It is with a sense of gleeful anticipation that we announce the latest caper from the chaps at Wirex, a veritable full-stack crypto card issuer and purveyor of Banking-as-a-Service (BaaS). They’ve just unveiled their latest wizardry: the Stablecoin Push-to-Card feature, powered by none other than Visa Direct. Oh, the excitement!
Wirex has decided that bringing stablecoin utility to the last mile is where the real magic happens-like a stage magician making a rabbit appear from an empty hat, only this time it’s money appearing in your card! With the Wirex BaaS APIs, partners can now sprinkle Stablecoin Push-to-Card pixie dust and deliver stablecoin-funded payouts directly to recipients’ eligible cards all around the globe. It’s like Christmas morning, but without the awkward family gatherings!
For those platforms out there, this means you can finally put down that heavy lifting routine. No more assembling a hodgepodge of payout infrastructures across various jurisdictions. Instead of a patchwork quilt of integrations and country-specific exceptions, you can now rely on Wirex BaaS to support a card-first payout endpoint that scales internationally. It’s as if someone finally handed you the secret map to El Dorado!
“Stablecoins are marvellous for moving value globally,” said Pavel Matveev, Co-founder of Wirex, “but it’s the last mile where payout experiences tend to trip over their own shoelaces – think usability, coverage, and operational complexity.”
“Stablecoin Push-to-Card powered by Visa Direct brilliantly closes that gap by transforming stablecoin balances into card payouts faster than you can say ‘abracadabra!’ Delivered through Wirex BaaS, it provides partners with a nifty embedded capability they can easily integrate via API to support real-time disbursements to eligible cards worldwide. It’s all about that consistency and control required for production-grade payout flows, dear reader!”
Key benefits
- Stablecoin-to-card payouts: Delivering stablecoin-funded disbursements to recipients’ eligible cards-like magic!
- Embedded via Wirex BaaS APIs: Integrate push-to-card into partner products without rebuilding payout railways across countries. Why build a railroad when you can take the express train?
- Global scale: Coverage stretching to a staggering 3B+ cards across 200+ countries and territories. It’s nearly like having friends in every corner of the world!
- Fast delivery: Funds available in under 30 seconds-you’ll have time for a quick cup of tea while waiting.
- Always-on operations: 24/7/365, including weekends and the holiday season. Because who wouldn’t want to work during the holidays?
- Simplified recipient experience: Initiate payouts using card details instead of IBAN/SWIFT/routing information-no need to consult your accountant!
- Competitive FX rates: Transparent pricing with minimal FX margins compared to traditional wire transfers, because we all love a good bargain!
Built for everyday business payouts
This shiny new feature is particularly pertinent for businesses with dispersed teams and international vendor networks, where timing can be as crucial as getting your order of crumpets just right-impacting retention, supplier relationships, and customer trust.
Moreover, it broadens the payout toolkit available through Wirex’s Banking-as-a-Service offering, granting partners a straightforward way to embed modern disbursements without having to rebuild infrastructure country by country. What a splendid idea!
The feature supports common payout scenarios, including:
• Contractor payments – pay freelancers and remote teams worldwide instantly. Talk about instant gratification!
• Employee reimbursements – deliver expense reimbursements without delays. Your employees will sing your praises!
• Supplier settlements – accelerate vendor payments and improve cash flow. Everyone loves a swift payment!
How it Works
Enabling Stablecoin Push-to-Card through Wirex’s BaaS is as simple as pie, or perhaps even easier than pie, depending on how good you are at baking:
- Enter the recipient’s card number (16 digits)-don’t forget to double-check, my dear!
- Select the amount and currency-it’s like choosing your favourite ice cream flavor.
- Funds arrive instantly-money is available on the recipient’s card within seconds. Voila!
Stablecoin Push-to-Card powered by Visa Direct is now up and running through Wirex BaaS, enabling partners to embed card-based disbursements into their products. For the nitty-gritty details on availability and how to get started, do visit the Wirex Business and Wirex BaaS websites. It’s bound to be a jolly good time!
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2026-02-18 18:21