Worldpay partners Exodus for card payments in self-custodial wallets
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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Mail
27 minutes ago
- Daily Mail
As a bombshell new book raises safety questions, have Elon Musk's dreams of a world full of driverless Teslas already run off the road?
Elon Musk was in typically combative mood when he declared on his own social media platform, X: 'There is a large graveyard filled with my enemies. I do not wish to add to it, but will if given no choice. Those who challenge me do so at their own peril.' That was in 2023, when Musk could still just about make such statements without triggering an avalanche of contempt. But we are now in 2025 and it's increasingly clear that Musk is going to need a bigger graveyard. The list of his enemies is growing exponentially. Since making that statement, the workaholic Musk has entered into, and fallen spectacularly out of, a political alliance with Donald Trump. This has made him persona non grata for large chunks of the global population, Left and Right, not to mention the man in the White House. Today, millions revel in his misfortune. And the bad news keeps flowing. This month, his artificial intelligence system, Grok, went rogue and started praising Hitler, just weeks after yet another of his spaceships blew up. Reports about his drug use and erratic behaviour proliferate. And various mothers of what he has called his 'legion' of children seem eager to condemn him. Worse, perhaps, his most precious business baby, Tesla, is experiencing deep problems. At the start of this month, the car company, once widely hailed the greatest force for an eco-friendly and sustainable future, reported a sharp plunge in its second quarter sales. Tesla stock has dropped by about 25 per cent this year, partly as result of Trump's international tariff agenda. Sales of the company's new flagship product, its Cybertruck, have tanked. And even Musk's own brother, Kimbal, has sold some $31million of Tesla shares. To make matters more dire, last week a sensational new book containing a multitude of shocking allegations against both Tesla and Musk was published. In The Tesla Files, Sonke Iwersen and Michael Verfurden, two reporters in Germany, have pulled together countless whistleblower testimonies, leaked internal company documents, as well as allegations of corporate malfeasance and terrifying claims of safety issues with Tesla vehicles. Tesla's salesmen like to boast about not spending too much on media messaging. Their amazingly futuristic products do the PR work for them, they say. But Iwersen and Verfurden's work might cause the company to rethink that approach. The authors of The Tesla Files speak to the widows of men who have died in Tesla accidents and never had the cause of the crash adequately explained. They reveal how Tesla's obsession with elegant design, including those sleek retractable handles on the doors of various models, can make it impossible for drivers to be pulled out of the wreckage of their much-loved cars. The most alarming material concerns Tesla's 'autopilot' mode, which is supposed to make cars ever more safe by removing the scope for human error. Leaked documents show thousands of customer complaints, many suggesting that – similar to some genius invention gone horribly wrong in a sci-fi horror film – the technology can cause crashes instead of stopping them. 'Unintentional acceleration', where the computer elects to speed up for no good reason, is one concern. Another is 'phantom braking', when a Tesla dangerously slows down or stops unexpectedly. Given that Teslas can accelerate from 0 to 62mph in 3.8 seconds, and decelerate just as quickly, these phenomena have inevitably led to some extremely dangerous situations. 'After dropping my son off in his school parking lot, as I go to make a right-hand exit it lurches forward suddenly,' said one complainant. 'My autopilot failed/malfunctioned this morning [car didn't brake] and I almost rear-ended somebody at 65mph,' said another. 'Today, while my wife was driving with our baby in the car, it suddenly accelerated out of nowhere,' added a third. Other customers report in the book that their vehicles 'jumped lanes unexpectedly', shoving them into oncoming traffic or concrete road barriers. One 'driver', a physician from California, claims her vehicle steered her directly into a concrete post. '[The post] toppled over but the car didn't stop. I hit the next post. The airbag deployed and I was in shock,' she said. The driverless revolution is well under way in America, and the UK isn't far behind. Here, autopiloted cars are required to have a human behind the wheel, but the Government has sanctioned trials of genuinely driverless cars, which taxi service Uber last month announced it will begin in London next spring. But those stepping into an empty cab only months from now might want to heed the words of tech entrepreneur Vivek Wadhwa. He called himself a 'Tesla fanboy' having bought one after meeting Musk in 2013, and recounts in The Tesla Files how he invited the news channel PBS to experience the wonders of his autopilot system in 2017. As the camera rolled, he found himself having to slam on the brakes as his car sped towards another. 'Elon keeps pushing a lie,' says Wadhwa. 