Categories: CryptoNews

Chip-Chap Users Can Now Buy Bitcoin Through SafetyPay

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.

Related Post

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.

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Bitget Launches OpenAI Pre-IPO Access As Crypto Exchanges Push Into Tokenized Equity Markets

Bitget officially launched pre-IPO access to OpenAI via its IPO Prime platform which deepens their…

9 hours ago

Tether Expands Open-Source Push With New Developer Grants For AI And Payment Infrastructure

Tether's presence in decentralized tech space is growing due to the launch of its developer…

1 day ago

Huma Finance Exploit Hits Legacy Contracts As Platform Maintains Stability And Accelerates Transition To V2 System

While challenges remain, the decentralized finance sector is moving forward, and Huma Finance's exploit serves…

1 day ago

Chainlink Expands Cross-Chain Reach As Major Protocols And Institutions Deepen Adoption 

Chainlink is continuing its mission to be the most widely integrated infrastructure in crypto, adding…

2 days ago

Sui Network Hit Again: DeepBook Exploit Adds To Growing List As Token Defies Pressure With Bullish Breakout

A vulnerability in one of the core DeFi protocols on Sui Network exposes the ecosystem…

3 days ago

Polygon Raises Network Capacity To 140M Gas

Polygon has made a big move in cementing its mission as one of the leading…

4 days ago