AstroPay expands multicurrency wallet to Latin American countries

Fintech Company Astropay has expanded Multicurrency to many Latin American countries, including Colombia, Brazil, Argentina, Peru and Chile.

The company said that this step aims to enable digital workers and international travelers throughout the region to send and spend money more quickly at a lower cost, bypassing traditional banking systems.

The company’s approach includes direct licensing, forming partnerships with financial institutions, and benefiting from international organizational frameworks to enable global transactions.

This allows individuals and companies in Latin America to manage their money through storage and transfer features, and receive and withdraw international payments.

The company claims that the wallet provides less transactions costs compared to traditional financial services, as well as “competitive exchange rates”.

Moreover, it is expected that the expansion of companies will help explore new markets and improve their financial strategies, as the company referred to.

“Latin America welcomes millions of visitors every year-tourists and workers from a distance and the nomadic nomadic Bedouins-all of whom need an intuitive way to pay like the local population. At the same time, the workforce on the Internet is expanding quickly, with more people who earn an income from abroad more than earlier,” said Astropay.

“The traditional banking systems of this reality are not designed. A multi-step portfolio retains this gap, giving users a fast and low-cost method to receive money and spend it across the border-without usual friction.”

In January, ASTROPAY obtained the Payment Corporation’s license (PI) from the Central Bank of Brazil to expand its financial services to Brazilian users and companies.

It was created in 2009, the company is based in the UK border payment solutions, multi -process portfolios, etc.

“AstroPay has originally created a multi -process wallet to Latin American countries” originally and published by Electronic Payments International, a brand owned by Globaldata.

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