Singapore-based financial technology group MIX Fintech announced on June 30 that in order to reduce the impact of the Wirecard incident on the financial market, it will let its global cross-border integrated payment company Mixpay provide customers with free card replacement services.
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 did not suffer any losses.
However, Mixpay will provide a new service that any cardholder who is blocked from using Wirecard-related services can apply for a new global payment card for free through Mixpay.org or MixApp.