Wirex Business FAQ

This FAQ covers the most basic and frequently asked questions about using Wirex Business, offering clear and concise answers to help you get started and make the most of the service.

1. Can I receive and pay with stablecoins?

Yes, Wirex Business enables you to receive, exchange, and pay with stablecoins in a non-custodial manner, eliminating counterparty risks.

2. Does Wirex Business offer corporate bank accounts?

Yes, Wirex Business provides EUR and USD accounts. Payments received are instantly converted into stablecoins for seamless transactions, including card and bank transfers.

3. Does Wirex Pay provide corporate cards?

Yes, Wirex Business offers both virtual and physical corporate cards suitable for business expenses such as travel or services like AWS.

4. Who holds the company funds?

With Wirex Business non-custodial management, your business retains full control over its funds.

5. Can Wirex Business help the iGaming sector?

Yes. Wirex Pay enables iGaming platforms to adopt innovative payment methods using stablecoins, which can minimize volatility risks and simplify cross-border transactions. The result is a faster, more secure payment experience for both the platform and its users.

6. What advantages does Wirex Business offer to Financial Institutions?

Financial Institutions can seamlessly introduce stablecoin-based products using Wirex Pay’s ready-to-use infrastructure. This allows banks and other institutions to provide cutting-edge digital asset services without investing heavily in custom blockchain development.

7. How can Payment Providers benefit from Wirex Business?

Wirex Business accelerates global settlements by leveraging stablecoins. Payment Providers can reduce costs, speed up transaction times, and tap into a growing customer base looking for fast, borderless payments—all while maintaining top-tier compliance and dedicated support.

8. How does Wirex Pay support CFD and Forex platforms?

Wirex Pay expands global reach by adding stablecoins as a payment method, increasing deposit options and enhancing customer conversion rates. This provides more efficient onboarding and settlement processes, especially for international clients trading multiple currencies.

9. Why is Wirex Pay ideal for Global Payroll solutions?

Global Payroll providers can use Wirex Business to empower contractors and employees with faster payouts and greater flexibility. Since stablecoins maintain consistent value, they offer a stable, efficient way to disburse payments worldwide, reducing traditional banking delays and fees.

10. How do Web3 Companies benefit from Wirex Pay?

Web3 Companies can easily manage both fiat and crypto payments, sending, receiving, and reconciling funds with Wirex Pay’s integrated and transparent infrastructure. This eliminates the need for multiple intermediaries, reducing complexity and costs for on-chain transactions.

For more information, please visit the Wirex Business page or reach out to our support team using the web chat.