Wirex gets it. Cryptos are only as valuable as the accompanying level of usability. Is this what mass adoption of bitcoin looks like?
UK-based group Wirex is now offering a free virtual debit card through its pre-existing app. A user can easily download the app, register their account, download the card and then choose to load it with a variety of currency options.(Currently EUR, GBP, USD or BTC.) The card can then be used to perform fiat-to-fiat conversions, as an online banking platform accessible worldwide, to verify Paypal accounts, among many things. The card can also be used in any place that Visa or Mastercard are accepted.
Less Friction, More Usage
The virtual debit card also allows the purchase of bitcoin through Paypal in 37 countries. As many have discussed previously, connectivity to real world applications has been a huge hurdle for cryptos. Regarding the new offering Pavel Matveev, co-founder of Wirex says,
Simply order the virtual card through Wirex app and now users can spend bitcoins anywhere Visa and Mastercard are accepted. We’re