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Home Crypto News

Latin American Telecom Firm Accepts Crypto Funds By way of BitPay

June 16, 2021
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Latin American Telecom Company Accepts Crypto Payments Through BitPay
Latin American telecom company accepts crypto payments through BitPay

Latin American telecom company accepts crypto payments through BitPay

GoldConnect, a Latin American telecommunications company, announced on Tuesday that it will allow customers to pay with cryptocurrencies through payment processor BitPay, marking another major milestone in adoption. Bitcoin (BTC) of the region.

Cryptocurrency payments can be made through LatamConnect, a platform that connects directly to BitPay. Cryptocurrency payments made through BitPay will be made in local fiat currency.

Jeremy Villalobos, COO of GoldConnect, said:

“As a disruptive telecommunications service provider in the LATAM region, we must continually adopt the latest technologies and business methods to improve customer engagement and experience.”

Shaun Worley, vice president of BitPay, added:

“GoldConnect recognizes the potential of cryptocurrency to transform the wholesale telecommunications industry, making payments faster, safer and cheaper on a global scale.”

Latin America Is Becoming a Hotspot for Crypto Activity

Recently, El Salvador became the first country in the world to recognize Bitcoin as legal tender, laying the groundwork for mass adoption in the region.

Several legislators in Latin American countries have expressed their interest in bitcoin after El Salvador passed a law making the cryptocurrency legal tender. Countries include Paraguay, Argentina, Panama, Brazil and Mexico. Tonga and Tanzania have also expressed interest in bitcoin.

The laser eyes meme has been sweeping the bitcoin community since February with the basic implication that anyone looking in the eye is laser-focused on the bitcoin price rallying to $100,000. Politicians, celebrities, and investors joined in and beamed lasers at their profile pictures.

Bitso recently became Latin America’s first multi-billion dollar cryptocurrency exchange. It took Bitso six years to bring in 1 million users and another 10 months to sign up 2 million users, highlighting a strong growth curve in terms of adoption in the 2020-2021 bull market.

GoldConnect is a leading telecommunications service provider with a presence in 17 countries in Latin America and the Caribbean. With over 9 years of providing networking solutions to corporate customers and global Service Providers, GoldConnect relies on its wholly owned award-winning network infrastructure and partnerships. extensive to provide Network Solutions, Cloud Connectivity, Cybersecurity and Data Center services in more than 40 countries in the region.

With over 20 years in the telecommunications industry, Gold Telecom Inc. committed to understanding the critical needs of wholesale customers and components. Taking this industry experience and forging it into one of the most innovative and advanced networks is the solid foundation of GoldConnect.

GoldConnect is faster and provides instant access to pricing through search, quote and order processing. They are transparent in their end-to-end visibility and personalized support to help follow up on problem resolution, and put the customer first with dedicated support teams available 24×7. Finally, GoldConnect’s innovative technology leverages automation to redefine the customer experience while providing more exclusive options.

With the crypto boom of the past weeks in Latin America, GoldConnect realizes the potential of cryptocurrencies to transform the wholesale telecommunications industry, making payments faster, safer and cheaper. on a global scale.

The acceptance of Bitcoin in transactions by this leading telecommunications company marks an important milestone in the development of the crypto industry throughout the region.

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Important Note: All content on the website is for informational purposes only and is not investment advice at all. Your money, the decision is yours.

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