Latest news with #NabilManji
Yahoo
3 days ago
- Business
- Yahoo
Exodus taps Worldpay to enable crypto purchase using cards
Self-custodial wallet provider Exodus has announced the launch of a new feature XOPay, in partnership with paytech company Worldpay. XOPay is a feature that permits consumers to buy cryptocurrencies within the self-custodial wallet using credit or debit cards. Worldpay will facilitate a native checkout experience for users. Set up in 2015 and based in Omaha, Exodus has offered a secure platform for individuals to store digital assets away from exchanges. The firm's user base, now at over five million, can use their preferred payment cards to purchase digital currencies directly within their Exodus wallet. This move aims to streamline the cryptocurrency acquisition process, enabling users to natively purchase and retain digital currencies within a single platform. Furthermore, Exodus will leverage Worldpay's flagship fraud detection system, FraudSight, to enhance security and transaction authorisation rates. At present, the card purchase functionality is accessible to Exodus customers in the US, with intentions to broaden the service to other regions in the forthcoming months. Worldpay fintech growth and financial partnerships head Nabil Manji said: 'Worldpay's card payments capabilities for crypto purchases have been making it easier for consumers to buy their favourite assets for more than a decade, and companies like Exodus are working to empower consumers to protect their assets through self-custody. 'Meanwhile, Exodus's customers will enjoy even easier ways to buy Bitcoin and other cryptocurrencies directly within their own wallets.' Exodus CEO JP Richardson stated: 'Our number one focus is on delivering the best customer experience in the market, which is why we wanted to work with Worldpay to bring this critical feature to our platform. 'We couldn't be happier to be the first self-custodial wallet to enable native card payments directly embedded in our platform by working with Worldpay.' Recently, Worldpay collaborated with BVNK to provide stablecoin payout services to Worldpay's global clientele. "Exodus taps Worldpay to enable crypto purchase using cards " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
FF News
3 days ago
- Business
- FF News
Worldpay and Exodus Team Up: Pioneering Native Card Payments for Self-Custodial Crypto Wallets
Worldpay ® has been a leader in making the purchase of digital currencies more accessible to consumers for more than 10 years and has now been selected by self-custodial wallet* provider, Exodus, to bring a native checkout experience to its users. As a result of this collaboration, Exodus is launching XOPay, a first of its kind solution which allows consumers to purchase cryptocurrencies directly within a self-custodial wallet using a credit or debit card. 'Part of making the world of cryptocurrencies and digital assets more accessible to people everywhere is also ensuring the process is simple, secure and as frictionless as possible, which is why we are excited about this work with Exodus,' said Nabil Manji, head of fintech growth and financial partnerships at Worldpay . 'Worldpay's card payments capabilities for crypto purchases have been making it easier for consumers to buy their favorite assets for more than a decade, and companies like Exodus are working to empower consumers to protect their assets through self-custody. Meanwhile, Exodus's customers will enjoy even easier ways to buy Bitcoin and other cryptocurrencies directly within their own wallets.' Omaha-based Exodus launched in 2015 to provide people with a highly secure way to hold their digital assets like cryptocurrencies offline from exchanges. Now, their more than 5 million users can use their preferred credit or debit card to purchase digital assets from directly within their wallet on the Exodus platform. This new capability greatly enhances and simplifies the buying experience by making it possible to natively buy and hold cryptocurrencies within a single wallet platform. 'Our number one focus is on delivering the best customer experience in the market, which is why we wanted to work with Worldpay to bring this critical feature to our platform,' said JP Richardson, CEO at Exodus. 'Worldpay's dedication to security and seamlessness aligns with our mission to make our platform safe, reliable and trusted by our customers. We couldn't be happier to be the first self-custodial wallet to enable native card payments directly embedded in our platform by working with Worldpay.' In addition to card-based payments, Exodus will be tapping into Worldpay's flagship fraud detection and prevention solution, FraudSight ™, which can reduce fraud while enhancing authorization rates. Credit and debit card purchases are available to Exodus customers in the U.S. with plans to expand to further geographies in the coming months. *Self-custodial wallet: A self- or non-custodial wallet is a cryptocurrency wallet where the owner of those assets has full control over private keys granting full access to them without an intermediary. This model contrasts with custodial wallets where a third party, like an exchange, holds the keys to owned assets. Companies In This Post Worldpay Exodus
Finextra
4 days ago
- Business
- Finextra
Worldpay partners Exodus for card payments in self-custodial wallets
