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Wirex Launches WPay: Transforming Payments in the Web3 Era

Experience the future of payments with Wirex's WPay – a decentralized network enhancing financial control. Bridging digital assets and everyday transactions for over 6 million users globally.

Wirex Unveils WPay: A Decentralized Payment Network Revolutionizing Digital Finance

Wirex, a leading Web3 money app, is thrilled to launch early access to WPay, a decentralized payment network addressing financial challenges. WPay aims to simplify financial interactions by eliminating intermediaries, custody risks, and slow settlements. Tailored for decentralized applications (dApps), non-custodial wallets, and DAOs, WPay enhances financial control and security.

Key Value Propositions of WPay: Enhancing Financial Control

  1. Self-Custody: The WPay Card empowers users with direct control over assets, mitigating counterparty risk.
  2. Digital Asset Flexibility: Effortlessly manage digital assets, engage in lending, and borrowing activities.
  3. Security: Adhering to the highest standards, WPay provides users with peace of mind.
  4. Instant Spending: Use crypto as easily as cash, with WPay accepted by over 50 million merchants in 200+ countries.

WPay Self-Custodial Debit Card: Bridging Digital Assets and Everyday Transactions

The WPay self-custodial debit card facilitates seamless spending of digital assets in the traditional economy. Accepted globally, it ensures users have direct control over assets, aligning with Wirex's commitment to making cryptocurrencies accessible to everyone.

CEO’s Perspective: Bridging Digital Assets and Everyday Transactions

Pavel Matveev, CEO of Wirex, emphasizes that WPay serves as a bridge between digital assets and everyday transactions, aligning with Wirex's commitment to crypto accessibility.

Wirex’s Position in the Digital Payments Landscape

As a global leader in digital payments since 2015, Wirex serves over 6 million customers across 130 countries. As a Visa and Mastercard principal member, Wirex offers secure accounts for storage, purchase, and exchange of multiple currencies.

Embracing Web3 Trends: Mainstream Access to DeFi and Wealth Management

Wirex embraces Web3 trends, providing mainstream access to decentralized finance (DeFi) and wealth management.

Driving Mass Adoption of a Cashless Society: Wirex’s Ambition

Having processed $20 billion in transactions, Wirex aims to drive mass adoption of a cashless society by facilitating easy crypto and traditional currency transactions worldwide.

Company Background: Making Cryptocurrencies Accessible Since 2014

Founded in 2014, Wirex, led by Pavel Matveev and Dmitry Lazarichev, plays a pivotal role in shaping the future of digital finance with a global presence and offices worldwide.