THELOGICALINDIAN - Bitcoin debit cards accompany added account and functionality to those attractive to absorb agenda bill at millions of locations about the apple Ecoin one of the arch Bitcoin debit agenda providers has rebranded to Wirex giving the aggregation a added able address to angle out amid a sea of competitors
Also read: Check Out Bitcoin’s Silicon Valley Billboard!
Wirex: Drive Your Money
The primary ambition of companies such as Wirex – aforetime accepted as E-Coin – is to actualize amalgam banking solutions amid acceptable accounts and agenda currencies. Although a lot of bodies don’t see Bitcoin debit cards as a final band-aid to accomplish spending bitcoin added accessible, there has been a growing appeal for this blazon of service.
Rebranding the aggregation to Wirex will accept a above appulse on the end user, and it will strengthen the company’s angel as a able account alms personal cyberbanking solutions to bodies all over the world. Combining the allowances of broadcast balance technology with acceptable accounts creates a amalgam band-aid agenda bill enthusiasts can thoroughly enjoy.
Many bodies accept accustomed Bitcoin and distributed balance technology as the absolute band-aid to accompany banking casework to underbanked regions of the world. Wirex is one of the account providers in this field, as they aim to abutting the gap amid acceptable and agenda currencies for accustomed consumers and purposes. The aggregation stated:
One of the appearance E-Coin users accept been allurement for for absolutely some time was a adaptable application. Now that the aggregation has rebranded to Wirex, the barrage of their mobile application is one of the aboriginal milestones to reach. Adaptable cyberbanking through the Wirex app will become one of the possibilities while absorption on Bitcoin rather than acceptable currencies.
Moreover, two-way debit cards will be advancing to Wirex users as well. Instead of application a Bitcoin debit agenda to armamentarium with agenda bill and absorb as authorization currency, the new cards will abutment allotment through authorization bill and absorb the antithesis as Bitcoin as well. This on-demand blazon of bill about-face could absolutely boost the agenda bill ecosystem.
Last but not least, Wirex wants to annihilate cross-border fee payments for money transfers, as able-bodied as the aggravation associated with visiting brick-and-mortar locations to accomplish these payments. Wirex debit cards transcend country borders and can be acclimated in millions of shops and coffer ATMs about the world.
Why the Rebrand Was Needed
All of the aloft sounds acceptable on paper, but some bodies ability be analytic why this rebranding was needed. E-coin has apparent its fair allotment of success, by application over 100,000 barter in added than 130 countries about the world. What is alike added absorbing is how the Bitcoin startup accomplished all of this aural the aboriginal year of operation.
Wirex Limited Co-Founder Dmitry Lazarichev explained:
Rather than alms the Bitcoin debit agenda as a stand-alone service, Wirex can now action a absolute claimed cyberbanking arrangement for barter all over the world. By absorption on convenience, speed, and security, the aggregation is ramping up the antagonism and demography aim at legacy financial institutions.
What are your thoughts on the alteration from E-Coin into Wirex? Are you aflame about these new features? Let us apperceive in the comments below!
Source: Press Release via Email
Images address of Wirex, Shutterstock
