The problem

Exchanging cryptocurrencies such as Bitcoin and Ethereum has been a difficult and time-consuming process. In some cases, it can take days, during which the value of a transaction could have severely fluctuated, potentially robbing consumers of their crypto gains.

Traditional banking infrastructure was not designed to manage the conversion of cryptocurrencies so Wirex approached Contis for a solution.

The solution

Using Contis systems and technology through the Wirex app, Bitcoin is transferred from a digital wallet to fiat using simple foreign exchange. The fiat is then held in either GBP/EUR/USD in Contis’ White Label banking product, Canvas™.

Canvas™ is a full current account that allows its customers to spend money converted from cryptocurrencies (such as Bitcoin) on everyday purchases. The whole process takes a matter of minutes and the end-consumer receives a notification, informing them that their fiat is readily available for spending.

Testimonials

The cryptocurrency market is rapidly disrupting traditional financial systems and it’s no surprise that the power of our platform is further accelerating this. We’re delighted to partner with Wirex in a move that has the potential to reshape the payments ecosystem.

Flavia Alzetta

Contis CEO

Our decision to partner with Contis was based on our absolute confidence in them being the best at what they do. Their technology and easy-to-use platform means our customers will benefit from a reliable and hassle-free, state-of-the-art solution, that others are years-away from delivering.

Pavel Matveev

Wirex CEO

Customer testimonials

Great Bitcoin wallet with Visa card. Easy to spend your bitcoin ASAP. Cheers, you can buy a beer with Wirex and Bitcoin, I did just now.

 

Great app and it’s so easy to use. Does exactly what I need, gives me my balance straight away and allows me to top up my card balance within seconds!

 

A very efficient and powerful app (and also very easy to navigate) for managing / spending your cryptocoins directly from the wallet!

 

I’ve used many crypto related cards. But I have to admit that Wirex is the best. Easy to use. Clean app. Straightforward and on top of that I can buy crypto using my bank cards. Wonderful. Keep it up.

A brilliant app which brings all the features of the Wirex online platform to your phone or tablet. Easy to use and intuitive. These guys are miles ahead of the crowd when it comes to integrating Bitcoin with existing payment systems – thank you!

Get started today...

To learn more about what Contis can do for you, contact us.

News

Contis obtains Lithuanian e-money licence

Second European licence builds upon Contis’ longstanding footprint in the region and enables Contis to leverage its comprehensive SEPA offering throughout Europe   LONDON, 24th July 2019 – Contis, the leading “Banking as a Service” provider and backbone behind...

read more

© Copyright Contis Group Ltd 2018. Registered in England and Wales number 06499022. Contis Financial Services Ltd is authorised by the Financial Conduct Authority to issue eMoney (Firm Reference Number: 900025) and is a Principal Member of Visa Europe.ber: 900025) and is a Principal Member of Visa Europe.

We are proud to have won some of the most prestigious awards in our industry.