Making Bitcoin convenient to buy is the primary objective of many companies. Chip-Chap is one of those companies mainly targeting Spanish-speaking regions. The company has expanded their range of service as they now accept SafetyPay as a payment method. This will open up their Bitcoin buying service to even more customers all over the world.
Chip-Chap Continues Their Expansion
It is always positive to see Bitcoin companies expand their reach. By deliberately targeting the Spanish-speaking community, Chip-Chap is bringing Bitcoin to regions where it can make a significant impact. Among the areas they offer services in are Spain, Latin America, and various South American countries.
What makes it hard to expand customer bases in these regions, however, is which payment methods are accepted. Every country has its rules and regulations when it comes to money exchange services, and Chip-Chap falls into this category. Luckily, the company continues to expand its offerings on a regular basis.
The company announced they have incorporated SafetyPay as a payment method to buy bitcoin. This online payment solution lets the user pay in their local currency with a bank transfer. Albeit not all of the regions Chip-Chap is targeting have high bank account penetration, SafetyPay is quite popular in Latin America and Europe.
Moreover, the service offers a very simple purchase process to buy bitcoin. Users will need to complete a form with all of the details and the amount of local currency to be converted. SafetyPay will direct users to a payment page, and once everything has been completed, the Bitcoins will be sent to the wallet address specified by the buyer.
For the time being, it remains to be seen if this decision will gain Chip-Chap some new users in these regions. Expanding the available payment methods is always a smart move, though. Bitcoin can play a significant role in daily lives of Latin American residents. Through SafetyPay, Chip-Chap makes it a bit easier for consumers to get involved in cryptocurrency.
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