AstroPay, one of the popular payment systems in Latin America, announced the launch of its crypto offering. The latter enables customers to buy and sell cryptocurrencies while avoiding maintenance, trading, or transfer fees.
AstroPay’s digital wallet supports Bitcoin, Bitcoin Cash, Litecoin, and Cardano. Customers can buy the desired cryptocurrency by paying in USD or local currency. The process is as simplified as possible, and happens entirely in the mobile or web based app where customers just have to follow the steps.
Mikael Lijtenstein, Astropay CEO, commented on the new launch and said that AstroPay was “thrilled” to be “at the forefront of international payment solutions” as far as crypto offering was concerned. He added that AstroPay is targeting younger users who are digital natives and less suspicious of crypto and new technologies in general.
Mr. Lijtenstein elaborated that the launch was also “testament to the business” as AstroPay provides merchants with a broader range of payment options.
Many countries in Latin America have a strong interest in crypto, and it comes as no surprise that AstroPay is also embracing the opportunity. What’s more, El Salvador even made bitcoin a legal tender alongside the US dollar.
The cryptocurrency market is gaining momentum and AstroPay is the first digital wallet to offer Cardano blockchain tokens in Latin America, but it is definitely not the only payment system that has turned its sight to the crypto markets. Two of the most popular payment processors worldwide – Visa and PayPal, have also jumped on board and started to support crypto in different forms.
For now, the AstroPay crypto service is available on selected markets only, with the tendency of continuing to expand its footprint.