New SMS Bitcoin Service Aims at Emerging Markets

New SMS Bitcoin Service Aims at Emerging Markets

Singapore-based payment processor CoinPip is introducing new payment options, allowing anyone in the world to send coins via SMS. It integrates seamlessly with the 'SMSwallet' system developed by US-based 37coins, which itself is aimed at developing and emerging markets where access to smartphone and desktop PC apps is limited. It allows consumers to pay in bitcoin via any CoinPip Merchant POS from any mobile device with SMS functionality. Anson Zeall, co-founder of CoinPip, is planning to expand across Hong Kong and Indonesia within the next month or so. His company's vision is to make....


Related News

Cash Inflow In Emerging Markets Can Be Positive For Bitcoin

Jamie Anderson, a managing principal at Tierra Funds, seems convinced there is data showing these countries are recovering. At the same time, these inflows are only a drop of water on the boiling plate at this stage. For those people who were dreaming of a cashless future, that situation will not become a reality anytime soon. Emerging markets are suddenly receiving bucketloads of cash, to buy stocks and bonds. Interestingly enough, both emerging markets and developing countries are reaping the benefits of this change. It has to be said, a record amount of cash funds have been flowing to....

Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked Po...

Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption in Emerging Markets Visa and Tala have formed a new partnership “to help underbanked populations participate in the crypto economy,” Tala announced Wednesday. Tala is “a financial technology company on a mission to enable and accelerate financial health for all,” its website....

Canadian Crypto Lender Ledn Raises $2.7M for Emerging Markets Expansion

After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.

Bitcoin tackles unique challenges in emerging markets

The adoption of Bitcoin continues to be driven by case-by-case needs as Blockchain Economy Istanbul hones in on emerging markets. The adoption of Bitcoin (BTC) in emerging markets was a focal point on the first day of the Blockchain Economy Istanbul event, with calls for a focus on case-by-case use of Bitcoin to maximize its reach.The two-day summit sees prominent speakers from the cryptocurrency ecosystem converge with the likes of MicroStrategy’s Bitcoin proponent Michael Saylor on the panel list at this year's event.Cointelegraph caught up with Ben Caselin, VP of global market and....

Crypto use in emerging markets driven by necessity: KuCoin Labs head

Key differences in the use and development of cryptocurrencies come to the fore as Blockchain Economy Istanbul continues to focus on emerging markets. The proliferation of cryptocurrencies around the world has been driven by different use-cases, with key differences becoming apparent between developed and emerging market environments.Lou Yu, who heads up KuCoin Labs, tackled the subject after a keynote address during the second day of Blockchain Economy Istanbul in Turkey. In an exclusive interview with Cointelegraph, Yu unpacked her experience working with a variety of projects and....