El Salvador's largest bank partners with Flexa for Bitcoin payments
Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards. Bancoagrícola, El Salvador’s largest financial institution, is set to boost the country’s Bitcoin adoption policy following its partnership with digital payments gateway Flexa.According to an announcement by Flexa on Thursday, Bancoagrícola has inked a deal with the crypto payment network to enable Bitcoin (BTC) transfers for the bank’s customers including retail and merchant clients.As part of the partnership, Bancoagrícola customers can make credit card payments....
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Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered with Flexa, a payments network, to include cryptocurrency capabilities in its software. Bancoagricola also allows merchants using Wompi services (a digital payment processor) to receive bitcoin for goods and services sold.
Bancoagricola Embraces Bitcoin
Bancoagricola, the biggest financial institution in El Salvador, has been one of the first to include bitcoin support for its financial....
The Mexican food chain Chipotle has announced customers can now start making payments in Bitcoin, Dogecoin, and other cryptos using Flexa. Chipotle Starts Taking Bitcoin And Dogecoin Payments Through Flexa As per a post by Flexa, customers can now start paying at the Mexican restaurant chain Chipotle using digital currencies. Chipotle Mexican Grill is an […]
Mobile payment infrastructure company Citcon has enabled bitcoin payments for its worldwide network of retailers with Flexa.
El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading. The government of El Salvador will reportedly exempt investors from paying a capital gains tax and an income tax on Bitcoin (BTC), according to a presidential legal counsel.Javier Argueta, a legal adviser to President Nayib Bukele, is looking to encourage foreign investment through major tax breaks on Bitcoin, Agence France-Presse reported Sept. 10. “If a person has assets in Bitcoin and makes high profits, there will be no tax. This is done obviously to encourage foreign investment,”....