail purchases.
The contactless Visa debit card, with the Wirex rewards feature, is the latest enhancement in the new Wirex 2.0 offering. There is no fee to join the rewards program.
Customers who wish to spend their rewards can choose the redeem option in the app and their rewards are credited to their Wirex wallet.
Pavel Matveev, CEO of Wirex, says, “We are extremely excited about this addition to our core offerings. The fact that we pay our CryptoBack rewards in Bitcoin means that crypto-curious people can start building up a cryptocurrency portfolio.”
Wirex crypto wallets are on an open platform, which means customers can buy, sell, and exchange their cryptos in or out of their accounts without restrictions.
“We are leveraging our crypto know-how to redefine the payments landscape and are constantly working towards more innovation in this space,” says Matveev.
– The card can be funded from a bank account and one can top up using a debit, credit card or crypto wallet;
– If a client loses the card it can be blocked on the app, or if both the phone and the card are lost;
– The card is valid for 3 years;
– To be approved for the card you need to become a Verified user by submitting a proof of address, however, more information may be required depending on client circumstances.