Wirex — the first cryptocurrency platform to be granted a Mastercard principal membership — will release a new multi-currency card on the heels of the membership.
The multi-currency Wirex Card will be supported by Mastercard and linked to 19 crypto and fiat currency accounts in the Wirex app. An official release date has not yet been announced.
In a bid to encourage the use of cryptocurrency for everyday payments, the company is also upgrading its existing “Cryptoback” rewards program, which had until now rewarded users with up to 1.5% back in Bitcoin (BTC) for each in-store transaction.
From now on, rewards will be up to 2 percent online and in-store, with up to 6 percent rewards on customers’ native Wirex Token balance annually.
Ahead of the Mastercard offering, Wirex is also rolling out several