Pademobile Brings Mobile Bitcoin Access to 3 Million in Mexico
Bitso, Mexico's first Bitcoin exchange, has revealed to CCN a partnership with Pademobile that will allow all 3 million of the payment company's customers to purchase bitcoins from their mobile phones. The Mexican Bitcoin exchange has claimed they want to "strengthen the purchase and use of Bitcoin in Mexico" with this move. Pademobile is the company that was able to bring Bitcoin acceptance to every 7-11 in the country earlier in the year. Bitso has also announced that credit cards will now be accepted on their exchange platform, which makes them one of the first companies in the world to....
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Mexico has seen modest Bitcoin market penetration so far but has also avoided any condemnation or over-regulation by government. Bitcoin is seen as a digital asset and is not illegal to use in Mexico. 7-Eleven stores have taken Bitcoin under agreement and merchants are starting to hear about Bitcoin and accept it in larger metropolitan areas. This has created fertile ground for growth and innovation, and the newest application in Mexico may be the best and most useful. Called Volabit, it brings debit card convenience to smartphones in Mexico, making Bitcoin as easy to use as a peso.....
Bitso has teamed up with mobile financial services company Pademobile in an effort to bring bitcoin to millions of mobile phone users in Mexico. The news marks the latest move from mainstream digital wallet provider Pademobile, which first joined the bitcoin ecosystem this February, and whose executive team members are currently involved in Fundación Satoshi Nakamoto, the country's local Bitcoin Foundation affiliate. With Pademobile's digital wallet users can send and receive money, make purchases or top up their cell phones using the account for their service, which they can fund with....
7-Eleven convenience stores and Ghandi Bookstores in Mexico will reportedly begin accepting bitcoins, albeit indirectly, according to news website El Diario. It's coming together thanks to a payments company/mobile wallet called Pademobile that allows users to make payments directly from their mobile phones. The company's CEO Raul Nogales revealed that Pademobile users can link in their Coinbase accounts in order to make payments. And since 7-Eleven and Ghandi Bookstores already work with Pademobile, it means you can use your bitcoins to buy snacks, pay bills, books, and more. Although the....
Mexico continues its open arms approach to Bitcoin propagation with the partnership of Bitcoin exchange Bitso with mobile payment provider Pademobile. As of today, Bitso clients are able to fund their accounts by credit card using their Pademobile account, while Bitcoin’s liquidity is being made available to all 3 million current subscribers to the Pademobile service. In cementing the partnership, Bitso furthermore becomes one of only a handful of exchanges globally to offer credit card funding. “This marks the beginning of a very exciting partnership for developing and promoting the use....
The Bitcoin Foundation added its latest affiliate chapter this week when it announced that Mexico's Fundación Satoshi Nakamoto had officially gained accreditation. The decision comes at a time when the Bitcoin Foundation is looking to further its International Affiliate Program, and notably follows the appointment of the first two affiliate chapters - Bitcoin Foundation Canada and the Bitcoin Association of Australia - in December 2013. While a boon for the Bitcoin Foundation, the move can also be seen as a validation of the work being done to grow Mexico's bitcoin ecosystem, which local....