Wirex launches next-gen bitcoin-enabled Visa card for APAC region

Wirex, a crypto payment wallet and service company, has announced the launch of a brand new next-generation Wirex Visa Travelcard. The travel card will empower customers across the APAC region to spend multiple crypto and fiat currencies, and earn crypto rewards wherever they travel. All cryptocurrency exchanges to legal tender fiat currency take place before users transact on the Visa network.

Compatible with more than 150 currencies, the Wirex Visa Travelcard enables customers to link multiple fiat currencies, avoiding costly exchange fees during travel. Wirex cardholders can pay their way at 54 million outlets around the world – anywhere Visa is accepted and free international ATM withdrawals. The card also offers rewards customers with up to 1.5% back in bitcoin on all in-store purchases through its first in the world Cryptoback program.

“We’re delighted to be able to offer the full Wirex experience and empower customers across APAC to take control of their crypto and traditional currency. This unparalleled functionality and versatility make the Wirex Visa Travelcard the perfect travel companion, whether customers are traveling abroad for business or leisure.”
– Pavel Matveev, Wirex co-founder and CEO

Wirex Expansion

The launch of the Wirex Visa Travelcard is part of a general expansion of Wirex services for customers in the region, which includes 19 secure, cold-storage traditional and cryptocurrency accounts, including USD, SGD, AUD, JPY, EUR, GBP, BTC and ETH among others.

To allow as many people as possible to experience the Wirex Visa Travelcard and gain exposure to its services, Wirex is removing fees, including account management and traditional currency exchange fees, for a limited period.

Since its creation in 2015, Wirex soon after launched their first Visa card that allowed customers to convert and spend their cryptocurrency in the real world, and will soon release a selection of fiat-backed stablecoins. Wirex is one of only three cryptocurrency-enabled companies in the world to be granted a UK FCA e-money license (No: 902025).