Crypto-based payment firm Wirex is partnering with Polygon to expand its suite of top-up and non-custodial wallet payments for customers in India.
Payments made via the Wirex Wallet will help accelerate crypto purchases in the Indian digital economy, making it ‘more accessible for over one billion people’.
With its recently launched NFT function, the Wirex Wallet allows for accessible management of up to 100 different cryptocurrencies. Indian customers now have the opportunity to take advantage of this product via their mobile devices.
“Having already gained a global reputation for innovation, we’ve released the Wirex Wallet to enable mainstream users to benefit from DeFi. “Extending the features and functionality for customers in India is the next step in this,” said Pavel Mateev, CEO and Founder of Wirex.
“As the largest crypto market in the world, it is important that we provide a best in class experience for users by offering the ultimate convenience, flexibility and security when using the app.”
Indian customers are enabled by the Wirex Wallet to purchase, sell and exchange cryptocurrencies such as Bitcoin, DOGE and Ethereum. This comes in addition with the Apple and Google Pay payment methods, which aims to provide a direct on-ramp payment process that looks to save time and increase efficiency.
In addition, Wirex has been working on expanding its blockchains, having recently added the Polygon blockchain to its portfolio. By combining Ethereum and sovereign blockchain technology, Polygon has proved to be popular amongst companies who require low fees yet fast transaction speed.
Antoni Martin, Enterprise Lead at Polygon, commented: “Wirex continues to add new features and functionality to its user-focused platform and its expansion of payment methods will add to its work in onboarding new users as seamlessly as possible.
“Polygon is delighted to be a part of these efforts, and we hope we can do our part for the increased adoption of cryptocurrencies around the world.”
The expansion into the Indian market follows Wirex’s efforts to deliver alternative payment methods for countries such as Malaysia, Indonesia and Portugal, whilst also looking to add the Solana blockchain in the coming weeks.