Bahamas Payment Platform Offers Cryptocurrency for Remittance Transfers

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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The Bahamas Payment Platform has become the latest company to offer cryptocurrency as a remittance option. Western Union has expanded their services to the Bahamas to cater to the needs of migrants sending money back home. The platform allows users to transfer funds in Bitcoin, Ether, and other cryptocurrencies to provide faster, cheaper, and more secure transactions than traditional remittance methods. The move is another sign of the growing acceptance of cryptocurrency as a viable payment option in the developing world.

Source: https://coinpedia.org/crypto-live-news/bahamas-payment-platform-offers-cryptocurrency-for-remittance-transfers/