Wirex Pay
  • πŸ‘‹What is Wirex Pay?
  • Wirex Pay
    • Vision and Inspiration
      • On-chain trend
      • Vision of Wirex Pay
      • Inspiration Behind Wirex Pay
    • Evolution of Crypto Debit Cards
      • 1st Generation: Reloadable Prepaid Cards
      • 2nd Generation: Wallet-Linked Debit Cards
      • 3rd Generation: Non-Custodial Cards
      • Comparison of Crypto Card Generations
    • ⭐Wirex Pay Overview
      • Innovative Infrastructure
      • Value Propositions
      • How Wirex Pay Works
      • Incubated by Wirex
    • Wirex Pay ZK Infrastructure
      • ZK Rollups
      • ZK Validium
      • Validium vs. Rollup
      • Wirex Pay and AggLayer Integration
      • Wirex Pay ZK Tech Benefits
    • Target Audience and Use Cases
  • Node Sale
    • What is a Node Sale?
    • πŸ”‘Key Information
    • Pricing Tiers and Limits
    • Node License
    • Wirex Pay Node Rewards
    • πŸͺ™How to Run a Wirex Pay Node Rewards
    • β˜€οΈWirex Pay Node Purchase Guide
    • Guide: Adding Node NFT to wallet
  • Tokenomics
    • DAO
    • πŸ‘‰Tokenomics
    • πŸ•‘Locked/Vested Wallets
    • Node Operator Rewards
    • Difference Between WXT and WPAY
    • Relationship Between Wirex and Wirex Pay
  • Restaking
    • What is Restaking?
    • πŸ”Dual Staking: A New Era of Security
    • Actively Validated Services (AVS)
  • Tech
    • Wirex Pay Chain
  • Guides
    • Getting Your First Wirex Pay Card
    • How to Manage Your Wirex Pay Card: A Complete Guide
    • Wirex Pay Serviced Countries
    • ↗️Wirex Pay Limits
    • Bridge Funds Between Ethereum and Wirex Pay
  • Use Cases
    • Individual Users
    • Non-Custodial Wallets
    • Payroll and Expense Management
    • Communities
    • Web3 Builders
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What is Wirex Pay?

NextVision and Inspiration

Last updated 9 months ago

Wirex Pay represents the future of digital payments, seamlessly integrating blockchain technology with traditional finance. Designed as a modular payment chain and incubated by Wirex, a global leader in the crypto debit card market, Wirex Pay leverages the power of Polygon ZK to offer unparalleled transaction efficiency and security. Supported by Visa, Wirex Pay aligns closely with Visa's vision for the future of payments, emphasizing collaboration in driving fintech innovation.

Partnering with Wirex to help integrate blockchain technology with traditional finance, including the launch of Wirex Pay, aligns closely with our vision for the future of payments while highlighting the importance of collaboration in driving fintech innovation"

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Innovation and Value Propositions

  1. Non-Custodial Card Infrastructure:

    • Enables any non-custodial wallet or dApp to issue cards, offering users control over their funds without reliance on third parties.

  2. Zero Knowledge (ZK) Technology:

    • Ensures enhanced privacy and scalability, allowing for seamless and gasless transactions across multiple EVM chains.

  3. Decentralized Autonomous Organization (DAO):

    • WPAY token holders participate in governance, ensuring the network evolves based on community input and needs.

  4. Dual Staking and Restaking:

    • Users can restake their ETH or Liquid Staking Tokens (LSTs) to provide security for additional services, maximizing the use of their staked assets and enhancing network security. Combining WPAY with ETH/BTC in dual staking enhances economic security, decentralizes the network, and mitigates risks associated with token volatility.

  5. Node Rewards:

    • Node operators receive 20% of the WPAY token supply and 40% of transactional revenue, promoting network decentralization and offering substantial earning potential.

Why Choose Wirex Pay?

Wirex Pay is more than just a payment network; it’s a revolution in how digital assets are used and managed. With a focus on decentralization, security, and user empowerment, Wirex Pay is positioned to lead the way in Web3 payment adoption. Whether you’re a casual user, a DeFi enthusiast, or a blockchain developer, Wirex Pay provides the tools and infrastructure to seamlessly integrate and benefit from the next generation of digital payments.

Join us in reshaping the future of finance. Discover more about Wirex Pay and explore the possibilities it offers for a decentralized and user-driven financial ecosystem.

πŸ‘‹
Cuy Sheffield, Head of Crypto at Visa
Vision and Inspiration
Evolution of Crypto Debit Cards
⭐Wirex Pay Overview
Wirex Pay ZK Infrastructure
Target Audience and Use Cases