Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Wirex Limited Launches Wirex; Rebrands E-Coin

E-Coin Is Rebranding as Wirex. EconoTimes/Wirex

London, February 25 2016 - Wirex Limited announced the launch of Wirex, the world’s first hybrid personal banking solution that combines the benefits of blockchain technology into everyday finances. The rebranding will also see the integration of E-Coin, the successful bitcoin debit card provider under the same company, into the new Wirex.

Wirex is the first financial service of its kind to provide bankless banking services, designed to close the gap between digital currencies and traditional currencies for everyday financial transactions.

Wirex will offer 3 main services: convenient mobile banking via Wirex app, instant remittance services, and upgraded 2-way debit cards which allows on-demand conversion between bitcoin and traditional currencies. The services will be available to customers in more than 130 countries.

Through the Wirex platform, users will no longer need to make cross-border fee payments for money transfers, nor go through the inconvenience of visiting physical locations. Wirex debit cards are borderless and is accepted in millions of shops and ATMs around the world.

The success of E-Coin, which grew into more than 100,000 users within one year proved the huge demand of financial services utilising the blockchain technology. This prompted Wirex Limited to expand its products beyond bitcoin debit cards, in a way that is both accessible and user-friendly to the general public.

“Due to our expertise in the field, our team was able to offer additional services to both Bitcoin and non-Bitcoin community, so we decided to rebrand E-Coin into Wirex,” said Dmitry Lazarichev, co-founder of Wirex. “Wirex is much more than a bitcoin card. We felt the name reflects what we want it to be.”

Under Wirex, the bitcoin debit card will no longer a standalone service, but rather part of a comprehensive personal banking system for those seeking fast, convenient and secure financial transactions without the limitations of traditional financial institutions.

E-Coin users can continue to spend bitcoins using virtual and physical debit cards without problems. Once completely integrated into Wirex, E-Coin users will be able to enjoy and use all additional services from Wirex, such as using Wirex app and the ability to buy and sell bitcoins.

“There will be no changes to E-Coin users - all bitcoin debit card services will continue as normal and will not be affected during the integration process,” said Dmitry Lazarichev. “We will continually update our users via email, and our customer service support will be happy to answer any questions.”

Wirex will be available in March 2016. For earlier access, updates, and promotions, you can sign up in the waiting list.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 26 21:00 UTC Released

KRBOK Manufacturing BSI

Actual

76 Bln BRL

Forecast

Previous

72 Bln BRL

June 26 19:00 UTC Released

ARTrade Balance

Actual

1373 %

Forecast

850 %

Previous

1131 %

January 31 00:00 UTC 737175737175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 737175737175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 748995748995m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 737175737175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 748995748995m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 737175737175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 737175737175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 737175737175m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.