'People are dying because of Tesla's faulty technology.' It's a claim currently being investigated in court as the firm's lawyers defend the role its autopilot system played in a crash that killed a young woman. In 2019, Tesla owner George McGee had the autopilot function of his Tesla Model S activated as he was driving in Key Largo, Florida. Documents filed with the Miami federal court state that he'd lost sight of the road as he bent down to pick up his phone. In that moment, McGee's car allegedly shot through a T-junction at 60mph and crashed into the side of a parked truck. Standing next to the truck was its owner Dillon Angulo, who was seriously injured, and his girlfriend Naibel Benavides Leon, 22, who was flung into nearby trees and died. McGee alleges this was due to a fault with the car's autopilot. In its motion for a summary judgment last month, Tesla argued that the autopilot feature 'did not make the car 'self-driving' and that McGee was aware 'that it was still [his] responsibility to operate the vehicle safely even with autopilot activate'. The publication of Iwersen and Verfurden's book could hardly have come at a worse time for the firm. Tesla will no doubt point to steps it has taken to mitigate problems with unwanted acceration and braking impairing 'safe operation of the vehicle' that one of the car-maker's engineers listed in May 2018. Indeed, a fault-prone radar system was removed and now Tesla's camera-only technology appears to have decreased erroneous speeding episodes. But Iwersen and Verfurden claim that 'phantom braking' incidents have continued to rise. A German automotive technician, Jurgen Zimmermann, suggests that Tesla's video software mistakes shadows or other harmless objects for obstacles, thus triggering the brakes unnecessarily. Furthermore, earlier this year, a study from LendingTree insurance found that Tesla drivers are still involved in more accidents than drivers of any other brand. The rate of Tesla crashes has reportedly increased – to just under 27 accidents per 1,000 drivers, from almost 24 per 1,000 the year before. All car manufacturers have struggled to make autonomous vehicles work perfectly. But no CEO has been more publicly adamant than Elon Musk in insisting that the age of driverless cars is already upon us. 'I really consider autonomous driving a solved problem,' he said in 2016. In 2019, he added that buying anything other than a Tesla would be 'like owning a horse in three years'. But Tesla's head of autopilot software was recently forced to admit in another court case that, in testing, a human driver had to intervene repeatedly to prevent accidents. Since 2024, Tesla has felt compelled to label its autopilot system: 'Full self-driving (supervised)', which is something of a contradiction in terms. 'Do not become complacent,' the company now tells customers, which goes against Musk's vision that Tesla owners should be able to sleep while being whisked to their destination. In the case of Naibel Benavides Leon, Tesla may well cite an October 2024 judgment, in which a California court dismissed a lawsuit accusing Tesla of misleading investors about its autopilot system. 'Justice prevails,' tweeted Musk in triumph. But his company had to rely on what lawyers call the 'puffery defence', the argument that customers should not take marketing claims too literally. As Iwersen and Verfurden put it: 'Like a conductor guiding an orchestra, [Musk] plays with the fantasies of his fans and shareholders. His career is built on making promises about the future... Musk's product is the promise.' This is not to deny that Musk is a truly brilliant innovator or business creator. On the contrary, he is a true disruptor and in many ways a genius. Without him, great strides in electric transportation and space travel would not have been made. It's also worth noting that many of the testimonies in The Tesla Files come from disgruntled ex-employees who clearly resent Musk's 'ultra hardcore' work ethic. Perhaps it is no coincidence that Iwersen and Verfurden work for Handelsblatt, the newspaper of the German business elite, and Musk's Tesla has always been a threat to the leading German manufacturers such as Mercedes, BMW and Volkswagen. But it's also the case that, in building a sort of cult of personality around himself, Musk has managed to distract from the failings of his businesses. The manufacturer has declined to comment on Iwersen and Verfurden's research, and is yet to respond to the Mail's inquiry. For his part, Musk appears to have a semi-messianic faith in himself. He believes that he is improving and protecting humanity for centuries to come, so any misery he may cause in the here and now will be worth the pain. According to this credo, Tesla deaths today can be justified by the future possibility of entirely safe human-error-free transportation. Try telling that to the grieving families of the Tesla drivers who have lost their lives.
Auto Blog
an hour ago
- Auto Blog
State-by-State EV Savings: Slash Driving Costs by Up to 80%
