TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Economie

Paxful announces the arrival of its crypto card in Mexico

by souhaib
October 29, 2020
in Economie
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT


You might also like

‘momentum is continuing into 2022’

Astra Space stock closed down 20% on Monday: here’s why

Ripple, Dogecoin, Litecoin price forecast for February 2022

  • P2P marketplace, Paxful, recently announced a new partnership with Mexico’s Bnext bank.
  • The two teamed up to provide Mexicans with a crypto debit card and make it easier to reach and use coins.
  • Mexicans can now use the card for payment at any PoS terminal or withdraw cash at ATMs with no fees.

Paxful, a well-known Bitcoin P2P marketplace, has recently announced its partnership with a Spanish neobank, Bnext. Thanks to this alliance, the two will be able to launch a crypto debit card in Mexico.

Paxful and Bnext are launching a crypto debit card

According to what is known, this partnership will allow Paxful’s customers from Mexico to use their digital coins to fund the card, and pay at any PoS terminal in and out of Mexico. On top of that, they will also be able to withdraw cash at ATMs, with zero fees.


Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

In addition, Bnext’s own customers will be able to directly access the crypto P2P marketplace, and buy and sell coins at any time.

Paxful’s announcement further states that Mexico has rather strict banking regulations, which are encouraging people to go for crypto even further. Many have, indeed, found their way to the crypto industry because of this, and so figures from various crypto exchanges, such as Bitso, saw a massive increase over the last few years.

Bitso, in particular, noted a growth of 342% in its trading volume in Mexico between September 2019 and May 2020.

Bringing a reliable banking alternative to Mexico

Paxful’s co-founder and CEO, Ray Youseff, commented on the partnership with Bnext, calling it a critical step towards financial inclusion. He said that Paxful is delighted to team up with the bank, which will help bring financial inclusion one step closer to reality.

The pair aims to work together to offer a safe banking alternative to the people of Mexico, and meanwhile, also make crypto trading and using more accessible on a global level.

Of course, Bnext is only the latest addition to Paxful, which currently offers over 300 different payment methods. No matter what kind of payment method users might prefer, Paxful likely already has it enabled.

Now, Bnext’s users will be able to quickly and easily buy and sell Bitcoin and Tether, and since Mexico is one of the six countries that use cryptocurrencies the most in the world, this opportunity is not going to go to waste.



Source link

Share this:

  • Twitter
  • Facebook
  • More
  • Pinterest
  • Telegram
  • Email
Share30Tweet19
Previous Post

Billy Vunipola is still the back row boss despite Tom Curry’s ever-growing presence

Next Post

Andre Cronje Is Back to Thrill the Defi Market : KP3R Token surge 2000%

souhaib

Recommended For You

‘momentum is continuing into 2022’

by souhaib
February 7, 2022
0

Shares of Chegg Inc (NYSE: CHGG) are up 10% in extended trading on Monday after the student services company said it performed better-than-expected in Q4, despite COVID-19 uncertainty....

Read more

Astra Space stock closed down 20% on Monday: here’s why

by souhaib
February 7, 2022
0

Read more

Ripple, Dogecoin, Litecoin price forecast for February 2022

by souhaib
February 7, 2022
0

The cryptocurrency market is advancing this Monday, and this situation also supports the price of Ripple XRP/USD, Dogecoin DOGE/USD, and Litecoin LTC/USD. Bitcoin is trading above the $44,000...

Read more

Analyst: ‘Apple would be forced into it if Amazon goes after Peloton’

by souhaib
February 7, 2022
0

Read more

Should I buy Uber shares in February 2022?

by souhaib
February 7, 2022
0

Uber Technologies, Inc. (NYSE: UBER) will announce fourth-quarter earnings results this Wednesday, February 09, after the market closes. Uber shares have weakened more than 10% since the beginning...

Read more
Next Post

Andre Cronje Is Back to Thrill the Defi Market : KP3R Token surge 2000%

No Result
View All Result

Recent Posts

  • A final inspiring message from Deborah James to her army of supporters: ‘Find a life worth enjoying’
  • Senior’s Guide to Staying Healthy
  • 5 stories from those who survived the building collapse in Surfside, Miami
  • Basketball star Dyson Daniels’ mom, 54, addresses viral fame after attending NBA Draft with her son
  • Borrowing more than necessary, dangerous for housing developers in times of uncertainty: Consorcio Ara

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide