Wirex Pay
  • 👋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
  • Tokenomics
    • DAO
    • 👉Tokenomics
    • 🕑Locked/Vested Wallets
    • Node Operator Rewards
    • Difference Between WXT and WPAY
    • Relationship Between Wirex and Wirex Pay
  • Restaking
    • What is Restaking?
    • 🔐Dual Staking: A New Era of Security
    • Actively Validated Services (AVS)
  • Tech
    • Wirex Pay Chain
  • Use Cases
    • Individual Users
    • Non-Custodial Wallets
    • Payroll and Expense Management
    • Communities
    • Web3 Builders
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  1. Wirex Pay
  2. Wirex Pay Overview

How Wirex Pay Works

PreviousValue PropositionsNextIncubated by Wirex

Last updated 10 months ago

Wirex Pay simplifies the process of managing and spending digital assets through a streamlined setup and operational framework:

  1. Sign Up and Setup: Users register and set up their Spending Account Abstraction (AA), integrating it with their Externally Owned Account (EOA) wallet.

  2. Gain Full Control: With Wirex Pay, users enjoy self-custody of their funds, ensuring security and independence from third-party custody.

  3. Customize and Secure: Users can personalize spending limits and transaction preferences, authorizing transactions based on chosen limits and balances.

  4. Seamless Settlement Process: Wirex Pay manages the settlement process with Visa, Mastercard, and merchants, handling transaction complexities efficiently while users focus on spending.

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