BitPay Expands Wallet App Features with Wyre Integration

ATLANTA–()–BitPay, the world’s largest supplier of Bitcoin and cryptocurrency fee providers, introduced as we speak a brand new characteristic enabling customers to purchase cryptocurrency from throughout the BitPay Wallet App utilizing Wyre. Customers can now purchase Bitcoin and ETH utilizing a debit card or Apply Pay by way of the BitPay Wallet App with one-click. A Wyre account is just not required. The choice to buy different cryptos like XRP and stablecoins might be accessible within the coming months as will purchases utilizing Samsung and Google Pay.

“Crypto has revolutionized the best way we take care of funds domestically and internationally by permitting the swift mobility of funds in an in any other case sluggish and outdated legacy system. In the midst of a world pandemic, it’s extra vital than ever to streamline world payouts to achieve our companions in hard-hit communities as rapidly as attainable,” mentioned Liana Spano, Chief of Staff at Wyre.

The BitPay Wallet App was designed to be simple to obtain and handle whereas safe sufficient to guard those that are simply studying about blockchain.

“Working with Wyre helps us to offer solutions to the market making the blockchain payments more accessible not just to power crypto users but those who are looking to crypto for the first time,” mentioned Stephen Pair, co-founder and CEO of BitPay. “The BitPay Wallet App enables users to take control of crypto through everyday spending, safer storage and managing funds across platforms.”

For energy blockchain customers, the BitPay Wallet App helps an array of choices to purchase and retailer crypto, make on-line funds, purchase reward playing cards, and switch Bitcoin into {dollars} for spending all over the place Mastercard is accepted utilizing the BitPay debit card. The BitPay Wallet App is a safe, non-custodial open supply pockets app that brings collectively the most effective options and integrations of the BitPay fee expertise. Multi-factor safety leverages non-public key encryption, PINs, and biometric authentication for enhanced safety.

The BitPay Wallet app will be downloaded from the App Store (iOS) or Google Play Store (Android).

About Wyre

Wyre is a regulated fee establishment that connects fiat rails to blockchain ecosystems. Founded in 2013, Wyre has traded $5 billion in cryptocurrency property. Operating an intricate world fee infrastructure that features relationships with regulated counterparties, Wyre has procured not solely same-day settlements however deep liquidity at greatest pricing & execution. Wyre can be one of many few US-licensed cash transmitters within the crypto area and is proactively compliant with laws. Today, over 500 purposes unfold the world over belief Wyre with their world fiat to crypto operations. For extra data, please go to www.sendwyre.com.

About BitPay

Founded in 2011, BitPay pioneered blockchain fee processing with the mission of reworking how companies and folks ship, obtain, and retailer cash. Its enterprise options get rid of transaction fraud, scale back the price of fee processing, and allow borderless funds in cryptocurrency, amongst different providers. BitPay affords customers an entire digital asset administration resolution that features the BitPay Wallet and BitPay Prepaid Card, enabling them to show digital property into {dollars} for spending at tens of hundreds of companies. The firm has workplaces in North America, Europe, and South America and has raised greater than $70 million in funding from main funding corporations together with Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For extra data go to bitpay.com.

The BitPay Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International Incorporated. “Metropolitan Commercial Bank” and “Metropolitan” are registered emblems of Metropolitan Commercial Bank ©2014. Use of the Card is topic to the phrases and situations of the relevant Cardholder Agreement and charge schedule, if any.

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