Bitso Targets Mexico's Mobile Phone Users With SMS Bitcoin Buying
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....
Related News
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....
Mexican bitcoin exchange Bitso has secured a seed-funding round led by Barry Silbert's Digital Currency group which was participated in by Mexico-based angel investors.With the new financing, Bitso plans to expand its team in Mexico and aggressively push its project to use bitcoin for cross-border payments across South America. Since the majority of the population has no access to bank accounts or credit cards, Bitso aims to provide the nation with a cheaper yet robust mobile payment platform by connecting its bitcoin exchange with Transfer. Transfer is a lightweight banking initiative....
Mexican Bitcoin Exhange Bitso has officially launched as the first Ripple Gateway in Mexico. Bitso will be the first issuer of Mexican Peso (MXN) balances on the Ripple Network. The company intends to use the unique characteristics of the Ripple network and protocol to tackle the remittance market between Mexico and the US. Bitso is a Mexican-based provider of cryptocurrency services, including remittance facilities and consultation. The company has offices in Mexico City, Puebla and Vancouver. The intention with becoming a Ripple gateway is to extend service offerings available to its....
Leading crypto exchange Bitso has integrated a payment solution developed by Circle, one of the companies behind the stablecoin USD Coin (USDC). The integration will enable cross-border payments from Mexico to the U.S., according to a press release. Related Reading | Bitso to Use Ripple’s ODL to Process 20 Percent of Remittances to Mexico Bitso […]
Bitso, a bitcoin exchange based in Mexico, was able to secure a seed-funding round from the Digital Currency Group and angel investors in the country. The exchange plans to expand in Mexico and collaborate with the Mexican government's current approach to cross-border payments in the region. In the country, there are very few people who have access to bank accounts or credit cards, which means that alternative forms of fund transfer are welcomed. The Mexican government has already launched an initiative called Transfer, which also works with Mexican banks and corporations including....