Description of Wirex GBP
The Wirex GBP Payment Card is Visa secured and crypto-enabled. It offers instant in-app currency exchange between fiat and crypto in any direction (£, $, €, Bitcoin and Litecoin). Once the account has been verified, users can manage multi-currencies using the virtual card through the app or order a physical card instead. The sort code and account number enable the user to send payments with the ease of a traditional bank account.
The card can be frozen and defrosted from within the app if lost and there are no fees for inactivity. A feature unique to the Wirex Payment Card is CryptobackTM; a program that rewards users with 0.5% of their in-store transactions in Bitcoin when they spend by swipe, chip & pin or tap & go.
The account has a £1 monthly fee, and the physical card is currently free to order (including delivery) and is enabled with in-app notifications. The maximum account balance is £7500, with an unlimited daily transaction allowance.