Wirex and Polygon introduce Crypto Wallet Payments for Indian customers

Wirex and Ethereum-based blockchain scaling service provider Polygon have now jointly revealed a new payment method in India.

With this, Wirex is expanding its suite of top-up methods on its non-custodial wallet for Indian customers.

A non-custodial wallet allows users to own their private keys, unlike a custodial wallet, where the service provider owns the keys of the users and holds the assets in custody.

Pavel Matveev, CEO and Co-Founder of Wirex said, "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. As the largest crypto market in the world, it's important that we provide the best-in-class experience for users by offering the ultimate convenience, flexibility, and security when using the app."

Antoni Martin, Enterprise Lead at Polygon, said, "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 Wirex wallet is available across the globe and was created to make the benefits of Decentralized Finance (DeFi) available for everyday users.

It also allows users to manage around 100 different cryptocurrencies and NFTs from their smartphones. With the help of this, Wirex customers in India can easily purchase crypto, such as BTC, MATIC, and DOGE, by adding another payment method using bank transfer and mobile payment. This even comes in addition to debit/credit and Google/Apple Pay options already available.

With a direct on-ramp in place, it will save users a large amount of data, gas fees, and effort without the need to exchange on other platforms.