New debit crypto cards are being launched by Cryptocurrency bank Wirex for its European Union customers. The new generation of cards will support multiple currency accounts and will also have contactless payment functionality, according to a company press release. The first new plastic Visa cards have already been issued Thursday, the announcement states.
The redesigned Wirex accounts and the new cards are available in the UK since March 8, the reports say. Users in France, Germany and Italy will be able to order the cards on March 20. The launch date for other EU countries is said to be March 27.
Wirex Community Manager Raphael Shalaby has confirmed successful beta tests with a number of payment processors. “Rollout will start within 14 days on a country by country basis”, Shalaby said in the company’s forum. We will soon see these card in usage as the virtual cards were “days away” and the plastic cards are being manufactured. Their release would take another 5-6 weeks, he said.
Three types of payment cards will be offered by Wirex – a virtual card, a physical one, allowing contactless payments , and a pre-paid debit card similar to the original Wirex card. Responding to questions about the pending launch, Raphael Shalaby said,”It’s a priority. I can only say it will happen ASAP!”
The company’s website reads that users can access their virtual cards immediately after registration, and claiming one is free of charge. However, due to paucity of availability ordering a plastic card currently requires joining a waiting list. According to Wirex Community Manager, people on that list will be prioritized. An order for a plastic card submitted in the UK returned a number close to 57,000.