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José A Rodríguez photo
Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on Wirex EUR by José A Rodríguez

Revainrating 4 out of 5

Growing up Within the Better Payment Methods

The systems permits customers to finance their assets by applying to some well-known methods like debit/credit card or bank transfer. In addition, Wirex’ users can pursue and check their currents movements, or operate the system by just making use of live in-app messages.

Besides, the company ensures the better protection to their clients. They recently updated the general specifications and safety guidelines. First of all, the security system of this digital card is certified following the PCI DSS Level 1. Secondly, the system is presented as a licensed e-money issuer that operates under the FCA policies.

Throughout this year, the company has revealed that 25% of all Wirex transactions are recorded in the UK, followed bymovements on Italy calculated with 13%, Spain and Germany around a 10%, and finally France with 7%. In the sae line, BTC is the most traded currency, and it represents almost a 70% of all crypto exchanges.

I personally think this card could be a great investment for some users who has confidence using traditional systems. This card makes use of good technology advances but it shows an easy and safe way of operation.




Pros
  • Multi-functional purposes. Users can buy, store or exchange their assets by only using their digital card.
  • Capacity of self-conversion. It operates with 12 different currencies.
  • An easy-to-use platform where clients can storage all their currencies. They can also adapt the interface to their needs to choose among the current coins digital or traditional coins they have.
Cons
  • There’s not a physical card yet.
  • Still limited in some worldwide areas. Latin American countries cannot experience the advantages of Wirex's products.
  • Merchants must cancel a monthly-fee service even if they are not using it.

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