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Bitpay And Banxa Partnership Expands Global Crypto Accessibility

Published 2023-10-26, 04:06 p/m
© Reuters
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BitPay, the cryptocurrency payment service provider, has broadened its global reach through a collaboration with Banxa, enabling retail investors worldwide to purchase more than 175 cryptocurrencies. The digital currencies, including Shiba Inu (SHIB), Dogecoin (DOGE), XRP, Bitcoin (BTC), Ethereum (ETH), and others based on 20 blockchains, can now be bought via the Wallet app and BitPay's website using multiple international banking payment methods.

The partnership significantly extends accessibility to users in countries such as Brazil, New Zealand, Turkey, Africa, and Australia. The payment methods supported include iDEAL, SEPA, ACH, Interac, Faster Payments Systems, PayID, POLi, PIX, and Turkey Bank Transfer.

In a separate agreement with the AMC movie theater network, BitPay has also facilitated crypto payments for tickets to Taylor Swift's concert tour movie. Cryptocurrencies such as Shiba Inu, XRP, and Bitcoin are among the accepted forms of payment for this purpose. This move further demonstrates the growing acceptance of digital currencies in various commercial sectors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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