Worldpay is seeking to make buying cryptocurrencies easier by partnering with Exodus to purchase digital currencies directly from a self-custodial wallet using a credit or debit card.
In a bid to make purchasing cryptocurrencies, such as Bitcoin and ETH, frictionless, Exodus announced on May 29 that it has co-launched XOPay, in what has been dubbed as a “first of its kind solution”.
One of the key challenges XOPay seeks to address is the ability for Worldpay users to hold, buy, and sell cryptocurrencies all within a single platform or wallet. Backed by Worldpay’s payment processing capabilities, as well as Exodus’ offline functionality, users will be able to buy and hold their preferred digital currency within a single XOPay wallet.
Credit and debit card purchases are initially available to Exodus customers in the US with plans to expand to further markets in the coming months.
Nabil Manji, Head of Fintech Growth and Financial Partnerships at Worldpay, said: “Part of making the world of cryptocurrencies and digital assets more accessible to people everywhere is also ensuring the process is simple, secure and as frictionless as possible.
“Worldpay’s card payments capabilities for crypto purchases have been making it easier for consumers to buy their favorite assets for more than a decade, and companies like Exodus are working to empower consumers to protect their assets through self-custody.
A focus on crypto security
Furthermore, Exodus states it will be utilising Worldpay’s FraudSight detection and prevention capabilities to reduce fraud and enhance authorisation rates. The fraud prevention service is designed for merchants who do not operate in-house fraud prevention teams, or who do, but also to leverage Worldpay’s capabilities.
The integration of FraudSight for XOPay may come timely as there have been some high-profile crypto wallet hacks already this year, a common fear associated with crypto.
In February 2025, crypto exchange Bybit was the subject of the record largest crypto hack, resulting in $1.4bn worth of crypto stolen. The attackers, Lazarus Group, were able to steal funds from cold self-custodial wallets, mostly consisting of stablecoins.
Speaking on the Worldpay partnership of XOPay, Exodus CEO JP Richardson outlined “Worldpay’s security and seamlessly aligns with our mission to make our platform safe”.
He said: “Our number one focus is on delivering the best customer experience in the market, which is why we wanted to work with Worldpay to bring this critical feature to our platform.
“Worldpay’s dedication to security and seamlessness aligns with our mission to make our platform safe, reliable and trusted by our customers. We couldn’t be happier to be the first self-custodial wallet to enable native card payments directly embedded in our platform by working with Worldpay.”
