Wirex, a leading crypto payments platform, has announced a long-term strategic partnership with payment giant Visa (NYSE: V) to expand its footprint in the United Kingdom and the Asia-Pacific (APAC) region.
Under the partnership, Wirex will directly issue crypto-enabled debit, and prepaid cards for assets like Bitcoin (BTC) to more than 40 countries, the crypto payment firm said in a press release on February 13.
The partnership will support further collaboration in significant markets such as Europe, the USA, and APAC between two countries.
Expanding crypto payment services
The development is another milestone for Wirex, which has over five million customers globally, with the UK as its largest customer base and rapid growth in APAC. The partnership is expected to empower more people to access the benefits of crypto.
“Visa wants to bring more payment options to consumers by connecting digital currencies with our network of banks and merchants. We’re excited that Wirex is expanding their focus on Asia Pacific, making it easy and seamless for people to spend their…