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Wirex has Announced to Start W-pay Crypto Debit Card Service

Wirex has Announced to Start W-pay Crypto Debit Card Service

W-pay Crypto debit card service will be started by Wirex

Wirex has announced on 3 October to start a W-Pay named Zero-Knowledge Proof (ZK-proof) based non-custodial Crypto debit card service. New decentralised solution of Wirex uses Zero-Knowledge techniques and is built on Polygon’s Chain Development Kit (CDK), promising increased scalability and security. Without revealing claim details ZK-proof technology allows it to conduct secure transactions. By reducing transaction hassles W-pay provides fast transactions, secure transactions EVM compatibility and account abstraction. W-pay also covers third party risks along with this. Since 2015 Wirex, known for crypto payment cards, aims to take on-chain card payment services even further with W-pay. 

By: Sudeep Saxena
06-Oct-2023

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