Wirex Pay Unveils Wirex Pay
Wirex has recently launched a new feature called Wirex Pay. This feature is designed specifically for payments and comes at a time when trust in centralized platforms is declining and the use of self-custody wallets is on the rise.
On October 9, selected users were given early access to the Wirex Pay app, allowing them to make everyday payments using their non-custodial wallets and cryptocurrencies.
Pavel Matveev, the co-founder of Wirex Pay, spoke to Cointelegraph about the lack of trust in the crypto industry, citing recent events such as the collapse of FTX and Celsius.
In response to this trend, Wirex Pay gives users complete control over their funds through security features like private keys and multisignature methods.
Matveev explained that users can give temporary permission to Wirex Pay to debit their account up to a certain limit.