8,000 Convenience Stores in Argentina Now Sell Bitcoin
BitPagos has launched Ripio, a new bitcoin brokerage service that allows consumers in Argentina to buy small amounts of bitcoin at more than 8,000 convenience stores. To achieve this goal, Ripio will integrate with TeleRecargas, a popular mobile phone service that allows consumers to prepay for cell phone plans at a network of partner convenience stores across Argentina. Argentina and Palo Alto-based bitcoin merchant processor BitPagos raised $600,000 from prominent bitcoin angel investors earlier this year. The company's CEO Sebastian Serrano told CoinDesk that Ripio aims to target....
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Taiwanese startup Maicoin has launched a system that lets users buy bitcoin at 10,000 convenience stores in the territory, both over the counter and at in-store terminals. Maicoin founder and CEO Alex Liu said foreign workers using bitcoin for remittances would benefit from the over-the-counter service, as it does not require users to have a bank account. In Asia, people routinely pay utility and postal bills at convenience stores by giving physical cash to store clerks who initiate electronic transfers. To use the service, customers create an order for bitcoins using Maicoin's mobile app....
Two large convenience store chains in Taiwan, Hi-Life and OK Mart, have turned into de facto Bitcoin buying locations for Taiwan's highly tech-connected population. Two months ago, BitoEX started letting users buy Bitcoin directly at their local Family Mart. Now, that functionality is available in Hi-Life and OK Mart, bringing the total amount of convenience stores wired for Bitcoin buying to over 5,000. Taiwan is slowly but surely embracing Bitcoin as the island nation's residents start to establish key infrastructure for Taiwan's Bitcoin ecosystem. Now that the country's 2nd, 3rd, and....
A new company in Taiwan called Maicoin announced its plans to let customers buy bitcoin in 10,000 convenience stores in the country. According to its founder and CEO Alex Liu, this could benefit foreign workers who are using bitcoin for remittances. To do so, customers need to create a Maicoin account using the mobile app or web-based wallet. They can place an order to buy bitcoin through these and pay in cash at the counter of the convenience store to complete the transaction. Purchases can also be done through regular bank ATMs from their personal accounts and fund transfers. Buy Bitcoin....
By the middle of this year, Australians will be able to pay with crypto at service stations and convenience stores in South Australia, as private enterprises warily embrace digital currency payments. According to The Australian, On The Run (OTR), a prominent convenience store chain, will soon permit payment in Bitcoin and other digital currencies to […]
The organizers of a large-scale project to make bitcoin available over the counter at thousands of Taiwanese convenience stores have spoken about the efforts it took to bring their plan to fruition. The main hurdles were overcoming lack of knowledge about bitcoin and local regulatory fears among mainstream businesses, according to local exchange BitoEX. Despite these, the company still managed to launch a fully operational bitcoin-purchasing service in October, with a rollout to 2,980 Family Mart stores. It then expanded to over 5,000 stores in total, with the addition of the OK MART and....