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ShapeShift and Wirex integrate to enable debit card funding with Altcoins

ShapeShift.io, a cryptocurrency exchange platform, has announced API integration with a leading provider of debit cards for digital currency - Wirex, enabling Wirex users to instantly fund their debit cards with Ethereum, Monero, Litecoin and other dozens of leading digital currencies.

According to the official release, Wirex has been offering a suite of personal banking solutions for bitcoin users. Apart from debit cards, the integration will also provide Wirex users with additional payment processing solutions including an account which will enable customers to pay with both digital currencies as well as traditional currencies.

“Wirex renders banks wholly unnecessary. With cryptocurrency and an easy mobile app, one can avoid banks and still pay for things anywhere. We are thrilled to have their services integrated with our API to expand their customer’s funding options,” Erik Voorhees, CEO and founder of ShapeShift said.

Users can download the Wirex App and they receive a free virtual card which can be instantly loaded with Bitcoin or any ShapeShift-supported asset including Ethereum. Wirex initially released bitcoin debit card in early July, to enable day-to-day purchases of all groceries and even withdraw funds from an ATM.

“Bitcoin enjoys first-mover advantage and dominates the crypto market. However, as the ecosystem matures, there is also a growing community of users with other digital assets. One of the most popular customer requests was to make a multi-asset-friendly debit card and with ShapeShift integration we have finally made this possible,” Pavel Matveev, co-founder of Wirex said.

Wirex services are being supported in more than 130 countries and cards in three local currencies including USD, EUR, and GBP. Wirex is a hybrid personal banking solution that integrates the benefits of blockchain technology into everyday finances. The company offers a secure, all-in-one account that enables users to take advantage of both cryptocurrencies and traditional currencies, minus the limitations imposed by financial institutions.

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