Worldpay has been a leader in making the purchase of digital currencies more accessible to consumers for more than 10 years and has now been selected by self-custodial wallet* provider, Exodus, to bring a native checkout experience to its users. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. As a result of this collaboration, Exodus is launching XOPay, a first of its kind solution which allows consumers to purchase cryptocurrencies directly within a self-custodial wallet using a credit or debit card. 'Part of making the world of cryptocurrencies and digital assets more accessible to people everywhere is also ensuring the process is simple, secure and as frictionless as possible, which is why we are excited about this work with Exodus,' said Nabil Manji, head of fintech growth and financial partnerships at Worldpay. 'Worldpay's card payments capabilities for crypto purchases have been making it easier for consumers to buy their favorite assets for more than a decade, and companies like Exodus are working to empower consumers to protect their assets through self-custody. Meanwhile, Exodus's customers will enjoy even easier ways to buy Bitcoin and other cryptocurrencies directly within their own wallets.' Omaha-based Exodus launched in 2015 to provide people with a highly secure way to hold their digital assets like cryptocurrencies offline from exchanges. Now, their more than 5 million users can use their preferred credit or debit card to purchase digital assets from directly within their wallet on the Exodus platform. This new capability greatly enhances and simplifies the buying experience by making it possible to natively buy and hold cryptocurrencies within a single wallet platform. 'Our number one focus is on delivering the best customer experience in the market, which is why we wanted to work with Worldpay to bring this critical feature to our platform,' said JP Richardson, CEO at Exodus. 'Worldpay's dedication to security and seamlessness aligns with our mission to make our platform safe, reliable and trusted by our customers. We couldn't be happier to be the first self-custodial wallet to enable native card payments directly embedded in our platform by working with Worldpay.' In addition to card-based payments, Exodus will be tapping into Worldpay's flagship fraud detection and prevention solution, FraudSight™, which can reduce fraud while enhancing authorization rates. Credit and debit card purchases are available to Exodus customers in the U.S. with plans to expand to further geographies in the coming months. *Self-custodial wallet: A self- or non-custodial wallet is a cryptocurrency wallet where the owner of those assets has full control over private keys granting full access to them without an intermediary. This model contrasts with custodial wallets where a third party, like an exchange, holds the keys to owned assets.
Yahoo
08-04-2025
- Business
- Yahoo
Binance partners Worldpay to integrate two digital wallets for crypto purchases
Binance, cryptocurrency exchange, has announced the integration of two digital wallets, Apple Pay and Google Pay, into its fiat onramp ecosystem, in partnership with Worldpay. This move allows users to purchase cryptocurrencies using credit or debit cards linked to these digital wallets, enhancing the convenience of Binance's fiat-to-crypto transactions. Last year, Binance expanded its payment methods to include over 1,000 options and supported 125+ fiat currencies. The exchange also increased its geographical reach, launching services in over 20 new countries and integrating mobile money systems in nine countries in West and Central Africa. These efforts have led to a retention rate of over 60% among active Fiat & P2P users in 2024, indicating a positive user experience. The addition of Apple Pay and Google Pay is seen as a commitment to user convenience and reflects the growing preference for digital wallets globally, Binance stated. Worldpay head of FinTech Growth Nabil Manji believes the integration enables users to explore crypto with the same ease and confidence as trusted e-commerce experiences. Binance's VP of Fiat Thomas Gregory stated that partnering with Worldpay, a provider of digital payments, was a natural progression. The collaboration aims to provide users with a broader choice and smoother access to cryptocurrencies through familiar mobile-first platforms. Binance stated that its initiative is particularly impactful in regions with high mobile penetration but limited credit card usage. By supporting these digital wallets, Binance intends to make it easier for new users to enter the digital asset space. The company believes that financial freedom begins with access, and each new integration is a step towards its mission of onboarding the next billion users into Web3. The integration of Apple Pay and Google Pay through Worldpay is part of Binance's broader movement to democratise participation in the cryptocurrency market, making digital finance as accessible and intuitive as everyday transactions. Earlier this year, Reuters reported that French authorities initiated a judicial investigation into cryptocurrency exchange Binance over allegations of money laundering and tax fraud. "Binance partners Worldpay to integrate two digital wallets for crypto purchases " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
