Crypto debit card provider Wirex migrates from Wirecard to Railsbank in the APAC region

Crypto debit card provider Wirex has migrated away from disgraced German payment processor Wirecard to new partner Railsbank in the Asia-Pacific (APAC) region.

Louisa Murray, head of sales at Railsbank, said the migration took less than 45 days to complete and now "many companies" are looking to shift to the bank's technology platform. Railsbank is reportedly buying Wirecard's U.K. subsidiary.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and