View post: Why The 2025 Audi A6 e-tron Avant Is Exactly the Electric Wagon We Need In America Electric vehicles can slash your driving 'fuel' bill — but exactly how much you save depends on where you live, or rather where you charge. Here's a state-by-state look at per-mile EV costs using the latest electricity rates and gas prices. How Electricity Rates Shape EV Cost Your EV's operating cost comes down to two numbers: your local residential electricity rate and your vehicle's efficiency. According to the latest (2023) data from the U.S. Energy Information Administration, Louisiana averaged 13.46 ¢/kWh, Washington 13.03 ¢/kWh, Vermont 23.20 ¢/kWh, California 31.77 ¢/kWh, and Hawaii led the nation with 42.44 ¢/kWh (April 2025). Pairing these rates with an average EV efficiency of 3 mi/kWh yields per-mile 'fuel' costs ranging from just 4.49 ¢ in Louisiana to 14.15 ¢ in Hawaii. Meanwhile, AAA reports the national average for regular gasoline at $3.155/gal (July 18, 2025), which translates to about 10.52 ¢/mile at 30 mpg. State Rate (¢/kWh) EV Cost/mi (¢ at 3 mi/kWh) Gas Cost/mi (¢ at 30 mpg) Louisiana 13.46 4.49 10.52 Washington 13.03 4.34 10.52 Idaho 11.89 3.96 10.52 Georgia 14.84 4.95 10.52 Illinois 18.32 6.11 10.52 Florida 15.27 5.09 10.52 Vermont 23.20 7.73 10.52 California 31.77 10.59 10.52 Hawaii 42.44 14.15 10.52 EV operating cost hinges on your local electricity rate and your car's efficiency. With a representative 3 mi/kWh, charging in early 2025 cost roughly 4.49 ¢/mi in Louisiana (13.46 ¢/kWh), 4.34 ¢/mi in Washington (13.03 ¢/kWh), 7.73 ¢/mi in Vermont (23.20 ¢/kWh), 10.59 ¢/mi in California (31.77 ¢/kWh), and 14.15 ¢/mi in Hawaii (42.44 ¢/kWh) according to the U.S. Energy Information Administration. Meanwhile, at $3.16/gal for gas (≈ 10.5 ¢/mi at 30 mpg), fuel runs about 10.5 ¢/mi per AAA's national average. Beyond the Charger California's Clean Vehicle Rebate Project offers $2,000–4,500 rebates; Vermont provides up to $5,000 in state incentives plus utility rebates (e.g., Green Mountain Power's $3,200 cap) but still charges 6% sales tax; Washington utilities' off-peak TOU plans save about 20–30% on charging; and Entergy in Louisiana rebates $250–350 for home charger installs through its eTech Program. Total Cost Comparison Check your rate on your electric bill. Know your EV's efficiency (most average roughly 3 mi/kWh). Compute EV cost per mile: Rate ÷ Efficiency. Compare to gas: (Gas price ÷ Vehicle mpg). In low-rate states, EV 'fuel' runs 70–80% cheaper than gasoline. Even in California or Hawaii, incentives and off-peak plans keep EV costs on par, or slightly below, gas. Verdict: Plug In and Pocket the Difference Don't settle for $0.10–$0.14 per mile at the pump when you could be paying as little as $0.03 per mile on electricity. Crunch your own numbers now at the DOE's AFDC Vehicle Cost Calculator —enter your ZIP, your EV's efficiency and annual mileage, and watch your projected savings stack up. Whether you live where power is cheap or costly, this quick tool shows exactly how much you'll pocket by making the switch. Charge smarter, drive farther, and keep hundreds more dollars in your wallet each year. About the Author Brian Iselin View Profile
Auto Blog
an hour ago
- Auto Blog
2026 Ford Explorer Just Got More Affordable
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. View post: Civic Vs. Accord: What's The Best Honda Sedan For Under $30k? View post: How The World's Best Hillclimb Racer Trains His Body to Race at 14,000 Feet Above Sea Level View post: Are Kias Reliable? Here's Everything You Need To Know Best-Selling Midsize SUV for H1 2025 The 2026 model year is quite important for the Ford Explorer. With over 104,000 units sold in the first half of 2025, the Explorer is currently the best-selling midsize SUV in the US – a strong start for the newly refreshed model. Now, the company is doubling down on that momentum with a refreshed pricing strategy that could shake up the segment. According to the order guide that CarsDirect got its hands on, select trims of the 2026 Explorer are now more affordable than before, including a new rugged variant aimed squarely at off-road enthusiasts. The all-new Ford Explorer Tremor was slated to replace the outgoing Timberline trim, and with its pricing now official, it may be one of the smartest new buys in the three-row SUV space. A More Affordable Family SUV The base 2026 Ford Explorer Active now starts at just $38,330, down $1,720 from last year. Similarly, the top-end Platinum sees a $1,695 drop, starting at $50,830. The newly added Tremor trim joins the range at $48,330, undercutting Honda's Pilot TrailSport by over $1,000. That price also puts it just $1,100 below the now-discontinued 2024 Explorer Timberline. For shoppers looking for an affordable but capable SUV with legitimate trail-readiness, the Tremor could hit a sweet spot, both in terms of cost and performance. The 2026 Explorer Tremor takes over where the Timberline left off, but it's more than just a visual upgrade. Built for light off-road use, the Tremor rides on 18-inch black alloy wheels with all-terrain tires, comes with auxiliary lighting, and features a lifted suspension with retuned sway bars for better clearance and control. Ford also added underbody skid plates and unique Electric Spice accents on the wheels and tow hooks for a rugged aesthetic. Inside, the Tremor doesn't skimp on comfort, offering massaging front seats, Ford's latest infotainment suite, and available BlueCruise hands-free driving. There's a Steep Premium If You Want Top-Dog Power While the Explorer Tremor's $48K base price looks enticing, there's a catch. The 400-horsepower twin-turbo V6 engine is only available via the $11,505 Tremor Ultimate Package, bringing the total closer to $60,000. That's more than an ST 4×4, and it could impact how value-conscious buyers perceive the trim. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Still, with the base Explorer now cheaper than the equivalent Hyundai Palisade, Toyota Highlander, and Honda Pilot, Ford is positioning itself well. Rebates that once sweetened 2025 Explorer deals are gone for now, according to CarsDirect, but even at MSRP, the 2026 model has become a stronger competitor. The introduction of the Tremor, alongside simplified trim offerings and reduced pricing, suggests that Ford wants to keep the Explorer's crown as the midsize SUV king. Source: Ford About the Author Jacob Oliva View Profile
