June 1, 2022 - The addition of this payment option to purchase crypto could make the digital economy accessible to the over 1 billion people in India.
Wirex Wallet users in India can now purchase crypto such as MATIC, BTC and DOGE using mobile payment and bank transfer alongside the debit/credit and Apple/Google Pay options already available.
The launch of the Wallet develops the global Wirex ecosystem and bridges the gap between the traditional and digital economies. Wirex Wallet also features expanded blockchain options including Ethereum, Fantom, Avalanche, Binance Smart Chain, and recently, the Polygon blockchain.
Pavel Matveev, CEO and Co-Founder of Wirex, commented, "We have released the Wirex Wallet to enable mainstream users to benefit from DeFi. Extending the features and functionality for customers in India is the next step in this."
Indian customers can now buy, hold, exchange and sell 50+ currencies from the app and earn interest on crypto funds through savings accounts.
This announcement follows recent new alternative payment methods on the Wallet for those living in Malaysia, Indonesia and Portugal. Wirex also plans to add the Solana blockchain over the coming weeks.
Northern Trust Creates Digital Assets and Financial Markets Group
CME Reports Record FX Link Volumes Traded on June 16
FTX US Acquires Clearing Firm Embed to Enhance FTX Stocks
Match-Trade Technologies partners with Conv.rs
Citi partners with Metaco to develop digital asset custody capabilities