Mobile Wallets — Maximum Security and Mobile Banking

A mobile wallet allows consumers to carry all their credit and debit card information in a digital format, typically on their smartphone, and allows them to pay digitally using their device at terminals that accept mobile payments.
The convenience of making mobile payments is facilitated through the mobile wallet app on your smartphone. Your virtual credit card through the Wirex wallet app provides you with instant access to mobile payment at terminals that accept popular payment methods like Apple Pay and Android Pay.
Mobile wallet security
In addition to security measures that are embedded into the mobile wallet app, Wirex has partnered with BitGo, the most trusted name in Bitcoin security. In addition to Wirex wallet offering state of the art Bitcoin security through BitGo, each account also employs multi-signature technology and SSL encryption.
On the individual user level, the mobile wallet security comes in the form of mandatory PIN input, as well as optional two-factor authentication. For mobile money transfers, a time-sensitive email must be confirmed. Regardless of the transaction, the user controls authentication, ensuring that no funds are ever dispersed without the account holder’s authorization.
Additional security features are embedded when transacting with a cryptocurrency like Bitcoin, which relies on blockchain authentication – the very feature that makes Bitcoin the leading currency of the disruptive, new world commerce.
On Par or Better Than Mobile Banking Security
In many ways, your Wirex wallet is a lot like a mobile banking app. With the ability to transfer funds to individuals and convert currencies quickly and with ease, Wirex ensures your money is always safe with its state of the art authentication through BitGo. Wirex security in on par with mobile banking security standards.
A Mobile Banking App or Mobile Wallet?
Your Wirex account encompasses both – a mobile banking app that lets you transact online and offline in the manner that you would in the offline world with your traditional banking cards, and a mobile wallet that provides you with all of the cash and payments flexibility you would ever need…all in a single spot.
With Wirex, you can transact, send remittances and money transfers all from the mobile app, and you can also transact the way you would in the offline world with a payment card denominated in up to three global currencies (USD, EUR, GBP) as well as Bitcoin and a growing list of Altcoin options.
Dig deeper: Bitcoin Wallet information
Your Wirex account with mobile wallet is available at no cost on iOS and Android or desktop.

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