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Author Topic: Wirex becomes principal member of Mastercard.  (Read 141 times)
bgaf (OP)
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July 21, 2020, 05:17:14 AM
 #1

Wirex company now becomes a mastercard principal member.

Based on this article:
https://wirexapp.com/blog/post/wirex-becomes-mastercard-principal-member-0206

Their CEO says:
"Wirex is proud to have become a principal member of Mastercard. It has always been our vision to empower everyone to enjoy the advantages of a world where all currencies are equal, and this membership is a step in the right direction.” Matveev believes this is just the start of a series of exciting announcements for Wirex, “we’ve been working hard to develop a cheaper, faster and safer platform, and we’re excited to announce some revolutionary advancements over the next few months that will change the fintech and crypto spaces forever”.

I think aside from the Binance Card launching many crypto related firms started to improve and add more development on the scene. I know wirex have some issues before but this news could change that and probably be a good news for all. Im not a wirex user but seeing some firms integrating and connecting more on financial system will help adoption grow and expand more which is good for the market.

What do you think about the news?

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July 21, 2020, 05:28:40 AM
 #2

Wirex should have issues, it's a new exchange and all top exchanges today had issues when they are still very young, this is a very good news and I'm glad to be a bag holder of this exchange, crypto is surely going for mass adoption thing time

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July 21, 2020, 05:44:32 AM
 #3

It's not a news to me, it isn't new and I think that will not make a big impact to the crypto market at all. On recent year I think we've just heard Coinbase has been granted by Visa (Mastercard competitor) to issue debit cards yet that doesn't changed the fact that it haven't made a huge impact.
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July 21, 2020, 05:47:43 AM
 #4

Wirex should have issues, it's a new exchange and all top exchanges today had issues when they are still very young, this is a very good news and I'm glad to be a bag holder of this exchange, crypto is surely going for mass adoption thing time
I think you got confused, wirex isn't wazirx, if you are pointing to a new exchange it's definitely wazirx, wirex isn't new at all, I'm happy to see top crypto platforms taking steps to open more opportunities to crypto mass adoption

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July 21, 2020, 08:50:39 AM
 #5

Wirex is a project that entered the cryptocurrency market too quickly and shows very good results, but I did not invest in it. maybe it's not right, but I don't trust them

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July 21, 2020, 09:03:56 AM
 #6

Wirex is a project that entered the cryptocurrency market too quickly and shows very good results, but I did not invest in it. maybe it's not right, but I don't trust them
According to my memory, they have been involved in this market since 2019. They have had successful IEO in Okex and helped a lot of investors get profits, now they continue to publish news. news like this and having a relationship with Mastercard. I believe that in the near future this project will continue to grow rapidly and prices may increase dramatically
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July 21, 2020, 09:09:30 AM
 #7

Wirex is a project that entered the cryptocurrency market too quickly and shows very good results, but I did not invest in it. maybe it's not right, but I don't trust them

Trust is a majore aspect when investing and this counts especially for the crypto space. Therefore your decision is the right one. Besides this wirex seems like it is grwoing very rapidly at the moment

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July 21, 2020, 10:57:37 AM
 #8

It's good to see a another crypto member being added to mastercard member. Even though a centralized network, mastercard is still the easiest way to withdraw your cash worldwide. Mostly useful for withdrawing funds while you are travelling aboard. But with regular problems on compatibility with the card provider and ATM machines, it is still not a 100% reliable solution. And the fees are large. We need crypto companies to jump into a collective ATM network.


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July 21, 2020, 11:20:28 AM
 #9

Wirex is a project that entered the cryptocurrency market too quickly and shows very good results, but I did not invest in it. maybe it's not right, but I don't trust them
Why is that? agree they are new to this market, but they bring a lot of positive news and you should trust them. Don't waste your time with old projects because in the future it will crash and die









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bigcash2011
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July 21, 2020, 01:36:27 PM
 #10

Wirex company now becomes a mastercard principal member.

Based on this article:
https://wirexapp.com/blog/post/wirex-becomes-mastercard-principal-member-0206

Their CEO says:
"Wirex is proud to have become a principal member of Mastercard. It has always been our vision to empower everyone to enjoy the advantages of a world where all currencies are equal, and this membership is a step in the right direction.” Matveev believes this is just the start of a series of exciting announcements for Wirex, “we’ve been working hard to develop a cheaper, faster and safer platform, and we’re excited to announce some revolutionary advancements over the next few months that will change the fintech and crypto spaces forever”.

I think aside from the Binance Card launching many crypto related firms started to improve and add more development on the scene. I know wirex have some issues before but this news could change that and probably be a good news for all. Im not a wirex user but seeing some firms integrating and connecting more on financial system will help adoption grow and expand more which is good for the market.

What do you think about the news?


Wirex is a quality crypto company but i do not think that they provide cards for all countries this is the thing they need to work on fast because other crypto card companies some of them that i know like crypterium are already providing global service.

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July 21, 2020, 02:06:48 PM
 #11

I'm not a wirex user too but this is going to be the next thing for the same companies. They will integrate their services with Mastercard and any other competitor which will put them into the mainstream adoption. Future news like this could come any time now and for me, let's appreciate that a company like mastercard is open to this partnership but it doesn't mean they're all for crypto. It's just a business matter, no other than that.

bgaf (OP)
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July 21, 2020, 02:07:59 PM
 #12

Wirex is a quality crypto company but i do not think that they provide cards for all countries this is the thing they need to work on fast because other crypto card companies some of them that i know like crypterium are already providing global service.
Everybody start from small scale so I guess they can improve at a later time. Mostly crypto card debit card start from Europe then goes to Asia. Probably mastercard expand their supported crypto across the globe. Crypterium is a good project maybe wirex will be at that stance in the future. Who knows it could widen their scope.
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July 21, 2020, 02:11:40 PM
 #13

Hopefully with such good news, Wirex price will increase in the future. This is not a big project in this market so it does not receive too much attention from investors.
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July 21, 2020, 03:34:37 PM
 #14

Hopefully with such good news, Wirex price will increase in the future. This is not a big project in this market so it does not receive too much attention from investors.
very happy to see news about Wirex chosen by Mastercard,
if indeed it happens of course this is positive for Wirex and also other crypto currencies, because the future already looks good

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July 21, 2020, 04:13:31 PM
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Now I can say with confidence that it is the Wirex project that is the answer to all these questions, whether a banking system will exist when people start using cryptocurrency in everyday life. The fact is that the banking sector in any case adapts to market conditions and the requirements of society. I really liked this project because it makes it easy to use a bank card and implement the exchange of cryptocurrency in the shortest possible time without being tied to the working schedule of bank branches and without unnecessary bureaucracy.

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