Wirex could undergo card outage in EEA because of UAB PayrNet licensing situation

Debit playing cards supplied by way of crypto cost service Wirex could cease functioning within the European Financial Space (EEA), in accordance with a June 23 electronic mail the corporate despatched to a few of its clients. The specter of stoppage was triggered by Lithuania’s central financial institution revoking the license of UAB PayrNet, Wirex’s card supplier.

This information comes after Wirex’s competitor, Cryptopay, additionally introduced that its playing cards could cease working within the area because of the similar situation.

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