Mixpay provides Wirecard users with card replacement support

Singapore-based financial technology group MIX Fintech announced today that in order to reduce the impact of the Wirecard incident on the financial market, it will provide free card replacement services to major Wirecard customers through its global cross-border integration payment company Mixpay. Wirecard’s subsidiary Wirecard Card Solutions is the main card issuer of Crypto.com, TenX, etc. At the same time, Wirecard provides payment processing services for instant purchase functions in the European market for trading platforms such as BitFlyer. In this incident, Mixpay users have not suffered any losses. However, Mixpay will provide a new service. Any cardholder who is blocked from using Wirecard related services can contact the official through Mixpay.org or directly apply in Mixapp to replace the new global payment card for free. Lianwen previously reported that Wirecard disclosed that 1.9 billion euros of debt in its balance sheet could not be redeemed. Wirecard has applied to the Munich court to initiate bankruptcy proceedings.