Platform online banking Wirex announced the launch of the first in the world program of returning cash in bitcoins — Cryptoback. About this magazine ForkLog said the representatives of the company.

Participation in the program is free, for compensation to the company’s customers need to pay for services and products-contact Wirex map in offline stores.

“Remuneration for payments is 0.5% of the amount spent in bitcoin at the exchange rate at the time of the transaction. The Commission for each transaction regardless of amount is $0.28 for a dollar cards for cards denominated in euros or pounds — no Commission”, — said the co-founder and CEO of Wirex kleptomanka Pavel Matveev.

Detailed information about the amount of compensation will be displayed in a separate tab of the client application. To replenish the bitcoin wallet in the system Wirex, the client must be in manual mode to transfer the funds from the ‘Reward’ on the wallet.

“Our goal is to make bitcoin accessible to people. Clear and convenient traditional banking mechanisms in the form of a plastic card and cashback to do this for you. And receive cashback in bitcoin will allow unfamiliar with cryptocurrency people to create a cryptocurrency portfolio with zero risk for themselves”, — said Pavel Matveev.

Service Cryptoback will be available to clients of kleptomanka 14 may.

Earlier in may, representatives of Wirex announced that UK residents received a contactless plastic cards Wirex.

By the end of the month the geography will be expanded to EU countries. Crypto contactless debit cards for the residents of South-East Asia and Japan will be available in the second quarter of 2018.

Source