Wirex, a leader in digital payment solutions, proudly announces W-Pay, a cutting-edge Zero-Knowledge (ZK)-powered App Chain poised to transform the landscape of global payments.
Designed to seamlessly connect decentralised applications, non-custodial wallets, and traditional payment infrastructures, W-Pay heralds a new era of efficiency and security in financial transactions.
W-Pay introduces a groundbreaking capability, empowering decentralised applications (dApps) and non-custodial wallets to issue non-custodial crypto debit cards. By eliminating third-party risks, this innovative solution ensures that account owners maintain exclusive control over their funds.
Wirex facilitates card transactions up to a predefined limit, facilitating the integration of dApps and non-custodial wallets with traditional payment rails while preserving fund access—a crucial advancement for the burgeoning Web3 industry.
Pavel Matveev, CEO and Co-Founder of Wirex, commented, “W-Pay embodies innovation, facilitating the seamless integration of decentralised applications into established payment and banking infrastructures. Our commitment is to provide a reliable user experience characterised by enhanced security, where users always retain absolute control over their assets.”
Key Features of W-Pay: