BitPay, a global leader in Bitcoin and cryptocurrency payment services, has announced a strategic partnership with Banxa, the renowned global payments infrastructure provider for the crypto-compatible economy. This collaboration aims to extend access to new payment methods for crypto buyers spanning multiple countries worldwide.
Communities engaged in cryptocurrencies across the Americas, Europe, Asia, Africa, and Oceania can now enjoy the convenience of utilizing local payment methods for purchasing cryptocurrency assets. These localized payment options, dedicated to meeting global regulatory requirements and obtaining necessary licenses, provide a seamless and efficient alternative to traditional payment methods, BitPay said in a press statement.
BitPay and Banxa jointly support the sale of over 175 cryptocurrencies across 20 chains, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Polygon (MATIC), and more. It’s important to note that the availability of cryptocurrencies may vary by country. Further details on purchasing and managing cryptocurrencies are available in the BitPay Wallet app or on the BitPay website.
Stephen Pair, CEO of BitPay, stated, “This partnership brings together two prominent players in the cryptocurrency space to ensure our global community can buy their crypto assets with flexibility, convenience, and security.”
Holger Arians, CEO of Banxa, added, “Banxa’s infrastructure is designed to help BitPay seamlessly integrate with existing payment service providers, enhancing the overall experience of BitPay users around the globe through access to new payment methods. We’re especially excited to partner with BitPay – an organization that shares our commitment to providing innovative payment solutions for global users.”
