We have been consistently launching and delivering innovative offerings in a fully compliant manner for many years:
– we were the first company to actually launch a crypto-enabled debit card at scale back in 2015
– we have been a regulated financial institution since 2018, being one of the handful of crypto companies holding an e-money license from UK FCA
– we are the only crypto company in the world to have been granted principal membership with both Mastercard and Visa
– we have just launched a new product called X-Accounts, which allows customers to earn unprecedented levels of interest on both fiat and crypto funds when compared to competitors and high-street banks

A more detailed summary of the main milestones can be found here.

We take security very seriously and use sophisticated and resilient technology to ensure customer’s money is safe with Wirex:
– Licenced and regulated platform
– Comply with regulatory frameworks and actively seek out licencing requirements
– Endeavouring to lead by example in the sector and apply ‘gold-plated’ standards where regulations don’t exist yet
– Our infrastructure is independently audited and tested on a regular basis (see more detail below), and are PCI DSS Level-1 certified, the highest level possible
– Partnered with regulated card issuers, to utilise the Europay Mastercard & Visa (EMV) standard that increases card security
– Use a risk-engine tool to track fraudulent card transactions and unauthorised access, including automated KYC processes
– 3D secure enrolment to protect online and offline transactions
– Multisig security model on wallets, using access keys stored in multiple locations
– Two-factor authentication (2FA) to address the issue of password vulnerability
– A dedicated Customer Support team on hand to help with 24/7 in-app live chat
– Keep documents and sensitive data for-your-eyes only using TLS and 256-bit AES encryption technology

Wirex is a centralized financial institution – licensed and regulated by the UK FCA.

Wirex is a digital payment platform with a mission – to make crypto and traditional currencies equal and accessible to everyone.

We’re making fintech simple. Our innovative mobile app and next-gen Wirex card lets you buy, store, exchange and spend a wide variety of conventional and digital currencies quickly and securely, with no hidden fees and zero fuss.

With nearly 3.5 million customers across 130 countries, the company offers secure accounts that allow customers to easily store, buy and exchange multiple currencies instantly at the best live rates on one centralized mobile app.

Simply paying with a Wirex card anywhere Visa/Mastercard is accepted, you discover a world where every purchase earns them Cryptoback™ rewards – and using cryptocurrency in real life becomes as easy as tapping your Wirex card.