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COCA and Wirex Reinvent Digital Finance with Innovative MPC Wallet and Debit Card
(Originally posted on : Crypto News – iGaming.org )
In an innovative cooperation, COCA and Wirex, a top Web3 money app, have unveiled the first Multi-Party Computation (MPC) wallet in the world, paired with a non-custodial debit card. By combining the everyday usefulness of financial tools with the security of MPC technology, this innovative offering represents a significant advancement.
The introduction of the COCA non-custodial debit card, which makes use of Wirex’s card infrastructure, marks a significant turning point for the digital financial industry. This ground-breaking product seeks to revolutionize the financial industry’s user experience by obviating the need for a transition between traditional and cryptocurrency payments.
Features and Benefits
The collaboration between COCA and Wirex introduces a host of exciting features designed to enhance user convenience:
- Global Crypto Spending Made Easy: Users can effortlessly spend cryptocurrency at over 40 million merchants worldwide, eliminating the need for preloading.
- Dual Card Options: Recognizing diverse user needs, COCA provides both virtual and physical card formats, ensuring a tailored fit into various lifestyles.
- Zero Fee Policy: COCA guarantees a fee-free experience, doing away with monthly and foreign exchange charges, promoting financial freedom.
- Fee-free ATM Withdrawals: Users can globally withdraw up to $200 without incurring any fees, facilitating hassle-free international transactions.
- Integrated IBAN (Coming Soon): Future integration will enable users to conduct Euro transactions and access banking services, further blurring the lines between digital and traditional banking.
The CEO and co-founder of Wirex, Pavel Matveev, was enthusiastic about the partnership’s forward-thinking strategy. “Wirex has consistently dedicated itself to leading the way in on-chain interactions. Working with COCA to launch this cutting-edge non-custodial card technology is a step in the right direction for our goal. This cooperation, which combines the finest aspects of traditional and digital techniques, is a significant step toward altering the way we think about finance.”
The MPC wallet and non-custodial debit card stand out as innovative solutions that combine security, usability, and a forward-looking outlook for financial transactions, as COCA and Wirex transform the digital banking industry.
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