BitPay Partners with Banxa to Expand Payment Methods for Cryptocurrency Buyers

Leading bitcoin payment service provider BitPay and international payments infrastructure company Banxa are collaborating to give cryptocurrency purchasers with more payment options globally. Through this cooperation, customers will have the ease of using local payment methods to buy bitcoin assets from locations in the Americas, Europe, Asia, Africa, and Oceania.

Local Payment Options

Customers may now access and buy bitcoin assets more easily by using a number of well-known local banking payment options. The payment methods that are available for use are: iDEAL (Netherlands), SEPA (European countries), ACH (United States), PayID (Australia), PIX (Brazil), Interac (Canada), ACH (United States), SPEI (Mexico), Khipu (Chile), PSE (Philippines), and Thai QR (Thailand).

More than 175 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Polygon (MATIC), and many more, are supported for sale using BitPay and Banxa over 20 chains. Depending on where you are, different cryptocurrencies might not be accessible.

The CEO of BitPay, Stephen Pair, underlined the significance of this collaboration in offering the international bitcoin community adaptable, practical, and safe means to purchase cryptocurrency assets.

The CEO of Banxa, Holger Arians, emphasized how Banxa’s infrastructure is built to easily interface with current payment service providers, improving BitPay customers’ overall experience globally by giving them more access to additional payment options.

How It Works

The BitPay Wallet app and website have the update live. Banxa will show up as a partner when users of BitPay’s platform from across the world purchase cryptocurrencies. Users will be sent to the Banxa website after choosing the cryptocurrency offer from Banxa, where they may finish their cryptocurrency purchase by entering their bank information.

Supported countries and currencies include the United States (USD), United Kingdom (GBP), Australia (AUD), Canada (CAD), Netherlands (EUR), Brazil (BRL), Turkey (TRY), South Africa (ZAR), Mexico (MXN), Chile (CLP), Colombia (COP), Thailand (THB), Austria (EUR), Belgium (EUR), Bulgaria (BGN), Croatia (HRK), Republic of Cyprus (EUR), Czech Republic (CZK), Denmark (DKK), Estonia (EUR), Finland (EUR), France (EUR), Germany (EUR), Greece (EUR), Hungary (HUF), Ireland (EUR), Italy (EUR), Latvia (EUR), Lithuania (EUR), Luxembourg (EUR), Malta (EUR), Poland (PLN), Portugal (EUR), Romania (RON), Slovakia (EUR), Slovenia (EUR), Spain (EUR), and Sweden (SEK).

With a variety of local payment methods available to them for the acquisition of their digital assets, this cooperation is expected to greatly increase the accessibility of cryptocurrencies for customers throughout the globe.