Bitcoin Wallet Startup Now Extending Credit to Users

Bitcoin Wallet Startup Now Extending Credit to Users

Bitcoin payments startup BitPagos is now giving its wallet users access to credit through its Ripio wallet offering. At launch, the offering will be available to a select number of users in Argentina, who will be able to borrow between $500 and $1,000 in bitcoin directly from the service, with credit extended based on the user's annual salary. Users would then pay back the loan in three or six-month installments, plus interest. Ripio and BitPagos CEO Sebastian Serrano said his team is seeking to make the digital currency more accessible for online consumers. Serrano told CoinDesk:....


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